McAdam LLC Decreases Stake in NVIDIA Corporation $NVDA

McAdam LLC decreased its stake in shares of NVIDIA Corporation (NASDAQ:NVDA) by 0.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 92,742 shares of the computer hardware maker’s stock after selling 871 shares during the period. NVIDIA comprises 0.8% of McAdam LLC’s portfolio, making the stock its 21st largest holding. McAdam LLC’s holdings in NVIDIA were worth $14,652,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Kingstone Capital Partners Texas LLC boosted its holdings in NVIDIA by 267,959.7% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 382,373,765 shares of the computer hardware maker’s stock worth $64,976,521,000 after buying an additional 382,231,120 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings 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 buying an additional 5,896,735 shares in the last quarter. Goldman Sachs Group Inc. increased its position in NVIDIA by 123.5% in the first quarter. Goldman Sachs Group Inc. now owns 187,995,213 shares of the computer hardware maker’s stock worth $20,374,921,000 after purchasing an additional 103,889,872 shares during the last quarter. Nuveen LLC purchased a new stake in NVIDIA during the first quarter valued at $15,089,414,000. Finally, Amundi lifted its holdings in shares of NVIDIA by 16.0% in the 1st quarter. Amundi now owns 135,770,043 shares of the computer hardware maker’s stock valued at $13,826,199,000 after acquiring an additional 18,733,431 shares during the last quarter. 65.27% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at NVIDIA

In other news, CEO Jen Hsun Huang sold 75,000 shares of the stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $186.61, for a total transaction of $13,995,750.00. Following the completion of the sale, the chief executive officer owned 71,083,203 shares in the company, valued at approximately $13,264,836,511.83. This represents a 0.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, 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 transaction of $5,380,200.00. Following the completion of the transaction, the chief financial officer owned 2,883,402 shares in the company, valued at approximately $508,632,112.80. This trade represents a 1.05% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 3,971,893 shares of company stock worth $694,502,352 in the last ninety days. Company insiders own 4.17% of the company’s stock.

NVIDIA Price Performance

NASDAQ:NVDA opened at $187.62 on Monday. The stock’s fifty day moving average is $178.11 and its two-hundred day moving average is $148.57. NVIDIA Corporation has a 52 week low of $86.62 and a 52 week 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. The company has a market capitalization of $4.56 trillion, a P/E ratio of 53.45, a P/E/G ratio of 1.36 and a beta of 2.12.

NVIDIA (NASDAQ:NVDA) last released its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, topping the consensus estimate of $1.01 by $0.04. The business 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%.The company’s quarterly revenue was up 55.6% on a year-over-year basis. During the same period last year, the business posted $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. Equities analysts expect that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th were 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 was Thursday, September 11th. NVIDIA’s dividend payout ratio (DPR) is 1.14%.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on NVDA. Wall Street Zen upgraded shares of NVIDIA from a “hold” rating to a “buy” rating in a report on Friday, September 5th. Wolfe Research upped their target price on NVIDIA from $220.00 to $230.00 in a report on Tuesday, September 23rd. BNP Paribas upgraded shares of NVIDIA to a “hold” rating in a research note on Friday, August 1st. Wells Fargo & Company lifted their target price on NVIDIA from $185.00 to $220.00 and gave the company an “overweight” rating in a research note on Monday, August 11th. Finally, Morgan Stanley lifted their price target on shares of NVIDIA from $206.00 to $210.00 and gave the stock an “overweight” rating in a report on Thursday, August 28th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, NVIDIA currently has an average rating of “Moderate Buy” and a consensus price target of $211.00.

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.