NVIDIA (NASDAQ:NVDA) CEO Jen Hsun Huang Sells 75,000 Shares

NVIDIA Corporation (NASDAQ:NVDA) CEO Jen Hsun Huang sold 75,000 shares of the stock in a transaction that occurred on Wednesday, October 8th. The stock was sold at an average price of $188.39, for a total value of $14,129,250.00. Following the sale, the chief executive officer directly owned 70,708,203 shares of the company’s stock, valued at $13,320,718,363.17. The trade was a 0.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Jen Hsun Huang also recently made the following trade(s):

• On Friday, October 10th, Jen Hsun Huang sold 75,000 shares of NVIDIA stock. The stock was sold at an average price of $190.20, for a total value of $14,265,000.00.
• On Monday, October 6th, Jen Hsun Huang sold 75,000 shares of NVIDIA stock. The stock was sold at an average price of $185.79, for a total value of $13,934,250.00.
• On Friday, October 3rd, Jen Hsun Huang sold 75,000 shares of NVIDIA stock. The stock was sold at an average price of $188.40, for a total value of $14,130,000.00.
• On Wednesday, October 1st, Jen Hsun Huang sold 75,000 shares of NVIDIA stock. The stock was sold at an average price of $186.61, for a total value of $13,995,750.00.
• On Monday, September 29th, Jen Hsun Huang sold 75,000 shares of NVIDIA stock. The stock was sold at an average price of $182.34, for a total value of $13,675,500.00.
• On Friday, September 26th, Jen Hsun Huang sold 75,000 shares of NVIDIA stock. The stock was sold at an average price of $176.96, for a total value of $13,272,000.00.
• On Wednesday, September 24th, Jen Hsun Huang sold 75,000 shares of NVIDIA stock. The shares were sold at an average price of $177.60, for a total value of $13,320,000.00.
• On Monday, September 22nd, Jen Hsun Huang sold 75,000 shares of NVIDIA stock. The shares were sold at an average price of $179.01, for a total value of $13,425,750.00.
• On Friday, September 19th, Jen Hsun Huang sold 75,000 shares of NVIDIA stock. The shares were sold at an average price of $176.42, for a total value of $13,231,500.00.
• On Wednesday, September 17th, Jen Hsun Huang sold 75,000 shares of NVIDIA stock. The shares were sold at an average price of $170.30, for a total value of $12,772,500.00.

NVIDIA Stock Performance

NASDAQ NVDA opened at $183.16 on Friday. NVIDIA Corporation has a 1-year low of $86.62 and a 1-year high of $195.62. The company has a market capitalization of $4.45 trillion, a P/E ratio of 52.18, a PEG ratio of 1.39 and a beta of 2.12. The business has a 50 day moving average price of $179.16 and a 200 day moving average price of $150.49. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.21 and a quick ratio of 3.60.

NVIDIA (NASDAQ:NVDA) last released its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.04. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The firm had revenue of $46.74 billion during the quarter, compared to the consensus estimate of $45.65 billion. During the same period last year, the business posted $0.68 EPS. NVIDIA’s quarterly revenue was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. Sell-side analysts expect that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 2nd. Investors of record on Thursday, September 11th were paid a $0.01 dividend. This represents a $0.04 annualized dividend and a yield of 0.0%. The ex-dividend date of this dividend was Thursday, September 11th. NVIDIA’s dividend payout ratio (DPR) is presently 1.14%.

Institutional Investors Weigh In On NVIDIA

Hedge funds and other institutional investors have recently made changes to their positions in the business. Harbor Asset Planning Inc. purchased a new stake in shares of NVIDIA in the second quarter valued at $28,000. Winnow Wealth LLC acquired a new position in NVIDIA in the second quarter valued at $32,000. Longfellow Investment Management Co. LLC boosted its holdings in NVIDIA by 47.9% in the second quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker’s stock valued at $33,000 after acquiring an additional 67 shares during the last quarter. Spurstone Advisory Services LLC acquired a new position in NVIDIA in the second quarter valued at $40,000. Finally, EDENTREE ASSET MANAGEMENT Ltd acquired a new position in NVIDIA in the second quarter valued at $54,000. Hedge funds and other institutional investors own 65.27% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently weighed in on NVDA shares. Barclays reaffirmed an “overweight” rating and issued a $240.00 price objective (up from $200.00) on shares of NVIDIA in a research note on Monday, September 22nd. Bank of America raised their price target on NVIDIA from $220.00 to $235.00 and gave the stock a “buy” rating in a research report on Thursday, August 28th. TD Cowen raised their price target on NVIDIA from $140.00 to $235.00 and gave the stock a “buy” rating in a research report on Tuesday, August 19th. Rosenblatt Securities reissued a “buy” rating and set a $215.00 price target on shares of NVIDIA in a research report on Tuesday, September 23rd. Finally, Loop Capital raised their price target on NVIDIA from $175.00 to $250.00 and gave the stock a “buy” rating in a research report on Wednesday, June 25th. Four research analysts have rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $212.84.

NVIDIA Company Profile

NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications.