Eagle Capital Management LLC Has $389,000 Stock Position in NVIDIA Corporation $NVDA

Eagle Capital Management LLC reduced its stake in NVIDIA Corporation (NASDAQ:NVDAFree Report) by 9.9% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,462 shares of the computer hardware maker’s stock after selling 270 shares during the period. Eagle Capital Management LLC’s holdings in NVIDIA were worth $389,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of NVDA. Kathleen S. Wright Associates Inc. grew its stake in shares of NVIDIA by 169.3% in the 1st quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker’s stock valued at $44,000 after purchasing an additional 254 shares during the period. Barnes Dennig Private Wealth Management LLC bought a new stake in NVIDIA during the 1st quarter worth approximately $51,000. Bruce G. Allen Investments LLC grew its position in NVIDIA by 198.2% during the 1st quarter. Bruce G. Allen Investments LLC now owns 492 shares of the computer hardware maker’s stock worth $53,000 after acquiring an additional 327 shares during the last quarter. Legend Financial Advisors Inc. bought a new stake in NVIDIA during the 2nd quarter worth approximately $55,000. Finally, Campbell Capital Management Inc. grew its position in NVIDIA by 5,900.0% during the 1st quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker’s stock worth $65,000 after acquiring an additional 590 shares during the last quarter. 65.27% of the stock is currently owned by institutional investors.

NVIDIA Stock Performance

NVDA opened at $181.81 on Friday. The business’s 50-day moving average price is $179.39 and its two-hundred day moving average price is $152.47. NVIDIA Corporation has a 1 year low of $86.62 and a 1 year high of $195.62. The company has a market capitalization of $4.42 trillion, a price-to-earnings ratio of 51.80, a P/E/G ratio of 1.30 and a beta of 2.12. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.21 and a quick ratio of 3.60.

NVIDIA (NASDAQ:NVDAGet Free Report) last released its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.01 by $0.04. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The firm had revenue of $46.74 billion for the quarter, compared to the consensus estimate of $45.65 billion. During the same quarter last year, the business posted $0.68 EPS. The company’s revenue for the quarter was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. Equities analysts expect that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th were issued a $0.01 dividend. 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 (DPR) is presently 1.14%.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the company. Wall Street Zen lowered NVIDIA from a “buy” rating to a “hold” rating in a research report on Saturday, October 11th. TD Cowen increased their price target on NVIDIA from $140.00 to $235.00 and gave the stock a “buy” rating in a research report on Tuesday, August 19th. Oppenheimer reiterated an “outperform” rating and issued a $225.00 price objective (up from $200.00) on shares of NVIDIA in a research report on Thursday, August 28th. Cantor Fitzgerald set a $300.00 price objective on NVIDIA and gave the company an “overweight” rating in a research report on Thursday, October 9th. Finally, Wolfe Research increased their price objective on NVIDIA from $220.00 to $230.00 in a research report on Tuesday, September 23rd. Five equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $222.23.

Read Our Latest Research Report on NVDA

Insider Activity

In related news, Director Harvey C. Jones sold 250,000 shares of NVIDIA stock in a transaction dated Thursday, September 18th. The stock was 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 owned 7,183,280 shares in the company, valued at approximately $1,265,765,768.80. This trade represents a 3.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Jen Hsun Huang sold 75,000 shares of NVIDIA stock in a transaction dated Monday, August 4th. The stock was sold at an average price of $178.16, for a total value of $13,362,000.00. Following the transaction, the chief executive officer owned 73,523,225 shares of the company’s stock, valued at $13,098,897,766. The trade was a 0.10% decrease in their position. The disclosure for this sale can be found here. Insiders sold 3,753,937 shares of company stock worth $667,769,026 in the last quarter. Corporate insiders own 4.17% of the company’s stock.

About NVIDIA

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for NVIDIA (NASDAQ:NVDA)

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