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NVIDIA (NASDAQ:NVDA) EVP Debora Shoquist sold 2,021 shares of the stock on the open market in a transaction dated Friday, June 20th. The stock was sold at an average price of $19.17, for a total transaction of $38,742.57. Following the transaction, the executive vice president now directly owns 186,480 shares in the company, valued at approximately $3,574,822. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

A number of analysts have recently weighed in on NVDA shares. Analysts at Pacific Crest downgraded shares of NVIDIA from a “sector perform” rating to an “underperform” rating in a research note on Monday. Separately, analysts at Bank of America downgraded shares of NVIDIA from a “neutral” rating to an “underperform” rating in a research note on Thursday, June 19th. They now have a $19.00 price target on the stock, down previously from $19.12. They noted that the move was a valuation call. Finally, analysts at Canaccord Genuity initiated coverage on shares of NVIDIA in a research note on Tuesday, June 10th. They set a “hold” rating and a $19.00 price target on the stock. Five analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and six have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $18.98.

NVIDIA (NASDAQ:NVDA) opened at 18.42 on Wednesday. NVIDIA has a 52 week low of $13.11 and a 52 week high of $19.73. The stock has a 50-day moving average of $18.76 and a 200-day moving average of $17.60. The company has a market cap of $10.278 billion and a P/E ratio of 21.96. NVIDIA also was the recipient of some unusual options trading on Monday. Investors purchased 15,664 call options on the stock. This is an increase of 141% compared to the average daily volume of 6,487 call options.

NVIDIA (NASDAQ:NVDA) last announced its earnings results on Tuesday, May 6th. The company reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.17 by $0.12. The company had revenue of $1.10 million for the quarter, compared to the consensus estimate of $1.06 million. During the same quarter in the previous year, the company posted $0.13 earnings per share. The company’s revenue for the quarter was up 15.5% on a year-over-year basis. Analysts expect that NVIDIA will post $0.93 EPS for the current fiscal year.

NVIDIA Corporation (NASDAQ:NVDA) is engaged in creating the graphics chips used in personal computers (PCs).

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