Castleview Partners LLC Cuts Position in NVIDIA Corporation $NVDA

Castleview Partners LLC decreased its holdings in NVIDIA Corporation (NASDAQ:NVDA) by 12.9% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 6,995 shares of the computer hardware maker’s stock after selling 1,037 shares during the quarter. Castleview Partners LLC’s holdings in NVIDIA were worth $1,105,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Kathleen S. Wright Associates Inc. raised 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 worth $44,000 after acquiring an additional 254 shares in the last quarter. Barnes Dennig Private Wealth Management LLC acquired a new stake in NVIDIA in the first quarter valued at $51,000. Bruce G. Allen Investments LLC increased its position in shares of NVIDIA by 198.2% in the first quarter. Bruce G. Allen Investments LLC now owns 492 shares of the computer hardware maker’s stock valued at $53,000 after buying an additional 327 shares in the last quarter. Campbell Capital Management Inc. increased its position in shares of NVIDIA by 5,900.0% in the first quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker’s stock valued at $65,000 after buying an additional 590 shares in the last quarter. Finally, Luken Investment Analytics LLC increased its position in shares of NVIDIA by 107.0% in the first quarter. Luken Investment Analytics LLC now owns 621 shares of the computer hardware maker’s stock valued at $67,000 after buying an additional 321 shares in the last quarter. Hedge funds and other institutional investors own 65.27% of the company’s stock.

Insider Buying and Selling

In related news, CEO Jen Hsun Huang sold 75,000 shares of the stock in a transaction dated Friday, July 18th. The stock was sold at an average price of $172.52, for a total transaction of $12,939,000.00. Following the transaction, the chief executive officer directly owned 74,348,225 shares in the company, valued at approximately $12,826,555,777. This represents a 0.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Mark A. Stevens sold 350,000 shares of the stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $176.39, for a total value of $61,736,500.00. Following the transaction, the director owned 7,399,803 shares in the company, valued at $1,305,251,251.17. This trade represents a 4.52% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 3,921,593 shares of company stock worth $686,502,137. 4.17% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the company. Stifel Nicolaus raised their price target on NVIDIA from $202.00 to $212.00 and gave the company a “buy” rating in a research report on Monday, August 25th. UBS Group restated a “buy” rating on shares of NVIDIA in a research report on Tuesday, September 23rd. Piper Sandler set a $225.00 price target on NVIDIA and gave the company an “overweight” rating in a research report on Wednesday, August 13th. Morgan Stanley raised their price target on NVIDIA from $206.00 to $210.00 and gave the company an “overweight” rating in a research report on Thursday, August 28th. Finally, Mizuho raised their price target on NVIDIA from $192.00 to $205.00 and gave the company an “outperform” rating in a research report on Thursday, August 14th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, NVIDIA currently has an average rating of “Moderate Buy” and an average price target of $211.26.

NVIDIA Stock Down 1.1%

NVDA opened at $185.54 on Tuesday. 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 firm has a market cap of $4.51 trillion, a P/E ratio of 52.86, a PEG ratio of 1.36 and a beta of 2.12. NVIDIA Corporation has a 52 week low of $86.62 and a 52 week high of $191.05. The business’s fifty day simple moving average is $178.29 and its 200 day simple moving average is $149.05.

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

NVIDIA Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 2nd. Investors of record on Thursday, September 11th were given a dividend of $0.01 per share. The ex-dividend date was Thursday, September 11th. This represents a $0.04 annualized dividend and a yield of 0.0%. NVIDIA’s dividend payout ratio is 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.