NVIDIA (NASDAQ:NVDA) Director Mark Stevens Sells 585,000 Shares of Stock

NVIDIA Corporation (NASDAQ:NVDA) Director Mark Stevens sold 585,000 shares of the company’s stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $220.29, for a total value of $128,869,650.00. Following the completion of the sale, the director owned 4,622,271 shares of the company’s stock, valued at approximately $1,018,240,078.59. The trade was a 11.23% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

NVIDIA Stock Up 3.2%

NVDA stock opened at $224.41 on Thursday. NVIDIA Corporation has a twelve month low of $164.07 and a twelve month high of $236.54. The company has a quick ratio of 3.85, a current ratio of 4.59 and a debt-to-equity ratio of 0.14. The stock has a market cap of $5.41 trillion, a P/E ratio of 28.37, a PEG ratio of 1.71 and a beta of 2.22. The business’s 50-day moving average price is $209.20 and its 200-day moving average price is $201.53.

NVIDIA (NASDAQ:NVDA) last released its earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.09 by $0.13. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. The company had revenue of $96.22 billion during the quarter, compared to analyst estimates of $92.27 billion. During the same period in the prior year, the firm posted $1.05 EPS. The firm’s quarterly revenue was up 105.9% compared to the same quarter last year. On average, equities research analysts forecast that NVIDIA Corporation will post 9.1 EPS for the current year.

NVIDIA announced that its Board of Directors has approved a stock buyback plan on Wednesday, May 20th that permits the company to buyback $80.00 billion in outstanding shares. This buyback authorization permits the computer hardware maker to repurchase up to 1.5% of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s board of directors believes its shares are undervalued.

NVIDIA Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Thursday, September 10th will be given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 0.4%. The ex-dividend date is Thursday, September 10th. NVIDIA’s dividend payout ratio (DPR) is presently 12.64%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on NVDA shares. Stifel Nicolaus set a $315.00 price target on NVIDIA in a report on Thursday, August 27th. UBS Group set a $300.00 target price on NVIDIA and gave the company a “buy” rating in a research note on Thursday, August 27th. Weiss Ratings reissued a “buy (b)” rating on shares of NVIDIA in a report on Wednesday, July 8th. Raymond James Financial set a $515.00 price target on shares of NVIDIA and gave the company a “strong-buy” rating in a report on Thursday, August 27th. Finally, William Blair reiterated an “outperform” rating on shares of NVIDIA in a research note on Tuesday, June 2nd. Two research analysts have rated the stock with a Strong Buy rating, fifty have given a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $324.23.

Institutional Investors Weigh In On NVIDIA

Several hedge funds and other institutional investors have recently modified their holdings of the business. Montgomery Financial Services LLC purchased a new position in shares of NVIDIA during the second quarter worth approximately $28,000. Lifetime Wealth Management P.C. bought a new position in NVIDIA in the fourth quarter worth about $26,000. Longview Financial Advisors Inc. bought a new position in shares of NVIDIA during the 1st quarter worth approximately $27,000. Longfellow Investment Management Co. LLC lifted its position in NVIDIA by 47.9% during the second quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker’s stock valued at $33,000 after acquiring an additional 67 shares during the last quarter. Finally, Phillip James Consulting Co. purchased a new stake in NVIDIA during the first quarter valued at approximately $40,000. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Strong server demand supported by Dell: Dell Technologies’ stronger-than-expected results and raised guidance reinforced NVIDIA’s view that enterprise and hyperscaler spending on AI servers remains strong. NVIDIA’s stock is climbing as investors get more confidence in an expanding base of AI customers
• Positive Sentiment: Potential Hugging Face acquisition: Reports that NVIDIA is in advanced discussions to acquire AI platform Hugging Face for roughly $13 billion to $14 billion lifted expectations that the company could strengthen CUDA adoption, developer retention and recurring software revenue. The deal remains unconfirmed and could face integration and neutrality concerns. Why Nvidia’s $14 Billion Hugging Face Deal Would Make Total Sense
• Positive Sentiment: Expansion beyond GPUs: NVIDIA’s investments and partnerships with MediaTek, Equinix and optical-networking startup iPronics could extend its reach into custom AI chips, inference, automotive computing and data-center connectivity. An reported $35 billion Anthropic cloud commitment also highlighted continued demand for NVIDIA-powered compute. NVIDIA’s MediaTek Bet Shows How It Plans to Defend Its AI Moat
• Positive Sentiment: Analyst confidence remains high: J.P. Morgan reaffirmed a Buy rating and a $320 price target, citing strong AI-driven growth and expected demand for NVIDIA’s next-generation platforms. NVIDIA Buy Rating Reaffirmed

About NVIDIA

NVIDIA Corporation, founded in 1993 and headquartered in Santa Clara, California, is a global technology company that designs and develops graphics processing units (GPUs) and system-on-chip (SoC) technologies. Co-founded by Jensen Huang, who serves as president and chief executive officer, along with Chris Malachowsky and Curtis Priem, NVIDIA has grown from a graphics-focused chipmaker into a broad provider of accelerated computing hardware and software for multiple industries.

The company’s product portfolio spans discrete GPUs for gaming and professional visualization (marketed under the GeForce and NVIDIA RTX lines), high-performance data center accelerators used for AI training and inference (including widely adopted platforms such as the A100 and H100 series), and Tegra SoCs for automotive and edge applications.