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 $452.7 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.
Summit Insights downgraded its NVIDIA Corp [NVDA] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who remained covering the stock and in late November has reiterated a ‘”an Overweight”‘ rating for it. Truist also remained covering NVDA and reiterated its “Buy” recommendation on November 21, 2024. The Benchmark Company 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 1.69% to $115.99. Over the last five days, the stock has lost -8.40%. NVIDIA Corp shares have fallen nearly -13.63% since the year began. Nevertheless, the stocks have risen 46.61% over the past one year. While a 52-week high of $153.13 was reached on 01/07/25, a 52-week low of $75.61 was recorded on 03/04/25. SMA at 50 days reached $132.88, while 200 days put it at $126.98.
Levels Of Support And Resistance For NVDA Stock
The 24-hour chart illustrates a support level at 110.96, which if violated will result in even more drops to 105.94. On the upside, there is a resistance level at 120.16. A further resistance level may holdings at 124.34. The Relative Strength Index (RSI) on the 14-day chart is 38.53, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -11.80, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 82.36%. Stochastics %K at 18.29% indicates the stock is a buying.
The most recent change occurred on November 21, 2024 when TD Cowen resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $175.
