In a filing, NVIDIA Corp revealed its EVP, Worldwide Field Ops Puri Ajay K unloaded Company’s shares for reported $5.51 million on Jan 06 ’25. In the deal valued at $151.10 per share,36,462 shares were sold. As a result of this transaction, Puri Ajay K now holds 3,902,888 shares worth roughly $ 544.06 million.
Then, Puri Ajay K sold 233 shares, generating $35,281 in total proceeds. Upon selling the shares at $151.42, the EVP, Worldwide Field Ops now owns 3,902,655 shares.
Before that, Puri Ajay K bought 204,890 shares. NVIDIA Corp shares valued at $30,733,500 were divested by the Officer at a price of $150.00 per share.
Wells Fargo reiterated its NVIDIA Corp [NVDA] rating to an Overweight in a research note published on November 21, 2024; the price target was $185. A number of analysts have revised their coverage, including Truist’s analysts, who remained covering the stock and in late November has reiterated a ‘”a Buy”‘ rating for it. The Benchmark Company also remained covering NVDA and reiterated its “Buy” recommendation on November 21, 2024. TD Cowen maintained its rating on November 21, 2024. It rated NVDA as “a Buy”.
Price Performance Review of NVDA
On Tuesday, NVIDIA Corp [NASDAQ:NVDA] saw its stock jump 0.40% to $139.40. Over the last five days, the stock has gained 4.36%. NVIDIA Corp shares have risen nearly 3.81% since the year began. Nevertheless, the stocks have risen 88.63% over the past one year. While a 52-week high of $153.13 was reached on 01/07/25, a 52-week low of $66.25 was recorded on 02/03/25. SMA at 50 days reached $134.94, while 200 days put it at $125.05.
Levels Of Support And Resistance For NVDA Stock
The 24-hour chart illustrates a support level at 137.07, which if violated will result in even more drops to 134.74. On the upside, there is a resistance level at 142.58. A further resistance level may holdings at 145.77. The Relative Strength Index (RSI) on the 14-day chart is 57.02, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 9.41, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 13.28%. Stochastics %K at 94.56% indicates the stock is a selling.
The most recent change occurred on November 21, 2024 when Robert W. Baird resumed its ‘”an Outperform”‘ rating for the stock and retained the price target to $190.
