Yeomans Consulting Group Inc. Sells 777 Shares of NVIDIA Corporation $NVDA

Yeomans Consulting Group Inc. cut its stake in NVIDIA Corporation (NASDAQ:NVDA) by 12.8% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,279 shares of the computer hardware maker’s stock after selling 777 shares during the quarter. Yeomans Consulting Group Inc.’s holdings in NVIDIA were worth $809,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Abundance Wealth Counselors increased its stake in shares of NVIDIA by 0.5% in the 2nd quarter. Abundance Wealth Counselors now owns 79,527 shares of the computer hardware maker’s stock worth $12,875,000 after acquiring an additional 375 shares in the last quarter. Quattro Financial Advisors LLC increased its stake in shares of NVIDIA by 2.1% in the 2nd quarter. Quattro Financial Advisors LLC now owns 18,133 shares of the computer hardware maker’s stock worth $2,865,000 after acquiring an additional 375 shares in the last quarter. Atwater Malick LLC increased its stake in shares of NVIDIA by 0.9% in the 2nd quarter. Atwater Malick LLC now owns 9,372 shares of the computer hardware maker’s stock worth $1,481,000 after acquiring an additional 83 shares in the last quarter. Warner Financial Inc. increased its stake in shares of NVIDIA by 2.3% in the 2nd quarter. Warner Financial Inc. now owns 2,911 shares of the computer hardware maker’s stock worth $460,000 after acquiring an additional 66 shares in the last quarter. Finally, Verus Financial Partners Inc. increased its stake in shares of NVIDIA by 30.9% in the 2nd quarter. Verus Financial Partners Inc. now owns 2,586 shares of the computer hardware maker’s stock worth $421,000 after acquiring an additional 611 shares in the last quarter. 65.27% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other NVIDIA news, CEO Jen Hsun Huang sold 75,000 shares of the firm’s stock in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of $178.16, for a total transaction of $13,362,000.00. Following the sale, the chief executive officer owned 73,523,225 shares in the company, valued at approximately $13,098,897,766. This trade represents a 0.10% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Harvey C. Jones sold 250,000 shares of the firm’s stock in a transaction that occurred on 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 sale, the director owned 7,183,280 shares in the company, valued at approximately $1,265,765,768.80. The trade was a 3.36% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 3,828,937 shares of company stock valued at $682,264,276. 4.17% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the stock. Truist Financial increased their price target on shares of NVIDIA from $210.00 to $228.00 and gave the stock a “buy” rating in a research note on Thursday, August 28th. Phillip Securities raised shares of NVIDIA from a “moderate buy” rating to a “strong-buy” rating in a research report on Monday, July 14th. Mizuho increased their price objective on shares of NVIDIA from $205.00 to $225.00 and gave the company an “outperform” rating in a research report on Monday, October 13th. Morgan Stanley increased their price objective on shares of NVIDIA from $206.00 to $210.00 and gave the company an “overweight” rating in a research report on Thursday, August 28th. Finally, The Goldman Sachs Group set a $210.00 price objective on shares of NVIDIA and gave the company a “buy” rating in a research report on Monday, October 6th. Five 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. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $222.23.

NVIDIA Stock Performance

NVDA opened at $182.64 on Tuesday. The company has a current ratio of 4.21, a quick ratio of 3.60 and a debt-to-equity ratio of 0.08. The company has a market cap of $4.44 trillion, a price-to-earnings ratio of 52.03, a PEG ratio of 1.32 and a beta of 2.12. The company’s 50 day moving average is $179.41 and its 200 day moving average is $154.25. NVIDIA Corporation has a 12-month low of $86.62 and a 12-month high of $195.62.

NVIDIA (NASDAQ:NVDA) last posted its quarterly earnings data 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 company had revenue of $46.74 billion for the quarter, compared to the consensus estimate of $45.65 billion. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The firm’s revenue was up 55.6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. On average, equities research 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. Investors of record on Thursday, September 11th were issued a $0.01 dividend. The ex-dividend date of this dividend 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 (DPR) is presently 1.14%.

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.