Consolidated Planning Corp Sells 106 Shares of NVIDIA Corporation $NVDA

Consolidated Planning Corp lessened its stake in NVIDIA Corporation (NASDAQ:NVDA) by 0.2% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 67,993 shares of the computer hardware maker’s stock after selling 106 shares during the quarter. NVIDIA makes up about 1.3% of Consolidated Planning Corp’s holdings, making the stock its 20th largest position. Consolidated Planning Corp’s holdings in NVIDIA were worth $10,742,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of the stock. Kathleen S. Wright Associates Inc. increased its position 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 last quarter. Barnes Dennig Private Wealth Management LLC bought a new position in shares of NVIDIA during the 1st quarter valued at approximately $51,000. Bruce G. Allen Investments LLC grew its position in shares of NVIDIA by 198.2% during the 1st 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. bought a new position in shares of NVIDIA during the 2nd quarter valued at approximately $55,000. Finally, Campbell Capital Management Inc. grew its position in shares of NVIDIA by 5,900.0% during the 1st 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 own 65.27% of the company’s stock.

Insider Transactions at NVIDIA

In other news, Director Mark A. Stevens sold 350,000 shares of the company’s stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $176.39, for a total value of $61,736,500.00. Following the completion of the transaction, the director directly owned 7,399,803 shares in the company, valued at approximately $1,305,251,251.17. This represents a 4.52% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Jen Hsun Huang sold 75,000 shares of the business’s stock in a transaction dated Monday, August 4th. The shares were sold at an average price of $178.16, for a total value of $13,362,000.00. Following the completion of the sale, the chief executive officer directly owned 73,523,225 shares of the company’s stock, valued at approximately $13,098,897,766. This trade represents a 0.10% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 3,753,937 shares of company stock worth $667,769,026. 4.17% of the stock is currently owned by corporate insiders.

NVIDIA Price Performance

NASDAQ:NVDA opened at $183.22 on Friday. The firm has a market capitalization of $4.45 trillion, a price-to-earnings ratio of 52.20, a P/E/G ratio of 1.31 and a beta of 2.12. NVIDIA Corporation has a 52-week low of $86.62 and a 52-week high of $195.62. The stock has a fifty day moving average of $179.40 and a 200 day moving average of $152.97. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.60 and a current ratio of 4.21.

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 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 during the quarter, compared to analyst estimates of $45.65 billion. During the same quarter in the previous year, the company posted $0.68 earnings per share. The company’s revenue was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. On average, research analysts expect that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on NVDA shares. Hsbc Global Res raised NVIDIA from a “hold” rating to a “strong-buy” rating in a research report on Wednesday. Daiwa Capital Markets raised their target price on NVIDIA from $165.00 to $205.00 and gave the stock an “outperform” rating in a research report on Wednesday, September 17th. Craig Hallum raised their target price on NVIDIA from $195.00 to $245.00 and gave the stock a “buy” rating in a research report on Thursday, August 28th. Oppenheimer reissued an “outperform” rating and issued a $225.00 target price (up from $200.00) on shares of NVIDIA in a research report on Thursday, August 28th. Finally, Citigroup reissued a “buy” rating and issued a $210.00 target price (up from $200.00) on shares of NVIDIA in a research report on Tuesday, September 30th. Five equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $222.23.

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.