NVIDIA (NASDAQ:NVDA) Director Mark Stevens Sells 500,000 Shares of Stock

NVIDIA Corporation (NASDAQ:NVDA) Director Mark Stevens sold 500,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $222.38, for a total value of $111,190,000.00. Following the completion of the sale, the director directly owned 6,899,771 shares in the company, valued at approximately $1,534,371,074.98. The trade was a 6.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this link.

NVIDIA Stock Up 1.8%

Shares of NVDA opened at $218.66 on Friday. The company has a current ratio of 3.44, a quick ratio of 2.85 and a debt-to-equity ratio of 0.04. NVIDIA Corporation has a 12 month low of $138.83 and a 12 month high of $236.54. The stock’s 50 day moving average is $202.84 and its two-hundred day moving average is $190.45. The firm has a market cap of $5.29 trillion, a P/E ratio of 33.49, a PEG ratio of 0.52 and a beta of 2.22.

NVIDIA (NASDAQ:NVDA) last issued its quarterly earnings data on Wednesday, May 20th. The computer hardware maker reported $1.87 EPS for the quarter, beating the consensus estimate of $1.76 by $0.11. NVIDIA had a return on equity of 96.94% and a net margin of 62.97%.The company had revenue of $81.62 billion for the quarter, compared to analyst estimates of $78.42 billion. During the same period last year, the company earned $0.81 earnings per share. NVIDIA’s quarterly revenue was up 85.2% compared to the same quarter last year. Analysts predict that NVIDIA Corporation will post 8.04 earnings per share for the current fiscal year.

NVIDIA announced that its Board of Directors has approved a stock repurchase plan on Wednesday, May 20th that allows the company to repurchase $80.00 billion in outstanding shares. This repurchase authorization allows the computer hardware maker to repurchase up to 1.5% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s management believes its shares are undervalued.

NVIDIA Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Thursday, June 4th will be issued a $0.25 dividend. The ex-dividend date of this dividend is Thursday, June 4th. This is an increase from NVIDIA’s previous quarterly dividend of $0.01. This represents a $1.00 annualized dividend and a yield of 0.5%. NVIDIA’s dividend payout ratio is 0.61%.

Hedge Funds Weigh In On NVIDIA

A number of institutional investors have recently added to or reduced their stakes in NVDA. Brighton Jones LLC lifted its position in NVIDIA by 12.4% during the fourth quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker’s stock worth $43,631,000 after buying an additional 35,815 shares in the last quarter. Bank Pictet & Cie Europe AG lifted its position in NVIDIA by 1.0% during the fourth quarter. Bank Pictet & Cie Europe AG now owns 2,346,417 shares of the computer hardware maker’s stock worth $315,100,000 after buying an additional 22,929 shares in the last quarter. Highview Capital Management LLC DE lifted its position in NVIDIA by 6.7% during the fourth quarter. Highview Capital Management LLC DE now owns 58,396 shares of the computer hardware maker’s stock worth $7,842,000 after buying an additional 3,653 shares in the last quarter. Hudson Value Partners LLC raised its position in NVIDIA by 30.7% in the fourth quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker’s stock valued at $6,805,000 after purchasing an additional 11,900 shares during the period. Finally, Wealth Group Ltd. raised its position in NVIDIA by 15.7% in the first quarter. Wealth Group Ltd. now owns 6,598 shares of the computer hardware maker’s stock valued at $715,000 after purchasing an additional 896 shares during the period. Hedge funds and other institutional investors own 65.27% of the company’s stock.

Trending Headlines about NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Goldman Sachs continues to highlight NVIDIA as one of its top tech holdings, with an implied upside that suggests Wall Street still sees significant room for appreciation. NVIDIA Corporation (NVDA): Top 10 Goldman Sachs Tech Stocks to Buy Now
• Positive Sentiment: Taiwan Semiconductor said it signed a major AI partnership with NVIDIA, underscoring continued ecosystem expansion around NVIDIA’s AI hardware and infrastructure platform. Taiwan Semiconductor Manufacturing Signs Major AI Deal With Nvidia
• Positive Sentiment: Multiple reports said NVIDIA CEO Jensen Huang’s South Korea trip is drawing attention to new AI opportunities, including robotics and deeper ties with key suppliers and partners, which supports the long-term growth narrative. Nvidia CEO sees robotics as next major sector in South Korea
• Positive Sentiment: Analysts and market commentary continue to frame NVIDIA as the best-positioned AI chip leader, with several notes arguing that its Blackwell ramp, CUDA moat, and AI inference exposure keep the growth story intact. Analyst Picks NVIDIA Over Every Other AI Chip Stock Right Now
• Neutral Sentiment: New coverage on NVIDIA’s PC chip push and Jensen Huang’s Computex comments helped highlight fresh product opportunities, but the market reaction appears mixed as investors weigh a longer-term revenue expansion story against near-term expectations. Nvidia’s PC Chip Reveal Obscures a Bigger Catalyst for the Stock
• Negative Sentiment: Reports that Senator Elizabeth Warren invited Jensen Huang to testify on China chip sales add policy overhang, especially around export controls and NVIDIA’s business in China. Warren invites Nvidia CEO Jensen Huang to Senate hearing on China AI chip sales
• Negative Sentiment: Recent insider selling, including a large share sale by Director Mark A. Stevens, may be weighing on sentiment at the margin even though it does not change NVIDIA’s core fundamentals. NVIDIA insider trading filing

Wall Street Analyst Weigh In

Several research firms have recently weighed in on NVDA. New Street Research decreased their target price on NVIDIA from $343.00 to $340.00 in a research report on Thursday, May 21st. Stifel Nicolaus set a $282.00 target price on NVIDIA and gave the company a “buy” rating in a research report on Thursday, May 21st. HSBC restated a “buy” rating and issued a $325.00 target price (up from $295.00) on shares of NVIDIA in a research report on Tuesday, May 19th. Rosenblatt Securities restated a “buy” rating and issued a $325.00 target price on shares of NVIDIA in a research report on Thursday, May 21st. Finally, Craig Hallum raised their target price on NVIDIA from $245.00 to $275.00 and gave the company a “buy” rating in a research report on Thursday, May 21st. Three equities research analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, NVIDIA currently has an average rating of “Buy” and an average price target of $305.38.

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.