Independent Solutions Wealth Management LLC Sells 2,607 Shares of NVIDIA Corporation $NVDA

Independent Solutions Wealth Management LLC trimmed its position in shares of NVIDIA Corporation (NASDAQ:NVDA) by 2.5% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 103,202 shares of the computer hardware maker’s stock after selling 2,607 shares during the period. NVIDIA accounts for approximately 3.2% of Independent Solutions Wealth Management LLC’s investment portfolio, making the stock its 4th biggest position. Independent Solutions Wealth Management LLC’s holdings in NVIDIA were worth $16,305,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of NVDA. Brighton Jones LLC raised its holdings in shares of NVIDIA by 12.4% in the 4th quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker’s stock valued at $43,631,000 after purchasing an additional 35,815 shares during the period. Bank Pictet & Cie Europe AG raised its holdings in shares of NVIDIA by 1.0% in the 4th quarter. Bank Pictet & Cie Europe AG now owns 2,346,417 shares of the computer hardware maker’s stock valued at $315,100,000 after purchasing an additional 22,929 shares during the period. Highview Capital Management LLC DE raised its holdings in shares of NVIDIA by 6.7% in the 4th quarter. Highview Capital Management LLC DE now owns 58,396 shares of the computer hardware maker’s stock valued at $7,842,000 after purchasing an additional 3,653 shares during the period. Hudson Value Partners LLC raised its position in shares of NVIDIA by 30.7% in the fourth quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker’s stock valued at $6,805,000 after purchasing an additional 11,900 shares during the period. Finally, Wealth Group Ltd. lifted its stake in shares of NVIDIA by 15.7% during the 1st quarter. Wealth Group Ltd. now owns 6,598 shares of the computer hardware maker’s stock worth $715,000 after buying an additional 896 shares during the last quarter. 65.27% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

NVDA has been the topic of several research analyst reports. Wall Street Zen raised shares of NVIDIA from a “hold” rating to a “buy” rating in a report on Sunday, October 19th. Citigroup reiterated a “buy” rating and set a $210.00 target price (up previously from $200.00) on shares of NVIDIA in a research note on Tuesday, September 30th. JPMorgan Chase & Co. restated a “buy” rating and issued a $215.00 price target on shares of NVIDIA in a research note on Friday, September 19th. Craig Hallum upped their price objective on NVIDIA from $195.00 to $245.00 and gave the company a “buy” rating in a report on Thursday, August 28th. Finally, New Street Research lifted their target price on NVIDIA from $200.00 to $235.00 and gave the stock a “buy” rating in a report on Friday, September 12th. Five equities research analysts have rated the stock with a Strong Buy rating, forty have given a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of $222.23.

Insider Activity

In other news, Director Harvey C. Jones sold 250,000 shares of the stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $176.21, for a total value of $44,052,500.00. Following the completion of the transaction, the director owned 7,183,280 shares of the company’s stock, valued at approximately $1,265,765,768.80. This represents a 3.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Jen Hsun Huang sold 75,000 shares of the company’s stock in a transaction that occurred on Friday, August 29th. The stock was sold at an average price of $174.46, for a total transaction of $13,084,500.00. Following the transaction, the chief executive officer owned 72,773,366 shares of the company’s stock, valued at approximately $12,696,041,432.36. This represents a 0.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 3,726,577 shares of company stock worth $665,502,375. 4.17% of the stock is currently owned by corporate insiders.

NVIDIA Stock Performance

NASDAQ NVDA opened at $186.26 on Monday. The firm has a 50-day moving average price of $179.46 and a two-hundred day moving average price of $156.52. The company has a market capitalization 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. 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 12-month low of $86.62 and a 12-month high of $195.62.

NVIDIA (NASDAQ:NVDA) last issued its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, beating the consensus estimate of $1.01 by $0.04. The company had revenue of $46.74 billion during the quarter, compared to analysts’ expectations of $45.65 billion. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The business’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 company earned $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. Analysts anticipate that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th were given a $0.01 dividend. 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 presently 1.14%.

NVIDIA 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.