NVIDIA Corporation (NASDAQ:NVDA) traded down 1.8% during trading on Thursday . The stock traded as low as $191.23 and last traded at $200.04. 14,831,733 shares changed hands during trading, a decline of 15% from the average session volume of 17,523,844 shares. The stock had previously closed at $196.42.

Several equities research analysts have recently commented on the stock. B. Riley reaffirmed a “buy” rating and set a $200.00 price target on shares of NVIDIA in a research report on Sunday, August 13th. ValuEngine lowered shares of NVIDIA from a “buy” rating to a “hold” rating in a research report on Friday. Stifel Nicolaus reissued a “hold” rating and issued a $110.00 target price on shares of NVIDIA in a report on Friday, August 11th. Instinet reissued a “reduce” rating and issued a $110.00 target price (up from $90.00) on shares of NVIDIA in a report on Monday, August 14th. Finally, Vetr lowered shares of NVIDIA from a “strong-buy” rating to a “hold” rating and set a $173.32 target price for the company. in a report on Tuesday, August 15th. Four research analysts have rated the stock with a sell rating, fifteen have issued a hold rating, twenty-four have issued a buy rating and one has issued a strong buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $187.38.

The company has a debt-to-equity ratio of 0.31, a current ratio of 8.26 and a quick ratio of 7.42. The stock has a market cap of $121,630.27, a P/E ratio of 49.44, a price-to-earnings-growth ratio of 4.34 and a beta of 1.18.

NVIDIA (NASDAQ:NVDA) last posted its quarterly earnings results on Thursday, November 9th. The computer hardware maker reported $1.33 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.94 by $0.39. NVIDIA had a return on equity of 42.71% and a net margin of 28.78%. The business had revenue of $2.64 billion during the quarter, compared to the consensus estimate of $2.36 billion. During the same period in the prior year, the company posted $0.94 EPS. The firm’s revenue for the quarter was up 31.5% compared to the same quarter last year. sell-side analysts predict that NVIDIA Corporation will post 4.13 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, November 24th will be given a dividend of $0.15 per share. This is an increase from NVIDIA’s previous quarterly dividend of $0.14. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.30%. The ex-dividend date is Wednesday, November 22nd. NVIDIA’s dividend payout ratio is currently 14.89%.

In other news, Director Dawn E. Hudson sold 3,052 shares of the stock in a transaction that occurred on Wednesday, November 22nd. The stock was sold at an average price of $214.39, for a total transaction of $654,318.28. Following the completion of the transaction, the director now directly owns 28,816 shares in the company, valued at approximately $6,177,862.24. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director A Brooke Seawell sold 1,029 shares of the stock in a transaction that occurred on Monday, November 20th. The shares were sold at an average price of $214.10, for a total value of $220,308.90. Following the transaction, the director now owns 1,029 shares of the company’s stock, valued at $220,308.90. The disclosure for this sale can be found here. Insiders have sold a total of 425,175 shares of company stock valued at $77,696,879 over the last quarter. Corporate insiders own 5.82% of the company’s stock.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Thompson Davis & CO. Inc. boosted its position in shares of NVIDIA by 0.7% during the 2nd quarter. Thompson Davis & CO. Inc. now owns 822 shares of the computer hardware maker’s stock valued at $119,000 after acquiring an additional 6 shares during the last quarter. Family Firm Inc. lifted its position in NVIDIA by 0.7% in the second quarter. Family Firm Inc. now owns 1,968 shares of the computer hardware maker’s stock worth $284,000 after buying an additional 13 shares during the last quarter. Carnegie Capital Asset Management LLC lifted its position in NVIDIA by 0.4% in the second quarter. Carnegie Capital Asset Management LLC now owns 7,371 shares of the computer hardware maker’s stock worth $1,212,000 after buying an additional 30 shares during the last quarter. Pinebridge Investments L.P. lifted its position in NVIDIA by 1.8% in the second quarter. Pinebridge Investments L.P. now owns 1,872 shares of the computer hardware maker’s stock worth $271,000 after buying an additional 33 shares during the last quarter. Finally, BRYN MAWR TRUST Co lifted its position in NVIDIA by 1.0% in the second quarter. BRYN MAWR TRUST Co now owns 5,050 shares of the computer hardware maker’s stock worth $731,000 after buying an additional 50 shares during the last quarter. Hedge funds and other institutional investors own 64.14% of the company’s stock.

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About NVIDIA

Nvidia Corporation focuses on personal computer (PC) graphics, graphics processing unit (GPU) and also on artificial intelligence (AI). The Company’s operates through two segments: GPU and Tegra Processor. The Company’s GPU product brands are aimed at specialized markets, including GeForce for gamers; Quadro for designers; Tesla and DGX for AI data scientists and big data researchers; and GRID for cloud-based visual computing users.

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