Woodstock Corp Trims Stock Position in NVIDIA Corporation $NVDA

Woodstock Corp decreased its position in NVIDIA Corporation (NASDAQ:NVDA) by 6.0% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 643,181 shares of the computer hardware maker’s stock after selling 40,951 shares during the quarter. NVIDIA accounts for 9.3% of Woodstock Corp’s portfolio, making the stock its biggest holding. Woodstock Corp’s holdings in NVIDIA were worth $101,616,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the company. Kathleen S. Wright Associates Inc. raised its holdings 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 buying an additional 254 shares during the period. Copia Wealth Management purchased a new stake in NVIDIA during the 4th quarter valued at $50,000. Barnes Dennig Private Wealth Management LLC purchased a new stake in NVIDIA during the 1st quarter valued at $51,000. Bruce G. Allen Investments LLC raised its holdings 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 buying an additional 327 shares during the period. Finally, Campbell Capital Management Inc. raised its holdings 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 buying an additional 590 shares during the period. Institutional investors own 65.27% of the company’s stock.

Insiders Place Their Bets

In other NVIDIA news, CFO Colette Kress sold 20,000 shares of the firm’s stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $176.40, for a total value of $3,528,000.00. Following the completion of the sale, the chief financial officer owned 143,060 shares of the company’s stock, valued at approximately $25,235,784. This trade represents a 12.27% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Stephen C. Neal sold 28,000 shares of the firm’s stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $177.58, for a total value of $4,972,240.00. Following the completion of the sale, the director directly owned 143,410 shares of the company’s stock, valued at approximately $25,466,747.80. This represents a 16.34% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 3,914,341 shares of company stock worth $662,228,310 in the last three months. Insiders own 4.17% of the company’s stock.

Analysts Set New Price Targets

NVDA has been the topic of several recent research reports. UBS Group increased their price target on NVIDIA from $175.00 to $205.00 and gave the company a “buy” rating in a report on Thursday, August 21st. Jefferies Financial Group restated a “buy” rating on shares of NVIDIA in a report on Friday, September 12th. DA Davidson upgraded NVIDIA from a “neutral” rating to a “buy” rating and increased their price target for the company from $195.00 to $210.00 in a report on Thursday, September 11th. Mizuho increased their target price on NVIDIA from $192.00 to $205.00 and gave the stock an “outperform” rating in a research note on Thursday, August 14th. Finally, Citigroup reduced their target price on NVIDIA from $210.00 to $200.00 and set a “buy” rating on the stock in a research note on Monday, September 8th. Four analysts have rated the stock with a Strong Buy rating, thirty-six have issued a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $208.47.

NVIDIA Price Performance

Shares of NVDA stock opened at $176.67 on Monday. NVIDIA Corporation has a 1-year low of $86.62 and a 1-year high of $184.48. The stock’s 50-day moving average is $175.73 and its 200 day moving average is $143.85. The company has a market cap of $4.29 trillion, a P/E 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 current ratio of 4.21 and a quick ratio of 3.60.

NVIDIA (NASDAQ:NVDA) last issued its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share for the quarter, beating 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 company had revenue of $46.74 billion for the quarter, compared to the consensus estimate of $45.65 billion. During the same quarter last year, the company earned $0.68 earnings per share. The firm’s revenue for the quarter was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. Research analysts predict that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement

The firm 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 annualized dividend and a yield of 0.0%. The ex-dividend date of this dividend is Thursday, September 11th. NVIDIA’s dividend payout ratio (DPR) is currently 1.14%.

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.