NVIDIA (NASDAQ:NVDA) Shares Up 3.9% After Analyst Upgrade

NVIDIA Corporation (NASDAQ:NVDA)’s stock price was up 3.9% during trading on Friday after Truist Financial raised their price target on the stock from $255.00 to $275.00. Truist Financial currently has a buy rating on the stock. NVIDIA traded as high as $181.45 and last traded at $180.99. Approximately 322,571,710 shares changed hands during trading, an increase of 44% from the average daily volume of 223,607,500 shares. The stock had previously closed at $174.14.

NVDA has been the subject of a number of other research reports. Needham & Company LLC reaffirmed a “buy” rating and set a $240.00 price objective on shares of NVIDIA in a research report on Thursday, November 20th. Raymond James Financial set a $272.00 price objective on NVIDIA and gave the stock a “strong-buy” rating in a research report on Thursday, November 20th. Evercore ISI set a $352.00 price objective on NVIDIA and gave the company an “outperform” rating in a research report on Thursday, November 20th. Wolfe Research upped their target price on NVIDIA from $230.00 to $250.00 and gave the company an “outperform” rating in a research note on Thursday, November 20th. Finally, Arete Research lifted their price target on shares of NVIDIA from $244.00 to $261.00 and gave the stock a “buy” rating in a research note on Tuesday, November 25th. Five research analysts have rated the stock with a Strong Buy rating, forty-five have issued a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $262.14.

Insiders Place Their Bets

In related news, CFO Colette Kress sold 30,500 shares of the stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $178.11, for a total transaction of $5,432,355.00. Following the completion of the sale, the chief financial officer owned 1,286,826 shares in the company, valued at $229,196,578.86. This trade represents a 2.32% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Debora Shoquist sold 69,840 shares of NVIDIA stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $177.85, for a total transaction of $12,421,044.00. Following the transaction, the executive vice president directly owned 1,424,603 shares of the company’s stock, valued at $253,365,643.55. This represents a 4.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 2,163,974 shares of company stock worth $396,087,917 in the last quarter. 4.17% of the stock is owned by corporate insiders.

NVIDIA News Roundup

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: U.S. review could pave way for H200 shipments to China — reports say the administration launched a review that might allow exports of Nvidia’s H200 AI chips to China, which would materially expand addressable demand and revenue prospects. US launches review of advanced Nvidia AI chip sales to China
• Positive Sentiment: Regulatory overhang removed on Intel tie-up — U.S. antitrust agencies cleared Nvidia’s investment in Intel, reducing a near-term regulatory risk and supporting strategic partnerships that could help scale production and go-to-market efforts. Nvidia-Intel deal cleared by US antitrust agencies
• Positive Sentiment: Analysts getting more bullish — several firms (Sanford C. Bernstein reiterated buy at $275, Truist raised its PT to $275, Zacks boosted EPS estimates) are lifting targets or confirming buys, helping technical momentum and positioning for upside. MarketScreener Latest Ratings
• Neutral Sentiment: Management clarifies OpenAI investment status — Jensen Huang said Nvidia has not yet funded its announced plan around OpenAI, which removes some rumor-driven uncertainty but leaves the timing and size of any investment unclear. Nvidia has not given OpenAI ‘a penny yet,’ CEO Huang tells Fox Business
• Negative Sentiment: Insider selling disclosed — long-time director Harvey Jones sold 250,000 shares (~$44M), a headline that can spook some investors even though large insiders often diversify. Nvidia director sells $44 million in stock

Hedge Funds Weigh In On NVIDIA

Several institutional investors have recently bought and sold shares of the business. AIA Group Ltd increased its stake in shares of NVIDIA by 55.1% in the third quarter. AIA Group Ltd now owns 665,253 shares of the computer hardware maker’s stock valued at $124,123,000 after buying an additional 236,263 shares in the last quarter. Alternative Investment Advisors LLC. grew its holdings in NVIDIA by 1.7% during the 3rd quarter. Alternative Investment Advisors LLC. now owns 21,169 shares of the computer hardware maker’s stock worth $3,950,000 after acquiring an additional 355 shares during the last quarter. Financial Symmetry Inc grew its holdings in NVIDIA by 66.4% during the 3rd quarter. Financial Symmetry Inc now owns 6,824 shares of the computer hardware maker’s stock worth $1,273,000 after acquiring an additional 2,723 shares during the last quarter. Keel Point LLC increased its position in NVIDIA by 17.1% in the 3rd quarter. Keel Point LLC now owns 185,051 shares of the computer hardware maker’s stock valued at $34,527,000 after acquiring an additional 27,032 shares in the last quarter. Finally, Lindenwold Advisors INC raised its stake in shares of NVIDIA by 33.0% in the third quarter. Lindenwold Advisors INC now owns 47,775 shares of the computer hardware maker’s stock worth $8,914,000 after acquiring an additional 11,857 shares during the last quarter. Institutional investors own 65.27% of the company’s stock.

NVIDIA Stock Performance

The stock’s 50 day simple moving average is $185.58 and its two-hundred day simple moving average is $174.93. The company has a market capitalization of $4.40 trillion, a P/E ratio of 44.91, a P/E/G ratio of 0.85 and a beta of 2.29. The company has a debt-to-equity ratio of 0.06, a current ratio of 4.47 and a quick ratio of 3.71.

NVIDIA (NASDAQ:NVDA) last issued its quarterly earnings results on Wednesday, November 19th. The computer hardware maker reported $1.30 earnings per share for the quarter, beating analysts’ consensus estimates of $1.23 by $0.07. NVIDIA had a net margin of 53.01% and a return on equity of 99.24%. The business had revenue of $57.01 billion during the quarter, compared to analyst estimates of $54.66 billion. During the same quarter last year, the business posted $0.81 earnings per share. NVIDIA’s revenue for the quarter was up 62.5% compared to the same quarter last year. As a group, research analysts expect that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, December 26th. Stockholders of record on Thursday, December 4th will be given a dividend of $0.01 per share. The ex-dividend date is Thursday, December 4th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.0%. NVIDIA’s payout ratio is presently 0.99%.

NVIDIA Company Profile

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.