Financial Enhancement Group LLC Sells 252 Shares of NVIDIA Corporation $NVDA

Financial Enhancement Group LLC cut its stake in shares of NVIDIA Corporation (NASDAQ:NVDA) by 0.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 54,813 shares of the computer hardware maker’s stock after selling 252 shares during the quarter. NVIDIA makes up about 1.3% of Financial Enhancement Group LLC’s portfolio, making the stock its 25th largest position. Financial Enhancement Group LLC’s holdings in NVIDIA were worth $9,040,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in NVDA. Kingstone Capital Partners Texas LLC boosted its stake in NVIDIA by 267,959.7% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 382,373,765 shares of the computer hardware maker’s stock valued at $64,976,521,000 after purchasing an additional 382,231,120 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in NVIDIA by 2.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 206,794,926 shares of the computer hardware maker’s stock valued at $22,412,434,000 after purchasing an additional 5,896,735 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake in NVIDIA by 123.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 187,995,213 shares of the computer hardware maker’s stock valued at $20,374,921,000 after purchasing an additional 103,889,872 shares during the last quarter. Nuveen LLC acquired a new position in NVIDIA during the 1st quarter valued at about $15,089,414,000. Finally, Amundi boosted its stake in NVIDIA by 16.0% during the 1st quarter. Amundi now owns 135,770,043 shares of the computer hardware maker’s stock valued at $13,826,199,000 after purchasing an additional 18,733,431 shares during the last quarter. 65.27% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have issued reports on NVDA. Barclays reiterated an “overweight” rating and set a $240.00 price target (up previously from $200.00) on shares of NVIDIA in a research note on Monday, September 22nd. DA Davidson upgraded NVIDIA from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $195.00 to $210.00 in a research note on Thursday, September 11th. Citigroup restated a “buy” rating and issued a $210.00 target price (up previously from $200.00) on shares of NVIDIA in a research note on Tuesday. TD Cowen boosted their target price on NVIDIA from $140.00 to $235.00 and gave the stock a “buy” rating in a research note on Tuesday, August 19th. Finally, Bank of America boosted their target price on NVIDIA from $220.00 to $235.00 and gave the stock a “buy” rating in a research note on Thursday, August 28th. Four research 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’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $211.00.

Insider Buying and Selling at NVIDIA

In other NVIDIA 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 transaction of $7,106,000.00. Following the sale, the director owned 138,740 shares in the company, valued at $24,647,161. This represents a 22.38% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 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 sale, the director owned 7,183,280 shares in the company, valued at approximately $1,265,765,768.80. This 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 4,022,407 shares of company stock worth $700,382,754. Company insiders own 4.17% of the company’s stock.

NVIDIA Trading Up 0.4%

NASDAQ:NVDA opened at $187.24 on Thursday. 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 stock has a market capitalization of $4.55 trillion, a PE ratio of 53.34, a price-to-earnings-growth ratio of 1.35 and a beta of 2.12. The firm’s 50 day moving average is $177.52 and its 200 day moving average is $147.17. NVIDIA Corporation has a 12 month low of $86.62 and a 12 month high of $188.14.

NVIDIA (NASDAQ:NVDA) last posted its quarterly 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 analysts’ expectations of $45.65 billion. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. NVIDIA’s revenue was up 55.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. Sell-side analysts expect that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 2nd. Investors 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 of this dividend is Thursday, September 11th. NVIDIA’s payout ratio is 1.14%.

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.