Nvidia Board Member Persis Drell Resigns, Holds $26 Million in Shares
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 5h ago
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Source: Newsfilter
- Board Member Change: Nvidia board member Persis Drell resigned on Wednesday, reducing the board to 10 members, including CEO Jensen Huang, with the resignation not stemming from any disagreement regarding company operations or policies.
- Reason for Resignation: Drell stepped down to pursue a 'new professional opportunity,' indicating stability and transparency in corporate governance without any internal disputes.
- Shareholding Details: Drell owns nearly 143,000 Nvidia shares valued at approximately $26 million and received about $344,000 in compensation for her board work last year, including nearly $259,000 in stock awards, highlighting her significance within the company.
- Company Performance: Nvidia's stock price has surged over 22,000% since the end of 2015, establishing it as the most valuable company globally, reflecting its strong growth potential amid the artificial intelligence boom.
Analyst Views on NVDA
Wall Street analysts forecast NVDA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NVDA is 264.97 USD with a low forecast of 200.00 USD and a high forecast of 352.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
41 Analyst Rating
39 Buy
1 Hold
1 Sell
Strong Buy
Current: 184.840
Low
200.00
Averages
264.97
High
352.00
Current: 184.840
Low
200.00
Averages
264.97
High
352.00
About NVDA
NVIDIA Corporation is a full-stack computing infrastructure company. The Company is engaged in accelerated computing to help solve the challenging computational problems. The Company’s segments include Compute & Networking and Graphics. The Compute & Networking segment includes its Data Center accelerated computing platforms and artificial intelligence (AI) solutions and software; networking; automotive platforms and autonomous and electric vehicle solutions; Jetson for robotics and other embedded platforms, and DGX Cloud computing services. The Graphics segment includes GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems, and Omniverse Enterprise software for building and operating industrial AI and digital twin applications.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.








