NVIDIA Co. (NASDAQ:NVDA) EVP Debora Shoquist Sells 5,823 Shares

NVIDIA Co. (NASDAQ:NVDA) EVP Debora Shoquist sold 5,823 shares of NVIDIA stock in a transaction dated Wednesday, April 3rd. The stock was sold at an average price of $185.00, for a total value of $1,077,255.00. Following the sale, the executive vice president now directly owns 171,783 shares of the company’s stock, valued at approximately $31,779,855. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

NASDAQ:NVDA opened at $178.09 on Friday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 6.76 and a current ratio of 7.94. NVIDIA Co. has a 52 week low of $124.46 and a 52 week high of $292.76. The firm has a market cap of $108.37 billion, a price-to-earnings ratio of 29.34, a PEG ratio of 4.60 and a beta of 1.90.

NVIDIA (NASDAQ:NVDA) last released its quarterly earnings results on Thursday, February 14th. The computer hardware maker reported $0.80 EPS for the quarter, topping analysts’ consensus estimates of $0.53 by $0.27. NVIDIA had a return on equity of 41.78% and a net margin of 35.35%. The company had revenue of $2.21 billion for the quarter, compared to analysts’ expectations of $2.22 billion. During the same period in the prior year, the firm earned $1.72 earnings per share. The firm’s revenue was down 24.3% compared to the same quarter last year. As a group, analysts anticipate that NVIDIA Co. will post 4.46 EPS for the current fiscal year.

A number of brokerages have commented on NVDA. BidaskClub cut NVIDIA from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, April 16th. ValuEngine raised NVIDIA from a “sell” rating to a “hold” rating in a research report on Friday, March 1st. Zacks Investment Research raised NVIDIA from a “strong sell” rating to a “hold” rating in a report on Monday, April 1st. Tigress Financial reissued a “buy” rating on shares of NVIDIA in a report on Wednesday, March 20th. Finally, Nomura assumed coverage on NVIDIA in a report on Tuesday, April 2nd. They issued a “neutral” rating and a $147.00 price objective for the company. Three investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and twenty-six have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $204.46.

Hedge funds and other institutional investors have recently made changes to their positions in the company. TD Capital Management LLC acquired a new stake in shares of NVIDIA in the fourth quarter valued at $27,000. Capital Financial Planning LLC purchased a new position in NVIDIA in the fourth quarter valued at $28,000. Clarfeld Financial Advisors LLC purchased a new position in NVIDIA in the fourth quarter valued at $29,000. Trust Department MB Financial Bank N A purchased a new position in NVIDIA in the fourth quarter valued at $31,000. Finally, Truvestments Capital LLC purchased a new position in NVIDIA in the first quarter valued at $33,000. Institutional investors and hedge funds own 69.79% of the company’s stock.

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NVIDIA Company Profile

NVIDIA Corporation operates as a visual computing company worldwide. It operates in two segments, GPU and Tegra Processor. The GPU segment offers processors, which include GeForce for PC gaming and mainstream PCs; GeForce NOW for cloud-based game-streaming service; Quadro for design professionals working in computer-aided design, video editing, special effects, and other creative applications; Tesla for artificial intelligence (AI) utilizing deep learning, accelerated computing, and general purpose computing; GRID, which provides power of NVIDIA graphics through the cloud and datacenters; DGX for AI scientists, researchers, and developers; and cryptocurrency-specific graphics processing units.

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

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