NVIDIA Corporation $NVDA Shares Sold by TBH Global Asset Management LLC

TBH Global Asset Management LLC cut its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA) by 14.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 19,875 shares of the computer hardware maker’s stock after selling 3,387 shares during the period. NVIDIA makes up approximately 0.3% of TBH Global Asset Management LLC’s holdings, making the stock its 25th biggest position. TBH Global Asset Management LLC’s holdings in NVIDIA were worth $3,140,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in NVDA. Kathleen S. Wright Associates Inc. raised its holdings in shares of NVIDIA by 169.3% during the first quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker’s stock valued at $44,000 after acquiring an additional 254 shares during the period. Barnes Dennig Private Wealth Management LLC acquired a new stake in shares of NVIDIA during the first quarter valued at approximately $51,000. Bruce G. Allen Investments LLC raised its holdings in shares of NVIDIA by 198.2% during the first quarter. Bruce G. Allen Investments LLC now owns 492 shares of the computer hardware maker’s stock valued at $53,000 after acquiring an additional 327 shares during the period. Legend Financial Advisors Inc. acquired a new stake in shares of NVIDIA during the second quarter valued at approximately $55,000. Finally, Campbell Capital Management Inc. raised its holdings in shares of NVIDIA by 5,900.0% during the first quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker’s stock valued at $65,000 after acquiring an additional 590 shares during the period. Institutional investors and hedge funds own 65.27% of the company’s stock.

NVIDIA Price Performance

NASDAQ NVDA opened at $183.16 on Friday. The company has a current ratio of 4.21, a quick ratio of 3.60 and a debt-to-equity ratio of 0.08. NVIDIA Corporation has a 1 year low of $86.62 and a 1 year high of $195.62. The company has a fifty day simple moving average of $179.16 and a 200 day simple moving average of $150.49. The company has a market cap of $4.45 trillion, a P/E ratio of 52.18, a P/E/G ratio of 1.39 and a beta of 2.12.

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 net margin of 52.41% and a return on equity of 101.74%. The firm had revenue of $46.74 billion during the quarter, compared to the consensus estimate of $45.65 billion. During the same period in the prior year, the firm earned $0.68 EPS. The business’s revenue was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. On average, sell-side analysts predict that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th were paid a $0.01 dividend. 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 dividend payout ratio is currently 1.14%.

Analysts Set New Price Targets

A number of research firms have recently issued reports on NVDA. UBS Group restated a “buy” rating on shares of NVIDIA in a report on Tuesday, September 23rd. Bank of America upped their price objective on shares of NVIDIA from $220.00 to $235.00 and gave the company a “buy” rating in a research note on Thursday, August 28th. Rosenblatt Securities reiterated a “buy” rating and issued a $215.00 price objective on shares of NVIDIA in a research note on Tuesday, September 23rd. Craig Hallum upped their price objective on shares of NVIDIA from $195.00 to $245.00 and gave the company a “buy” rating in a research note on Thursday, August 28th. Finally, Oppenheimer reiterated an “outperform” rating and issued a $225.00 price objective (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 assigned a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $212.84.

Insider Activity

In related news, Director Harvey C. Jones sold 250,000 shares of NVIDIA stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $176.21, for a total transaction of $44,052,500.00. Following the completion of the transaction, the director directly owned 7,183,280 shares of the company’s stock, valued at $1,265,765,768.80. This trade represents a 3.36% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 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 transaction, the director directly owned 7,399,803 shares of the company’s stock, valued at $1,305,251,251.17. This represents a 4.52% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 3,925,379 shares of company stock worth $694,277,421. 4.17% of the stock is currently owned by corporate insiders.

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.