Mark Stevens Sells 622,239 Shares of NVIDIA (NASDAQ:NVDA) Stock

NVIDIA Corporation (NASDAQ:NVDA) Director Mark Stevens sold 622,239 shares of the firm’s stock in a transaction that occurred on Friday, September 4th. The shares were sold at an average price of $231.62, for a total value of $144,122,997.18. Following the completion of the sale, the director owned 2,336,531 shares in the company, valued at approximately $541,187,310.22. This represents a 21.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

NVIDIA Trading Down 0.9%

Shares of NVDA stock opened at $223.67 on Thursday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 3.85 and a current ratio of 4.59. NVIDIA Corporation has a 1 year low of $164.27 and a 1 year high of $236.54. The stock has a fifty day moving average of $212.35 and a two-hundred day moving average of $203.02. The firm has a market capitalization of $5.39 trillion, a PE ratio of 28.28, a price-to-earnings-growth ratio of 1.77 and a beta of 2.22.

NVIDIA (NASDAQ:NVDA) last released its quarterly 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. The company had revenue of $96.22 billion during the quarter, compared to analysts’ expectations of $92.27 billion. NVIDIA had a return on equity of 96.04% and a net margin of 63.66%.The company’s revenue for the quarter was up 105.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.05 earnings per share. As a group, research analysts expect that NVIDIA Corporation will post 9.1 EPS for the current year.

NVIDIA announced that its Board of Directors has approved a stock buyback program 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 buy up to 1.5% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s board of directors believes its shares are undervalued.

NVIDIA Announces Dividend

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. State Street Corp boosted its position in shares of NVIDIA by 1.2% in the fourth quarter. State Street Corp now owns 991,480,489 shares of the computer hardware maker’s stock worth $184,911,111,000 after buying an additional 11,451,386 shares during the period. Geode Capital Management LLC raised its position in NVIDIA by 0.6% during the fourth quarter. Geode Capital Management LLC now owns 588,803,093 shares of the computer hardware maker’s stock valued at $109,446,217,000 after buying an additional 3,383,441 shares during the period. Norges Bank purchased a new stake in NVIDIA in the 4th quarter worth about $62,244,133,000. Bank of America Corp DE lifted its stake in NVIDIA by 2.2% in the 2nd quarter. Bank of America Corp DE now owns 195,366,864 shares of the computer hardware maker’s stock worth $39,090,956,000 after acquiring an additional 4,165,875 shares in the last quarter. Finally, Legal & General Group Plc boosted its position in NVIDIA by 1.5% during the 3rd quarter. Legal & General Group Plc now owns 181,203,035 shares of the computer hardware maker’s stock worth $33,808,862,000 after acquiring an additional 2,609,560 shares during the period. 65.27% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on NVDA. TD Cowen reiterated a “buy” rating on shares of NVIDIA in a research report on Tuesday, August 18th. Citigroup restated a “buy” rating and issued a $315.00 price objective (up from $300.00) on shares of NVIDIA in a report on Thursday, August 27th. KeyCorp reaffirmed an “overweight” rating and set a $330.00 target price on shares of NVIDIA in a research note on Monday, August 24th. CICC Research lifted their target price on NVIDIA from $240.60 to $268.30 and gave the stock an “outperform” rating in a report on Friday, May 22nd. Finally, Tigress Financial reiterated a “strong-buy” rating and issued a $425.00 price target (up from $360.00) on shares of NVIDIA in a research report on Wednesday, May 27th. Two equities research analysts have rated the stock with a Strong Buy rating, fifty have issued a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $324.34.

NVIDIA News Summary

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA is expanding its AI-infrastructure footprint through a reported $3.1 billion Indonesia deal, potentially strengthening regional data-center capacity and demand for its GPUs and networking products. Nvidia Expands AI Infrastructure Push With Indonesia Deal
• Positive Sentiment: OpenAI’s plan to spend roughly $750 billion on computing infrastructure through 2030 reinforces the scale of the addressable market for NVIDIA accelerators, although OpenAI says it remains short of capacity. OpenAI Compute Spending Plans
• Positive Sentiment: NVIDIA’s latest quarterly results remain a strong fundamental backdrop: revenue reached $96.2 billion, up 105.9% year over year, while earnings exceeded expectations. Analysts continue to cite Blackwell, Vera Rubin, networking and supply-constrained demand as growth drivers. Nvidia Customers Wanted More Than It Could Build
• Positive Sentiment: Michael Burry exited his December 2026-dated NVIDIA put positions while retaining longer-dated puts. Closing near-term bearish bets may modestly ease concerns, though his remaining positions still signal skepticism. Michael Burry Sells December 2026 NVIDIA Puts
• Neutral Sentiment: NVIDIA’s investment in Verily Health and expanded ecosystem relationships, including open-source AI and healthcare initiatives, could broaden future applications but are unlikely to materially affect near-term earnings. Verily Health Investment
• Negative Sentiment: Director Mark Stevens sold 1,022,239 shares for approximately $235.6 million across two transactions, reducing a sizable personal holding. The sales may weigh on sentiment despite not necessarily indicating weaker company fundamentals. NVIDIA Director Insider Selling
• Negative Sentiment: Short seller Jim Chanos questioned the economics of renting NVIDIA GPUs, raising concerns about utilization, customer returns and whether high rental rates can persist as newer chips are introduced. Jim Chanos Challenges NVIDIA GPU Rental Economics
• Negative Sentiment: Qualcomm’s AI infrastructure agreement with Amazon highlights the growing threat from custom and competing accelerators, while investors continue to debate NVIDIA’s multitrillion-dollar valuation and margin outlook. Nvidia and Qualcomm AI Chip Competition

About NVIDIA

NVIDIA Corporation is a technology company that designs accelerated computing platforms, graphics processors and related software. Its products are used for artificial intelligence, machine learning, high-performance computing, computer graphics, data-center applications and other workloads that benefit from parallel processing.

The company’s offerings include GeForce graphics processing units (GPUs) and software for gaming and personal computers; data-center GPUs, systems and networking products; and professional visualization solutions for design, engineering, media and scientific applications.