NVIDIA Corporation $NVDA Shares Sold by Beaumont Financial Advisors LLC

Beaumont Financial Advisors LLC lowered its stake in NVIDIA Corporation (NASDAQ:NVDA) by 4.1% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 211,527 shares of the computer hardware maker’s stock after selling 8,986 shares during the quarter. NVIDIA comprises 2.4% of Beaumont Financial Advisors LLC’s portfolio, making the stock its 11th largest position. Beaumont Financial Advisors LLC’s holdings in NVIDIA were worth $33,419,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in NVDA. Pachira Investments Inc. boosted its stake in 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 acquiring an additional 63 shares during the last quarter. HFG Wealth Management LLC raised its stake in 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 acquiring an additional 68 shares in the last quarter. Hidden Cove Wealth Management LLC raised its stake in 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 acquiring an additional 69 shares in the last quarter. Burkett Financial Services LLC raised its stake in 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 acquiring an additional 70 shares in the last quarter. Finally, Guided Capital Wealth Management LLC raised its stake in 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 acquiring an additional 70 shares in the last quarter. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

NVIDIA Stock Performance

Shares of NVDA stock opened at $189.11 on Thursday. NVIDIA Corporation has a 1-year low of $86.62 and a 1-year high of $191.05. The company has a current ratio of 4.21, a quick ratio of 3.60 and a debt-to-equity ratio of 0.08. The company has a market capitalization of $4.60 trillion, a price-to-earnings ratio of 53.88, a P/E/G ratio of 1.34 and a beta of 2.12. The stock’s fifty day simple moving average is $178.67 and its 200-day simple moving average is $149.57.

NVIDIA (NASDAQ:NVDA) last issued its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share 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 the consensus estimate of $45.65 billion. During the same quarter in the previous year, the company posted $0.68 earnings per share. NVIDIA’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. On average, sell-side analysts predict that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement

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

Insider Buying and Selling at NVIDIA

In other NVIDIA news, CEO Jen Hsun Huang sold 75,000 shares of the business’s stock in a transaction dated Friday, July 25th. The stock was sold at an average price of $173.88, for a total value of $13,041,000.00. Following the transaction, the chief executive officer owned 73,973,225 shares in the company, valued at $12,862,464,363. 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 through the SEC website. Also, Director Harvey C. Jones sold 250,000 shares of the business’s stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $176.21, for a total value of $44,052,500.00. Following the completion of the transaction, the director owned 7,183,280 shares in the company, valued at $1,265,765,768.80. This trade represents a 3.36% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 3,898,491 shares of company stock worth $686,333,234 over the last 90 days. 4.17% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several analysts have weighed in on NVDA shares. DA Davidson raised NVIDIA from a “neutral” rating to a “buy” rating and lifted their target price for the company from $195.00 to $210.00 in a research note on Thursday, September 11th. New Street Research lifted their target price on NVIDIA from $200.00 to $235.00 and gave the company a “buy” rating in a research note on Friday, September 12th. Barclays reaffirmed an “overweight” rating and set a $240.00 target price (up previously from $200.00) on shares of NVIDIA in a research note on Monday, September 22nd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of NVIDIA in a research note on Wednesday. Finally, Oppenheimer reaffirmed an “outperform” rating and set a $225.00 target price (up previously from $200.00) on shares of NVIDIA 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 stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $211.26.

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.