Representative Cleo Fields (D-Louisiana) recently sold shares of NVIDIA Co. NASDAQ: NVDA. In a filing disclosed on March 14th, the Representative disclosed that they had sold between $500,001 and $1,000,000 in NVIDIA stock on February 5th. The trade occurred in the Representative's "MORGAN STANLEY - E*TRADE" account.
NVIDIA Stock Performance
Shares of NASDAQ NVDA traded up $3.71 during midday trading on Monday, reaching $121.41. 226,975,241 shares of the company were exchanged, compared to its average volume of 314,763,567. The stock has a fifty day simple moving average of $126.92 and a 200 day simple moving average of $131.36. The company has a current ratio of 4.10, a quick ratio of 3.64 and a debt-to-equity ratio of 0.13. The stock has a market cap of $2.96 trillion, a P/E ratio of 47.78, a PEG ratio of 1.76 and a beta of 1.77. NVIDIA Co. has a 1 year low of $75.61 and a 1 year high of $153.13.
NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its quarterly earnings data on Wednesday, February 26th. The computer hardware maker reported $0.89 earnings per share for the quarter, beating analysts' consensus estimates of $0.84 by $0.05. NVIDIA had a net margin of 55.69% and a return on equity of 114.83%. The firm had revenue of $39.33 billion for the quarter, compared to analyst estimates of $38.16 billion. On average, research analysts forecast that NVIDIA Co. will post 2.77 earnings per share for the current fiscal year.
NVIDIA Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 2nd. Stockholders of record on Wednesday, March 12th will be paid a dividend of $0.01 per share. The ex-dividend date of this dividend is Wednesday, March 12th. This represents a $0.04 annualized dividend and a dividend yield of 0.03%. NVIDIA's dividend payout ratio (DPR) is 1.36%.
Insider Activity at NVIDIA
In other news, EVP Ajay K. Puri sold 36,462 shares of the stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of $151.10, for a total transaction of $5,509,408.20. Following the completion of the transaction, the executive vice president now directly owns 3,902,888 shares in the company, valued at approximately $589,726,376.80. This represents a 0.93 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Aarti S. Shah sold 20,000 shares of NVIDIA stock in a transaction on Thursday, March 20th. The stock was sold at an average price of $118.42, for a total transaction of $2,368,400.00. Following the completion of the sale, the director now owns 53,208 shares of the company's stock, valued at approximately $6,300,891.36. This trade represents a 27.32 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 179,109 shares of company stock valued at $22,117,015. Insiders own 4.23% of the company's stock.
Institutional Investors Weigh In On NVIDIA
Several hedge funds have recently modified their holdings of NVDA. Tacita Capital Inc purchased a new position in shares of NVIDIA in the fourth quarter valued at $28,000. Legend Financial Advisors Inc. acquired a new stake in shares of NVIDIA during the fourth quarter valued at about $34,000. Vision Financial Markets LLC purchased a new stake in shares of NVIDIA during the fourth quarter worth about $38,000. Luken Investment Analytics LLC acquired a new position in shares of NVIDIA in the fourth quarter worth about $40,000. Finally, DHJJ Financial Advisors Ltd. lifted its stake in shares of NVIDIA by 70.0% in the third quarter. DHJJ Financial Advisors Ltd. now owns 340 shares of the computer hardware maker's stock worth $41,000 after acquiring an additional 140 shares in the last quarter. 65.27% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
Several analysts recently commented on the stock. Mizuho reduced their price objective on shares of NVIDIA from $175.00 to $168.00 and set an "outperform" rating for the company in a research note on Friday, March 14th. William Blair reissued an "outperform" rating on shares of NVIDIA in a research note on Thursday. Tigress Financial restated a "buy" rating on shares of NVIDIA in a report on Wednesday, February 26th. Truist Financial lifted their price objective on NVIDIA from $204.00 to $205.00 and gave the stock a "buy" rating in a report on Thursday, February 27th. Finally, HSBC cut their price target on NVIDIA from $195.00 to $185.00 and set a "buy" rating for the company in a research note on Monday, January 13th. Four investment analysts have rated the stock with a hold rating, thirty-seven have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $171.51.
View Our Latest Stock Analysis on NVDA
About Representative FIELDS
Cleo Fields (Democratic Party) is a member of the U.S. House, representing Louisiana's 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Fields (Democratic Party) is running for re-election to the U.S. House to represent Louisiana's 6th Congressional District. He declared candidacy for the primary scheduled on November 3, 2026.
Cleo Fields graduated from McKinley High School in 1980. He earned a bachelor's degree in mass communications from Southern University in 1984 and a J.D. from the Southern University Law Center in 1987. His career experience includes working as a state legislator and U.S. congressman. When Fields was elected to the Louisiana State Senate in 1986, he was the youngest person ever elected to the State Senate in Louisiana’s history. In 1995, Fields ran for governor of Louisiana, becoming the first African American since reconstruction to make the runoff.
About NVIDIA
(
Get Free Report)
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.
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