HTG Investment Advisors Inc. Sells 114 Shares of NVIDIA Corporation $NVDA

HTG Investment Advisors Inc. cut its stake in NVIDIA Corporation (NASDAQ:NVDA) by 3.0% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,701 shares of the computer hardware maker’s stock after selling 114 shares during the period. HTG Investment Advisors Inc.’s holdings in NVIDIA were worth $585,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the stock. Legend Financial Advisors Inc. acquired a new position in NVIDIA in the 2nd quarter valued at approximately $55,000. Kathleen S. Wright Associates Inc. lifted its holdings in NVIDIA by 169.3% during the 1st quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker’s stock valued at $44,000 after purchasing an additional 254 shares during the last quarter. Westend Capital Management LLC lifted its holdings in NVIDIA by 46.8% during the 2nd quarter. Westend Capital Management LLC now owns 455 shares of the computer hardware maker’s stock valued at $72,000 after purchasing an additional 145 shares during the last quarter. Barnes Dennig Private Wealth Management LLC bought a new position in NVIDIA during the 1st quarter valued at about $51,000. Finally, Campbell Capital Management Inc. lifted its holdings in NVIDIA by 5,900.0% during the 1st quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker’s stock valued at $65,000 after purchasing an additional 590 shares during the last quarter. 65.27% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the stock. Evercore ISI lifted their price target on shares of NVIDIA from $214.00 to $225.00 and gave the company an “outperform” rating in a report on Tuesday, September 23rd. Craig Hallum raised their price target on NVIDIA from $195.00 to $245.00 and gave the company a “buy” rating in a report on Thursday, August 28th. Rosenblatt Securities reaffirmed a “buy” rating and set a $215.00 price target on shares of NVIDIA in a report on Tuesday, September 23rd. Daiwa Capital Markets raised their price target on NVIDIA from $165.00 to $205.00 and gave the company an “outperform” rating in a report on Wednesday, September 17th. Finally, Barclays reaffirmed an “overweight” rating and set a $240.00 price target (up from $200.00) on shares of NVIDIA in a report on Monday, September 22nd. Five analysts have rated the stock with a Strong Buy rating, forty have given a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, NVIDIA currently has a consensus rating of “Buy” and a consensus price target of $222.23.

NVIDIA Stock Up 2.3%

Shares of NVDA opened at $186.26 on Monday. NVIDIA Corporation has a 52 week low of $86.62 and a 52 week high of $195.62. The business’s fifty day moving average price is $179.46 and its two-hundred day moving average price is $156.52. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.60 and a current ratio of 4.21. The firm has a market capitalization of $4.53 trillion, a price-to-earnings ratio of 53.07, a PEG ratio of 1.34 and a beta of 2.12.

NVIDIA (NASDAQ:NVDA) last issued its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 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 company had revenue of $46.74 billion during the quarter, compared to analysts’ expectations of $45.65 billion. During the same quarter in the previous year, the company earned $0.68 EPS. NVIDIA’s revenue was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. On average, analysts predict 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. Stockholders 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 payout ratio is currently 1.14%.

Insiders Place Their Bets

In other NVIDIA news, CEO Jen Hsun Huang sold 75,000 shares of the firm’s stock in a transaction dated 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 transaction, the chief executive officer owned 69,958,203 shares in the company, valued at approximately $12,586,180,301.73. This trade represents a 0.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Colette Kress sold 27,640 shares of the company’s stock in a transaction dated 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 approximately $518,092,342.04. This trade represents a 0.96% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 3,726,577 shares of company stock valued at $665,502,375. 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.