NVIDIA Corporation $NVDA Shares Sold by Tarbox Family Office Inc.

Tarbox Family Office Inc. lessened its stake in NVIDIA Corporation (NASDAQ:NVDA) by 3.9% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 10,642 shares of the computer hardware maker’s stock after selling 427 shares during the period. Tarbox Family Office Inc.’s holdings in NVIDIA were worth $1,153,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in NVDA. Kathleen S. Wright Associates Inc. boosted its holdings in NVIDIA by 169.3% in the 1st quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker’s stock valued at $44,000 after purchasing an additional 254 shares in the last quarter. Copia Wealth Management purchased a new stake in NVIDIA in the 4th quarter valued at approximately $50,000. Barnes Dennig Private Wealth Management LLC purchased a new stake in NVIDIA in the 1st quarter valued at approximately $51,000. Bruce G. Allen Investments LLC boosted its holdings in NVIDIA by 198.2% in the 1st quarter. Bruce G. Allen Investments LLC now owns 492 shares of the computer hardware maker’s stock valued at $53,000 after purchasing an additional 327 shares in the last quarter. Finally, LSV Asset Management purchased a new stake in NVIDIA in the 4th quarter valued at approximately $54,000. Institutional investors and hedge funds own 65.27% of the company’s stock.

NVIDIA Trading Down 3.3%

NASDAQ:NVDA opened at $174.18 on Friday. The business’s 50-day moving average is $170.83 and its two-hundred day moving average is $139.08. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.21 and a quick ratio of 2.96. NVIDIA Corporation has a 12 month low of $86.62 and a 12 month high of $184.48. The firm has a market capitalization of $4.23 trillion, a PE ratio of 49.62, a price-to-earnings-growth ratio of 1.52 and a beta of 2.14.

NVIDIA (NASDAQ:NVDA) last announced its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.01 by $0.04. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The business had revenue of $46.74 billion for the quarter, compared to analyst estimates of $45.65 billion. During the same period in the previous year, the company earned $0.68 earnings per share. The company’s revenue for the quarter was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. Research analysts predict that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 2nd. Investors of record on Thursday, September 11th will be paid a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. The ex-dividend date is Thursday, September 11th. NVIDIA’s dividend payout ratio (DPR) is 1.14%.

Analysts Set New Price Targets

A number of brokerages have weighed in on NVDA. Rosenblatt Securities lifted their price objective on NVIDIA from $200.00 to $215.00 and gave the company a “buy” rating in a report on Thursday. KeyCorp reissued an “overweight” rating and set a $230.00 price target (up previously from $215.00) on shares of NVIDIA in a research note on Thursday. Robert W. Baird boosted their price target on NVIDIA from $195.00 to $225.00 and gave the stock an “outperform” rating in a research note on Monday, August 25th. Evercore ISI boosted their price target on NVIDIA from $190.00 to $214.00 and gave the stock an “outperform” rating in a research note on Friday, August 22nd. Finally, Wedbush reissued an “outperform” rating and set a $210.00 price target on shares of NVIDIA in a research note on Thursday. Four analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, NVIDIA has an average rating of “Moderate Buy” and an average price target of $207.69.

Insider Transactions at NVIDIA

In other NVIDIA news, Director Tench Coxe sold 1,000,000 shares of the firm’s stock in a transaction dated Monday, June 9th. The shares were sold at an average price of $142.80, for a total value of $142,800,000.00. Following the transaction, the director owned 26,671,360 shares of the company’s stock, valued at $3,808,670,208. This trade represents a 3.61% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Jen Hsun Huang sold 75,000 shares of NVIDIA stock in a transaction that occurred on Wednesday, June 25th. The shares were sold at an average price of $152.54, for a total value of $11,440,500.00. Following the sale, the chief executive officer directly owned 75,548,225 shares in the company, valued at approximately $11,524,126,241.50. This trade represents a 0.10% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 5,862,440 shares of company stock valued at $896,145,782 over the last ninety days. 4.17% of the stock is currently owned by company insiders.

NVIDIA 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.