NVIDIA Corporation $NVDA Shares Sold by Cathy Pareto & Associates Inc.

Cathy Pareto & Associates Inc. reduced its position in NVIDIA Corporation (NASDAQ:NVDA) by 8.0% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,699 shares of the computer hardware maker’s stock after selling 234 shares during the quarter. Cathy Pareto & Associates Inc.’s holdings in NVIDIA were worth $426,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Kathleen S. Wright Associates Inc. increased its position in shares of NVIDIA by 169.3% during the 1st quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker’s stock worth $44,000 after purchasing an additional 254 shares during the last quarter. Copia Wealth Management acquired a new stake in shares of NVIDIA during the 4th quarter worth about $50,000. Barnes Dennig Private Wealth Management LLC acquired a new stake in shares of NVIDIA during the 1st quarter worth about $51,000. Bruce G. Allen Investments LLC increased its position in shares of 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 during the last quarter. Finally, Campbell Capital Management Inc. increased its position in shares of 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 during the last quarter. 65.27% of the stock is owned by institutional investors and hedge funds.

NVIDIA Stock Up 2.1%

NVIDIA stock opened at $181.85 on Tuesday. 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 Corporation has a 1-year low of $86.62 and a 1-year high of $184.55. The company 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. The stock’s 50 day moving average price is $176.81 and its 200 day moving average price is $146.62.

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

NVIDIA Dividend Announcement

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

Insiders Place Their Bets

In related news, Director Harvey C. Jones sold 250,000 shares of the stock in a transaction dated Thursday, September 18th. The stock was sold at an average price of $176.21, for a total transaction of $44,052,500.00. Following the transaction, the director directly owned 7,183,280 shares in the company, valued at approximately $1,265,765,768.80. This represents a 3.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CFO Colette Kress sold 30,500 shares of the stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $176.40, for a total value of $5,380,200.00. Following the transaction, the chief financial officer owned 2,883,402 shares in the company, valued at $508,632,112.80. This trade represents a 1.05% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 4,148,818 shares of company stock valued at $720,112,070. Insiders own 4.17% of the company’s stock.

Analysts Set New Price Targets

NVDA has been the subject of a number of recent analyst reports. Mizuho raised their price objective on NVIDIA from $192.00 to $205.00 and gave the stock an “outperform” rating in a research report on Thursday, August 14th. Morgan Stanley raised their target price on NVIDIA from $206.00 to $210.00 and gave the company an “overweight” rating in a report on Thursday, August 28th. JPMorgan Chase & Co. restated a “buy” rating and set a $215.00 target price on shares of NVIDIA in a report on Friday, September 19th. Craig Hallum raised their target price on NVIDIA from $195.00 to $245.00 and gave the company a “buy” rating in a report on Thursday, August 28th. Finally, Benchmark raised their target price on NVIDIA from $190.00 to $220.00 and gave the company a “buy” rating in a report on Thursday, August 28th. 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 issued a Sell rating to the company. Based on data from MarketBeat, NVIDIA currently has a consensus rating of “Moderate Buy” and a consensus price target of $210.21.

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.