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

NVIDIA Corporation (NASDAQ:NVDA) Director Mark Stevens sold 500,000 shares of the stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $222.38, for a total transaction 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 filing with the SEC, which is available at the SEC website.

NVIDIA Price Performance

Shares of NVIDIA stock traded up $3.91 on Thursday, reaching $218.66. The stock had a trading volume of 168,178,411 shares, compared to its average volume of 166,808,864. NVIDIA Corporation has a 1 year low of $138.83 and a 1 year high of $236.54. The company has a market cap of $5.29 trillion, a P/E ratio of 33.49, a price-to-earnings-growth ratio of 0.52 and a beta of 2.22. The company has a current ratio of 3.44, a quick ratio of 2.85 and a debt-to-equity ratio of 0.04. The business’s 50 day moving average is $201.97 and its two-hundred day moving average is $190.25.

NVIDIA (NASDAQ:NVDA) last announced its earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share for the quarter, beating analysts’ consensus estimates of $1.76 by $0.11. The business had revenue of $81.62 billion for the quarter, compared to the consensus estimate of $78.42 billion. NVIDIA had a net margin of 62.97% and a return on equity of 96.94%. NVIDIA’s quarterly revenue was up 85.2% on a year-over-year basis. During the same period last year, the firm posted $0.81 earnings per share. As a group, research analysts anticipate that NVIDIA Corporation will post 8.04 EPS for the current year.

NVIDIA Increases Dividend

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

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

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on NVDA. Robert W. Baird set a $500.00 target price on shares of NVIDIA and gave the company an “outperform” rating in a research note on Thursday, May 21st. Raymond James Financial reaffirmed a “strong-buy” rating and issued a $330.00 target price on shares of NVIDIA in a research note on Thursday, May 21st. Argus lifted their price target on shares of NVIDIA from $220.00 to $270.00 and gave the stock a “buy” rating in a research note on Thursday, May 21st. Zacks Research downgraded shares of NVIDIA from a “strong-buy” rating to a “hold” rating in a research note on Thursday, May 21st. Finally, President Capital lifted their price target on shares of NVIDIA from $280.00 to $295.00 and gave the stock a “buy” rating in a research note on Thursday, May 21st. Three investment analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $305.38.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Wealthquest Corp grew its holdings in shares of NVIDIA by 15.6% in the first quarter. Wealthquest Corp now owns 27,339 shares of the computer hardware maker’s stock worth $4,768,000 after purchasing an additional 3,698 shares during the last quarter. Stillwater Private Wealth LLC bought a new position in shares of NVIDIA in the first quarter worth approximately $321,000. NewEdge Advisors LLC grew its holdings in shares of NVIDIA by 3.1% in the first quarter. NewEdge Advisors LLC now owns 3,427,577 shares of the computer hardware maker’s stock worth $592,253,000 after purchasing an additional 103,145 shares during the last quarter. Blue Edge Capital LLC grew its holdings in shares of NVIDIA by 22.2% in the first quarter. Blue Edge Capital LLC now owns 6,422 shares of the computer hardware maker’s stock worth $1,120,000 after purchasing an additional 1,166 shares during the last quarter. Finally, First Nebraska Trust Co bought a new stake in NVIDIA in the first quarter valued at $4,418,000. Institutional investors own 65.27% of the company’s stock.

Key Headlines Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Several articles highlighted fresh AI infrastructure wins tied to NVIDIA, including South Korea’s LG Group reportedly planning to adopt 10,000 NVIDIA GPUs, plus new partnerships with companies such as Corning, EXL, Lightmatter, Ayar Labs, and Netris that deepen NVIDIA’s ecosystem around AI data centers and networking.
• Positive Sentiment: Analysts and commentators remained bullish on NVIDIA’s long-term setup, pointing to Blackwell, AI inference, CUDA, and the company’s expanding push into AI PCs and enterprise AI as reasons the growth story still looks intact.
• Positive Sentiment: Jensen Huang’s comments at Computex and in media interviews reinforced confidence that AI infrastructure spending is still accelerating, with NVIDIA positioned at the center of that spending cycle.
• Neutral Sentiment: NVIDIA also made headlines for product and strategic moves, including the DSX platform for AI factory design, a reported $400 million acquisition of AI software startup Kumo, and a new AI chip for PCs, all of which expand the company’s addressable market but do not immediately change near-term financial results.
• Neutral Sentiment: Broad market sentiment has been mixed: semiconductor stocks sold off after Broadcom’s earnings and some investors rotated within AI hardware, which helps explain why NVIDIA has shown relative resilience rather than an outright surge.
• Negative Sentiment: Regulatory and political scrutiny remains a risk, as Senator Elizabeth Warren invited Jensen Huang to testify at a Senate hearing on China AI chip sales and U.S. export controls, keeping pressure on NVIDIA’s China exposure.

NVIDIA Company Profile

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.