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Mark A. Stevens, a director of NVIDIA Corporation (NASDAQ:NVDA), sells 120,000 shares.

Mark A. Stevens, a director of NVIDIA Corporation (NASDAQ:NVDA), sells 120,000 shares.

On January 9, NVIDIA Co. (NASDAQ: NVDA) director Mark A. Stevens sold 120,000 shares of the company’s stock. The transaction took place earlier that day. It was determined that the shares were sold at a price per share that averaged out to be $158.84, which led to a total sale volume of $19,060,800.00. As a result of the successful transaction completion, the director now owns a total of 1,325,888 shares in the company. Based on the current market price, these shares have a value of approximately $210,604,049.92. You can find a copy of the filing that disclosed the transaction on the Securities and Exchange Commission (SEC) website. The filing described the transaction.

On November 16, NVIDIA’s most recent quarterly earnings report (NASDAQ: NVDA) was made public for investors to view. The company specializing in the sale of computer hardware reported earnings per share for the quarter of $0.34, which was significantly lower than the consensus earnings forecast of $0.44 among industry analysts, which was a difference of $0.10. It was reported that the company’s quarterly sales came in at $5.93 billion, which is significantly higher than the average projection of $5.82 billion reported for the period. NVIDIA’s net margin was 20.85 percent, and the company’s return on equity was 30.75 percent, respectively. When compared to the revenue generated during the same period the previous year, the company experienced a quarterly decline of 16.5%. Profits per share for the company totaled $1.01 and were generated in the prior year’s comparable quarter. Financial analysts who pay close attention to the stock market forecast that NVIDIA Company will generate $2.23 per share earnings during the current fiscal year.

In addition, the business had only recently disclosed that it would be paying a quarterly dividend, which was paid out on the 22nd of this particular month. On December 1, a $0.04 dividend payment per share was made to stockholders who owned company shares. When figured out on an annualized basis, this translates to a dividend payment of $0.16 per share and a yield of 0.10% for the investment. On November 30, the shareholders were each given a dividend payment for their investment in the company. At the moment, NVIDIA’s payout ratio stands at 6.81%.

Wednesday’s midday session saw a $0.92 increase in the price of NVDA shares, which resulted in the stock reaching $160.01 per share. The company’s stock was traded for a total of 35,246,884 shares, which is significantly lower than the average volume of trading, which is 40,969,949 shares. Over the past year, the price of NVIDIA Co. has fluctuated between $108.13 and $289.46, with a low of $108.13 and a high of $289.46, respectively. The price-to-earnings ratio for the company is 68.09; the price-to-earnings-to-growth ratio is 5.82; and the beta value for the company is 1.77. The company currently has a market capitalization of $398.42 billion. The ratio of the current ratio to the quick ratio is 2.74, while the ratio of the current ratio to the quick ratio is 3.39. The ratio of debt to equity is 0.45. The price of a share of the company’s stock is currently trading at $157.47, which is higher than its price of $152.41 on the 200-day moving average market price.

NVDA has been brought up as a topic of discussion in several different brokerage reports. Deutsche Bank Aktiengesellschaft disclosed in a research note that was made public on Wednesday, December 14, that they had increased their price target on NVIDIA stock from $150.00 to $170.00. In a report disseminated by Needham & Company LLC on Monday, December 19, the company upgraded NVIDIA from a “hold” rating to a “buy” rating and raised their target price on the stock from $200.00 to $230.00. In addition, the company raised its target price on the stock from $200.00 to $230.00. Credit Suisse Group reaffirmed its “outperform” rating on NVIDIA shares in a research note published on Wednesday, November 16.

Additionally, the firm raised its target price for the stock to $210.00, an increase of $5.00 from the previous price of $205.00. In a research note published on November 17, Stifel Nicolaus upgraded NVIDIA from a “hold” rating to a “buy” rating and raised their target price on the stock from $165.00 to $175.00. Stifel Nicolaus also raised their target price on the stock from $165.00 to $175.00. In a research report released Wednesday, KeyCorp changed its rating on NVIDIA from “overweight” to “neutral.” This was not the only change made by the company. The company also lowered its price objective for the stock, which had previously been set at $230.00 but is now $220.00. The following advice has been provided by analysts regarding the stock’s potential future performance:

Sell the stock if the rating is two.

Hold the stock if the rating is nine.

Buy the stock if the rating is twenty-three.

Strongly buy the stock if the rating is one.

According to Bloomberg.com, the prevailing sentiment regarding the stock of NVIDIA is that it is currently a “Moderate Buy,” with an average price objective of $205.80 per share.

Recently, several hedge funds have been seen transacting business in the market by purchasing and selling company shares. Financial Management Professionals Inc. increased the amount of NVIDIA stock owned by 7.6% over the final three months of 2018. Financial Management Professionals Inc. now has 2,169 computer hardware manufacturers’ shares after acquiring 154 additional shares during the most recent quarter. The company’s stock is currently valued at $318,000 following these acquisitions. My Personal CFO LLC was awarded approximately $53,000 in compensation for a newly acquired position at NVIDIA during the fourth quarter of the fiscal year. In the most recent fiscal period, Macroview Investment Management LLC achieved a 162.7% increase in the proportion of NVIDIA stock it owned. As a result of purchasing an additional 244 shares during the relevant period, Macroview Investment Management LLC now has 394 shares of the computer hardware manufacturer. Each share has a value of $58,000, and the company’s holdings are worth a combined total of $58,000. CFO4Life L.P. invested approximately $355,000 over the final three months of 2018 in acquiring a new share of NVIDIA. And finally, during the final three months of 2018, Onyx Bridge Wealth Group LLC made a 58.0% increase in the amount of NVIDIA stock it owns, bringing its total ownership percentage to 100%. After making an additional purchase of 2,167 shares during the relevant period, Onyx Bridge Wealth Group LLC now owns a total of 5,904 shares of the computer hardware manufacturer’s stock, which has an estimated value of $877,000. This brings the total number of shares owned by the company to 5,904 shares. As of the most recent accounting period, institutional investors had 61.80% of the total number of shares outstanding in the company.

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