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

NVIDIA Corporation (NASDAQ:NVDA) CEO Jen Hsun Huang sold 75,000 shares of the business’s stock in a transaction on Friday, October 17th. The stock was sold at an average price of $182.31, for a total value of $13,673,250.00. Following the completion of the sale, the chief executive officer directly owned 70,183,203 shares in the company, valued at $12,795,099,738.93. This represents a 0.11% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link.

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

• On Monday, October 20th, Jen Hsun Huang sold 75,000 shares of NVIDIA stock. The stock was sold at an average price of $183.38, for a total value of $13,753,500.00.
• On Wednesday, October 15th, Jen Hsun Huang sold 75,000 shares of NVIDIA stock. The stock was sold at an average price of $181.01, for a total value of $13,575,750.00.
• On Monday, October 13th, Jen Hsun Huang sold 75,000 shares of NVIDIA stock. The stock was sold at an average price of $188.25, for a total value of $14,118,750.00.
• 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 Wednesday, October 8th, Jen Hsun Huang sold 75,000 shares of NVIDIA stock. The stock was sold at an average price of $188.39, for a total value of $14,129,250.00.
• 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.

NVIDIA Stock Down 0.8%

Shares of NVIDIA stock opened at $181.16 on Wednesday. The stock’s fifty day moving average is $179.37 and its 200-day moving average is $154.43. The firm has a market capitalization of $4.40 trillion, a PE ratio of 51.61, a price-to-earnings-growth ratio of 1.32 and a beta of 2.12. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08. NVIDIA Corporation has a 12-month low of $86.62 and a 12-month high of $195.62.

NVIDIA (NASDAQ:NVDA) last announced its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.01 by $0.04. The company had revenue of $46.74 billion for the quarter, compared to analyst estimates of $45.65 billion. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.NVIDIA’s revenue for the quarter was up 55.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. Equities analysts anticipate that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th were given a dividend of $0.01 per share. The ex-dividend date of this dividend was Thursday, September 11th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.0%. NVIDIA’s payout ratio is 1.14%.

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. Oppenheimer reissued an “outperform” rating and set a $225.00 price target (up from $200.00) on shares of NVIDIA in a research report on Thursday, August 28th. Cantor Fitzgerald set a $300.00 price target on NVIDIA and gave the company an “overweight” rating in a research report on Thursday, October 9th. BNP Paribas raised NVIDIA to a “hold” rating in a research report on Friday, August 1st. Morgan Stanley upped their price target on NVIDIA from $206.00 to $210.00 and gave the company an “overweight” rating in a research report on Thursday, August 28th. Finally, Needham & Company LLC reissued a “buy” rating and set a $200.00 price target on shares of NVIDIA in a research report on Thursday, August 28th. Five research analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, NVIDIA has a consensus rating of “Buy” and an average price target of $222.23.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of NVDA. Astoria Portfolio Advisors LLC. boosted its stake in shares of NVIDIA by 0.9% during the 1st quarter. Astoria Portfolio Advisors LLC. now owns 93,568 shares of the computer hardware maker’s stock worth $9,610,000 after acquiring an additional 864 shares in the last quarter. Centerpoint Advisory Group boosted its stake in shares of NVIDIA by 2.5% during the 1st quarter. Centerpoint Advisory Group now owns 39,398 shares of the computer hardware maker’s stock worth $4,270,000 after acquiring an additional 943 shares in the last quarter. GSB Wealth Management LLC boosted its stake in shares of NVIDIA by 3.3% during the 1st quarter. GSB Wealth Management LLC now owns 32,611 shares of the computer hardware maker’s stock worth $3,534,000 after acquiring an additional 1,043 shares in the last quarter. Variant Private Wealth LLC boosted its stake in shares of NVIDIA by 20.6% during the 1st quarter. Variant Private Wealth LLC now owns 18,800 shares of the computer hardware maker’s stock worth $2,038,000 after acquiring an additional 3,206 shares in the last quarter. Finally, Financial Perspectives Inc boosted its stake in shares of NVIDIA by 2.8% during the 1st quarter. Financial Perspectives Inc now owns 45,958 shares of the computer hardware maker’s stock worth $4,981,000 after acquiring an additional 1,265 shares in the last quarter. Hedge funds and other institutional investors own 65.27% of the company’s stock.

About NVIDIA

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.