NVIDIA Corporation (NASDAQ:NVDA) CFO Colette Kress sold 171 shares of the firm’s stock in a transaction on Thursday, December 14th. The shares were sold at an average price of $185.57, for a total transaction of $31,732.47. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Colette Kress also recently made the following trade(s):

  • On Monday, October 9th, Colette Kress sold 22,808 shares of NVIDIA stock. The shares were sold at an average price of $185.31, for a total transaction of $4,226,550.48.

Shares of NVIDIA Corporation (NASDAQ NVDA) traded up $5.09 on Friday, hitting $191.56. The company had a trading volume of 16,090,200 shares, compared to its average volume of 14,168,914. The company has a debt-to-equity ratio of 0.31, a current ratio of 8.26 and a quick ratio of 7.42. NVIDIA Corporation has a 52-week low of $95.17 and a 52-week high of $218.67. The stock has a market capitalization of $116,085.36, a PE ratio of 47.18, a price-to-earnings-growth ratio of 4.46 and a beta of 1.18.

NVIDIA (NASDAQ:NVDA) last issued its quarterly earnings results on Thursday, November 9th. The computer hardware maker reported $1.33 EPS 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 firm had revenue of $2.64 billion during the quarter, compared to analysts’ expectations of $2.36 billion. During the same period in the previous year, the business earned $0.94 earnings per share. The firm’s revenue for the quarter was up 31.5% on a year-over-year basis. sell-side analysts predict that NVIDIA Corporation will post 4.19 EPS for the current year.

The business also recently announced a quarterly dividend, which was paid on Friday, December 15th. Shareholders of record on Friday, November 24th were issued a $0.15 dividend. This is a boost from NVIDIA’s previous quarterly dividend of $0.14. This represents a $0.60 annualized dividend and a yield of 0.31%. The ex-dividend date of this dividend was Wednesday, November 22nd. NVIDIA’s dividend payout ratio is presently 14.89%.

Large investors have recently modified their holdings of the business. Welch Investments LLC purchased a new stake in NVIDIA in the 3rd quarter valued at $104,000. Evercore Wealth Management LLC lifted its stake in shares of NVIDIA by 36.9% in the 2nd quarter. Evercore Wealth Management LLC now owns 765 shares of the computer hardware maker’s stock valued at $110,000 after purchasing an additional 206 shares during the last quarter. Thompson Davis & CO. Inc. lifted its stake in shares of NVIDIA by 0.7% in the 2nd quarter. Thompson Davis & CO. Inc. now owns 822 shares of the computer hardware maker’s stock valued at $119,000 after purchasing an additional 6 shares during the last quarter. Hanson McClain Inc. lifted its stake in shares of NVIDIA by 12.7% in the 2nd quarter. Hanson McClain Inc. now owns 881 shares of the computer hardware maker’s stock valued at $127,000 after purchasing an additional 99 shares during the last quarter. Finally, Edge Advisors LLC lifted its stake in shares of NVIDIA by 98.8% in the 3rd quarter. Edge Advisors LLC now owns 835 shares of the computer hardware maker’s stock valued at $149,000 after purchasing an additional 415 shares during the last quarter. Institutional investors own 63.51% of the company’s stock.

A number of research firms recently weighed in on NVDA. ValuEngine lowered shares of NVIDIA from a “buy” rating to a “hold” rating in a report on Friday, December 1st. Vetr raised shares of NVIDIA from a “hold” rating to a “buy” rating and set a $218.56 target price for the company in a report on Wednesday, November 29th. Mizuho restated a “buy” rating and issued a $225.00 price target on shares of NVIDIA in a research report on Tuesday, November 28th. Royal Bank of Canada restated a “buy” rating on shares of NVIDIA in a research report on Friday, November 24th. Finally, Canaccord Genuity raised their price target on NVIDIA from $225.00 to $250.00 and gave the stock a “buy” rating in a research report on Friday, November 17th. Four equities research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating, twenty-four have given a buy rating and one has issued a strong buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $187.38.

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NVIDIA Company Profile

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.

Insider Buying and Selling by Quarter for NVIDIA (NASDAQ:NVDA)

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