Mascoma Wealth Management LLC Sells 304 Shares of NVIDIA Corporation $NVDA

Mascoma Wealth Management LLC cut its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA) by 5.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,765 shares of the computer hardware maker’s stock after selling 304 shares during the quarter. Mascoma Wealth Management LLC’s holdings in NVIDIA were worth $911,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in NVDA. Astoria Portfolio Advisors LLC. raised its position in shares of 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 purchasing an additional 864 shares during the period. Centerpoint Advisory Group grew its stake in NVIDIA by 2.5% in the 1st quarter. Centerpoint Advisory Group now owns 39,398 shares of the computer hardware maker’s stock valued at $4,270,000 after buying an additional 943 shares during the last quarter. GSB Wealth Management LLC raised its holdings in NVIDIA by 3.3% in the 1st quarter. GSB Wealth Management LLC now owns 32,611 shares of the computer hardware maker’s stock valued at $3,534,000 after acquiring an additional 1,043 shares during the period. Variant Private Wealth LLC raised its holdings in NVIDIA by 20.6% in the 1st quarter. Variant Private Wealth LLC now owns 18,800 shares of the computer hardware maker’s stock valued at $2,038,000 after acquiring an additional 3,206 shares during the period. Finally, Financial Perspectives Inc lifted its position in NVIDIA by 2.8% during the first 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 last quarter. Institutional investors and hedge funds own 65.27% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently commented on the company. Oppenheimer reaffirmed an “outperform” rating and issued a $225.00 target price (up previously from $200.00) on shares of NVIDIA in a research report on Thursday, August 28th. UBS Group set a $320.00 price target on NVIDIA in a research note on Wednesday, October 15th. BNP Paribas upgraded NVIDIA to a “hold” rating in a research report on Friday, August 1st. DA Davidson raised NVIDIA from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $195.00 to $210.00 in a report on Thursday, September 11th. Finally, Rosenblatt Securities restated a “buy” rating and issued a $215.00 price target on shares of NVIDIA in a research note on Tuesday, September 23rd. Five equities research analysts have rated the stock with a Strong Buy rating, forty have assigned a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, NVIDIA has an average rating of “Buy” and a consensus target price of $222.23.

NVIDIA Stock Performance

NVDA opened at $182.16 on Friday. 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 52-week low of $86.62 and a 52-week high of $195.62. The firm has a market cap of $4.43 trillion, a P/E ratio of 51.90, a price-to-earnings-growth ratio of 1.30 and a beta of 2.12. The business’s fifty day moving average is $179.35 and its 200-day moving average is $155.20.

NVIDIA (NASDAQ:NVDA) last posted its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, beating analysts’ consensus estimates of $1.01 by $0.04. The business had revenue of $46.74 billion during the quarter, compared to the consensus estimate of $45.65 billion. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.NVIDIA’s revenue for the quarter was up 55.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. Sell-side analysts expect that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Announces Dividend

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 dividend payout ratio (DPR) is currently 1.14%.

Insider Activity at NVIDIA

In other NVIDIA news, CEO Jen Hsun Huang sold 75,000 shares of the business’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 completion of the transaction, the chief executive officer directly owned 73,523,225 shares in the company, valued at $13,098,897,766. The trade was a 0.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Harvey C. Jones sold 250,000 shares of the company’s stock in a transaction on Thursday, September 18th. The stock was sold at an average price of $176.21, for a total value of $44,052,500.00. Following the sale, the director owned 7,183,280 shares of the company’s stock, valued at $1,265,765,768.80. The trade was a 3.36% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 3,801,577 shares of company stock valued at $678,643,875 over the last three months. 4.17% of the stock is owned by insiders.

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.