Advisors Asset Management Inc. Lowers Holdings in NVIDIA Corporation $NVDA

Advisors Asset Management Inc. cut its position in NVIDIA Corporation (NASDAQ:NVDA) by 12.8% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 166,133 shares of the computer hardware maker’s stock after selling 24,345 shares during the quarter. Advisors Asset Management Inc.’s holdings in NVIDIA were worth $18,005,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Kathleen S. Wright Associates Inc. lifted its stake 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 worth $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 worth approximately $50,000. Barnes Dennig Private Wealth Management LLC purchased a new stake in shares of NVIDIA during the 1st quarter valued at $51,000. Bruce G. Allen Investments LLC raised its position in shares of NVIDIA by 198.2% during the 1st quarter. Bruce G. Allen Investments LLC now owns 492 shares of the computer hardware maker’s stock valued at $53,000 after buying an additional 327 shares in the last quarter. Finally, Campbell Capital Management Inc. raised its position in shares of NVIDIA by 5,900.0% during the 1st quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker’s stock valued at $65,000 after buying an additional 590 shares in the last quarter. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. JPMorgan Chase & Co. restated an “overweight” rating and set a $215.00 price objective on shares of NVIDIA in a research report on Thursday, September 4th. KeyCorp restated an “overweight” rating and set a $230.00 price objective (up previously from $215.00) on shares of NVIDIA in a research report on Thursday, August 28th. BNP Paribas upgraded shares of NVIDIA to a “hold” rating in a research report on Friday, August 1st. Mizuho raised their price objective on shares of NVIDIA from $192.00 to $205.00 and gave the company an “outperform” rating in a research report on Thursday, August 14th. Finally, Arete Research upgraded shares of NVIDIA to a “strong-buy” rating in a research report on Wednesday, May 21st. Four analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $207.83.

NVIDIA Price Performance

Shares of NVIDIA stock opened at $177.82 on Friday. The firm has a market cap of $4.32 trillion, a PE ratio of 50.66, a price-to-earnings-growth ratio of 1.29 and a beta of 2.10. NVIDIA Corporation has a 12-month low of $86.62 and a 12-month high of $184.48. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08. The company’s fifty day simple moving average is $174.42 and its two-hundred day simple moving average is $141.58.

NVIDIA (NASDAQ:NVDA) last announced its quarterly 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. 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%. The company’s revenue was up 55.6% on a year-over-year basis. During the same quarter last year, the firm earned $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. As a group, equities analysts expect that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Dividend Announcement

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

Insiders Place Their Bets

In other NVIDIA news, CEO Jen Hsun Huang sold 75,000 shares of the firm’s stock in a transaction on Wednesday, September 10th. The shares were sold at an average price of $177.57, for a total value of $13,317,750.00. Following the sale, the chief executive officer owned 72,248,366 shares of the company’s stock, valued at $12,829,142,350.62. This trade represents a 0.10% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Dawn E. Hudson sold 18,000 shares of NVIDIA stock in a transaction dated Wednesday, September 3rd. The shares were sold at an average price of $172.00, for a total transaction of $3,096,000.00. Following the sale, the director directly owned 368,887 shares in the company, valued at $63,448,564. The trade was a 4.65% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 3,907,755 shares of company stock worth $633,253,430. Insiders own 4.17% of the company’s stock.

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.