Sound Stewardship LLC Lowers Holdings in NVIDIA Corporation $NVDA

Sound Stewardship LLC decreased its holdings in NVIDIA Corporation (NASDAQ:NVDA) by 7.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,940 shares of the computer hardware maker’s stock after selling 237 shares during the quarter. Sound Stewardship LLC’s holdings in NVIDIA were worth $465,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Kathleen S. Wright Associates Inc. lifted its stake in shares of NVIDIA by 169.3% in the 1st quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker’s stock valued at $44,000 after purchasing an additional 254 shares in the last quarter. Copia Wealth Management acquired a new position in shares of NVIDIA in the 4th quarter valued at about $50,000. Barnes Dennig Private Wealth Management LLC acquired a new position in shares of NVIDIA in the 1st quarter valued at about $51,000. Bruce G. Allen Investments LLC lifted its stake in shares of NVIDIA by 198.2% in the 1st quarter. Bruce G. Allen Investments LLC now owns 492 shares of the computer hardware maker’s stock valued at $53,000 after purchasing an additional 327 shares in the last quarter. Finally, Campbell Capital Management Inc. lifted its stake in shares of NVIDIA by 5,900.0% in the 1st quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker’s stock valued at $65,000 after purchasing an additional 590 shares in the last quarter. Hedge funds and other institutional investors own 65.27% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently commented on the company. Mizuho boosted their price target 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 boosted their price target on NVIDIA from $206.00 to $210.00 and gave the stock an “overweight” rating in a research report on Thursday, August 28th. DA Davidson raised NVIDIA from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $195.00 to $210.00 in a research report on Thursday, September 11th. Piper Sandler set a $225.00 price target on NVIDIA and gave the stock an “overweight” rating in a research report on Wednesday, August 13th. Finally, Evercore ISI boosted their price target on NVIDIA from $214.00 to $225.00 and gave the stock an “outperform” rating in a research report on Tuesday, September 23rd. Four research 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’s stock. According to data from MarketBeat.com, NVIDIA presently has an average rating of “Moderate Buy” and a consensus price target of $210.21.

NVIDIA Stock Performance

Shares of NVDA opened at $181.85 on Tuesday. The business’s 50 day moving average is $176.81 and its two-hundred day moving average is $146.62. NVIDIA Corporation has a 52-week low of $86.62 and a 52-week high of $184.55. The firm has a market cap of $4.42 trillion, a price-to-earnings ratio of 51.81, a PEG ratio of 1.29 and a beta of 2.10. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08.

NVIDIA (NASDAQ:NVDA) last issued its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share 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 business had revenue of $46.74 billion during the quarter, compared to the consensus estimate of $45.65 billion. During the same period in the previous year, the business earned $0.68 EPS. The business’s quarterly revenue was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. Analysts forecast that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Dividend Announcement

The company 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 dividend on an annualized basis and a dividend yield of 0.0%. The ex-dividend date is Thursday, September 11th. NVIDIA’s payout ratio is 1.14%.

Insiders Place Their Bets

In related news, CEO Jen Hsun Huang sold 75,000 shares of the company’s stock in a transaction on Monday, September 29th. The stock was sold at an average price of $182.34, for a total transaction of $13,675,500.00. Following the completion of the transaction, the chief executive officer directly owned 71,233,203 shares in the company, valued at $12,988,662,235.02. This represents a 0.11% decrease in their position. The sale was disclosed in a filing 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 on Thursday, September 18th. The stock was 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 of the company’s stock, valued at approximately $1,265,765,768.80. The trade was 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. Corporate insiders own 4.17% of the company’s stock.

About NVIDIA

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.