NVIDIA Corporation $NVDA Shares Sold by Hendley & Co. Inc.

Hendley & Co. Inc. lessened its stake in shares of NVIDIA Corporation (NASDAQ:NVDA) by 0.9% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 27,227 shares of the computer hardware maker’s stock after selling 250 shares during the quarter. NVIDIA comprises about 1.5% of Hendley & Co. Inc.’s investment portfolio, making the stock its 26th biggest position. Hendley & Co. Inc.’s holdings in NVIDIA were worth $4,302,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of NVDA. Kathleen S. Wright Associates Inc. grew 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 buying an additional 254 shares during the last quarter. Barnes Dennig Private Wealth Management LLC acquired a new stake in NVIDIA during the 1st quarter valued at $51,000. Legend Financial Advisors Inc. acquired a new stake in NVIDIA during the 2nd quarter valued at $55,000. Campbell Capital Management Inc. boosted its holdings in shares of NVIDIA by 5,900.0% during the first quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker’s stock worth $65,000 after purchasing an additional 590 shares during the last quarter. Finally, Luken Investment Analytics LLC boosted its holdings in shares of NVIDIA by 107.0% during the first quarter. Luken Investment Analytics LLC now owns 621 shares of the computer hardware maker’s stock worth $67,000 after purchasing an additional 321 shares during the last quarter. Institutional investors and hedge funds own 65.27% of the company’s stock.

Insider Buying and Selling

In related news, Director Harvey C. Jones sold 250,000 shares of the business’s stock in a transaction dated Thursday, September 18th. The stock was sold at an average price of $176.21, for a total value of $44,052,500.00. Following the transaction, the director owned 7,183,280 shares in the company, valued at approximately $1,265,765,768.80. The trade was a 3.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Mark A. Stevens sold 350,000 shares of the business’s stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $176.39, for a total value of $61,736,500.00. Following the completion of the transaction, the director owned 7,399,803 shares in the company, valued at approximately $1,305,251,251.17. This trade represents a 4.52% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 3,726,577 shares of company stock worth $665,502,375. 4.17% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the company. Jefferies Financial Group restated a “buy” rating and set a $220.00 price objective (up previously from $205.00) on shares of NVIDIA in a report on Monday, September 29th. JPMorgan Chase & Co. restated a “buy” rating and set a $215.00 price objective on shares of NVIDIA in a report on Friday, September 19th. Mizuho raised their price objective on NVIDIA from $205.00 to $225.00 and gave the stock an “outperform” rating in a report on Monday, October 13th. DA Davidson upgraded NVIDIA from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $195.00 to $210.00 in a report on Thursday, September 11th. Finally, UBS Group set a $320.00 price objective on NVIDIA in a report on Wednesday, October 15th. Five investment analysts have rated the stock with a Strong Buy rating, forty have assigned a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, NVIDIA has a consensus rating of “Buy” and a consensus target price of $222.23.

NVIDIA Trading Up 2.8%

NASDAQ:NVDA opened at $191.49 on Tuesday. The business’s 50-day moving average is $179.65 and its two-hundred day moving average is $157.06. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.21 and a quick ratio of 3.60. NVIDIA Corporation has a 12 month low of $86.62 and a 12 month high of $195.62. The firm has a market capitalization of $4.65 trillion, a PE ratio of 54.56, a price-to-earnings-growth ratio of 1.34 and a beta of 2.12.

NVIDIA (NASDAQ:NVDA) last announced 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 business had revenue of $46.74 billion for the quarter, compared to analyst estimates of $45.65 billion. During the same period in the previous year, the company earned $0.68 earnings per share. The company’s revenue for the quarter was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. Research analysts predict that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal 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 $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 1.14%.

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.