NVIDIA (NASDAQ:NVDA) Earns “Sell” Rating from Seaport Global Securities

NVIDIA (NASDAQ:NVDA)‘s stock had its “sell” rating restated by stock analysts at Seaport Global Securities in a research report issued on Wednesday,MarketScreener Latest Ratings reports.

NVDA has been the topic of a number of other reports. S&P Equity Research reaffirmed a “positive” rating on shares of NVIDIA in a research report on Wednesday, October 22nd. Benchmark increased their price target on NVIDIA from $190.00 to $220.00 and gave the stock a “buy” rating in a research note on Thursday, August 28th. KeyCorp restated an “overweight” rating and issued a $250.00 target price (up previously from $230.00) on shares of NVIDIA in a research note on Tuesday, September 30th. Bank of America raised their target price on NVIDIA from $235.00 to $275.00 and gave the stock a “buy” rating in a research note on Wednesday. Finally, Jefferies Financial Group reiterated a “buy” rating and set a $220.00 price target (up previously from $205.00) on shares of NVIDIA in a research report on Monday, September 29th. Five analysts have rated the stock with a Strong Buy rating, forty-one have given a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, NVIDIA presently has a consensus rating of “Buy” and an average price target of $229.38.

NVIDIA Stock Down 2.1%

Shares of NASDAQ NVDA opened at $202.76 on Wednesday. The company has a current ratio of 4.21, a quick ratio of 3.60 and a debt-to-equity ratio of 0.08. The company has a market cap of $4.93 trillion, a price-to-earnings ratio of 57.77, a PEG ratio of 1.49 and a beta of 2.12. NVIDIA has a 12 month low of $86.62 and a 12 month high of $212.19. The stock has a 50-day moving average price of $181.35 and a two-hundred day moving average price of $158.70.

NVIDIA (NASDAQ:NVDA) last released its quarterly 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 company had revenue of $46.74 billion for the quarter, compared to analysts’ expectations of $45.65 billion. During the same period in the previous year, the business posted $0.68 earnings per share. The business’s quarterly revenue was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. As a group, analysts forecast that NVIDIA will post 2.77 earnings per share for the current fiscal year.

Insider Transactions at NVIDIA

In related news, Director Mark A. Stevens sold 350,000 shares of the company’s stock in a transaction on Friday, September 19th. The stock was sold at an average price of $176.39, for a total transaction of $61,736,500.00. Following the completion of the sale, the director owned 7,399,803 shares in the company, valued at approximately $1,305,251,251.17. This represents a 4.52% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Jen Hsun Huang sold 75,000 shares of the company’s stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $169.65, for a total value of $12,723,750.00. Following the sale, the chief executive officer owned 72,698,366 shares of the company’s stock, valued at approximately $12,333,277,791.90. This trade represents a 0.10% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 3,676,577 shares of company stock worth $657,716,375 over the last quarter. 4.17% of the stock is currently owned by insiders.

Hedge Funds Weigh In On NVIDIA

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in NVDA. Harbor Asset Planning Inc. purchased a new position in NVIDIA during the 2nd quarter worth $28,000. Winnow Wealth LLC acquired a new stake in shares of NVIDIA in the 2nd quarter worth $32,000. Longfellow Investment Management Co. LLC boosted 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 purchasing an additional 67 shares in the last quarter. Spurstone Advisory Services LLC acquired a new stake in NVIDIA during the 2nd quarter worth about $40,000. Finally, Kathleen S. Wright Associates Inc. lifted its position in NVIDIA by 169.3% during 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 during the period. 65.27% of the stock is owned by institutional investors.

NVIDIA Company Profile

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.