Nvidia Corp. (NASDAQ:NVDA) shares saw unusually-strong trading volume on Friday . Approximately 7,089,909 shares changed hands during trading, a decline of 26% from the previous session’s volume of 9,631,719 shares.The stock last traded at $52.76 and had previously closed at $53.32.

A number of analysts recently issued reports on NVDA shares. Jefferies Group increased their target price on shares of Nvidia Corp. from $40.00 to $42.00 and gave the stock a “buy” rating in a research report on Monday, April 4th. B. Riley reissued a “buy” rating and set a $44.00 target price (up previously from $37.00) on shares of Nvidia Corp. in a research report on Monday, April 4th. MKM Partners reissued a “buy” rating and set a $39.00 target price on shares of Nvidia Corp. in a research report on Monday, March 28th. Vetr raised shares of Nvidia Corp. from a “hold” rating to a “buy” rating and set a $35.52 target price for the company in a research report on Monday, March 21st. Finally, Bank of America Corp. reissued a “buy” rating on shares of Nvidia Corp. in a research report on Monday, March 21st. Three analysts have rated the stock with a sell rating, twelve have given a hold rating and seventeen have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $41.92.

The company has a 50 day moving average price of $47.85 and a 200-day moving average price of $37.00. The company has a market cap of $28.14 billion and a P/E ratio of 44.97.

Nvidia Corp. (NASDAQ:NVDA) last announced its quarterly earnings results on Thursday, May 12th. The computer hardware maker reported $0.46 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.32 by $0.14. The business earned $1.31 billion during the quarter, compared to the consensus estimate of $1.26 billion. The company’s quarterly revenue was up 13.5% compared to the same quarter last year. During the same period last year, the firm earned $0.33 EPS. Analysts anticipate that Nvidia Corp. will post $1.57 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Monday, June 20th. Shareholders of record on Thursday, May 26th were issued a $0.115 dividend. This represents a $0.46 annualized dividend and a yield of 0.87%. The ex-dividend date was Tuesday, May 24th.

In other Nvidia Corp. news, Director A Brooke Seawell sold 5,142 shares of the business’s stock in a transaction on Thursday, June 16th. The shares were sold at an average price of $47.01, for a total value of $241,725.42. Following the sale, the director now owns 6,213 shares of the company’s stock, valued at approximately $292,073.13. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Jen Hsun Huang sold 40,000 shares of the business’s stock in a transaction on Wednesday, May 11th. The shares were sold at an average price of $36.08, for a total transaction of $1,443,200.00. Following the completion of the sale, the chief executive officer now directly owns 1,817,279 shares in the company, valued at approximately $65,567,426.32. The disclosure for this sale can be found here.

Other large investors have made changes to their positions in the company. Russell Frank Co raised its stake in shares of Nvidia Corp. by 33.8% in the fourth quarter. Russell Frank Co now owns 274,765 shares of the computer hardware maker’s stock valued at $9,175,000 after buying an additional 69,352 shares during the period. Henderson Group PLC raised its stake in shares of Nvidia Corp. by 11.9% in the fourth quarter. Henderson Group PLC now owns 59,737 shares of the computer hardware maker’s stock valued at $1,969,000 after buying an additional 6,361 shares during the period. TD Asset Management Inc. raised its stake in shares of Nvidia Corp. by 0.4% in the fourth quarter. TD Asset Management Inc. now owns 274,591 shares of the computer hardware maker’s stock valued at $9,051,000 after buying an additional 1,148 shares during the period. PNC Financial Services Group Inc. raised its stake in shares of Nvidia Corp. by 70.4% in the fourth quarter. PNC Financial Services Group Inc. now owns 70,190 shares of the computer hardware maker’s stock valued at $2,314,000 after buying an additional 29,002 shares during the period. Finally, Teacher Retirement System of Texas raised its stake in shares of Nvidia Corp. by 330.8% in the fourth quarter. Teacher Retirement System of Texas now owns 124,145 shares of the computer hardware maker’s stock valued at $4,092,000 after buying an additional 95,326 shares during the period.

NVIDIA Corporation (NVIDIA) is engaged in visual computing. The Company operates through segments, including GPU and Tegra Processor. Its GPU businesses include GeForce for personal computer (PC) gaming; Quadro for design professionals working in computer-aided design, video editing, special effects and other creative applications; Tesla for deep learning and accelerated computing, leveraging the parallel computing capabilities of graphics processing units (GPUs) for general purpose computing, and GRID to provide the power of NVIDIA graphics through the cloud and datacenters.

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