NVIDIA Corporation $NVDA is Whitener Capital Management Inc.’s 4th Largest Position

Whitener Capital Management Inc. decreased its stake in shares of NVIDIA Corporation (NASDAQ:NVDA) by 0.6% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 122,678 shares of the computer hardware maker’s stock after selling 699 shares during the period. NVIDIA comprises about 5.1% of Whitener Capital Management Inc.’s investment portfolio, making the stock its 4th biggest holding. Whitener Capital Management Inc.’s holdings in NVIDIA were worth $19,382,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of NVDA. Brighton Jones LLC boosted its position in shares of NVIDIA by 12.4% during the fourth quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker’s stock worth $43,631,000 after buying an additional 35,815 shares during the period. Bank Pictet & Cie Europe AG increased its position in NVIDIA by 1.0% in the 4th quarter. Bank Pictet & Cie Europe AG now owns 2,346,417 shares of the computer hardware maker’s stock valued at $315,100,000 after acquiring an additional 22,929 shares during the period. Highview Capital Management LLC DE increased its position in NVIDIA by 6.7% in the 4th quarter. Highview Capital Management LLC DE now owns 58,396 shares of the computer hardware maker’s stock valued at $7,842,000 after acquiring an additional 3,653 shares during the period. Hudson Value Partners LLC increased its stake in shares of NVIDIA by 30.7% during the fourth quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker’s stock valued at $6,805,000 after acquiring an additional 11,900 shares during the period. Finally, Forum Financial Management LP increased its stake in shares of NVIDIA by 28.2% during the fourth quarter. Forum Financial Management LP now owns 189,998 shares of the computer hardware maker’s stock valued at $25,515,000 after acquiring an additional 41,757 shares during the period. Institutional investors own 65.27% of the company’s stock.

Analyst Upgrades and Downgrades

NVDA has been the subject of a number of recent analyst reports. Oppenheimer reaffirmed an “outperform” rating and issued a $225.00 price objective (up previously from $200.00) on shares of NVIDIA in a research note on Thursday, August 28th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $240.00 price objective on shares of NVIDIA in a research note on Thursday, August 28th. Jefferies Financial Group reissued a “buy” rating and set a $220.00 target price (up previously from $205.00) on shares of NVIDIA in a research report on Monday. Wedbush restated an “outperform” rating and set a $210.00 price objective on shares of NVIDIA in a report on Thursday, August 28th. Finally, Piper Sandler set a $225.00 target price on shares of NVIDIA and gave the company an “overweight” rating in a research note on Wednesday, August 13th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-six have issued a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $210.21.

NVIDIA Trading Up 2.1%

NVDA opened at $181.85 on Tuesday. The firm’s fifty day moving average is $176.81 and its two-hundred day moving average is $146.62. 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 has a market cap of $4.42 trillion, a PE ratio of 51.81, a price-to-earnings-growth ratio of 1.29 and a beta of 2.10. NVIDIA Corporation has a twelve month low of $86.62 and a twelve month high of $184.55.

NVIDIA (NASDAQ:NVDA) last announced its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share for the quarter, topping analysts’ consensus estimates of $1.01 by $0.04. The firm had revenue of $46.74 billion during the quarter, compared to analyst estimates of $45.65 billion. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The company’s revenue for the quarter was up 55.6% compared to the same quarter last year. During the same period in the prior year, the business earned $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 year.

NVIDIA Dividend Announcement

The firm also recently disclosed 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. The ex-dividend date of this dividend is Thursday, September 11th. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. NVIDIA’s payout ratio is currently 1.14%.

Insider Activity

In related news, CEO Jen Hsun Huang sold 75,000 shares of the company’s stock in a transaction that occurred on Friday, July 11th. The shares were sold at an average price of $166.00, for a total transaction of $12,450,000.00. Following the completion of the transaction, the chief executive officer directly owned 74,723,225 shares in the company, valued at $12,404,055,350. This represents a 0.10% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Harvey C. Jones sold 250,000 shares of the company’s stock in a transaction that occurred on Thursday, September 18th. The shares were sold at an average price of $176.21, for a total transaction of $44,052,500.00. Following the completion of the transaction, the director owned 7,183,280 shares of the company’s stock, valued at approximately $1,265,765,768.80. This trade represents a 3.36% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 4,148,818 shares of company stock worth $720,112,070. 4.17% of the stock is currently owned by corporate insiders.

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.