Main Line Retirement Advisors LLC Sells 916 Shares of NVIDIA Corporation $NVDA

Main Line Retirement Advisors LLC decreased its stake in shares of NVIDIA Corporation (NASDAQ:NVDA) by 16.3% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,697 shares of the computer hardware maker’s stock after selling 916 shares during the quarter. NVIDIA makes up 0.4% of Main Line Retirement Advisors LLC’s portfolio, making the stock its 22nd largest position. Main Line Retirement Advisors LLC’s holdings in NVIDIA were worth $742,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of NVDA. Copia Wealth Management purchased a new stake in shares of NVIDIA during the fourth quarter worth $50,000. Kathleen S. Wright Associates Inc. grew its holdings 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 valued at $44,000 after purchasing an additional 254 shares during the period. Barnes Dennig Private Wealth Management LLC purchased a new stake in shares of NVIDIA in the first quarter valued at about $51,000. Bruce G. Allen Investments LLC grew its holdings in shares of NVIDIA by 198.2% in the first 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 during the period. Finally, Campbell Capital Management Inc. grew its holdings in shares of NVIDIA by 5,900.0% in the first 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 during the period. Institutional investors own 65.27% of the company’s stock.

Analyst Ratings Changes

Several research analysts have weighed in on NVDA shares. New Street Research increased their target price on shares of NVIDIA from $200.00 to $235.00 and gave the stock a “buy” rating in a research note on Friday, September 12th. Wolfe Research increased their target price on shares of NVIDIA from $220.00 to $230.00 in a research note on Tuesday, September 23rd. DA Davidson raised shares of NVIDIA from a “neutral” rating to a “buy” rating and increased their target price for the stock from $195.00 to $210.00 in a research note on Thursday, September 11th. Barclays reaffirmed an “overweight” rating and set a $240.00 target price (up previously from $200.00) on shares of NVIDIA in a research note on Monday, September 22nd. Finally, Stifel Nicolaus increased their target price on shares of NVIDIA from $202.00 to $212.00 and gave the stock a “buy” rating in a research note on Monday, August 25th. Four research analysts have rated the stock with a Strong Buy rating, thirty-six have given a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, NVIDIA has a consensus rating of “Moderate Buy” and an average target price of $211.00.

NVIDIA Trading Up 2.5%

Shares of NVDA stock opened at $186.44 on Wednesday. The firm has a 50-day moving average price of $177.20 and a 200 day moving average price of $146.90. NVIDIA Corporation has a twelve month low of $86.62 and a twelve month high of $187.35. The company has a market capitalization of $4.53 trillion, a price-to-earnings ratio of 53.12, a PEG ratio of 1.32 and a beta of 2.10. The company has a current ratio of 4.21, a quick ratio of 3.60 and a debt-to-equity ratio of 0.08.

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

NVIDIA Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 2nd. Investors of record on Thursday, September 11th will be given a dividend of $0.01 per share. 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 is currently 1.14%.

Insider Buying and Selling at NVIDIA

In related news, CFO Colette Kress sold 30,500 shares of the company’s stock in a transaction that occurred on Friday, September 19th. The stock was sold at an average price of $176.40, for a total transaction of $5,380,200.00. Following the sale, the chief financial officer directly owned 2,883,402 shares of the company’s stock, valued at approximately $508,632,112.80. This represents a 1.05% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 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 directly owned 7,183,280 shares in the company, valued at $1,265,765,768.80. This represents a 3.36% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 4,022,407 shares of company stock worth $700,382,754. 4.17% of the stock is owned by 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.