NVIDIA Co. (NVDA) Director Mark L. Perry Sells 17,307 Shares

NVIDIA Co. (NASDAQ:NVDA) Director Mark L. Perry sold 17,307 shares of the business’s stock in a transaction that occurred on Monday, February 12th. The shares were sold at an average price of $227.93, for a total value of $3,944,784.51. Following the completion of the sale, the director now owns 30,762 shares in the company, valued at approximately $7,011,582.66. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

NVIDIA Co. (NASDAQ:NVDA) traded up $4.60 during mid-day trading on Tuesday, hitting $232.63. The company had a trading volume of 15,614,759 shares, compared to its average volume of 16,640,000. The company has a debt-to-equity ratio of 0.27, a current ratio of 8.03 and a quick ratio of 7.34. The firm has a market cap of $140,970.00, a price-to-earnings ratio of 48.16, a PEG ratio of 4.83 and a beta of 1.43. NVIDIA Co. has a 1-year low of $95.17 and a 1-year high of $249.27.

NVIDIA (NASDAQ:NVDA) last posted its earnings results on Thursday, February 8th. The computer hardware maker reported $1.72 earnings per share for the quarter, topping analysts’ consensus estimates of $1.16 by $0.56. The business had revenue of $2.91 billion for the quarter, compared to analyst estimates of $2.67 billion. NVIDIA had a return on equity of 45.02% and a net margin of 31.36%. The firm’s revenue was up 34.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.13 EPS. research analysts predict that NVIDIA Co. will post 4.68 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 16th. Investors of record on Friday, February 23rd will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.26%. The ex-dividend date of this dividend is Thursday, February 22nd. NVIDIA’s payout ratio is presently 12.42%.

Several hedge funds have recently bought and sold shares of the stock. Welch Investments LLC acquired a new position in NVIDIA in the 3rd quarter valued at $104,000. Country Trust Bank grew its holdings in NVIDIA by 490.0% in the 4th quarter. Country Trust Bank now owns 590 shares of the computer hardware maker’s stock valued at $114,000 after buying an additional 490 shares in the last quarter. Global Trust Asset Management LLC acquired a new position in NVIDIA in the 4th quarter valued at $116,000. North Star Investment Management Corp. grew its holdings in NVIDIA by 67.3% in the 4th quarter. North Star Investment Management Corp. now owns 634 shares of the computer hardware maker’s stock valued at $123,000 after buying an additional 255 shares in the last quarter. Finally, Crewe Advisors LLC acquired a new position in NVIDIA in the 4th quarter valued at $148,000. 62.70% of the stock is currently owned by institutional investors and hedge funds.

Several equities research analysts have commented on the company. Goldman Sachs Group cut NVIDIA from a “conviction-buy” rating to a “buy” rating and set a $281.00 target price on the stock. in a research note on Thursday, February 1st. Vetr cut NVIDIA from a “hold” rating to a “sell” rating and set a $234.76 target price on the stock. in a research note on Monday, January 29th. Zacks Investment Research upgraded NVIDIA from a “hold” rating to a “buy” rating and set a $262.00 target price on the stock in a research note on Wednesday, January 24th. Nomura boosted their target price on NVIDIA to $225.00 and gave the company a “neutral” rating in a research note on Friday. Finally, SunTrust Banks restated a “buy” rating and issued a $305.00 target price (up previously from $253.00) on shares of NVIDIA in a research note on Friday. Four investment analysts have rated the stock with a sell rating, thirteen have given a hold rating, twenty-four have given a buy rating and one has issued a strong buy rating to the company. The stock has an average rating of “Buy” and an average target price of $210.67.

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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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