NVIDIA Corporation $NVDA Shares Sold by Werlinich Asset Management LLC

Werlinich Asset Management LLC lessened its stake in NVIDIA Corporation (NASDAQ:NVDA) by 0.1% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 227,095 shares of the computer hardware maker’s stock after selling 250 shares during the period. NVIDIA comprises approximately 19.6% of Werlinich Asset Management LLC’s portfolio, making the stock its largest position. Werlinich Asset Management LLC’s holdings in NVIDIA were worth $35,879,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of NVDA. Kathleen S. Wright Associates Inc. grew its stake in shares of NVIDIA by 169.3% in 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 in the last quarter. Copia Wealth Management acquired a new position in NVIDIA during the 4th quarter worth $50,000. Barnes Dennig Private Wealth Management LLC acquired a new position in NVIDIA during the 1st quarter worth $51,000. Bruce G. Allen Investments LLC grew its stake 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 worth $53,000 after purchasing an additional 327 shares in the last quarter. Finally, Campbell Capital Management Inc. grew its stake 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 worth $65,000 after purchasing an additional 590 shares in the last quarter. 65.27% of the stock is owned by institutional investors and hedge funds.

NVIDIA Stock Up 3.9%

NVDA stock opened at $183.61 on Tuesday. NVIDIA Corporation has a one year low of $86.62 and a one year high of $184.55. The stock has a market capitalization of $4.46 trillion, a PE ratio of 52.31, a price-to-earnings-growth 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 company has a fifty day moving average of $176.12 and a 200-day moving average of $144.35.

NVIDIA (NASDAQ:NVDA) last released its 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 company had revenue of $46.74 billion during 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 revenue was up 55.6% on a year-over-year basis. During the same quarter last year, the business earned $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. As a group, analysts expect that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th will be issued a $0.01 dividend. 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 (DPR) is currently 1.14%.

Insiders Place Their Bets

In other news, CEO Jen Hsun Huang sold 75,000 shares of the firm’s stock in a transaction that occurred on Friday, September 19th. The stock was sold at an average price of $176.42, for a total value of $13,231,500.00. Following the completion of the sale, the chief executive officer directly owned 71,683,203 shares of the company’s stock, valued at $12,646,350,673.26. This trade represents a 0.10% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Stephen C. Neal sold 28,000 shares of the firm’s stock in a transaction on Friday, September 12th. The shares were 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 trade represents a 16.34% decrease in their position. 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. Corporate insiders own 4.17% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the company. TD Cowen boosted their price objective on NVIDIA from $140.00 to $235.00 and gave the stock a “buy” rating in a research report on Tuesday, August 19th. The Goldman Sachs Group reiterated a “buy” rating and set a $200.00 price target on shares of NVIDIA in a report on Wednesday, August 27th. Robert W. Baird boosted their price target on shares of NVIDIA from $195.00 to $225.00 and gave the stock an “outperform” rating in a report on Monday, August 25th. Raymond James Financial boosted their price target on shares of NVIDIA from $150.00 to $165.00 and gave the stock a “strong-buy” rating in a report on Thursday, May 29th. Finally, UBS Group boosted their target price on shares of NVIDIA from $175.00 to $205.00 and gave the stock a “buy” rating in a research note on Thursday, August 21st. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-six have issued a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $208.47.

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.