Summit Insights Upgrades NVIDIA Corp (NVDA) to a Buy from a Hold

NVIDIA Corp’s filing revealed that its Director SEAWELL A BROOKE unloaded Company’s shares for reported $8.0 million on Jun 24 ’25. In the deal valued at $146.88 per share,54,467 shares were sold. As a result of this transaction, SEAWELL A BROOKE now holds 1,834,570 shares worth roughly $271.33 million.

Then, SEAWELL A BROOKE sold 55,681 shares, generating $7,999,893 in total proceeds. Upon selling the shares at $143.67, the Director now owns 1,889,037 shares.

Before that, SEAWELL A BROOKE sold 55,282 shares. NVIDIA Corp shares valued at $7,999,885 were divested by the Director at a price of $144.71 per share. As a result of the transaction, SEAWELL A BROOKE now holds 1,944,718 shares, worth roughly $287.62 million.

Summit Insights upgraded its NVIDIA Corp [NVDA] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including TD Cowen’s analysts, who remained covering the stock and in late May has reiterated a ‘”a Buy”‘ rating for it. Seaport Research Partners began covering NVDA with “Sell” recommendation on April 30, 2025. Raymond James maintained its rating on April 16, 2025. It rated NVDA as “a Strong buy”.

Price Performance Review of NVDA

On Tuesday, NVIDIA Corp [NASDAQ:NVDA] saw its stock jump 2.59% to $147.9. Over the last five days, the stock has gained 2.22%. NVIDIA Corp shares have risen nearly 13.09% since the year began. Nevertheless, the stocks have risen 10.13% over the past one year. While a 52-week high of $153.13 was reached on 01/07/25, a 52-week low of $86.62 was recorded on 04/07/25.

Levels Of Support And Resistance For NVDA Stock

The 24-hour chart illustrates a support level at 146.28, which if violated will result in even more drops to 144.66. On the upside, there is a resistance level at 148.74. A further resistance level may holdings at 149.58.

How much short interest is there in NVIDIA Corp?

A steep rise in short interest was recorded in NVIDIA Corp stocks on 2025-05-30, dropping by -20.42 million shares to a total of 229.34 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 249.77 million shares. There was a decline of -8.91%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on April 16, 2025 when BofA Securities resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $160.

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