Twele Capital Management Inc. Sells 1,334 Shares of NVIDIA Corporation $NVDA

Twele Capital Management Inc. cut its position in shares of NVIDIA Corporation (NASDAQ:NVDA) by 50.0% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,334 shares of the computer hardware maker’s stock after selling 1,334 shares during the period. Twele Capital Management Inc.’s holdings in NVIDIA were worth $211,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Kathleen S. Wright Associates Inc. raised its position in NVIDIA by 169.3% during 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 bought a new stake in NVIDIA during the 4th quarter valued at $50,000. Barnes Dennig Private Wealth Management LLC bought a new stake in NVIDIA during the 1st quarter valued at $51,000. Bruce G. Allen Investments LLC raised its position in 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 purchasing an additional 327 shares in the last quarter. Finally, Campbell Capital Management Inc. raised its position in 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 purchasing an additional 590 shares in the last quarter. 65.27% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, CEO Jen Hsun Huang sold 75,000 shares of the company’s stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $176.57, for a total value of $13,242,750.00. Following the sale, the chief executive officer owned 72,023,366 shares in the company, valued at $12,717,165,734.62. 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, Director Mark A. Stevens sold 297,797 shares of the company’s stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $178.19, for a total value of $53,064,447.43. Following the completion of the sale, the director owned 7,749,803 shares in the company, valued at $1,380,937,396.57. The trade was a 3.70% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 3,819,522 shares of company stock worth $642,506,300 over the last ninety days. 4.17% of the stock is owned by corporate insiders.

NVIDIA Stock Up 3.5%

NVIDIA stock opened at $176.24 on Friday. 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 business’s 50-day simple moving average is $175.50 and its two-hundred day simple moving average is $143.02. The company has a market cap of $4.28 trillion, a PE ratio of 50.21, a PEG ratio of 1.23 and a beta of 2.10. NVIDIA Corporation has a fifty-two week low of $86.62 and a fifty-two week high of $184.48.

NVIDIA (NASDAQ:NVDA) last posted its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share for the quarter, beating the consensus estimate 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 the consensus estimate of $45.65 billion. During the same quarter in the previous year, the business earned $0.68 EPS. The company’s quarterly revenue was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 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 will be paid on Thursday, October 2nd. Stockholders 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 dividend yield of 0.0%. NVIDIA’s dividend payout ratio is presently 1.14%.

Wall Street Analyst Weigh In

NVDA has been the subject of several recent research reports. Summit Insights raised NVIDIA from a “hold” rating to a “buy” rating in a research report on Thursday, May 29th. Rosenblatt Securities boosted their price target on NVIDIA from $200.00 to $215.00 and gave the stock a “buy” rating in a research report on Thursday, August 28th. 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 report on Monday, August 25th. Wedbush reissued an “outperform” rating and issued a $210.00 price target on shares of NVIDIA in a research report on Thursday, August 28th. Finally, Loop Capital boosted their price target on NVIDIA from $175.00 to $250.00 and gave the stock a “buy” rating in a research report on Wednesday, June 25th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-six have given a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $208.47.

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.