NVIDIA Director Aarti S. Shah Sells 20,000 Shares of Stock

NVIDIA Co. (NASDAQ:NVDA) Director Aarti S. Shah has sold 20,000 shares of the company's stock in a transaction that took place on Thursday, March 20th. The shares were sold at an average price of $118.42, resulting in a total value of $2,368,400.00 from the sale. After this transaction, Shah currently holds 53,208 shares of NVIDIA's stock, with a combined value of roughly $6,300,891.36. This recent sale represents a 27.32% reduction in Shah's ownership of NVIDIA shares. The transaction has been reported in a filing made with the Securities and Exchange Commission (SEC), and details can be accessed through the SEC's official website.

NVIDIA Stock Performance

On Friday, NVIDIA's stock traded down by $0.83, settling at $117.70. The trading volume for the day reached 265,860,046 shares, while the stock's average trading volume is 316,229,962 shares. Over the past year, NVIDIA's stock has hit a low of $75.61 and a high of $153.13. Currently, the company's fifty-day simple moving average stands at $126.92 and its two-hundred-day simple moving average at $131.02. The market capitalization of NVIDIA is approximately $2.87 trillion, with a P/E ratio of 46.32 and a price-to-earnings-growth ratio of 1.76. The firm has a beta of 1.77, a debt-to-equity ratio of 0.13, a quick ratio of 3.64, and a current ratio of 4.10.

NVIDIA's Recent Earnings Results

NVIDIA recently released its quarterly earnings report on February 26th. The company announced earnings per share (EPS) of $0.89 for the quarter, which exceeded analysts' consensus estimate of $0.84 by $0.05. NVIDIA's return on equity was noted at 114.83%, with a net margin of 55.69%. The total revenue reported for the quarter was $39.33 billion, surpassing the expected $38.16 billion. Analysts project that NVIDIA will achieve an earnings per share of 2.77 for the current fiscal year.

Dividend Information

NVIDIA has also declared a quarterly dividend, which is set to be paid on April 2nd. Shareholders who were on record as of March 12th will receive a dividend of $0.01 per share, translating to an annualized dividend of $0.04 and a yield of 0.03%. The ex-dividend date was also March 12th, and NVIDIA's payout ratio stands at 1.36%.

Analysts' Ratings and Price Targets

Institutional Investors Activity

In recent news, various institutional investors and hedge funds have adjusted their positions in NVIDIA. Tacita Capital Inc. made a new investment in NVIDIA worth $28,000 during the fourth quarter. Legend Financial Advisors acquired a new position valued at $34,000, while Vision Financial Markets LLC purchased shares worth $38,000 in the same quarter. Moreover, Luken Investment Analytics LLC invested about $40,000 in new shares of NVIDIA. Additionally, DHJJ Financial Advisors Ltd. increased their holdings in the company by 70%, owning now 340 shares valued at $41,000 after an additional purchase of 140 shares last quarter. Overall, institutional investors hold 65.27% of NVIDIA's stock.

NVIDIA's Business Overview

NVIDIA Corporation is a prominent provider of graphics and computing solutions, operating across various regions, including the United States, Taiwan, China, and Hong Kong. The company's Graphics segment features GeForce GPUs tailored for gaming and personal computers, game streaming through GeForce NOW, workstation graphics with Quadro/NVIDIA RTX GPUs, and automotive platforms for infotainment systems, among other products.

NVIDIA, Shares, Stock, Transaction, Earnings