David J Yvars Group decreased its position in shares of NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 0.3% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 93,249 shares of the computer hardware maker’s stock after selling 244 shares during the period. NVIDIA accounts for about 8.6% of David J Yvars Group’s investment portfolio, making the stock its 3rd largest position. David J Yvars Group’s holdings in NVIDIA were worth $14,732,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Seneca House Advisors raised its stake in NVIDIA by 71.4% during the 2nd quarter. Seneca House Advisors now owns 3,864 shares of the computer hardware maker’s stock worth $610,000 after acquiring an additional 1,609 shares during the period. StrongBox Wealth LLC raised its stake in NVIDIA by 0.9% during the 2nd quarter. StrongBox Wealth LLC now owns 21,775 shares of the computer hardware maker’s stock worth $3,440,000 after acquiring an additional 194 shares during the period. Lifelong Wealth Advisors Inc. raised its position in shares of NVIDIA by 47.9% during the second quarter. Lifelong Wealth Advisors Inc. now owns 5,220 shares of the computer hardware maker’s stock valued at $825,000 after buying an additional 1,691 shares during the last quarter. Aaron Wealth Advisors LLC raised its position in shares of NVIDIA by 7.1% during the second quarter. Aaron Wealth Advisors LLC now owns 150,018 shares of the computer hardware maker’s stock valued at $23,701,000 after buying an additional 10,003 shares during the last quarter. Finally, Financiere des Professionnels Fonds d investissement inc. increased its position in NVIDIA by 76.4% in the second quarter. Financiere des Professionnels Fonds d investissement inc. now owns 176,046 shares of the computer hardware maker’s stock worth $27,814,000 after purchasing an additional 76,247 shares during the last quarter. Institutional investors own 65.27% of the company’s stock.
Insiders Place Their Bets
In other news, Director Mark A. Stevens sold 297,797 shares of the stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $178.19, for a total transaction of $53,064,447.43. Following the transaction, the director owned 7,749,803 shares in the company, valued at $1,380,937,396.57. This trade represents a 3.70% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Harvey C. Jones sold 250,000 shares of the stock in a transaction that occurred on Thursday, September 18th. The shares were sold at an average price of $176.21, for a total value of $44,052,500.00. Following the transaction, the director owned 7,183,280 shares in the company, valued at $1,265,765,768.80. This trade represents a 3.36% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 4,109,874 shares of company stock worth $698,280,697. Corporate insiders own 4.17% of the company’s stock.
NVIDIA Price Performance
NVIDIA (NASDAQ:NVDA – Get Free Report) last issued its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS 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 firm had revenue of $46.74 billion for the quarter, compared to analyst estimates of $45.65 billion. During the same quarter in the prior year, the firm earned $0.68 earnings per share. NVIDIA’s revenue for the quarter was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. On average, sell-side analysts expect that NVIDIA Corporation will post 2.77 earnings per share for the current year.
NVIDIA Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 2nd. Stockholders 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 dividend yield of 0.0%. NVIDIA’s dividend payout ratio (DPR) is 1.14%.
Analyst Upgrades and Downgrades
Several equities research analysts recently weighed in on NVDA shares. KeyCorp restated an “overweight” rating and issued a $230.00 price target (up previously from $215.00) on shares of NVIDIA in a research report on Thursday, August 28th. TD Cowen lifted their price objective on shares of NVIDIA from $140.00 to $235.00 and gave the stock a “buy” rating in a research note on Tuesday, August 19th. Morgan Stanley lifted their price objective on shares of NVIDIA from $206.00 to $210.00 and gave the stock an “overweight” rating in a research note on Thursday, August 28th. Stifel Nicolaus lifted their price objective on shares of NVIDIA from $202.00 to $212.00 and gave the stock a “buy” rating in a research note on Monday, August 25th. Finally, The Goldman Sachs Group reissued a “buy” rating and set a $200.00 target price on shares of NVIDIA in a research note on Wednesday, August 27th. Four investment 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 issued a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $208.47.
View Our Latest Analysis on NVIDIA
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.
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