Atlantic Private Wealth LLC Sells 100 Shares of NVIDIA Corporation $NVDA

Atlantic Private Wealth LLC cut its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA) by 9.0% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,005 shares of the computer hardware maker’s stock after selling 100 shares during the quarter. Atlantic Private Wealth LLC’s holdings in NVIDIA were worth $109,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the business. Copia Wealth Management bought a new position in NVIDIA in the fourth quarter valued at approximately $50,000. LSV Asset Management bought a new position in NVIDIA in the fourth quarter valued at approximately $54,000. Kathleen S. Wright Associates Inc. increased its stake in NVIDIA by 169.3% in the first quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker’s stock valued at $44,000 after acquiring an additional 254 shares during the last quarter. Barnes Dennig Private Wealth Management LLC bought a new position in NVIDIA in the first quarter valued at approximately $51,000. Finally, Bruce G. Allen Investments LLC increased its stake 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. 65.27% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of analysts have weighed in on the stock. BNP Paribas raised shares of NVIDIA to a “hold” rating in a research note on Friday, August 1st. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $240.00 target price on shares of NVIDIA in a research note on Thursday, August 28th. Wedbush reaffirmed an “outperform” rating and set a $210.00 target price on shares of NVIDIA in a research note on Thursday, August 28th. Phillip Securities raised shares of NVIDIA from a “moderate buy” rating to a “strong-buy” rating in a research note on Monday, July 14th. Finally, Truist Financial boosted their target price on shares of NVIDIA from $210.00 to $228.00 and gave the stock a “buy” rating in a research note on Thursday, August 28th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $207.69.

NVIDIA Stock Down 2.7%

Shares of NASDAQ NVDA opened at $167.02 on Friday. The company has a market capitalization of $4.06 trillion, a P/E ratio of 47.58, a price-to-earnings-growth ratio of 1.25 and a beta of 2.10. NVIDIA Corporation has a 52-week low of $86.62 and a 52-week high of $184.48. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.60 and a current ratio of 4.21. The company’s 50 day moving average price is $172.73 and its 200-day moving average price is $140.20.

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

NVIDIA Announces Dividend

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

Insider Activity

In related news, Director Tench Coxe sold 1,000,000 shares of the business’s stock in a transaction on 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 in the company, valued at $3,808,670,208. The trade was a 3.61% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Mark A. Stevens sold 608,248 shares of the business’s stock in a transaction on Wednesday, June 18th. The shares were sold at an average price of $145.26, for a total transaction of $88,354,104.48. Following the completion of the transaction, the director owned 8,247,600 shares in the company, valued at approximately $1,198,046,376. The trade was a 6.87% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 4,872,755 shares of company stock worth $764,283,330 in the last three months. Corporate insiders own 4.17% of the company’s stock.

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.