Westfuller Advisors LLC Sells 889 Shares of NVIDIA Corporation $NVDA

Westfuller Advisors LLC cut its holdings in NVIDIA Corporation (NASDAQ:NVDA) by 3.6% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 23,882 shares of the computer hardware maker’s stock after selling 889 shares during the period. NVIDIA makes up approximately 2.2% of Westfuller Advisors LLC’s portfolio, making the stock its 9th biggest position. Westfuller Advisors LLC’s holdings in NVIDIA were worth $3,773,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in NVDA. Pachira Investments Inc. increased its position in NVIDIA by 1.0% in the 2nd quarter. Pachira Investments Inc. now owns 6,450 shares of the computer hardware maker’s stock valued at $1,019,000 after buying an additional 63 shares in the last quarter. HFG Wealth Management LLC boosted its stake in 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 purchasing an additional 68 shares during the last quarter. Burkett Financial Services LLC boosted its stake in 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 purchasing an additional 70 shares during the last quarter. Guided Capital Wealth Management LLC boosted its stake in NVIDIA by 0.3% during the 2nd quarter. Guided Capital Wealth Management LLC now owns 27,858 shares of the computer hardware maker’s stock valued at $4,401,000 after purchasing an additional 70 shares during the last quarter. Finally, Luts & Greenleigh Group Inc. boosted its stake in NVIDIA by 0.4% during the 2nd quarter. Luts & Greenleigh Group Inc. now owns 19,894 shares of the computer hardware maker’s stock valued at $3,143,000 after purchasing an additional 76 shares during the last quarter. 65.27% of the stock is owned by institutional investors.

NVIDIA Price Performance

NVIDIA stock opened at $181.85 on Tuesday. NVIDIA Corporation has a 12 month low of $86.62 and a 12 month high of $184.55. The company has a current ratio of 4.21, a quick ratio of 3.60 and a debt-to-equity ratio of 0.08. The business’s 50 day simple moving average is $176.81 and its 200 day simple moving average is $146.62. The company 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.

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

NVIDIA Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 2nd. Shareholders of record on Thursday, September 11th will be issued a dividend of $0.01 per share. 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 presently 1.14%.

Insider Buying and Selling at NVIDIA

In related news, Director Persis Drell sold 40,000 shares of the stock in a transaction on Friday, September 19th. The stock was sold at an average price of $177.65, for a total value of $7,106,000.00. Following the sale, the director owned 138,740 shares in the company, valued at approximately $24,647,161. This trade represents a 22.38% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Harvey C. Jones sold 250,000 shares of the 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 completion of the sale, the director owned 7,183,280 shares in the company, valued at $1,265,765,768.80. This trade represents a 3.36% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 4,148,818 shares of company stock worth $720,112,070. Company insiders own 4.17% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have issued reports on NVDA shares. KeyCorp reiterated an “overweight” rating and set a $230.00 price target (up previously from $215.00) on shares of NVIDIA in a research note on Thursday, August 28th. Rosenblatt Securities reiterated a “buy” rating and set a $215.00 price target on shares of NVIDIA in a research note on Tuesday, September 23rd. Sanford C. Bernstein reiterated a “buy” rating on shares of NVIDIA in a research note on Tuesday, September 23rd. Craig Hallum boosted their target price on NVIDIA from $195.00 to $245.00 and gave the stock a “buy” rating in a research note on Thursday, August 28th. Finally, Piper Sandler set a $225.00 target price on NVIDIA and gave the stock 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 assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average 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.