NVIDIA Corporation (NASDAQ:NVDA) CFO Colette Kress sold 171 shares of NVIDIA stock in a transaction on Thursday, December 14th. The stock was sold at an average price of $185.57, for a total transaction of $31,732.47. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

Colette Kress also recently made the following trade(s):

  • On Monday, October 9th, Colette Kress sold 22,808 shares of NVIDIA stock. The stock was sold at an average price of $185.31, for a total transaction of $4,226,550.48.

NVIDIA Corporation (NASDAQ:NVDA) traded up $5.09 during trading on Friday, reaching $191.56. 16,090,200 shares of the company traded hands, compared to its average volume of 14,720,000. NVIDIA Corporation has a 1-year low of $95.17 and a 1-year high of $218.67. The stock has a market capitalization of $116,090.00, a PE ratio of 45.86, a PEG ratio of 4.34 and a beta of 1.18. The company has a current ratio of 8.26, a quick ratio of 7.42 and a debt-to-equity ratio of 0.31.

NVIDIA (NASDAQ:NVDA) last released its quarterly earnings results on Thursday, November 9th. The computer hardware maker reported $1.33 earnings per share for the quarter, topping the consensus estimate of $0.94 by $0.39. NVIDIA had a net margin of 28.78% and a return on equity of 42.71%. The business had revenue of $2.64 billion for the quarter, compared to analysts’ expectations of $2.36 billion. During the same period in the previous year, the company earned $0.94 earnings per share. The firm’s revenue for the quarter was up 31.5% compared to the same quarter last year. equities analysts predict that NVIDIA Corporation will post 4.19 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Friday, November 24th will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Wednesday, November 22nd. This is a boost from NVIDIA’s previous quarterly dividend of $0.14. This represents a $0.60 annualized dividend and a yield of 0.31%. NVIDIA’s payout ratio is 15.00%.

A number of equities research analysts have commented on NVDA shares. BidaskClub cut shares of NVIDIA from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 19th. Loop Capital restated a “buy” rating and issued a $181.00 price target on shares of NVIDIA in a report on Tuesday, August 22nd. Vetr cut shares of NVIDIA from a “buy” rating to a “hold” rating and set a $171.46 price target for the company. in a report on Thursday, August 24th. Tigress Financial restated a “buy” rating on shares of NVIDIA in a report on Thursday, August 24th. Finally, Royal Bank of Canada restated an “outperform” rating on shares of NVIDIA in a report on Thursday, August 24th. Four analysts have rated the stock with a sell rating, fifteen have issued a hold rating, twenty-four have issued a buy rating and one has given a strong buy rating to the company’s stock. NVIDIA presently has an average rating of “Buy” and a consensus price target of $187.38.

A number of institutional investors have recently added to or reduced their stakes in NVDA. Welch Investments LLC purchased a new position in NVIDIA during the third quarter worth about $104,000. Evercore Wealth Management LLC raised its position in NVIDIA by 36.9% in the second quarter. Evercore Wealth Management LLC now owns 765 shares of the computer hardware maker’s stock worth $110,000 after acquiring an additional 206 shares during the period. Thompson Davis & CO. Inc. raised its position in NVIDIA by 0.7% in the second quarter. Thompson Davis & CO. Inc. now owns 822 shares of the computer hardware maker’s stock worth $119,000 after acquiring an additional 6 shares during the period. Hanson McClain Inc. raised its position in NVIDIA by 12.7% in the second quarter. Hanson McClain Inc. now owns 881 shares of the computer hardware maker’s stock worth $127,000 after acquiring an additional 99 shares during the period. Finally, Edge Advisors LLC raised its position in NVIDIA by 98.8% in the third quarter. Edge Advisors LLC now owns 835 shares of the computer hardware maker’s stock worth $149,000 after acquiring an additional 415 shares during the period. Institutional investors and hedge funds own 63.51% of the company’s stock.

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NVIDIA Company Profile

Nvidia Corporation focuses on personal computer (PC) graphics, graphics processing unit (GPU) and also on artificial intelligence (AI). The Company’s operates through two segments: GPU and Tegra Processor. The Company’s GPU product brands are aimed at specialized markets, including GeForce for gamers; Quadro for designers; Tesla and DGX for AI data scientists and big data researchers; and GRID for cloud-based visual computing users.

Insider Buying and Selling by Quarter for NVIDIA (NASDAQ:NVDA)

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