G&S Capital LLC Sells 315 Shares of NVIDIA Corporation $NVDA

G&S Capital LLC cut its position in shares of NVIDIA Corporation (NASDAQ:NVDA) by 1.1% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 29,292 shares of the computer hardware maker’s stock after selling 315 shares during the quarter. NVIDIA accounts for 1.8% of G&S Capital LLC’s investment portfolio, making the stock its 10th biggest holding. G&S Capital LLC’s holdings in NVIDIA were worth $4,628,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. Astoria Portfolio Advisors LLC. lifted its holdings in shares of NVIDIA by 0.9% in the first quarter. Astoria Portfolio Advisors LLC. now owns 93,568 shares of the computer hardware maker’s stock valued at $9,610,000 after purchasing an additional 864 shares in the last quarter. Centerpoint Advisory Group raised its position in shares of NVIDIA by 2.5% during the 1st quarter. Centerpoint Advisory Group now owns 39,398 shares of the computer hardware maker’s stock worth $4,270,000 after purchasing an additional 943 shares during the last quarter. GSB Wealth Management LLC raised its position in shares of NVIDIA by 3.3% during the 1st quarter. GSB Wealth Management LLC now owns 32,611 shares of the computer hardware maker’s stock worth $3,534,000 after purchasing an additional 1,043 shares during the last quarter. Variant Private Wealth LLC lifted its stake in NVIDIA by 20.6% in the 1st quarter. Variant Private Wealth LLC now owns 18,800 shares of the computer hardware maker’s stock valued at $2,038,000 after buying an additional 3,206 shares in the last quarter. Finally, Financial Perspectives Inc boosted its stake in shares of NVIDIA by 2.8% during the first quarter. Financial Perspectives Inc now owns 45,958 shares of the computer hardware maker’s stock valued at $4,981,000 after acquiring an additional 1,265 shares during 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 $180.12 on Wednesday. NVIDIA Corporation has a 12 month low of $86.62 and a 12 month high of $195.62. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.21 and a quick ratio of 3.60. The firm has a market capitalization of $4.38 trillion, a P/E ratio of 51.32, a P/E/G ratio of 1.36 and a beta of 2.12. The company’s fifty day moving average price is $179.36 and its two-hundred day moving average price is $151.77.

NVIDIA (NASDAQ:NVDA) last issued its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 net margin of 52.41% and a return on equity of 101.74%. The business’s revenue was up 55.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. On average, research analysts anticipate that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

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

Insider Activity

In other NVIDIA news, CFO Colette Kress sold 30,500 shares of the company’s stock in a transaction that occurred on Friday, September 19th. The stock was sold at an average price of $176.40, for a total transaction of $5,380,200.00. Following the sale, the chief financial officer owned 2,883,402 shares in the company, valued at $508,632,112.80. This represents a 1.05% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Jen Hsun Huang sold 75,000 shares of the stock in a transaction that occurred on Friday, October 10th. The stock was sold at an average price of $190.20, for a total value of $14,265,000.00. Following the transaction, the chief executive officer directly owned 70,558,203 shares in the company, valued at approximately $13,420,170,210.60. This represents a 0.11% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 3,678,937 shares of company stock valued at $653,013,526. 4.17% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on NVDA. Daiwa Capital Markets raised their price target on NVIDIA from $165.00 to $205.00 and gave the stock an “outperform” rating in a research note on Wednesday, September 17th. Wells Fargo & Company boosted their target price on NVIDIA from $185.00 to $220.00 and gave the stock an “overweight” rating in a report on Monday, August 11th. Wall Street Zen lowered shares of NVIDIA from a “buy” rating to a “hold” rating in a report on Saturday. Jefferies Financial Group reaffirmed a “buy” rating and set a $220.00 price target (up from $205.00) on shares of NVIDIA in a research report on Monday, September 29th. Finally, Piper Sandler set a $225.00 price objective on shares of NVIDIA and gave the stock an “overweight” rating in a research note on Wednesday, August 13th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $214.15.

NVIDIA Company 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.