NVIDIA Corporation $NVDA Shares Sold by Ameriflex Group Inc.

Ameriflex Group Inc. lessened its position in shares of NVIDIA Corporation (NASDAQ:NVDA) by 11.4% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 76,263 shares of the computer hardware maker’s stock after selling 9,860 shares during the period. NVIDIA comprises 6.2% of Ameriflex Group Inc.’s investment portfolio, making the stock its biggest holding. Ameriflex Group Inc.’s holdings in NVIDIA were worth $11,822,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in NVDA. Astoria Portfolio Advisors LLC. boosted its stake in NVIDIA by 0.9% during the 1st quarter. Astoria Portfolio Advisors LLC. now owns 93,568 shares of the computer hardware maker’s stock worth $9,610,000 after purchasing an additional 864 shares during the period. Centerpoint Advisory Group boosted its stake in 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 period. GSB Wealth Management LLC lifted its stake in shares of NVIDIA by 3.3% in the 1st quarter. GSB Wealth Management LLC now owns 32,611 shares of the computer hardware maker’s stock worth $3,534,000 after acquiring an additional 1,043 shares during the period. Variant Private Wealth LLC lifted its stake in shares of NVIDIA by 20.6% in the 1st quarter. Variant Private Wealth LLC now owns 18,800 shares of the computer hardware maker’s stock worth $2,038,000 after acquiring an additional 3,206 shares during the period. Finally, Financial Perspectives Inc lifted its stake in shares of NVIDIA by 2.8% in the 1st quarter. Financial Perspectives Inc now owns 45,958 shares of the computer hardware maker’s stock worth $4,981,000 after acquiring an additional 1,265 shares during the period. Institutional investors and hedge funds own 65.27% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. New Street Research raised their target price on shares of NVIDIA from $200.00 to $235.00 and gave the stock a “buy” rating in a research note on Friday, September 12th. Oppenheimer restated an “outperform” rating and issued a $225.00 target price (up previously from $200.00) on shares of NVIDIA in a research note on Thursday, August 28th. Phillip Securities upgraded shares of NVIDIA from a “moderate buy” rating to a “strong-buy” rating in a research note on Monday, July 14th. Sanford C. Bernstein restated a “buy” rating on shares of NVIDIA in a report on Tuesday, September 23rd. Finally, The Goldman Sachs Group set a $210.00 target price on shares of NVIDIA and gave the company a “buy” rating in a report on Monday, October 6th. Five 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 issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $222.23.

NVIDIA Price Performance

NVDA opened at $181.16 on Wednesday. The company’s 50 day simple moving average is $179.37 and its 200 day simple moving average is $154.43. 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 Corporation has a 1 year low of $86.62 and a 1 year high of $195.62. The stock has a market capitalization of $4.40 trillion, a PE ratio of 51.61, a P/E/G ratio of 1.32 and a beta of 2.12.

NVIDIA (NASDAQ:NVDA) last released its 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 net margin of 52.41% and a return on equity of 101.74%. The business had revenue of $46.74 billion for the quarter, compared to analysts’ expectations of $45.65 billion. During the same period last year, the company earned $0.68 earnings per share. The company’s quarterly revenue was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. As a group, sell-side analysts expect that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, October 2nd. Investors of record on Thursday, September 11th were given a $0.01 dividend. The ex-dividend date of this dividend 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 currently 1.14%.

Insider Activity

In related news, CEO Jen Hsun Huang sold 75,000 shares of the firm’s stock in a transaction that occurred on Monday, October 20th. The shares were 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. This trade represents a 0.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold 3,753,937 shares of company stock valued at $669,548,776 over the last 90 days. 4.17% of the stock is currently owned by company insiders.

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.