Key Points
- John Dabiri sold 626 shares of NVIDIA on Nov. 24 at an average price of $179.42 for about $112,317, reducing his direct stake to 17,792 shares (a 3.4% decrease), according to an SEC filing.
- NVIDIA topped expectations with Q3 results of $1.30 EPS (vs. $1.23 est.) and revenue of $57.01 billion (up 62.5% YoY), reporting a net margin of 52.41% and return on equity of 101.74%.
- The company announced a quarterly dividend of $0.01 per share payable Dec. 26 (ex-dividend Dec. 4), and analysts maintain an overall "Buy" consensus with an average price target of $258.19.
NVIDIA Corporation (NASDAQ:NVDA - Get Free Report) Director John Dabiri sold 626 shares of NVIDIA stock in a transaction that occurred on Monday, November 24th. The stock was sold at an average price of $179.42, for a total value of $112,316.92. Following the completion of the sale, the director directly owned 17,792 shares in the company, valued at $3,192,240.64. This represents a 3.40% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
NVIDIA Price Performance
NASDAQ NVDA traded up $2.44 during trading hours on Thursday, hitting $180.26. 183,050,512 shares of the company's stock traded hands, compared to its average volume of 226,625,297. The company has a market capitalization of $4.38 trillion, a PE ratio of 51.36, a PEG ratio of 1.49 and a beta of 2.11. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.21 and a quick ratio of 3.60. NVIDIA Corporation has a 52-week low of $86.62 and a 52-week high of $212.19. The firm's 50-day moving average is $186.82 and its 200-day moving average is $169.74.
NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its earnings results on Wednesday, November 19th. The computer hardware maker reported $1.30 earnings per share for the quarter, topping the consensus estimate of $1.23 by $0.07. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The business had revenue of $57.01 billion for the quarter, compared to analysts' expectations of $54.66 billion. During the same period in the previous year, the firm posted $0.81 EPS. The business's revenue for the quarter was up 62.5% compared to the same quarter last year. NVIDIA has set its Q4 2026 guidance at EPS. Equities analysts forecast that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.
NVIDIA Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, December 26th. Shareholders of record on Thursday, December 4th will be paid a dividend of $0.01 per share. The ex-dividend date of this dividend is Thursday, December 4th. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. NVIDIA's payout ratio is 0.99%.
Wall Street Analysts Forecast Growth
NVDA has been the subject of several analyst reports. Wedbush increased their price target on shares of NVIDIA from $210.00 to $230.00 and gave the company an "outperform" rating in a research note on Thursday, November 20th. Wall Street Zen upgraded shares of NVIDIA from a "hold" rating to a "buy" rating in a research report on Sunday, October 19th. DA Davidson reaffirmed a "buy" rating and set a $250.00 price objective on shares of NVIDIA in a research report on Thursday, November 20th. Citic Securities raised their price target on NVIDIA from $237.00 to $242.00 and gave the stock a "buy" rating in a research report on Thursday, November 20th. Finally, New Street Research reiterated a "buy" rating and issued a $307.00 price objective on shares of NVIDIA in a report on Thursday, October 30th. Five research analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Buy" and an average price target of $258.19.
Read Our Latest Analysis on NVDA
Institutional Trading of NVIDIA
Several hedge funds have recently added to or reduced their stakes in the company. Brighton Jones LLC boosted its holdings in NVIDIA by 12.4% in the fourth quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker's stock valued at $43,631,000 after purchasing an additional 35,815 shares in the last quarter. Bank Pictet & Cie Europe AG grew its position in shares of NVIDIA by 1.0% in the 4th quarter. Bank Pictet & Cie Europe AG now owns 2,346,417 shares of the computer hardware maker's stock valued at $315,100,000 after buying an additional 22,929 shares during the last quarter. Highview Capital Management LLC DE lifted its position in NVIDIA by 6.7% in the fourth quarter. Highview Capital Management LLC DE now owns 58,396 shares of the computer hardware maker's stock valued at $7,842,000 after acquiring an additional 3,653 shares during the last quarter. Hudson Value Partners LLC boosted its stake in NVIDIA by 30.7% in the fourth quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker's stock valued at $6,805,000 after acquiring an additional 11,900 shares in the last quarter. Finally, Wealth Group Ltd. boosted its stake in NVIDIA by 15.7% in the first quarter. Wealth Group Ltd. now owns 6,598 shares of the computer hardware maker's stock valued at $715,000 after acquiring an additional 896 shares in the last quarter. Institutional investors and hedge funds own 65.27% of the company's stock.
About NVIDIA
(
Get Free Report)
NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications.
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