Currently, there are 2.46B common shares owned by the public and among those 2.40B shares have been available to trade.
Insiders at the company have transacted a total of 236 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 44 of these insider trades were purchases, accounting for 980,074 shares. Insider sales of the common stock occurred on 192 occasions, with total insider shares sold totaling 1,480,687 shares.
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However, the script later moved the day high at 823.94, up 0.36%. The company’s stock has a 5-day price change of 8.48% and 57.81% over the past three months. NVDA shares are trading 59.16% year to date (YTD), with the 12-month market performance up to 279.77% higher. It has a 12-month low price of $222.97 and touched a high of $785.75 over the same period. NVDA has an average intraday trading volume of 45.20 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 15.31%, 34.87%, and 68.01% respectively.
Institutional ownership of NVIDIA Corp (NASDAQ: NVDA) shares accounts for 67.16% of the company’s 2.46B shares outstanding.
It has a market capitalization of $1970.42B and a beta (3y monthly) value of 1.72. The stock’s trailing 12-month PE ratio is 66.03, while the earnings-per-share (ttm) stands at $11.94. The company has a PEG of 1.83 and a Quick Ratio of 3.67 with the debt-to-equity ratio at 0.26. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.99% over the week and 3.67% over the month.
Analysts forecast that NVIDIA Corp (NVDA) will achieve an EPS of $5.43 for the current quarter, $5.74 for the next quarter and $29.26 for 2026. The lowest estimate earnings-per-share for the quarter is $4.53 while analysts give the company a high EPS estimate of $6.12. Comparatively, EPS for the current quarter was $0.98 a year ago. Earnings per share for the fiscal year are expected to increase by 89.50%, and 18.24% over the next financial year. EPS should shrink at an annualized rate of 36.09% over the next five years, compared to 48.41% over the past 5-year period.
Looking at the support for the NVDA, a number of firms have released research notes about the stock. Wolfe Research stated their Outperform rating for the stock in a research note on February 22, 2024, with the firm’s price target at $630-$900. Wedbush coverage for the NVIDIA Corp (NVDA) stock in a research note released on February 22, 2024 offered a Outperform rating with a price target of $850. UBS was of a view on February 22, 2024 that the stock is Buy, while Truist gave the stock Buy rating on February 22, 2024, issuing a price target of $691- $911. The Benchmark Company on their part issued Buy rating on February 22, 2024.
