WorthPointe LLC Sells 530 Shares of NVIDIA Corporation $NVDA

WorthPointe LLC trimmed its stake in NVIDIA Corporation (NASDAQ:NVDA) by 7.3% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,689 shares of the computer hardware maker’s stock after selling 530 shares during the period. WorthPointe LLC’s holdings in NVIDIA were worth $725,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the stock. American Financial & Tax Strategies Inc. bought a new position in shares of NVIDIA in the 1st quarter worth $594,000. Quadrant Private Wealth Management LLC grew its stake in NVIDIA by 3.4% during the 1st quarter. Quadrant Private Wealth Management LLC now owns 262,217 shares of the computer hardware maker’s stock worth $28,422,000 after buying an additional 8,547 shares during the last quarter. Sustainable Growth Advisers LP grew its stake in NVIDIA by 38.8% during the 1st quarter. Sustainable Growth Advisers LP now owns 7,136,607 shares of the computer hardware maker’s stock worth $773,465,000 after buying an additional 1,995,946 shares during the last quarter. M. Kulyk & Associates LLC grew its stake in NVIDIA by 1.1% during the 1st quarter. M. Kulyk & Associates LLC now owns 121,880 shares of the computer hardware maker’s stock worth $13,209,000 after buying an additional 1,373 shares during the last quarter. Finally, Loudon Investment Management LLC grew its stake in NVIDIA by 9.7% during the 1st quarter. Loudon Investment Management LLC now owns 1,985 shares of the computer hardware maker’s stock worth $215,000 after buying an additional 175 shares during the last quarter. 65.27% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several brokerages recently weighed in on NVDA. TD Cowen boosted their target price on NVIDIA from $140.00 to $235.00 and gave the stock a “buy” rating in a research note on Tuesday. UBS Group restated a “buy” rating on shares of NVIDIA in a research note on Friday, May 23rd. Benchmark restated a “buy” rating and set a $190.00 target price on shares of NVIDIA in a research note on Thursday, May 29th. Wells Fargo & Company boosted their target price on NVIDIA from $185.00 to $220.00 and gave the stock an “overweight” rating in a research note on Monday, August 11th. Finally, Needham & Company LLC boosted their target price on NVIDIA from $160.00 to $200.00 and gave the stock a “buy” rating in a research note on Wednesday, July 16th. Four research analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $189.97.

Insider Transactions at NVIDIA

In other news, CEO Jen Hsun Huang sold 75,000 shares of the company’s stock in a transaction dated 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 sale, the chief executive officer owned 72,848,225 shares in the company, valued at $13,095,196,926. This represents a 0.10% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Colette Kress sold 27,640 shares of the company’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 owned 2,956,876 shares in the company, valued at $526,501,340.56. The trade was a 0.93% decrease in their position. The disclosure for this sale can be found here. Insiders sold 5,912,440 shares of company stock worth $902,886,782 in the last 90 days. Company insiders own 4.17% of the company’s stock.

NVIDIA Stock Down 0.1%

NVIDIA stock opened at $175.40 on Thursday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 2.96 and a current ratio of 3.39. The business’s 50-day simple moving average is $166.03 and its two-hundred day simple moving average is $136.50. The company has a market cap of $4.28 trillion, a PE ratio of 56.58, a PEG ratio of 1.54 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.

NVIDIA (NASDAQ:NVDA) last issued its earnings results on Wednesday, May 28th. The computer hardware maker reported $0.81 EPS for the quarter, missing analysts’ consensus estimates of $0.87 by ($0.06). NVIDIA had a return on equity of 105.09% and a net margin of 51.69%.The company had revenue of $44.06 billion during the quarter, compared to analysts’ expectations of $43.09 billion. During the same quarter in the previous year, the company earned $0.61 EPS. The firm’s quarterly revenue was up 69.2% compared to the same quarter last year. NVIDIA has set its Q2 2026 guidance at EPS. Equities analysts anticipate that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, July 3rd. Stockholders of record on Wednesday, June 11th were paid a $0.01 dividend. The ex-dividend date was Wednesday, June 11th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.0%. NVIDIA’s dividend payout ratio is presently 1.29%.

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.