Timothy Teter Sells 30,000 Shares of NVIDIA (NASDAQ:NVDA) Stock

NVIDIA Corporation (NASDAQ:NVDAGet Free Report) EVP Timothy Teter sold 30,000 shares of the firm’s stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of $217.88, for a total value of $6,536,400.00. Following the transaction, the executive vice president directly owned 2,687,660 shares of the company’s stock, valued at approximately $585,587,360.80. This trade represents a 1.10% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

NVIDIA Stock Up 3.2%

NASDAQ:NVDA traded up $6.97 during trading hours on Wednesday, reaching $224.41. 156,553,789 shares of the company traded hands, compared to its average volume of 159,202,641. The company has a current ratio of 4.59, a quick ratio of 3.85 and a debt-to-equity ratio of 0.14. The business’s 50-day moving average price is $208.68 and its two-hundred day moving average price is $201.27. NVIDIA Corporation has a 1 year low of $164.07 and a 1 year high of $236.54. The stock has a market capitalization of $5.41 trillion, a P/E ratio of 28.37, a P/E/G ratio of 1.73 and a beta of 2.22.

NVIDIA (NASDAQ:NVDAGet Free Report) last released its earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 EPS for the quarter, topping analysts’ consensus estimates of $2.09 by $0.13. NVIDIA had a return on equity of 96.04% and a net margin of 63.66%.The firm had revenue of $96.22 billion for the quarter, compared to analysts’ expectations of $92.27 billion. During the same period in the prior year, the firm posted $1.05 earnings per share. The company’s quarterly revenue was up 105.9% on a year-over-year basis. Analysts predict that NVIDIA Corporation will post 9.1 earnings per share for the current year.

NVIDIA Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Thursday, September 10th will be given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend is Thursday, September 10th. NVIDIA’s dividend payout ratio is 12.64%.

NVIDIA announced that its Board of Directors has approved a stock buyback plan on Wednesday, May 20th that permits the company to buyback $80.00 billion in outstanding shares. This buyback authorization permits the computer hardware maker to purchase up to 1.5% of its shares through open market purchases. Shares buyback plans are generally a sign that the company’s board believes its stock is undervalued.

Analyst Ratings Changes

Several research analysts have recently issued reports on NVDA shares. Oppenheimer set a $315.00 target price on shares of NVIDIA and gave the stock an “outperform” rating in a research note on Thursday, August 27th. Daiwa Securities Group raised their price target on shares of NVIDIA from $215.00 to $255.00 and gave the company an “outperform” rating in a research report on Friday, May 22nd. UBS Group set a $300.00 price objective on shares of NVIDIA and gave the stock a “buy” rating in a report on Thursday, August 27th. Wall Street Zen raised NVIDIA from a “buy” rating to a “strong-buy” rating in a research report on Saturday. Finally, Itau BBA Securities cut their target price on NVIDIA from $256.00 to $218.00 in a research note on Wednesday, June 24th. Two equities research analysts have rated the stock with a Strong Buy rating, fifty have given a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, NVIDIA has a consensus rating of “Moderate Buy” and an average price target of $324.23.

Get Our Latest Research Report on NVIDIA

Trending Headlines about NVIDIA

Here are the key news stories impacting NVIDIA this week:

  • Positive Sentiment: Reported Hugging Face acquisition talks: NVIDIA is reportedly in advanced discussions to acquire AI platform Hugging Face for approximately $12.9 billion to $14 billion. The deal could strengthen NVIDIA’s software, open-model and developer ecosystem, although it remains unconfirmed. Why Nvidia’s $14 Billion Hugging Face Deal Would Make Total Sense
  • Positive Sentiment: AI spending remains strong: Dell’s guidance beat provided fresh evidence that data-center customers continue to invest heavily in AI infrastructure, supporting demand for NVIDIA’s accelerators and networking products. Why is Nvidia stock up over 4% today?
  • Positive Sentiment: Inference and networking expansion: NVIDIA and Equinix expanded their partnership through the Equinix Inference Exchange, targeting distributed enterprise AI inference. NVIDIA also participated in iPronics’ $125 million funding round for programmable optical networking designed to connect large AI clusters. NVIDIA and Equinix Deepen Their AI Inference Partnership
  • Positive Sentiment: Strategic positioning is drawing bullish analyst commentary: Analysts cited NVIDIA’s double-beat quarter, more than doubling revenue, strong forward guidance and expected Vera Rubin demand. JPMorgan reaffirmed its Buy rating and $320 price target. NVIDIA Buy Rating Reaffirmed
  • Neutral Sentiment: MediaTek investment broadens NVIDIA’s moat: NVIDIA’s $3.5 billion investment in MediaTek is intended to integrate NVLink Fusion with custom AI chips, PCs and automotive platforms. The move may defend NVIDIA against bespoke silicon, but its decade-long roadmap highlights intensifying competition. Qualcomm rival MediaTek jumps after Nvidia AI chip deal
  • Negative Sentiment: Risks are building around valuation and deal structure: A proposed $35 billion Anthropic computing commitment involving NVIDIA-backed Lambda has renewed concerns about circular financing within the AI ecosystem. Potential U.S. semiconductor tariffs and competition from AMD and custom AI chips could also pressure margins and multiples. Anthropic signs $35 billion cloud deal with Nvidia-backed Lambda

Institutional Investors Weigh In On NVIDIA

Several institutional investors and hedge funds have recently added to or reduced their stakes in NVDA. Norges Bank purchased a new position in shares of NVIDIA in the 4th quarter worth $62,244,133,000. J. Stern & Co. LLP increased its position in NVIDIA by 13,709.1% during the fourth quarter. J. Stern & Co. LLP now owns 125,760,307 shares of the computer hardware maker’s stock valued at $23,454,297,000 after acquiring an additional 124,849,603 shares during the last quarter. Jupiter Topco LLC bought a new position in NVIDIA in the second quarter valued at about $16,156,076,000. Cardano Risk Management B.V. lifted its holdings in NVIDIA by 896.4% in the fourth quarter. Cardano Risk Management B.V. now owns 78,123,960 shares of the computer hardware maker’s stock valued at $14,570,119,000 after acquiring an additional 70,283,539 shares during the period. Finally, Capital Research Global Investors boosted its position in NVIDIA by 16.1% in the third quarter. Capital Research Global Investors now owns 165,377,852 shares of the computer hardware maker’s stock worth $30,855,564,000 after purchasing an additional 22,896,705 shares during the last quarter. Hedge funds and other institutional investors own 65.27% of the company’s stock.

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.

See Also

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

Receive News & Ratings for NVIDIA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NVIDIA and related companies with MarketBeat.com's FREE daily email newsletter.