NVIDIA Corp (NASDAQ: NVDA) is -11.65% lower on its value in year-to-date trading and has touched a low of $66.25 and a high of $153.13 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The NVDA stock was last observed hovering at around $116.66 in the last trading session, with the day’s gains setting it 1.99%.
Currently trading at $118.65, the stock is -11.02% and -12.92% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 253.92 million and changing 1.71% at the moment leaves the stock -3.39% off its SMA200. NVDA registered 88.25% gain for a year compared to 6-month gain of 10.61%. The firm has a 50-day simple moving average (SMA 50) of $136.8152 and a 200-day simple moving average (SMA200) of $122.63693.
The stock witnessed a -14.21% loss in the last 1 month and extending the period to 3 months gives it a -10.63%, and is -8.02% down 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 5.52% over the week and 5.01% over the month.
NVIDIA Corp (NVDA) has around 29600 employees, a market worth around $2905.74B and $113.27B in sales. Current P/E ratio is 46.74 and Fwd P/E is 26.67. Profit margin for the company is 55.69%. Distance from 52-week low is 79.10% and -22.52% from its 52-week high. The company has generated returns on investments over the last 12 months (83.16%).
with sales reaching $38.13B over the same period.The EPS is expected to grow by 127.71% this year, but quarterly earnings will post 112.12% year-over-year. Quarterly sales are estimated to grow 72.49% 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).
