Investors sold shares of NVIDIA Corporation (NASDAQ:NVDA) on strength during trading hours on Monday following insider selling activity. $570.59 million flowed into the stock on the tick-up and $679.51 million flowed out of the stock on the tick-down, for a money net flow of $108.92 million out of the stock. Of all stocks tracked, NVIDIA had the 0th highest net out-flow for the day. NVIDIA traded up $6.34 for the day and closed at $197.90Specifically, insider Michael Byron sold 9,538 shares of NVIDIA stock in a transaction on Monday, October 2nd. The shares were sold at an average price of $179.80, for a total transaction of $1,714,932.40. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director A Brooke Seawell sold 1,029 shares of NVIDIA stock in a transaction on Monday, November 20th. The stock was sold at an average price of $214.10, for a total transaction of $220,308.90. Following the sale, the director now directly owns 1,029 shares in the company, valued at approximately $220,308.90. The disclosure for this sale can be found here. In the last three months, insiders sold 185,096 shares of company stock valued at $34,953,604. 5.17% of the stock is owned by insiders.

Several equities research analysts have issued reports on the stock. SunTrust Banks lifted their target price on shares of NVIDIA to $253.00 and gave the stock a “buy” rating in a research note on Friday, November 10th. Needham & Company LLC reaffirmed a “buy” rating and set a $250.00 target price on shares of NVIDIA in a research note on Friday, November 10th. Bank of America lifted their target price on shares of NVIDIA from $210.00 to $251.00 and gave the stock a “buy” rating in a research note on Friday, November 10th. Barclays lifted their target price on shares of NVIDIA from $200.00 to $225.00 and gave the stock an “equal weight” rating in a research note on Friday, November 10th. Finally, Raymond James Financial lifted their target price on shares of NVIDIA and gave the stock an “outperform” rating in a research note on Friday, November 10th. Four equities research analysts have rated the stock with a sell rating, fifteen have given a hold rating, twenty-four have given a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $187.44.

The firm has a market cap of $118,840.00, a price-to-earnings ratio of 47.18, a PEG ratio of 4.46 and a beta of 1.18. The company has a debt-to-equity ratio of 0.31, a quick ratio of 7.42 and a current ratio of 8.26.

NVIDIA (NASDAQ:NVDA) last issued its quarterly earnings data on Thursday, November 9th. The computer hardware maker reported $1.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.94 by $0.39. The firm had revenue of $2.64 billion for the quarter, compared to analyst estimates of $2.36 billion. NVIDIA had a net margin of 28.78% and a return on equity of 42.71%. NVIDIA’s revenue was up 31.5% on a year-over-year basis. During the same period in the previous year, the firm earned $0.94 EPS. research analysts forecast that NVIDIA Corporation will post 4.19 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 15th. Investors of record on Friday, November 24th were issued a $0.15 dividend. This is a positive change from NVIDIA’s previous quarterly dividend of $0.14. This represents a $0.60 annualized dividend and a yield of 0.31%. The ex-dividend date was Wednesday, November 22nd. NVIDIA’s payout ratio is 15.00%.

Institutional investors and hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. increased its stake in NVIDIA by 7.1% during the second quarter. Vanguard Group Inc. now owns 40,257,187 shares of the computer hardware maker’s stock worth $5,819,579,000 after purchasing an additional 2,676,976 shares during the period. Ameriprise Financial Inc. increased its stake in NVIDIA by 8.8% during the second quarter. Ameriprise Financial Inc. now owns 5,720,631 shares of the computer hardware maker’s stock worth $827,110,000 after purchasing an additional 463,306 shares during the period. Renaissance Technologies LLC increased its stake in NVIDIA by 19.3% during the second quarter. Renaissance Technologies LLC now owns 4,758,793 shares of the computer hardware maker’s stock worth $687,931,000 after purchasing an additional 768,200 shares during the period. Janus Henderson Group PLC increased its stake in NVIDIA by 5,424.4% during the second quarter. Janus Henderson Group PLC now owns 4,096,888 shares of the computer hardware maker’s stock worth $592,244,000 after purchasing an additional 4,022,728 shares during the period. Finally, Dimensional Fund Advisors LP increased its stake in NVIDIA by 1.2% during the second quarter. Dimensional Fund Advisors LP now owns 4,052,628 shares of the computer hardware maker’s stock worth $585,894,000 after purchasing an additional 46,686 shares during the period. Hedge funds and other institutional investors own 63.41% of the company’s stock.

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NVIDIA Company Profile

Nvidia Corporation focuses on personal computer (PC) graphics, graphics processing unit (GPU) and also on artificial intelligence (AI). The Company’s operates through two segments: GPU and Tegra Processor. The Company’s GPU product brands are aimed at specialized markets, including GeForce for gamers; Quadro for designers; Tesla and DGX for AI data scientists and big data researchers; and GRID for cloud-based visual computing users.

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