NVIDIA Corporation $NVDA Shares Sold by Define Financial LLC

Define Financial LLC decreased its position in NVIDIA Corporation (NASDAQ:NVDA) by 5.3% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 3,900 shares of the computer hardware maker’s stock after selling 220 shares during the quarter. NVIDIA comprises about 0.4% of Define Financial LLC’s holdings, making the stock its 15th largest position. Define Financial LLC’s holdings in NVIDIA were worth $616,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Kathleen S. Wright Associates Inc. grew its position in 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 acquiring an additional 254 shares in the last quarter. Copia Wealth Management bought a new position in NVIDIA during the fourth quarter worth $50,000. Barnes Dennig Private Wealth Management LLC acquired a new stake in NVIDIA in the first quarter worth $51,000. Bruce G. Allen Investments LLC increased its holdings in shares of NVIDIA by 198.2% during 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 NVIDIA by 5,900.0% during the first quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker’s stock worth $65,000 after acquiring an additional 590 shares during the period. Hedge funds and other institutional investors own 65.27% of the company’s stock.

Wall Street Analysts Forecast Growth

NVDA has been the subject of a number of research reports. Needham & Company LLC restated a “buy” rating and set a $200.00 price objective on shares of NVIDIA in a research report on Thursday, August 28th. DA Davidson upgraded 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 report on Thursday, September 11th. Rosenblatt Securities reaffirmed a “buy” rating and set a $215.00 price target on shares of NVIDIA in a research note on Tuesday, September 23rd. KeyCorp reaffirmed an “overweight” rating and set a $250.00 price target (up previously from $230.00) on shares of NVIDIA in a research report on Tuesday. Finally, Morgan Stanley raised their price target on NVIDIA from $206.00 to $210.00 and gave the company an “overweight” rating in a research note on Thursday, August 28th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, NVIDIA currently has a consensus rating of “Moderate Buy” and a consensus price target of $211.00.

NVIDIA Stock Performance

NVDA stock opened at $187.62 on Friday. The firm has a market cap of $4.56 trillion, a PE ratio of 53.45, a P/E/G ratio of 1.37 and a beta of 2.12. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08. The business has a 50 day moving average of $178.11 and a 200-day moving average of $148.15. NVIDIA Corporation has a 12-month low of $86.62 and a 12-month high of $191.05.

NVIDIA (NASDAQ:NVDA) last released its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, beating the consensus estimate 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 return on equity of 101.74% and a net margin of 52.41%.NVIDIA’s quarterly revenue was up 55.6% on a year-over-year basis. During the same period in the prior year, the company posted $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. As a group, 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 was paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th were 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 was Thursday, September 11th. NVIDIA’s dividend payout ratio (DPR) is presently 1.14%.

Insider Transactions at NVIDIA

In other NVIDIA news, CEO Jen Hsun Huang sold 75,000 shares of NVIDIA stock in a transaction dated Monday, July 14th. The stock was sold at an average price of $164.36, for a total transaction of $12,327,000.00. Following the completion of the sale, the chief executive officer owned 74,648,225 shares of the company’s stock, valued at $12,269,182,261. The trade was a 0.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Mark A. Stevens sold 350,000 shares of the firm’s stock in a transaction that occurred on 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 completion of the transaction, the director owned 7,399,803 shares in the company, valued at $1,305,251,251.17. This represents a 4.52% decrease in their position. The disclosure for this sale can be found here. Insiders sold 4,097,407 shares of company stock valued at $714,378,504 over the last three months. Company insiders own 4.17% of the company’s stock.

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.