NVIDIA Corporation $NVDA Shares Sold by Seascape Capital Management

Seascape Capital Management decreased its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA) by 2.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 44,237 shares of the computer hardware maker’s stock after selling 890 shares during the quarter. NVIDIA comprises 2.2% of Seascape Capital Management’s holdings, making the stock its 8th largest holding. Seascape Capital Management’s holdings in NVIDIA were worth $6,989,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. BetterWealth LLC boosted its holdings in NVIDIA by 3.4% in the second quarter. BetterWealth LLC now owns 18,914 shares of the computer hardware maker’s stock valued at $2,988,000 after purchasing an additional 615 shares during the period. Salvus Wealth Management LLC increased its position in NVIDIA by 1.7% in the 2nd quarter. Salvus Wealth Management LLC now owns 19,550 shares of the computer hardware maker’s stock valued at $3,089,000 after acquiring an additional 336 shares during the period. Foster Group Inc. increased its position in NVIDIA by 10.0% in the 2nd quarter. Foster Group Inc. now owns 32,087 shares of the computer hardware maker’s stock valued at $5,069,000 after acquiring an additional 2,920 shares during the period. Acropolis Investment Management LLC increased its position in NVIDIA by 2.9% in the 2nd quarter. Acropolis Investment Management LLC now owns 55,274 shares of the computer hardware maker’s stock valued at $8,733,000 after acquiring an additional 1,573 shares during the period. Finally, Sentinel Pension Advisors LLC increased its position in NVIDIA by 4.1% during the 2nd quarter. Sentinel Pension Advisors LLC now owns 2,743 shares of the computer hardware maker’s stock worth $433,000 after purchasing an additional 107 shares during the period. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

NVDA has been the topic of a number of recent research reports. Mizuho upped their target price on NVIDIA from $192.00 to $205.00 and gave the company an “outperform” rating in a research note on Thursday, August 14th. Barclays reiterated an “overweight” rating and issued a $240.00 price target (up from $200.00) on shares of NVIDIA in a report on Monday, September 22nd. Needham & Company LLC restated a “buy” rating and set a $200.00 target price on shares of NVIDIA in a research note on Thursday, August 28th. DA Davidson raised shares of NVIDIA from a “neutral” rating to a “buy” rating and increased their price target for the stock from $195.00 to $210.00 in a research report on Thursday, September 11th. Finally, Evercore ISI raised their target price on shares of NVIDIA from $214.00 to $225.00 and gave the stock an “outperform” rating in a report on Tuesday, September 23rd. Four investment analysts have rated the stock with a Strong Buy rating, thirty-six have given a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $211.00.

Insider Buying and Selling

In related news, Director Harvey C. Jones sold 250,000 shares of NVIDIA stock in a transaction on Thursday, September 18th. The shares were 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 in the company, valued at $1,265,765,768.80. This trade represents a 3.36% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Mark A. Stevens sold 350,000 shares of the business’s stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $176.39, for a total transaction of $61,736,500.00. Following the transaction, the director owned 7,399,803 shares in the company, valued at approximately $1,305,251,251.17. The trade was a 4.52% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 4,022,407 shares of company stock worth $700,382,754 in the last quarter. 4.17% of the stock is currently owned by company insiders.

NVIDIA Trading Up 0.4%

NASDAQ NVDA opened at $187.24 on Thursday. The firm’s 50 day moving average price is $177.52 and its two-hundred day moving average price is $147.17. The stock has a market cap of $4.55 trillion, a price-to-earnings ratio of 53.34, a PEG ratio of 1.35 and a beta of 2.12. NVIDIA Corporation has a twelve month low of $86.62 and a twelve month high of $188.14. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.60 and a current ratio of 4.21.

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, beating analysts’ consensus estimates of $1.01 by $0.04. The company had revenue of $46.74 billion during the quarter, compared to analyst estimates of $45.65 billion. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The company’s revenue for the quarter was up 55.6% on a year-over-year basis. During the same quarter last year, the business posted $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. Equities analysts anticipate that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 2nd. Investors of record on Thursday, September 11th will be paid a $0.01 dividend. 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 payout ratio is presently 1.14%.

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.