NVIDIA (NASDAQ:NVDA) Stock Price Up 2% – Here’s What Happened

NVIDIA Corporation (NASDAQ:NVDA)’s stock price rose 2% on Monday . The company traded as high as $222.30 and last traded at $219.44. Approximately 156,977,972 shares were traded during mid-day trading, a decline of 8% from the average daily volume of 170,914,641 shares. The stock had previously closed at $215.20.

Key Stories Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA’s partnership with IREN to accelerate deployment of up to 5 gigawatts of AI infrastructure was cited as evidence that NVIDIA is deepening its role beyond chips and into the broader AI platform. Why NVIDIA (NVDA) Is Turning Its AI Hardware Lead Into an Infrastructure Moat
• Positive Sentiment: Investors are still betting on NVIDIA’s earnings power and AI demand ahead of the company’s upcoming report, with several pieces describing the stock as positioned to benefit from the shift from AI training to inference. 5 Stocks Positioned to Benefit From the AI Inference Boom
• Positive Sentiment: Analyst commentary remained constructive, including a reiterated “Buy” call and articles arguing NVIDIA’s valuation is still supported by massive capex spending from hyperscale customers. NVIDIA’s (NVDA) “Buy” Rating Reiterated at The Goldman Sachs Group
• Neutral Sentiment: Short interest data showed no meaningful change in the reported share count, so this did not appear to be a major fundamental driver for the stock.
• Neutral Sentiment: Some commentary suggested the stock may be pausing after a strong run and facing rising competition from custom AI chips at major cloud customers. Nvidia Stock: Reasons For Short-Term Caution Into Earnings
• Negative Sentiment: Several articles noted Alphabet is closing in on NVIDIA in market value, and some market chatter suggested profit-taking could emerge after the stock’s big rally. Alphabet Is on the Brink of Beating NVIDIA in Market Value: ETFs to Buy

Analyst Ratings Changes

NVDA has been the topic of a number of recent research reports. JPMorgan Chase & Co. upped their target price on shares of NVIDIA from $250.00 to $265.00 and gave the stock an “overweight” rating in a research report on Thursday, February 26th. Needham & Company LLC reaffirmed a “buy” rating and issued a $240.00 target price on shares of NVIDIA in a research report on Wednesday, March 18th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $275.00 target price (up from $250.00) on shares of NVIDIA in a research report on Friday, January 16th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of NVIDIA in a research report on Friday, April 10th. Finally, Wolfe Research upped their target price on shares of NVIDIA from $250.00 to $275.00 and gave the stock an “outperform” rating in a research report on Friday, January 30th. Four investment analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $275.25.

NVIDIA Stock Up 2.0%

The company’s 50-day moving average is $187.59 and its 200 day moving average is $186.68. The company has a market capitalization of $5.33 trillion, a PE ratio of 44.78, a P/E/G ratio of 0.71 and a beta of 2.25. The company has a debt-to-equity ratio of 0.05, a quick ratio of 3.24 and a current ratio of 3.91.

NVIDIA (NASDAQ:NVDA) last announced its quarterly earnings data on Wednesday, February 25th. The computer hardware maker reported $1.62 EPS for the quarter, beating the consensus estimate of $1.54 by $0.08. NVIDIA had a net margin of 55.60% and a return on equity of 97.37%. The company had revenue of $68.13 billion for the quarter, compared to the consensus estimate of $65.56 billion. During the same period in the prior year, the firm posted $0.89 EPS. NVIDIA’s revenue for the quarter was up 73.2% on a year-over-year basis. As a group, analysts anticipate that NVIDIA Corporation will post 7.78 EPS for the current year.

NVIDIA Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 1st. Investors of record on Wednesday, March 11th were given a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a yield of 0.0%. The ex-dividend date of this dividend was Wednesday, March 11th. NVIDIA’s dividend payout ratio is 0.82%.

Insider Activity at NVIDIA

In related news, Director Mark A. Stevens sold 221,682 shares of the stock in a transaction dated Friday, March 20th. The shares were sold at an average price of $173.68, for a total transaction of $38,501,729.76. Following the sale, the director directly owned 7,399,771 shares of the company’s stock, valued at approximately $1,285,192,227.28. This represents a 2.91% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Aarti S. Shah sold 19,000 shares of the stock in a transaction dated Thursday, March 19th. The shares were sold at an average price of $176.71, for a total transaction of $3,357,490.00. Following the sale, the director directly owned 36,007 shares in the company, valued at $6,362,796.97. This trade represents a 34.54% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 906,336 shares of company stock worth $162,802,518 in the last ninety days. 4.17% of the stock is currently owned by company insiders.

Institutional Trading of NVIDIA

Institutional investors have recently made changes to their positions in the stock. PMG Family Office LLC bought a new stake in NVIDIA in the third quarter worth $2,150,000. Oak Ridge Investments LLC increased its position in NVIDIA by 2.2% in the third quarter. Oak Ridge Investments LLC now owns 970,860 shares of the computer hardware maker’s stock worth $181,143,000 after purchasing an additional 20,559 shares during the last quarter. Weaver Capital Management LLC increased its position in NVIDIA by 5.5% in the fourth quarter. Weaver Capital Management LLC now owns 85,216 shares of the computer hardware maker’s stock worth $15,893,000 after purchasing an additional 4,439 shares during the last quarter. Circle Wealth Management LLC increased its position in NVIDIA by 16.1% in the third quarter. Circle Wealth Management LLC now owns 107,787 shares of the computer hardware maker’s stock worth $20,111,000 after purchasing an additional 14,936 shares during the last quarter. Finally, Sunburst Financial Group LLC increased its position in NVIDIA by 11.3% in the fourth quarter. Sunburst Financial Group LLC now owns 42,515 shares of the computer hardware maker’s stock worth $7,929,000 after purchasing an additional 4,300 shares during the last quarter. Hedge funds and other institutional investors own 65.27% of the company’s stock.

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.