Key insights
- Nvidia's EVP Puri sold $54.7M in NVDA stock, alongside $12.6M for tax obligations. Despite this, analysts remain largely positive, with Wolfe Research reiterating an Outperform rating and Raymond James raising its price target. However, Super Micro Computer faces legal challenges related to alleged illegal diversion of Nvidia GPUs to China, potentially impacting sentiment around AI-related stocks.
Nvidia (NASDAQ:NVDA) Executive Vice President, Worldwide Field Operations, Ajay K. Puri, sold a total of 299,970 shares of common stock on March 18, 2026, for approximately $54.7 million. The sales occurred in multiple transactions with prices ranging from $181.312 to $182.9386. The insider sale comes as the stock trades at $173, down from its 52-week high of $212 but still up nearly 47% over the past year.
On the same day, Puri also disposed of 69,529 shares of Nvidia common stock to cover tax obligations related to vesting restricted stock units. The transaction was valued at $12.6 million, with a price of $181.93 per share.According to InvestingPro analysis, Nvidia appears undervalued at current levels, with 32 analysts recently revising earnings upwards. The company maintains a P/E ratio of 35.36 with strong growth prospects ahead.
In other recent news, Super Micro Computer faced significant legal challenges as federal prosecutors in New York charged co-founder Wally Liaw and two others with conspiring to illegally divert AI technology, specifically Nvidia GPUs, to China. The indictment claims the scheme involved $2.5 billion worth of AI servers, allegedly violating U.S. export control rules. Despite these developments, Bernstein SocGen Group reiterated a Market Perform rating for Super Micro Computer, maintaining a price target of $37.00.
Meanwhile, Nvidia has been the focus of positive analyst attention. Wolfe Research reiterated an Outperform rating, with a price target of $275.00, highlighting potential upside in Nvidia’s datacenter business. Argus also reiterated a Buy rating, projecting $1 trillion in GPU revenue by 2027, following Nvidia’s GTC 2026 conference. Raymond James increased its price target for Nvidia to $323, citing management’s optimistic outlook for cumulative GPU sales through 2027.
Additionally, Qnity Electronics announced a collaboration with Nvidia to advance AI-driven innovation in semiconductor and advanced electronics materials research. This partnership aims to enhance materials research using Nvidia’s cutting-edge technologies across the semiconductor value chain.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.