Crispr Therapeutics shares tumble after significant earnings miss
Director Mark A. Stevens of NVIDIA CORP (NASDAQ:NVDA) sold 608,248 shares of common stock on June 18, 2025, for approximately $88.36 million. The shares were sold at prices ranging from $144.700 to $145.515, with the transaction occurring near NVIDIA’s 52-week high of $153.13. The semiconductor giant, currently valued at $3.51 trillion, maintains an "EXCELLENT" financial health rating according to InvestingPro analysis.
Following the transaction, Stevens directly owns 11,541,602 shares of NVIDIA CORP. He also indirectly owns 8,247,600 shares through the Third Millennium Trust, where he and his wife serve as co-trustees, and 16,070,550 shares through the Envy Trust, where he is the trustee. Want deeper insights into insider trading patterns and comprehensive analysis? InvestingPro offers exclusive access to detailed insider transaction history and 18+ additional key insights about NVIDIA’s financial performance and valuation.
In other recent news, Northrop Grumman Corporation (NYSE:NOC) is expanding its use of NVIDIA technology to enhance AI capabilities for spacecraft operations. The company plans to integrate these applications into the NVIDIA Omniverse simulation platform, aiming to develop AI robotics for complex tasks such as spacecraft docking and on-orbit inspection. Meanwhile, SandboxAQ, an AI startup spun out of Alphabet (NASDAQ:GOOGL)’s Google, has released a large dataset to accelerate drug discovery, utilizing NVIDIA chips to predict drug-protein binding more efficiently. This approach aims to tackle longstanding challenges in drug development by using synthetic data for AI model training.
Malaysia’s trade ministry is currently verifying reports about a Chinese company using NVIDIA AI chips in the country, following concerns about potential violations of local regulations. Barclays (LON:BARC) has raised its price target for NVIDIA to $200, citing potential revenue upside and positive supply chain feedback for the second half of 2023. The firm forecasts NVIDIA’s quarterly revenue to reach $42 billion for the third quarter and $48 billion for the fourth quarter, surpassing Wall Street consensus estimates. Additionally, the Magnificent Seven group of major US tech stocks, including NVIDIA, experienced a decline as investors moved towards safer assets amid geopolitical tensions between Israel and Iran.
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