Kathmere Capital Management LLC Sells 892 Shares of NVIDIA Corporation $NVDA

Kathmere Capital Management LLC trimmed its stake in shares of NVIDIA Corporation (NASDAQ:NVDA) by 1.6% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 56,286 shares of the computer hardware maker’s stock after selling 892 shares during the quarter. Kathmere Capital Management LLC’s holdings in NVIDIA were worth $8,893,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in NVDA. Pachira Investments Inc. increased its position in shares of NVIDIA by 1.0% during the 2nd quarter. Pachira Investments Inc. now owns 6,450 shares of the computer hardware maker’s stock valued at $1,019,000 after purchasing an additional 63 shares during the last quarter. HFG Wealth Management LLC increased its position in shares of NVIDIA by 3.4% during the 2nd quarter. HFG Wealth Management LLC now owns 2,075 shares of the computer hardware maker’s stock valued at $328,000 after purchasing an additional 68 shares during the last quarter. Hidden Cove Wealth Management LLC increased its position in shares of NVIDIA by 0.3% during the 2nd quarter. Hidden Cove Wealth Management LLC now owns 23,778 shares of the computer hardware maker’s stock valued at $3,757,000 after purchasing an additional 69 shares during the last quarter. Burkett Financial Services LLC increased its position in shares of NVIDIA by 1.3% during the 2nd quarter. Burkett Financial Services LLC now owns 5,450 shares of the computer hardware maker’s stock valued at $861,000 after purchasing an additional 70 shares during the last quarter. Finally, Guided Capital Wealth Management LLC increased its position in shares of NVIDIA by 0.3% during the 2nd quarter. Guided Capital Wealth Management LLC now owns 27,858 shares of the computer hardware maker’s stock valued at $4,401,000 after purchasing an additional 70 shares during the last quarter. 65.27% of the stock is currently owned by institutional investors.

NVIDIA Price Performance

Shares of NASDAQ NVDA opened at $189.11 on Thursday. The firm has a market capitalization of $4.60 trillion, a P/E ratio of 53.88, a P/E/G ratio of 1.34 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 stock’s 50-day simple moving average is $178.67 and its two-hundred day simple moving average is $149.57. NVIDIA Corporation has a twelve month low of $86.62 and a twelve month high of $191.05.

NVIDIA (NASDAQ:NVDA) last announced its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, beating the consensus estimate of $1.01 by $0.04. The firm had revenue of $46.74 billion for 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 revenue was up 55.6% on a year-over-year basis. During the same period in the prior year, the company earned $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. As a group, equities analysts anticipate that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Announces Dividend

The company also recently disclosed 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. The ex-dividend date was Thursday, September 11th. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. NVIDIA’s dividend payout ratio is 1.14%.

Insider Activity

In other news, CEO Jen Hsun Huang sold 75,000 shares of the stock in a transaction dated Friday, July 25th. The stock was sold at an average price of $173.88, for a total transaction of $13,041,000.00. Following the transaction, the chief executive officer directly owned 73,973,225 shares in the company, valued at approximately $12,862,464,363. This represents a 0.10% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Harvey C. Jones sold 250,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 18th. The stock was 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 approximately $1,265,765,768.80. The trade was a 3.36% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 3,898,491 shares of company stock worth $686,333,234. 4.17% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of brokerages have recently commented on NVDA. Mizuho upped 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. Needham & Company LLC reaffirmed a “buy” rating and set a $200.00 price target on shares of NVIDIA in a research report on Thursday, August 28th. Daiwa Capital Markets upped their price target on NVIDIA from $165.00 to $205.00 and gave the company an “outperform” rating in a research report on Wednesday, September 17th. The Goldman Sachs Group set a $210.00 price target on NVIDIA and gave the company a “buy” rating in a research report on Monday. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating and set a $240.00 price target on shares of NVIDIA in a research report on Friday, October 3rd. Four research 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 issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $211.26.

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.