HMV Wealth Advisors LLC reduced its stake in shares of NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 46.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,577 shares of the computer hardware maker’s stock after selling 7,318 shares during the quarter. NVIDIA accounts for approximately 0.9% of HMV Wealth Advisors LLC’s holdings, making the stock its 25th biggest position. HMV Wealth Advisors LLC’s holdings in NVIDIA were worth $1,355,000 as of its most recent SEC filing.
Other large investors have also recently bought and sold shares of the company. Pachira Investments Inc. increased its holdings in NVIDIA by 1.0% during the second quarter. Pachira Investments Inc. now owns 6,450 shares of the computer hardware maker’s stock worth $1,019,000 after buying an additional 63 shares during the last quarter. Warner Financial Inc. boosted its position in NVIDIA by 2.3% during the second quarter. Warner Financial Inc. now owns 2,911 shares of the computer hardware maker’s stock worth $460,000 after purchasing an additional 66 shares during the period. HFG Wealth Management LLC boosted its position in NVIDIA by 3.4% during the second quarter. HFG Wealth Management LLC now owns 2,075 shares of the computer hardware maker’s stock worth $328,000 after purchasing an additional 68 shares during the period. Hidden Cove Wealth Management LLC boosted its position in shares of 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 acquiring an additional 69 shares during the period. Finally, Summit Financial Strategies Inc. boosted its position in shares of 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 acquiring an additional 69 shares during the period. 65.27% of the stock is currently owned by institutional investors and hedge funds.
Insiders Place Their Bets
In related news, CEO Jen Hsun Huang sold 75,000 shares of the stock in a transaction on Wednesday, October 22nd. The stock was sold at an average price of $179.91, for a total value of $13,493,250.00. Following the completion of 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 represents a 0.11% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Colette Kress sold 27,640 shares of the stock in a transaction on Tuesday, October 21st. The shares were sold at an average price of $181.42, for a total value 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 disclosure for this sale can be found here. Insiders sold a total of 3,801,577 shares of company stock valued at $678,643,875 over the last three months. 4.17% of the stock is currently owned by insiders.
Analyst Ratings Changes
Check Out Our Latest Analysis on NVDA
NVIDIA Price Performance
Shares of NVDA opened at $186.26 on Friday. NVIDIA Corporation has a 12-month low of $86.62 and a 12-month high of $195.62. The business’s fifty day moving average is $179.46 and its 200 day moving average is $156.23. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08. The stock has a market cap of $4.53 trillion, a P/E ratio of 53.07, a P/E/G ratio of 1.34 and a beta of 2.12.
NVIDIA (NASDAQ:NVDA – Get Free Report) last issued its earnings results 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. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The company had revenue of $46.74 billion for the quarter, compared to analysts’ expectations of $45.65 billion. During the same period last year, the business earned $0.68 EPS. NVIDIA’s quarterly revenue was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. Sell-side analysts anticipate that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.
NVIDIA Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Thursday, October 2nd. Investors of record on Thursday, September 11th were given a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. The ex-dividend date of this dividend was Thursday, September 11th. NVIDIA’s dividend 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.
Recommended Stories
- Five stocks we like better than NVIDIA
- Bank Stocks – Best Bank Stocks to Invest In
- Tractor Supply Stock Looks Like a Buy-and-Hold Winner
- Profitably Trade Stocks at 52-Week Highs
- 3 Stocks Well Below 52-Week Highs Poised for a Q4 Rebound
- Large Cap Stock Definition and How to Invest
- Big Banks Are Setting the Tone as Earnings Season Kicks Off
Want to see what other hedge funds are holding NVDA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NVIDIA Corporation (NASDAQ:NVDA – Free Report).
Receive News & Ratings for NVIDIA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NVIDIA and related companies with MarketBeat.com's FREE daily email newsletter.
