NVIDIA Corporation $NVDA Stake Lowered by MassMutual Private Wealth & Trust FSB

MassMutual Private Wealth & Trust FSB cut its stake in NVIDIA Corporation (NASDAQ:NVDA) by 1.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,112,866 shares of the computer hardware maker’s stock after selling 21,875 shares during the quarter. NVIDIA makes up 4.7% of MassMutual Private Wealth & Trust FSB’s portfolio, making the stock its 2nd biggest holding. MassMutual Private Wealth & Trust FSB’s holdings in NVIDIA were worth $175,822,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of NVDA. Kathleen S. Wright Associates Inc. increased its stake in shares of NVIDIA by 169.3% during 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 during the last quarter. Copia Wealth Management acquired a new stake in shares of NVIDIA in the fourth quarter worth about $50,000. Barnes Dennig Private Wealth Management LLC bought a new stake in shares of NVIDIA during the 1st quarter worth about $51,000. Bruce G. Allen Investments LLC increased its holdings 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 acquiring an additional 327 shares during the last quarter. Finally, Campbell Capital Management Inc. raised its stake in shares of NVIDIA by 5,900.0% in the 1st quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker’s stock valued at $65,000 after acquiring an additional 590 shares in the last quarter. Institutional investors and hedge funds own 65.27% of the company’s stock.

NVIDIA Stock Up 0.2%

NVDA opened at $176.67 on Friday. The firm has a market cap of $4.29 trillion, a price-to-earnings ratio of 50.33, a PEG ratio of 1.28 and a beta of 2.10. 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 simple moving average is $175.73 and its 200-day simple moving average is $143.62. NVIDIA Corporation has a twelve month low of $86.62 and a twelve month high of $184.48.

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, beating the consensus estimate of $1.01 by $0.04. The firm had revenue of $46.74 billion during the quarter, compared to the consensus estimate of $45.65 billion. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The firm’s quarterly revenue was up 55.6% on a year-over-year basis. During the same period last year, the firm posted $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. Equities research analysts anticipate that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 2nd. Investors of record on Thursday, September 11th will be given a dividend of $0.01 per share. 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%.

Analysts Set New Price Targets

NVDA has been the subject of a number of recent analyst reports. Bank of America upped their target price on NVIDIA from $220.00 to $235.00 and gave the stock a “buy” rating in a research report on Thursday, August 28th. BNP Paribas raised shares of NVIDIA to a “hold” rating in a report on Friday, August 1st. DA Davidson upgraded shares of NVIDIA from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $195.00 to $210.00 in a report on Thursday, September 11th. Loop Capital boosted their target price on shares of NVIDIA from $175.00 to $250.00 and gave the stock a “buy” rating in a research report on Wednesday, June 25th. Finally, Wall Street Zen raised NVIDIA from a “hold” rating to a “buy” rating in a research report on Friday, September 5th. Four analysts have rated the stock with a Strong Buy rating, thirty-six have assigned a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, NVIDIA currently has an average rating of “Moderate Buy” and a consensus price target of $208.47.

Insiders Place Their Bets

In other NVIDIA news, Director Mark A. Stevens sold 297,797 shares of the business’s 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 approximately $1,380,937,396.57. The trade was a 3.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Colette Kress sold 30,500 shares of the stock in a transaction on Friday, September 19th. The stock was sold at an average price of $176.40, for a total value of $5,380,200.00. Following the sale, the chief financial officer owned 2,883,402 shares in the company, valued at $508,632,112.80. The trade was a 1.05% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 4,020,022 shares of company stock valued at $677,418,500. Company 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.