NVIDIA Corporation (NASDAQ:NVDA) registered a 1.93% increase, still its new closing price is 355.94% up from the company’s 1 year high of 119.93.It posted 7.46% gains in previous 5 sessions and is now the subject of 13 analysts who together assign a hold rating on stock. 1 of Wall Street analysts have an underperform rating; the 0 sells versus 8 buy or better ratings. The 35 stock analysts following this company have an average price target at $99.67, with individual PT in the $38.00-$129.00 range. The shares moved at $111.77, implying that brokerage firms see shares gaining about 302.30% in twelve months time.
NVIDIA Corporation (NVDA) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a 4.71% rise year to date. A President and CEO at NVIDIA Corporation (NVDA) offloaded shares in a transaction closed on Thursday January 12, 2017. HUANG JEN HSUN sold 41,666 shares in the company at $102.74 each and collected $4,280,001 in proceeds. HUANG JEN HSUN now owns 22,529,182 shares in the company after this transaction. A EVP, Operations in the company, Shoquist Debora, disclosed a transaction on Thursday December 29, 2016 that ended up generating $2,020,001 from the sale of 19,265 shares at $104.88 per share.
NVIDIA Corporation (NASDAQ:NVDA) Upcoming Results on Tap
NVIDIA Corporation will next provide financial results for the April 2017 quarter. Stock analysts expect it to report per-share earnings of $0.63 in that period. Sales during the quarter are predicted to arrive at $1.88 billion.
Earnings surprise history: Last quarter, the company posted approximately $2 billion in revenue and EPS of $0.84. The mean forecast was for $1.69 billion and $0.57 a share, respectively. One quarter earlier, revenue for the stock was at $1.43 billion, with earnings at $0.40/share.
NVIDIA Corporation (NVDA) Brokerage Update
NVIDIA Corporation (NVDA) is in Needham’s research list so their analyst rating change is noteworthy. These shares were upgraded to Buy from Hold by Needham, according to news reported on Monday November 14, 2016.Another important research note was issued by Barclays on Friday November 11, 2016.The firm upgraded NVDA to Equal Weight from Underweight. Over the last six months and over the last three months, the shares of NVIDIA Corporation (NVDA), have changed 99.61% and 55.12%, respectively.
