Key Points
- EVP Ajay Puri sold 300,000 NVDA shares on March 10 at an average price of $182.52 for $54,756,000, reducing his ownership by 8.29% though he still holds 3,318,547 shares (about $605.7M).
- NVIDIA beat quarterly expectations with EPS of $1.62 versus $1.54 expected and reported revenue of $68.13 billion, up 73.2% year‑over‑year, alongside a 55.6% net margin and 97.37% ROE.
- The company is making strategic moves to bolster AI/cloud demand, including a $2 billion investment in Nebius and the release of the Nemotron 3 Super model to expand software/IP monetization for its GPUs.
NVIDIA Corporation (NASDAQ:NVDA - Get Free Report) EVP Ajay Puri sold 300,000 shares of the stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $182.52, for a total value of $54,756,000.00. Following the completion of the transaction, the executive vice president owned 3,318,547 shares of the company's stock, valued at $605,701,198.44. This represents a 8.29% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.
NVIDIA Stock Performance
NASDAQ:NVDA opened at $186.00 on Thursday. The stock's 50-day moving average is $185.59 and its 200-day moving average is $184.07. NVIDIA Corporation has a 1-year low of $86.62 and a 1-year high of $212.19. The company has a current ratio of 3.91, a quick ratio of 3.24 and a debt-to-equity ratio of 0.05. The stock has a market cap of $4.52 trillion, a P/E ratio of 37.96, a price-to-earnings-growth ratio of 0.63 and a beta of 2.33.
NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its quarterly earnings data on Wednesday, February 25th. The computer hardware maker reported $1.62 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.54 by $0.08. NVIDIA had a net margin of 55.60% and a return on equity of 97.37%. The business had revenue of $68.13 billion during the quarter, compared to analyst estimates of $65.56 billion. During the same quarter last year, the business earned $0.89 EPS. The firm's quarterly revenue was up 73.2% on a year-over-year basis. Equities research analysts anticipate that NVIDIA Corporation will post 2.77 earnings per share for the current year.
NVIDIA Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Wednesday, March 11th will be issued a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.0%. The ex-dividend date is Wednesday, March 11th. NVIDIA's payout ratio is 0.82%.
Institutional Investors Weigh In On NVIDIA
Large investors have recently added to or reduced their stakes in the business. State Street Corp increased its stake in shares of NVIDIA by 1.2% in the 4th quarter. State Street Corp now owns 991,480,489 shares of the computer hardware maker's stock valued at $184,911,111,000 after acquiring an additional 11,451,386 shares in the last quarter. Geode Capital Management LLC boosted its stake in NVIDIA by 0.6% during the fourth quarter. Geode Capital Management LLC now owns 588,803,093 shares of the computer hardware maker's stock worth $109,446,217,000 after acquiring an additional 3,383,441 shares in the last quarter. Norges Bank acquired a new stake in NVIDIA in the fourth quarter worth $62,244,133,000. Bank of America Corp DE grew its holdings in NVIDIA by 1.5% in the fourth quarter. Bank of America Corp DE now owns 187,181,484 shares of the computer hardware maker's stock worth $34,909,347,000 after purchasing an additional 2,849,678 shares during the period. Finally, Legal & General Group Plc increased its stake in NVIDIA by 1.5% in the third quarter. Legal & General Group Plc now owns 181,203,035 shares of the computer hardware maker's stock valued at $33,808,862,000 after purchasing an additional 2,609,560 shares in the last quarter. Institutional investors and hedge funds own 65.27% of the company's stock.
NVIDIA News Roundup
Here are the key news stories impacting NVIDIA this week:
Wall Street Analyst Weigh In
NVDA has been the subject of several analyst reports. Royal Bank Of Canada raised their target price on NVIDIA from $240.00 to $250.00 and gave the stock an "outperform" rating in a research report on Thursday, February 26th. Wells Fargo & Company reissued an "overweight" rating on shares of NVIDIA in a research note on Monday, December 29th. Evercore reaffirmed an "outperform" rating on shares of NVIDIA in a research note on Tuesday, January 6th. William Blair reiterated an "outperform" rating on shares of NVIDIA in a report on Tuesday, January 6th. Finally, Seaport Research Partners increased their target price on shares of NVIDIA from $100.00 to $140.00 and gave the company a "sell" rating in a research report on Monday, November 17th. Four research analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Buy" and an average price target of $273.64.
View Our Latest Report on NVDA
About NVIDIA
(
Get Free Report)
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.
Further Reading
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