NVIDIA Corporation $NVDA Shares Sold by Watershed Private Wealth LLC

Watershed Private Wealth LLC lowered its stake in NVIDIA Corporation (NASDAQ:NVDA) by 1.0% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 53,846 shares of the computer hardware maker’s stock after selling 540 shares during the quarter. NVIDIA makes up approximately 3.1% of Watershed Private Wealth LLC’s investment portfolio, making the stock its 10th largest position. Watershed Private Wealth LLC’s holdings in NVIDIA were worth $8,507,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in NVDA. SGL Investment Advisors Inc. boosted its holdings in shares of NVIDIA by 3.2% in the 2nd quarter. SGL Investment Advisors Inc. now owns 34,290 shares of the computer hardware maker’s stock valued at $5,486,000 after buying an additional 1,062 shares during the last quarter. Shell Asset Management Co. lifted its stake in NVIDIA by 26.2% in the 2nd quarter. Shell Asset Management Co. now owns 1,245,097 shares of the computer hardware maker’s stock valued at $196,713,000 after purchasing an additional 258,412 shares during the last quarter. Solitude Financial Services grew its holdings in NVIDIA by 46.2% during the second quarter. Solitude Financial Services now owns 29,926 shares of the computer hardware maker’s stock worth $4,728,000 after purchasing an additional 9,460 shares during the period. Asset Planning Corporation increased its position in NVIDIA by 3.1% during the second quarter. Asset Planning Corporation now owns 3,203 shares of the computer hardware maker’s stock worth $506,000 after buying an additional 95 shares during the last quarter. Finally, Foundation Wealth Management LLC increased its position in NVIDIA by 70.4% during the second quarter. Foundation Wealth Management LLC now owns 4,305 shares of the computer hardware maker’s stock worth $680,000 after buying an additional 1,779 shares during the last quarter. Institutional investors and hedge funds own 65.27% of the company’s stock.

NVIDIA Stock Up 2.3%

Shares of NASDAQ 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 stock’s fifty day moving average is $179.46 and its 200 day moving average 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 stock has a market capitalization of $4.53 trillion, a P/E ratio of 53.07, a PEG ratio of 1.34 and a beta of 2.12.

NVIDIA (NASDAQ:NVDA) last released 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 firm had revenue of $46.74 billion for the quarter, compared to analyst estimates of $45.65 billion. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The business’s quarterly revenue was up 55.6% compared to the same quarter last year. During the same period last year, the firm earned $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. Sell-side analysts forecast that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th were issued a dividend of $0.01 per share. The ex-dividend date of this dividend was Thursday, September 11th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.0%. NVIDIA’s payout ratio is 1.14%.

Insider Activity

In related news, CEO Jen Hsun Huang sold 75,000 shares of the company’s stock in a transaction that occurred on Wednesday, October 22nd. The shares were sold at an average price of $179.91, for a total transaction of $13,493,250.00. Following the completion of the transaction, the chief executive officer directly owned 69,958,203 shares in the company, valued at $12,586,180,301.73. This represents a 0.11% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Colette Kress sold 27,640 shares of the firm’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 owned 2,855,762 shares in the company, valued at $518,092,342.04. This represents a 0.96% decrease in their position. The disclosure for this sale can be found here. Insiders sold 3,726,577 shares of company stock worth $665,502,375 over the last ninety days. 4.17% of the stock is currently owned by insiders.

Analyst Ratings Changes

NVDA has been the topic of a number of recent analyst reports. Mizuho boosted their target price on NVIDIA from $205.00 to $225.00 and gave the stock an “outperform” rating in a report on Monday, October 13th. Wedbush reiterated an “outperform” rating and issued a $210.00 price target on shares of NVIDIA in a research note on Thursday, August 28th. Hsbc Global Res upgraded NVIDIA from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 15th. Benchmark upped their target price on NVIDIA from $190.00 to $220.00 and gave the company a “buy” rating in a research report on Thursday, August 28th. Finally, The Goldman Sachs Group set a $210.00 price target on NVIDIA and gave the stock a “buy” rating in a report on Monday, October 6th. Five research analysts have rated the stock with a Strong Buy rating, forty have assigned a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $222.23.

About NVIDIA

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.