NVIDIA Corporation $NVDA Holdings Reduced by Westbourne Investments Inc.

Westbourne Investments Inc. trimmed its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA) by 5.7% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 59,782 shares of the computer hardware maker’s stock after selling 3,588 shares during the period. NVIDIA makes up about 5.0% of Westbourne Investments Inc.’s investment portfolio, making the stock its largest holding. Westbourne Investments Inc.’s holdings in NVIDIA were worth $9,445,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. HFG Wealth Management LLC boosted its holdings in shares of NVIDIA by 3.4% during the 2nd quarter. HFG Wealth Management LLC now owns 2,075 shares of the computer hardware maker’s stock valued at $328,000 after acquiring an additional 68 shares during the last quarter. Burkett Financial Services LLC boosted its holdings in shares of NVIDIA by 1.3% during the 2nd quarter. Burkett Financial Services LLC now owns 5,450 shares of the computer hardware maker’s stock valued at $861,000 after acquiring an additional 70 shares during the last quarter. Elevate Wealth Advisory Inc. boosted its holdings in NVIDIA by 1.7% in the first quarter. Elevate Wealth Advisory Inc. now owns 4,617 shares of the computer hardware maker’s stock worth $500,000 after purchasing an additional 77 shares during the last quarter. Ehrlich Financial Group boosted its holdings in NVIDIA by 2.4% in the second quarter. Ehrlich Financial Group now owns 3,354 shares of the computer hardware maker’s stock worth $530,000 after purchasing an additional 80 shares during the last quarter. Finally, Earnest Partners LLC boosted its holdings in NVIDIA by 0.7% in the first quarter. Earnest Partners LLC now owns 11,334 shares of the computer hardware maker’s stock worth $1,228,000 after purchasing an additional 81 shares during the last quarter. 65.27% of the stock is owned by hedge funds and other institutional investors.

NVIDIA Stock Up 3.9%

Shares of NVDA stock opened at $183.61 on Tuesday. The stock has a market cap of $4.46 trillion, a P/E ratio of 52.31, a PEG ratio of 1.28 and a beta of 2.10. NVIDIA Corporation has a 52 week low of $86.62 and a 52 week high of $184.55. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08. The company’s fifty day simple moving average is $176.12 and its two-hundred day simple moving average is $144.35.

NVIDIA (NASDAQ:NVDA) last announced its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, topping the consensus estimate of $1.01 by $0.04. The business had revenue of $46.74 billion for the quarter, compared to analysts’ expectations of $45.65 billion. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The business’s quarterly revenue was up 55.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. Analysts predict that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th will be issued a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. The ex-dividend date of this dividend is Thursday, September 11th. NVIDIA’s dividend payout ratio is 1.14%.

Analyst Upgrades and Downgrades

NVDA has been the topic of a number of research reports. Robert W. Baird raised their price target on NVIDIA from $195.00 to $225.00 and gave the stock an “outperform” rating in a research note on Monday, August 25th. DA Davidson set a $210.00 target price on NVIDIA in a research report on Monday. UBS Group raised their target price on NVIDIA from $175.00 to $205.00 and gave the stock a “buy” rating in a research report on Thursday, August 21st. Oppenheimer reissued an “outperform” rating and issued a $225.00 target price (up from $200.00) on shares of NVIDIA in a research report on Thursday, August 28th. Finally, Wedbush reissued an “outperform” rating and issued a $210.00 price objective on shares of NVIDIA in a report on Thursday, August 28th. Four investment 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 assigned a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $208.47.

Insider Buying and Selling at NVIDIA

In related news, Director Stephen C. Neal sold 28,000 shares of the company’s stock in a transaction on Friday, September 12th. The shares were sold at an average price of $177.58, for a total transaction of $4,972,240.00. Following the sale, the director owned 143,410 shares of the company’s stock, valued at $25,466,747.80. This represents a 16.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Mark A. Stevens sold 297,797 shares of the company’s stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $178.19, for a total transaction of $53,064,447.43. Following the sale, the director owned 7,749,803 shares in the company, valued at $1,380,937,396.57. This represents a 3.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 4,109,874 shares of company stock worth $698,280,697. Company insiders own 4.17% of the company’s stock.

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.