NVIDIA Co. (NASDAQ:NVDA) Director Mark L. Perry sold 17,307 shares of the stock in a transaction that occurred on Monday, February 12th. The shares were sold at an average price of $227.93, for a total transaction of $3,944,784.51. Following the sale, the director now directly owns 30,762 shares in the company, valued at $7,011,582.66. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Shares of NVIDIA Co. (NASDAQ NVDA) opened at $241.42 on Thursday. The company has a quick ratio of 7.34, a current ratio of 8.03 and a debt-to-equity ratio of 0.27. The firm has a market cap of $146,300.00, a price-to-earnings ratio of 49.98, a price-to-earnings-growth ratio of 3.71 and a beta of 1.43. NVIDIA Co. has a twelve month low of $95.17 and a twelve month high of $249.27.

NVIDIA (NASDAQ:NVDA) last posted its earnings results on Thursday, February 8th. The computer hardware maker reported $1.72 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.16 by $0.56. NVIDIA had a net margin of 31.36% and a return on equity of 45.02%. The company had revenue of $2.91 billion for the quarter, compared to analyst estimates of $2.67 billion. During the same period last year, the business posted $1.13 earnings per share. The business’s revenue for the quarter was up 34.0% compared to the same quarter last year. sell-side analysts anticipate that NVIDIA Co. will post 6 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 16th. Investors of record on Friday, February 23rd will be issued a dividend of $0.15 per share. The ex-dividend date is Thursday, February 22nd. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.25%. NVIDIA’s payout ratio is 12.42%.

Several large investors have recently modified their holdings of the stock. Geode Capital Management LLC raised its holdings in shares of NVIDIA by 7.7% during the fourth quarter. Geode Capital Management LLC now owns 7,194,300 shares of the computer hardware maker’s stock worth $1,389,500,000 after acquiring an additional 512,166 shares during the period. Legal & General Group Plc raised its holdings in shares of NVIDIA by 2.8% during the third quarter. Legal & General Group Plc now owns 2,867,090 shares of the computer hardware maker’s stock worth $512,549,000 after acquiring an additional 78,943 shares during the period. UBS Asset Management Americas Inc. raised its holdings in shares of NVIDIA by 2.0% during the fourth quarter. UBS Asset Management Americas Inc. now owns 2,265,682 shares of the computer hardware maker’s stock worth $438,409,000 after acquiring an additional 45,162 shares during the period. Swiss National Bank raised its holdings in shares of NVIDIA by 0.9% during the fourth quarter. Swiss National Bank now owns 2,213,385 shares of the computer hardware maker’s stock worth $428,290,000 after acquiring an additional 19,900 shares during the period. Finally, Schwab Charles Investment Management Inc. raised its holdings in shares of NVIDIA by 4.9% during the fourth quarter. Schwab Charles Investment Management Inc. now owns 2,027,499 shares of the computer hardware maker’s stock worth $392,322,000 after acquiring an additional 95,004 shares during the period. Institutional investors and hedge funds own 62.70% of the company’s stock.

Several analysts have recently commented on the stock. Goldman Sachs Group cut shares of NVIDIA from a “conviction-buy” rating to a “buy” rating and set a $281.00 price target on the stock. in a research note on Thursday, February 1st. Vetr cut shares of NVIDIA from a “hold” rating to a “sell” rating and set a $234.76 price target on the stock. in a research note on Monday, January 29th. Zacks Investment Research raised shares of NVIDIA from a “hold” rating to a “buy” rating and set a $262.00 price target on the stock in a research note on Wednesday, January 24th. Nomura increased their price target on shares of NVIDIA to $225.00 and gave the company a “neutral” rating in a research note on Friday, February 9th. Finally, SunTrust Banks reissued a “buy” rating and set a $305.00 price target (up from $253.00) on shares of NVIDIA in a research note on Friday, February 9th. Four equities research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and twenty-four have given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $210.77.

WARNING: “NVIDIA Co. (NVDA) Director Mark L. Perry Sells 17,307 Shares” was first published by TheOlympiaReport and is owned by of TheOlympiaReport. If you are accessing this piece on another domain, it was stolen and reposted in violation of United States & international copyright & trademark laws. The original version of this piece can be accessed at https://theolympiareport.com/2018/02/15/nvidia-co-nvda-director-mark-l-perry-sells-17307-shares.html.

About NVIDIA

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.

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

Receive News & Ratings for NVIDIA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NVIDIA and related companies with MarketBeat.com's FREE daily email newsletter.