Nvidia Corp. (NASDAQ:NVDA) Director A Brooke Seawell sold 35,000 shares of the firm’s stock in a transaction that occurred on Monday, November 14th. The stock was sold at an average price of $87.74, for a total transaction of $3,070,900.00. Following the sale, the director now owns 41,213 shares of the company’s stock, valued at $3,616,028.62. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

A Brooke Seawell also recently made the following trade(s):

  • On Friday, September 16th, A Brooke Seawell sold 30,000 shares of Nvidia Corp. stock. The stock was sold at an average price of $62.52, for a total transaction of $1,875,600.00.

Shares of Nvidia Corp. (NASDAQ:NVDA) opened at 91.63 on Thursday. The stock has a market capitalization of $49.30 billion, a PE ratio of 46.82 and a beta of 1.17. The firm has a 50-day moving average of $70.47 and a 200 day moving average of $57.09. Nvidia Corp. has a 1-year low of $24.75 and a 1-year high of $92.56.

Nvidia Corp. (NASDAQ:NVDA) last issued its earnings results on Thursday, November 10th. The computer hardware maker reported $0.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.57 by $0.37. The firm had revenue of $2 billion for the quarter, compared to the consensus estimate of $1.69 billion. Nvidia Corp. had a net margin of 19.52% and a return on equity of 26.82%. The business’s revenue was up 53.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.44 earnings per share. Analysts predict that Nvidia Corp. will post $2.42 EPS for the current year.

Insider Buying and Selling by Quarter for Nvidia Corp. (NASDAQ:NVDA)

The company also recently announced a quarterly dividend, which will be paid on Monday, December 19th. Stockholders of record on Monday, November 28th will be paid a $0.14 dividend. This represents a $0.56 annualized dividend and a dividend yield of 0.61%. The ex-dividend date of this dividend is Wednesday, November 23rd. This is an increase from Nvidia Corp.’s previous quarterly dividend of $0.12. Nvidia Corp.’s dividend payout ratio is currently 24.08%.

Several hedge funds and other institutional investors have recently modified their holdings of NVDA. West Oak Capital LLC boosted its position in Nvidia Corp. by 183.6% in the third quarter. West Oak Capital LLC now owns 1,560 shares of the computer hardware maker’s stock valued at $107,000 after buying an additional 1,010 shares during the last quarter. Cornerstone Advisors Inc. boosted its position in Nvidia Corp. by 52.2% in the third quarter. Cornerstone Advisors Inc. now owns 1,784 shares of the computer hardware maker’s stock valued at $122,000 after buying an additional 612 shares during the last quarter. Stephens Inc. AR boosted its position in Nvidia Corp. by 10.2% in the third quarter. Stephens Inc. AR now owns 1,926 shares of the computer hardware maker’s stock valued at $132,000 after buying an additional 179 shares during the last quarter. Advisors Preferred LLC boosted its position in Nvidia Corp. by 791.9% in the third quarter. Advisors Preferred LLC now owns 2,310 shares of the computer hardware maker’s stock valued at $158,000 after buying an additional 2,051 shares during the last quarter. Finally, Brick & Kyle Associates boosted its position in Nvidia Corp. by 25.1% in the second quarter. Brick & Kyle Associates now owns 2,502 shares of the computer hardware maker’s stock valued at $118,000 after buying an additional 502 shares during the last quarter. Hedge funds and other institutional investors own 86.45% of the company’s stock.

A number of research firms have recently weighed in on NVDA. Vetr upgraded shares of Nvidia Corp. from a “strong sell” rating to a “sell” rating and set a $80.58 price target for the company in a research report on Tuesday. Needham & Company LLC upgraded shares of Nvidia Corp. from a “hold” rating to a “buy” rating and lifted their price target for the company from $87.97 to $100.00 in a research report on Monday. Brean Capital reiterated a “hold” rating on shares of Nvidia Corp. in a research report on Sunday. Wells Fargo & Co. reiterated an “underperform” rating and issued a $59.00 price target (up from $33.00) on shares of Nvidia Corp. in a research report on Sunday. Finally, Stifel Nicolaus reiterated a “hold” rating and issued a $76.00 price target (up from $64.00) on shares of Nvidia Corp. in a research report on Sunday. Two research analysts have rated the stock with a sell rating, thirteen have issued a hold rating, twenty have assigned a buy rating and two have assigned a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $71.58.

About Nvidia Corp.

NVIDIA Corporation (NVIDIA) is engaged in visual computing. The Company operates through segments, including GPU and Tegra Processor. Its GPU businesses include GeForce for personal computer (PC) gaming; Quadro for design professionals working in computer-aided design, video editing, special effects and other creative applications; Tesla for deep learning and accelerated computing, leveraging the parallel computing capabilities of graphics processing units (GPUs) for general purpose computing, and GRID to provide the power of NVIDIA graphics through the cloud and datacenters.

5 Day Chart for NASDAQ:NVDA

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