NVIDIA Corp’s filing revealed that its Director BURGESS ROBERT K unloaded Company’s shares for reported $6.16 million on Mar 13 ’25. In the deal valued at $115.49 per share,53,324 shares were sold. As a result of this transaction, BURGESS ROBERT K now holds 251,044 shares worth roughly $28.98 million.
Then, BURGESS ROBERT K bought 53,324 shares, generating $6,158,407 in total proceeds.
Before that, Dabiri John sold 2,663 shares. NVIDIA Corp shares valued at $292,930 were divested by the Director at a price of $110.00 per share. As a result of the transaction, Dabiri John now holds 17,279 shares, worth roughly $1.99 million.
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 fall -3.43% to $115.43. Over the last five days, the stock has gained 6.13%. NVIDIA Corp shares have fallen nearly -14.04% since the year began. Nevertheless, the stocks have risen 31.25% 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 03/11/25. SMA at 50 days reached $128.54, while 200 days put it at $127.67.
Levels Of Support And Resistance For NVDA Stock
The 24-hour chart illustrates a support level at 113.64, which if violated will result in even more drops to 111.85. On the upside, there is a resistance level at 118.12. A further resistance level may holdings at 120.81. The Relative Strength Index (RSI) on the 14-day chart is 44.03, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.21, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 64.75%. Stochastics %K at 46.65% indicates the stock is a holding.
How much short interest is there in NVIDIA Corp?
A steep rise in short interest was recorded in NVIDIA Corp stocks on 2025-02-28, dropping by -30.08 million shares to a total of 241.36 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 271.44 million shares. There was a decline of -12.46%, which implies that there is a negative sentiment for the stock.
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.
