NVIDIA Corporation $NVDA Shares Sold by Rise Advisors LLC

Rise Advisors LLC cut its stake in shares of NVIDIA Corporation (NASDAQ:NVDA) by 0.4% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 25,783 shares of the computer hardware maker’s stock after selling 100 shares during the quarter. NVIDIA makes up approximately 1.6% of Rise Advisors LLC’s portfolio, making the stock its 11th biggest position. Rise Advisors LLC’s holdings in NVIDIA were worth $4,073,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the business. Copia Wealth Management purchased a new stake in NVIDIA in the fourth quarter valued at approximately $50,000. Kathleen S. Wright Associates Inc. grew its holdings in NVIDIA by 169.3% during the first quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker’s stock worth $44,000 after acquiring an additional 254 shares during the period. Barnes Dennig Private Wealth Management LLC acquired a new position in NVIDIA during the first quarter worth $51,000. Bruce G. Allen Investments LLC grew its holdings 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 purchasing an additional 327 shares during the last quarter. Finally, Campbell Capital Management Inc. grew its holdings in NVIDIA by 5,900.0% in the first 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 during the last quarter. Hedge funds and other institutional investors own 65.27% of the company’s stock.

Insider Transactions at NVIDIA

In other news, Director Mark A. Stevens sold 297,797 shares of the stock in a transaction on 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 transaction, the director owned 7,749,803 shares of the company’s stock, valued at $1,380,937,396.57. This represents a 3.70% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Ajay K. Puri sold 168,195 shares of the stock in a transaction dated Wednesday, June 25th. The stock was sold at an average price of $152.64, for a total value of $25,673,284.80. Following the transaction, the executive vice president owned 4,018,547 shares of the company’s stock, valued at approximately $613,391,014.08. This trade represents a 4.02% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 4,020,022 shares of company stock valued at $677,418,500 in the last three months. 4.17% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several analysts have weighed in on the company. Cantor Fitzgerald reissued an “overweight” rating and issued a $240.00 target price on shares of NVIDIA in a report on Thursday, August 28th. Wall Street Zen upgraded NVIDIA from a “hold” rating to a “buy” rating in a report on Friday, September 5th. Wedbush restated an “outperform” rating and issued a $210.00 price objective on shares of NVIDIA in a report on Thursday, August 28th. Sanford C. Bernstein reiterated an “outperform” rating and issued a $225.00 target price (up previously from $185.00) on shares of NVIDIA in a research note on Thursday, August 28th. Finally, Jefferies Financial Group restated a “buy” rating on shares of NVIDIA in a research note on Friday, September 12th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-six have assigned a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $208.47.

NVIDIA Price Performance

NVDA opened at $176.67 on Friday. The company has a current ratio of 4.21, a quick ratio of 3.60 and a debt-to-equity ratio of 0.08. The stock has a fifty day moving average price of $175.73 and a 200 day moving average price of $143.44. The stock has a market cap of $4.29 trillion, a price-to-earnings ratio of 50.33, a PEG ratio of 1.27 and a beta of 2.10. NVIDIA Corporation has a 1 year low of $86.62 and a 1 year high of $184.48.

NVIDIA (NASDAQ:NVDA) last posted its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 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 posted $0.68 earnings per share. The firm’s revenue for the quarter was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. Analysts forecast that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Announces Dividend

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

About NVIDIA

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.