AWM Capital LLC lessened its position in NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 2.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,555 shares of the computer hardware maker’s stock after selling 208 shares during the quarter. AWM Capital LLC’s holdings in NVIDIA were worth $1,194,000 at the end of the most recent quarter.
Several other institutional investors have also recently bought and sold shares of NVDA. Pachira Investments Inc. boosted its position in NVIDIA by 1.0% in the second quarter. Pachira Investments Inc. now owns 6,450 shares of the computer hardware maker’s stock valued at $1,019,000 after buying an additional 63 shares in the last quarter. Warner Financial Inc. boosted its position in NVIDIA by 2.3% in the second quarter. Warner Financial Inc. now owns 2,911 shares of the computer hardware maker’s stock valued at $460,000 after buying an additional 66 shares in the last quarter. HFG Wealth Management LLC boosted its position in NVIDIA by 3.4% in the second quarter. HFG Wealth Management LLC now owns 2,075 shares of the computer hardware maker’s stock valued at $328,000 after buying an additional 68 shares in the last quarter. Hidden Cove Wealth Management LLC boosted its position in NVIDIA by 0.3% in the second quarter. Hidden Cove Wealth Management LLC now owns 23,778 shares of the computer hardware maker’s stock valued at $3,757,000 after buying an additional 69 shares in the last quarter. Finally, Summit Financial Strategies Inc. boosted its position in NVIDIA by 0.6% in the second quarter. Summit Financial Strategies Inc. now owns 11,637 shares of the computer hardware maker’s stock valued at $1,839,000 after buying an additional 69 shares in the last quarter. Institutional investors own 65.27% of the company’s stock.
Wall Street Analyst Weigh In
A number of equities analysts have commented on NVDA shares. DA Davidson upgraded shares of NVIDIA from a “neutral” rating to a “buy” rating and boosted their price target for the company from $195.00 to $210.00 in a research report on Thursday, September 11th. JPMorgan Chase & Co. restated a “buy” rating and issued a $215.00 price target on shares of NVIDIA in a research report on Friday, September 19th. Daiwa Capital Markets boosted their price target on shares of NVIDIA from $165.00 to $205.00 and gave the company an “outperform” rating in a research report on Wednesday, September 17th. The Goldman Sachs Group set a $210.00 price target on shares of NVIDIA and gave the company a “buy” rating in a research report on Monday, October 6th. Finally, Benchmark boosted their target price on shares of NVIDIA from $190.00 to $220.00 and gave the stock a “buy” rating in a research note on Thursday, August 28th. Five research analysts have rated the stock with a Strong Buy rating, forty have issued a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Buy” and an average price target of $222.23.
NVIDIA Trading Up 2.3%
NVDA opened at $186.26 on Friday. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.21 and a quick ratio of 3.60. The company has a market cap of $4.53 trillion, a price-to-earnings ratio of 53.07, a price-to-earnings-growth ratio of 1.31 and a beta of 2.12. The firm has a 50 day simple moving average of $179.46 and a 200 day simple moving average of $155.82. NVIDIA Corporation has a fifty-two week low of $86.62 and a fifty-two week high of $195.62.
NVIDIA (NASDAQ:NVDA – Get Free Report) last posted its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share for the quarter, topping 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 net margin of 52.41% and a return on equity of 101.74%. NVIDIA’s revenue for the quarter was up 55.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. On average, sell-side analysts anticipate that NVIDIA Corporation will post 2.77 earnings per share for the current year.
NVIDIA Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Thursday, October 2nd. Investors of record on Thursday, September 11th were paid a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.0%. The ex-dividend date of this dividend was Thursday, September 11th. NVIDIA’s payout ratio is 1.14%.
Insider Buying and Selling
In related news, CFO Colette Kress sold 27,640 shares of the business’s stock in a transaction that occurred on Tuesday, October 21st. The shares were sold at an average price of $181.42, for a total transaction of $5,014,448.80. Following the completion of the sale, the chief financial officer directly owned 2,855,762 shares of the company’s stock, valued at $518,092,342.04. The trade was a 0.96% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CEO Jen Hsun Huang sold 75,000 shares of the business’s stock in a transaction that occurred on Wednesday, October 22nd. The stock was sold at an average price of $179.91, for a total transaction of $13,493,250.00. Following the sale, the chief executive officer directly owned 69,958,203 shares of the company’s stock, valued at approximately $12,586,180,301.73. This trade represents a 0.11% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 3,801,577 shares of company stock valued at $678,643,875. 4.17% of the stock is currently 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.
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