Gutierrez Wealth Advisory LLC Sells 658 Shares of NVIDIA Corporation $NVDA

Gutierrez Wealth Advisory LLC reduced its holdings in NVIDIA Corporation (NASDAQ:NVDA) by 30.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,535 shares of the computer hardware maker’s stock after selling 658 shares during the period. Gutierrez Wealth Advisory LLC’s holdings in NVIDIA were worth $243,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Astoria Portfolio Advisors LLC. grew its position in NVIDIA by 0.9% in the first quarter. Astoria Portfolio Advisors LLC. now owns 93,568 shares of the computer hardware maker’s stock valued at $9,610,000 after acquiring an additional 864 shares during the period. Centerpoint Advisory Group boosted its stake in NVIDIA by 2.5% in the first 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 in the last quarter. GSB Wealth Management LLC raised its position in shares of NVIDIA by 3.3% during the first 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 last quarter. Variant Private Wealth LLC raised its position in shares of NVIDIA by 20.6% during the first 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 last quarter. Finally, Financial Perspectives Inc increased its holdings in NVIDIA by 2.8% in the first quarter. Financial Perspectives Inc now owns 45,958 shares of the computer hardware maker’s stock valued at $4,981,000 after purchasing an additional 1,265 shares during the last quarter. Institutional investors and hedge funds own 65.27% of the company’s stock.

Wall Street Analyst Weigh In

NVDA has been the subject of a number of recent analyst reports. DA Davidson upgraded NVIDIA from a “neutral” rating to a “buy” rating and upped their price objective for the company from $195.00 to $210.00 in a report on Thursday, September 11th. Oppenheimer reaffirmed an “outperform” rating and set a $225.00 price objective (up from $200.00) on shares of NVIDIA in a research report on Thursday, August 28th. Rosenblatt Securities reissued a “buy” rating and set a $215.00 price target on shares of NVIDIA in a research report on Tuesday, September 23rd. Robert W. Baird upped their price objective on NVIDIA from $195.00 to $225.00 and gave the company an “outperform” rating in a research note on Monday, August 25th. Finally, KeyCorp restated an “overweight” rating and issued a $250.00 price objective (up previously from $230.00) on shares of NVIDIA in a research note on Tuesday, September 30th. Five equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $222.23.

Insider Transactions at NVIDIA

In other NVIDIA news, CEO Jen Hsun Huang sold 75,000 shares of the business’s stock in a transaction 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 of the company’s stock, valued at $13,098,897,766. The trade was a 0.10% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Mark A. Stevens sold 350,000 shares of the business’s stock in a transaction on Friday, September 19th. The shares were sold at an average price of $176.39, for a total transaction of $61,736,500.00. Following the sale, the director directly owned 7,399,803 shares in the company, valued at $1,305,251,251.17. The trade was a 4.52% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 3,753,937 shares of company stock worth $669,548,776 in the last 90 days. Insiders own 4.17% of the company’s stock.

NVIDIA Trading Down 0.5%

NASDAQ NVDA opened at $180.28 on Thursday. The company has a market cap of $4.38 trillion, a price-to-earnings ratio of 51.36, a price-to-earnings-growth ratio of 1.31 and a beta of 2.12. 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 business’s fifty day moving average is $179.34 and its 200 day moving average is $154.61.

NVIDIA (NASDAQ:NVDA) last announced 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 return on equity of 101.74% and a net margin of 52.41%.The business had revenue of $46.74 billion during the quarter, compared to analyst estimates of $45.65 billion. During the same period last year, the company earned $0.68 EPS. NVIDIA’s revenue for the quarter was up 55.6% compared to the same quarter last year. 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 fiscal year.

NVIDIA Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th were paid 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 payout ratio is presently 1.14%.

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.