NVIDIA Corporation $NVDA Shares Sold by Traction Financial Partners LLC

Traction Financial Partners LLC lessened its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA) by 10.8% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 5,334 shares of the computer hardware maker’s stock after selling 647 shares during the quarter. NVIDIA makes up about 0.6% of Traction Financial Partners LLC’s investment portfolio, making the stock its 24th biggest position. Traction Financial Partners LLC’s holdings in NVIDIA were worth $843,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in NVDA. Kathleen S. Wright Associates Inc. raised its position in shares of NVIDIA by 169.3% in the 1st quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker’s stock worth $44,000 after buying an additional 254 shares during the period. Copia Wealth Management purchased a new stake in shares of NVIDIA during the fourth quarter worth about $50,000. Barnes Dennig Private Wealth Management LLC purchased a new stake in shares of NVIDIA during the first quarter worth about $51,000. Bruce G. Allen Investments LLC raised its stake in shares of NVIDIA by 198.2% in the 1st 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 in the last quarter. Finally, Campbell Capital Management Inc. grew its stake in NVIDIA by 5,900.0% in the first quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker’s stock worth $65,000 after purchasing an additional 590 shares in the last quarter. Hedge funds and other institutional investors own 65.27% of the company’s stock.

Insider Buying and Selling at NVIDIA

In other NVIDIA news, CFO Colette Kress sold 30,500 shares of NVIDIA stock in a transaction on Friday, September 19th. The shares were sold at an average price of $176.40, for a total value of $5,380,200.00. Following the sale, the chief financial officer directly owned 2,883,402 shares in the company, valued at approximately $508,632,112.80. The trade was a 1.05% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Mark A. Stevens sold 350,000 shares of NVIDIA stock in a transaction dated Friday, September 19th. The shares were 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 directly owned 7,399,803 shares of the company’s stock, valued at approximately $1,305,251,251.17. This trade represents a 4.52% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 4,097,407 shares of company stock valued at $714,378,504 over the last quarter. 4.17% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the company. Phillip Securities upgraded NVIDIA from a “moderate buy” rating to a “strong-buy” rating in a research note on Monday, July 14th. Needham & Company LLC reaffirmed a “buy” rating and issued a $200.00 price target on shares of NVIDIA in a report on Thursday, August 28th. Citigroup reissued a “buy” rating and set a $210.00 target price (up from $200.00) on shares of NVIDIA in a research note on Tuesday. Wolfe Research upped their price objective on shares of NVIDIA from $220.00 to $230.00 in a report on Tuesday, September 23rd. Finally, Oppenheimer reaffirmed an “outperform” rating and set a $225.00 price objective (up previously from $200.00) on shares of NVIDIA in a research report on Thursday, August 28th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-seven have given a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, NVIDIA currently has a consensus rating of “Moderate Buy” and a consensus price target of $211.00.

NVIDIA Trading Down 0.7%

Shares of NASDAQ NVDA opened at $187.62 on Friday. The company’s fifty day moving average is $178.11 and its 200-day moving average is $148.36. The stock has a market cap of $4.56 trillion, a price-to-earnings ratio of 53.45, a P/E/G ratio of 1.36 and a beta of 2.12. NVIDIA Corporation has a twelve month low of $86.62 and a twelve month high of $191.05. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08.

NVIDIA (NASDAQ:NVDA) last announced its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share for the quarter, topping analysts’ consensus estimates of $1.01 by $0.04. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The company had revenue of $46.74 billion for the quarter, compared to analysts’ expectations of $45.65 billion. During the same period last year, the firm posted $0.68 earnings per share. The business’s quarterly revenue was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. Equities research analysts predict that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 2nd. Investors of record on Thursday, September 11th were issued a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.0%. The ex-dividend date was Thursday, September 11th. NVIDIA’s dividend payout ratio (DPR) is presently 1.14%.

About NVIDIA

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.