Babb Wealth Advisors LLC Lowers Stock Holdings in NVIDIA Corporation $NVDA

Babb Wealth Advisors LLC lowered its holdings in NVIDIA Corporation (NASDAQ:NVDA) by 7.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,896 shares of the computer hardware maker’s stock after selling 156 shares during the period. NVIDIA accounts for 0.2% of Babb Wealth Advisors LLC’s investment portfolio, making the stock its 19th biggest position. Babb Wealth Advisors LLC’s holdings in NVIDIA were worth $205,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Copia Wealth Management acquired a new position in NVIDIA in the fourth quarter valued at $50,000. LSV Asset Management acquired a new position in NVIDIA in the fourth quarter valued at $54,000. Barnes Dennig Private Wealth Management LLC acquired a new position in NVIDIA in the first quarter valued at $51,000. Bruce G. Allen Investments LLC boosted its holdings in NVIDIA by 198.2% in the first quarter. Bruce G. Allen Investments LLC now owns 492 shares of the computer hardware maker’s stock valued at $53,000 after acquiring an additional 327 shares during the last quarter. Finally, Delos Wealth Advisors LLC boosted its holdings in NVIDIA by 134.8% in the fourth quarter. Delos Wealth Advisors LLC now owns 493 shares of the computer hardware maker’s stock valued at $66,000 after acquiring an additional 283 shares during the last quarter. Hedge funds and other institutional investors own 65.27% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the company. Citigroup reiterated an “overweight” rating on shares of NVIDIA in a report on Monday. UBS Group reiterated a “buy” rating on shares of NVIDIA in a report on Friday, May 23rd. Wedbush restated an “outperform” rating on shares of NVIDIA in a research note on Thursday, May 29th. Loop Capital boosted their price objective on NVIDIA from $175.00 to $250.00 and gave the stock a “buy” rating in a research note on Wednesday, June 25th. Finally, Oppenheimer boosted their price objective on NVIDIA from $175.00 to $200.00 and gave the stock an “outperform” rating in a research note on Tuesday, July 15th. Four analysts have rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, NVIDIA presently has an average rating of “Moderate Buy” and an average price target of $189.28.

NVIDIA Stock Down 3.5%

Shares of NVIDIA stock opened at $175.64 on Wednesday. The company has a quick ratio of 2.96, a current ratio of 3.39 and a debt-to-equity ratio of 0.10. The firm has a market cap of $4.29 trillion, a P/E ratio of 56.66, a P/E/G ratio of 1.60 and a beta of 2.14. NVIDIA Corporation has a fifty-two week low of $86.62 and a fifty-two week high of $184.48. The business has a 50-day moving average price of $165.38 and a 200 day moving average price of $136.23.

NVIDIA (NASDAQ:NVDA) last announced its quarterly earnings data on Wednesday, May 28th. The computer hardware maker reported $0.81 earnings per share for the quarter, missing the consensus estimate of $0.87 by ($0.06). The firm had revenue of $44.06 billion during the quarter, compared to the consensus estimate of $43.09 billion. NVIDIA had a net margin of 51.69% and a return on equity of 105.09%. The firm’s quarterly revenue was up 69.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.61 earnings per share. NVIDIA has set its Q2 2026 guidance at EPS. On average, sell-side analysts forecast that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 3rd. Investors of record on Wednesday, June 11th were issued a $0.01 dividend. This represents a $0.04 annualized dividend and a yield of 0.0%. The ex-dividend date of this dividend was Wednesday, June 11th. NVIDIA’s payout ratio is currently 1.29%.

Insider Activity

In related news, CFO Colette Kress sold 27,640 shares of the business’s stock in a transaction dated Monday, August 4th. The stock was sold at an average price of $178.06, for a total value of $4,921,578.40. Following the completion of the sale, the chief financial officer directly owned 2,956,876 shares of the company’s stock, valued at $526,501,340.56. The trade was a 0.93% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Jen Hsun Huang sold 75,000 shares of the firm’s stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $179.76, for a total value of $13,482,000.00. Following the completion of the sale, the chief executive officer directly owned 72,848,225 shares in the company, valued at approximately $13,095,196,926. This trade represents a 0.10% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 5,912,440 shares of company stock valued at $902,886,782. 4.17% of the stock is owned by corporate insiders.

NVIDIA Company Profile

NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers 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 or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications.