Everett Harris & Co. CA Has $4.18 Million Stake in NVIDIA Corporation $NVDA

Everett Harris & Co. CA trimmed its stake in shares of NVIDIA Corporation (NASDAQ:NVDA) by 1.2% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 38,567 shares of the computer hardware maker’s stock after selling 471 shares during the period. Everett Harris & Co. CA’s holdings in NVIDIA were worth $4,180,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Rezny Wealth Management Inc. raised its holdings in shares of NVIDIA by 14.4% during the first quarter. Rezny Wealth Management Inc. now owns 15,659 shares of the computer hardware maker’s stock worth $1,697,000 after acquiring an additional 1,974 shares during the period. Brookmont Capital Management raised its holdings in shares of NVIDIA by 1.4% during the first quarter. Brookmont Capital Management now owns 8,430 shares of the computer hardware maker’s stock worth $914,000 after acquiring an additional 120 shares during the period. Nicholson Wealth Management Group LLC raised its holdings in shares of NVIDIA by 18.0% during the first quarter. Nicholson Wealth Management Group LLC now owns 2,065 shares of the computer hardware maker’s stock worth $224,000 after acquiring an additional 315 shares during the period. NS Partners Ltd raised its holdings in shares of NVIDIA by 1.5% during the first quarter. NS Partners Ltd now owns 1,530,632 shares of the computer hardware maker’s stock worth $165,890,000 after acquiring an additional 23,019 shares during the period. Finally, Savvy Advisors Inc. raised its holdings in shares of NVIDIA by 2.4% during the first quarter. Savvy Advisors Inc. now owns 657,991 shares of the computer hardware maker’s stock worth $71,313,000 after acquiring an additional 15,586 shares during the period. 65.27% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at NVIDIA

In related news, Director Mark A. Stevens sold 608,248 shares of the company’s stock in a transaction dated Wednesday, June 18th. The shares were sold at an average price of $145.26, for a total value of $88,354,104.48. Following the transaction, the director owned 8,247,600 shares in the company, valued at approximately $1,198,046,376. This represents a 6.87% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Jen Hsun Huang sold 75,000 shares of the company’s stock in a transaction dated Wednesday, June 25th. The shares were sold at an average price of $152.54, for a total transaction of $11,440,500.00. Following the completion of the transaction, the chief executive officer 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. In the last 90 days, insiders have sold 3,682,755 shares of company stock worth $594,406,430. Insiders own 4.17% of the company’s stock.

Analysts Set New Price Targets

NVDA has been the topic of several recent research reports. Citigroup reiterated a “buy” rating and issued a $210.00 price target (up from $190.00) on shares of NVIDIA in a research note on Thursday, August 28th. Arete Research upgraded shares of NVIDIA to a “strong-buy” rating in a research note on Wednesday, May 21st. Raymond James Financial lifted their price target on shares of NVIDIA from $150.00 to $165.00 and gave the company a “strong-buy” rating in a research note on Thursday, May 29th. Rosenblatt Securities lifted their price target on shares of NVIDIA from $200.00 to $215.00 and gave the company a “buy” rating in a research note on Thursday, August 28th. Finally, DA Davidson lifted their price target on shares of NVIDIA from $135.00 to $195.00 and gave the company a “neutral” rating in a research note on Thursday, August 28th. Four research analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $207.69.

NVIDIA Stock Down 2.7%

Shares of NVDA stock opened at $167.02 on Monday. 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 firm’s 50-day moving average is $172.73 and its 200-day moving average is $140.21. The stock has a market cap of $4.06 trillion, a price-to-earnings ratio of 47.58, a PEG ratio of 1.21 and a beta of 2.10. NVIDIA Corporation has a 52-week low of $86.62 and a 52-week high of $184.48.

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

NVIDIA Dividend Announcement

The business 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. The ex-dividend date is Thursday, September 11th. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. NVIDIA’s dividend payout ratio is 1.14%.

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.