Creative Capital Management Investments LLC Trims Stake in NVIDIA Corporation $NVDA

Creative Capital Management Investments LLC cut its position in shares of NVIDIA Corporation (NASDAQ:NVDA) by 0.8% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 16,704 shares of the computer hardware maker’s stock after selling 139 shares during the quarter. NVIDIA makes up about 0.9% of Creative Capital Management Investments LLC’s investment portfolio, making the stock its 10th largest position. Creative Capital Management Investments LLC’s holdings in NVIDIA were worth $2,639,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Legend Financial Advisors Inc. bought a new position in NVIDIA during the 2nd quarter worth approximately $55,000. Kathleen S. Wright Associates Inc. grew its position in NVIDIA by 169.3% during the 1st quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker’s stock worth $44,000 after acquiring an additional 254 shares during the last quarter. Westend Capital Management LLC grew its position in NVIDIA by 46.8% during the 2nd quarter. Westend Capital Management LLC now owns 455 shares of the computer hardware maker’s stock worth $72,000 after acquiring an additional 145 shares during the last quarter. Barnes Dennig Private Wealth Management LLC bought a new position in NVIDIA during the 1st quarter worth approximately $51,000. Finally, 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. 65.27% of the stock is currently owned by institutional investors.

NVIDIA Trading Down 0.3%

NASDAQ NVDA opened at $182.64 on Tuesday. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08. NVIDIA Corporation has a twelve month low of $86.62 and a twelve month high of $195.62. The firm has a market capitalization of $4.44 trillion, a PE ratio of 52.03, a P/E/G ratio of 1.32 and a beta of 2.12. The stock’s 50 day moving average is $179.41 and its 200 day moving average is $154.25.

NVIDIA (NASDAQ:NVDA) last released its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share 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 company had revenue of $46.74 billion for the quarter, compared to analyst estimates of $45.65 billion. During the same period in the previous year, the company posted $0.68 earnings per share. The firm’s revenue was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. Research analysts forecast that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement

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

Insider Buying and Selling

In other NVIDIA news, CEO Jen Hsun Huang sold 75,000 shares of the business’s stock in a transaction on Monday, October 20th. The stock was sold at an average price of $183.38, for a total value of $13,753,500.00. Following the sale, the chief executive officer directly owned 70,108,203 shares of the company’s stock, valued at approximately $12,856,442,266.14. The trade was a 0.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders sold 3,828,937 shares of company stock valued at $682,264,276 over the last 90 days. Insiders own 4.17% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently issued reports on NVDA. BNP Paribas upgraded NVIDIA to a “hold” rating in a research report on Friday, August 1st. Evercore ISI raised their price target on NVIDIA from $214.00 to $225.00 and gave the stock an “outperform” rating in a research report on Tuesday, September 23rd. Wolfe Research raised their price target on NVIDIA from $220.00 to $230.00 in a research report on Tuesday, September 23rd. JPMorgan Chase & Co. reiterated a “buy” rating and issued a $215.00 price objective on shares of NVIDIA in a research report on Friday, September 19th. Finally, Craig Hallum lifted their price objective on NVIDIA from $195.00 to $245.00 and gave the stock a “buy” rating in a research report on Thursday, August 28th. Five research analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, NVIDIA presently has an average rating of “Buy” and an average price target of $222.23.

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.