NVIDIA (NASDAQ:NVDA) Stock Price Down 2.6% Following Insider Selling

NVIDIA Corporation (NASDAQ:NVDA)’s share price dropped 2.6% during mid-day trading on Wednesday following insider selling activity. The company traded as low as $168.41 and last traded at $170.29. Approximately 210,263,440 shares changed hands during trading, a decline of 10% from the average daily volume of 234,851,016 shares. The stock had previously closed at $174.88.

Specifically, CEO Jen Hsun Huang sold 75,000 shares of the firm’s stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $176.57, for a total value of $13,242,750.00. Following the transaction, the chief executive officer owned 72,023,366 shares of the company’s stock, valued at $12,717,165,734.62. This trade represents a 0.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Jen Hsun Huang sold 75,000 shares of the firm’s stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $177.72, for a total value of $13,329,000.00. Following the completion of the transaction, the chief executive officer directly owned 72,098,366 shares in the company, valued at $12,813,321,605.52. This trade represents a 0.10% decrease in their position. The disclosure for this sale can be found here. In other news, Director Stephen C. Neal sold 28,000 shares of the firm’s stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $177.58, for a total value of $4,972,240.00. Following the transaction, the director owned 143,410 shares of the company’s stock, valued at $25,466,747.80. This trade represents a 16.34% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Analyst Upgrades and Downgrades

NVDA has been the topic of several recent analyst reports. JPMorgan Chase & Co. reissued an “overweight” rating and set a $215.00 target price on shares of NVIDIA in a research note on Thursday, September 4th. Arete Research raised NVIDIA to a “strong-buy” rating in a research note on Wednesday, May 21st. Daiwa Capital Markets lifted their target price on NVIDIA from $165.00 to $205.00 and gave the company an “outperform” rating in a research note on Wednesday. Needham & Company LLC reissued a “buy” rating and set a $200.00 target price on shares of NVIDIA in a research note on Thursday, August 28th. Finally, Piper Sandler set a $225.00 target price on NVIDIA and gave the company an “overweight” rating in a research note on Wednesday, August 13th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-six have issued a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $208.47.

NVIDIA Trading Down 2.6%

The stock has a fifty day moving average of $175.25 and a 200-day moving average of $142.59. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.60 and a current ratio of 4.21. The company has a market cap of $4.14 trillion, a PE ratio of 48.52, a PEG ratio of 1.26 and a beta of 2.10.

NVIDIA (NASDAQ:NVDA) last issued its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.04. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The business had revenue of $46.74 billion during the quarter, compared to analysts’ expectations of $45.65 billion. During the same period in the prior year, the business earned $0.68 EPS. The business’s revenue for the quarter was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. Sell-side analysts anticipate that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 2nd. Shareholders of record on Thursday, September 11th will be issued a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. The ex-dividend date is Thursday, September 11th. NVIDIA’s dividend payout ratio is currently 1.14%.

Institutional Investors Weigh In On NVIDIA

Hedge funds have recently made changes to their positions in the company. Harbor Asset Planning Inc. bought a new position in shares of NVIDIA in the 2nd quarter worth $28,000. Winnow Wealth LLC bought a new position in shares of NVIDIA in the 2nd quarter worth $32,000. Longfellow Investment Management Co. LLC raised its position in shares of NVIDIA by 47.9% in the 2nd quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker’s stock worth $33,000 after acquiring an additional 67 shares in the last quarter. Spurstone Advisory Services LLC bought a new position in shares of NVIDIA in the 2nd quarter worth $40,000. Finally, Kathleen S. Wright Associates Inc. raised its position in shares of NVIDIA by 169.3% in the 1st quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker’s stock worth $44,000 after acquiring an additional 254 shares in the last quarter. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

About NVIDIA

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.