Ajay Puri Sells Shares of NVIDIA Corporation
Ajay Puri, EVP of Worldwide Field Ops at NVIDIA, sold 36,927 shares valued at $7.66 million.
Key Points
- Ajay Puri, EVP at NVIDIA, sold 36,927 shares worth approximately $7.66 million on June 17, 2026.
- NVIDIA's stock traded at $208.71 on Tuesday, with a market cap of $5.05 trillion and a P/E ratio of 31.95.
- Analysts maintain a strong buy consensus on NVIDIA with a mean price target of $298.93.
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Ajay Puri, the Executive Vice President of Worldwide Field Operations at NVIDIA Corporation, sold 36,927 shares of the company on June 17, 2026. The transaction was valued at approximately $7.66 million, with an average sale price of $207.41 per share. This sale was not part of a pre-arranged trading plan.
Insider Buying and Selling at NVIDIA Corporation
On the same day, several other NVIDIA executives also sold shares. Colette Kress, the EVP and CFO, sold 40,746 shares, while Debora Shoquist, EVP of Operations, sold 35,012 shares. Timothy Teter, EVP and General Counsel, sold 35,742 shares, and CEO Jen-Hsun Huang sold 457,723 shares on June 16, 2026. These transactions were also not part of a trading plan.
NVIDIA Corporation Stock Down 7.6%
Shares of NasdaqGS:NVDA traded near $208.71 on Tuesday. NVIDIA Corporation, with a market cap of approximately $5.05 trillion, has a P/E ratio of 31.95 and a forward P/E of 16.39. The stock's 52-week range is between $142.03 and $236.54. Its 50-day moving average stands at $209.31, while the 200-day moving average is $189.90. The company maintains a current ratio of 3.44 and a quick ratio of 2.14, with a debt-to-equity ratio of 6.56.
$NVDA stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
NVIDIA reported revenue of $253.49 billion, reflecting a growth rate of 85.2%. The company's net margin stands at 62.97%, with a return on equity of 114.29%. Its earnings per share (EPS) are $6.53. NVIDIA is scheduled to release its next earnings report on August 26, 2026.
Analysts Set New Price Targets
On June 5, 2026, China Renaissance initiated coverage on NVIDIA with a "buy" rating and a price target of $319. UBS, Evercore ISI Group, and RBC Capital, among others, maintained their "buy" ratings with targets ranging from $270 to $425. The consensus among 59 analysts is a "strong buy," with a mean price target of $298.93.
About NVIDIA Corporation
NVIDIA Corporation is a leading technology company based in Santa Clara, California. It specializes in semiconductors and operates through Compute & Networking and Graphics segments. The company offers AI infrastructure, GPUs for gaming and professional graphics, and solutions for autonomous vehicles. Founded in 1993, NVIDIA serves a global market, including the U.S., Taiwan, and Europe, and employs around 42,000 people under CEO Jen-Hsun Huang.
Bottom Line
Ajay Puri's recent sale of NVIDIA shares is part of a broader trend among company executives. Investors often keep an eye on insider transactions as they can provide insights into the company's internal sentiment. NVIDIA remains a significant player in the tech sector, with strong earnings and a positive analyst outlook. However, it's important to remember that insider sales do not necessarily indicate negative prospects for the company.
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