NVIDIA Corp (NASDAQ: NVDA) is 4.87% higher on its value in year-to-date trading and has touched a low of $56.11 and a high of $153.13 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The NVDA stock was last observed hovering at around $137.71 in the last trading session, with the day’s gains setting it 3.12%.
Currently trading at $140.83, the stock is 2.21% and 0.85% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 191.42 million and changing 2.27% at the moment leaves the stock 16.66% off its SMA200. NVDA registered 146.61% gain for a year compared to 6-month gain of 19.42%. The firm has a 50-day simple moving average (SMA 50) of $139.6254 and a 200-day simple moving average (SMA200) of $120.45889.
The stock witnessed a 8.01% loss in the last 1 month and extending the period to 3 months gives it a 2.85%, and is 5.70% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.69% over the week and 4.01% over the month.
NVIDIA Corp (NVDA) has around 29600 employees, a market worth around $3448.93B and $113.27B in sales. Current P/E ratio is 55.47 and Fwd P/E is 31.70. Profit margin for the company is 55.69%. Distance from 52-week low is 151.00% and -8.03% from its 52-week high. The company has generated returns on investments over the last 12 months (83.16%).
with sales reaching $38.04B over the same period.The EPS is expected to grow by 127.68% this year, but quarterly earnings will post 111.97% year-over-year. Quarterly sales are estimated to grow 72.09% in year-over-year returns.
NVIDIA Corp (NVDA) Top Institutional Holders
5958.0 institutions hold shares in NVIDIA Corp (NVDA), with institutional investors hold 69.14% of the company’s shares. The shares outstanding are 24.51B, and float is at 23.51B with Short Float at 1.22%. Institutions hold 66.17% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 2.14 billion shares valued at $264.97 billion. The investor’s holdings represent 8.7116% of the NVDA Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 1.84 billion shares valued at $227.22 billion to account for 7.4706 of the shares outstanding. The other top investors are FMR LLC which holds 1.04 billion shares representing 4.2401% and valued at over $128.96 billion, while STATE STREET CORP holds 3.9866 of the shares totaling 981.49 million with a market value of $121.25 billion.
NVIDIA Corp (NVDA) Insider Activity
The most recent transaction is an insider sale by Puri Ajay K, the company’s EVP, Worldwide Field Ops. SEC filings show that Puri Ajay K sold 36,462 shares of the company’s common stock on Jan 06 ’25 at a price of $151.10 per share for a total of $5.51 million. Following the sale, the insider now owns 3.9 million shares.
NVIDIA Corp disclosed in a document filed with the SEC on Jan 07 ’25 that Puri Ajay K (EVP, Worldwide Field Ops) sold a total of 233 shares of the company’s common stock. The trade occurred on Jan 07 ’25 and was made at $151.42 per share for $35281.0. Following the transaction, the insider now directly holds 3.9 million shares of the NVDA stock.
Still, SEC filings show that on Jan 06 ’25, Puri Ajay K (Officer) Proposed Sale 204,890 shares at an average price of $150.00 for $30.73 million. The insider now directly holds shares of NVIDIA Corp (NVDA).
