Pure Portfolios Holdings LLC Sells 1,259 Shares of NVIDIA Corporation $NVDA

Pure Portfolios Holdings LLC lowered its holdings in NVIDIA Corporation (NASDAQ:NVDA) by 3.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 39,494 shares of the computer hardware maker’s stock after selling 1,259 shares during the period. NVIDIA comprises about 2.1% of Pure Portfolios Holdings LLC’s portfolio, making the stock its 13th largest holding. Pure Portfolios Holdings LLC’s holdings in NVIDIA were worth $6,240,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in NVDA. Brighton Jones LLC grew its position 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 acquiring an additional 35,815 shares during the period. Bank Pictet & Cie Europe AG grew its position 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 acquiring an additional 22,929 shares during the period. Highview Capital Management LLC DE grew its position 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 acquiring an additional 3,653 shares during the period. Hudson Value Partners LLC grew its position in shares of NVIDIA by 30.7% in the 4th quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker’s stock valued at $6,805,000 after acquiring an additional 11,900 shares during the period. Finally, Wealth Group Ltd. grew its position in shares of NVIDIA by 15.7% in the 1st quarter. Wealth Group Ltd. now owns 6,598 shares of the computer hardware maker’s stock valued at $715,000 after acquiring an additional 896 shares during the period. Institutional investors own 65.27% of the company’s stock.

Insider Activity at NVIDIA

In related news, CEO Jen Hsun Huang sold 75,000 shares of NVIDIA 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 sale, the chief executive officer directly owned 69,958,203 shares of the company’s stock, valued at approximately $12,586,180,301.73. The trade was a 0.11% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Colette Kress sold 27,640 shares of NVIDIA 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 sale, the chief financial officer directly owned 2,855,762 shares in the company, valued at $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. Insiders have sold a total of 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.

NVIDIA Price Performance

Shares of NASDAQ:NVDA opened at $191.49 on Tuesday. The firm has a 50 day moving average of $179.65 and a 200-day moving average of $157.06. The stock has a market capitalization of $4.65 trillion, a PE ratio of 54.56, a PEG ratio of 1.34 and a beta of 2.12. The company has a current ratio of 4.21, a quick ratio of 3.60 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 announced its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.01 by $0.04. The company 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 firm’s revenue was up 55.6% on a year-over-year basis. During the same period in the previous year, the firm posted $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. On average, equities research analysts predict that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 2nd. Investors 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 annualized dividend and a dividend yield of 0.0%. NVIDIA’s payout ratio is 1.14%.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on NVDA shares. The Goldman Sachs Group set a $210.00 price objective on shares of NVIDIA and gave the company a “buy” rating in a research report on Monday, October 6th. Needham & Company LLC reissued a “buy” rating and issued a $200.00 price objective on shares of NVIDIA in a research report on Thursday, August 28th. Weiss Ratings reissued a “buy (b)” rating on shares of NVIDIA in a research report on Wednesday, October 8th. JPMorgan Chase & Co. restated a “buy” rating and set a $215.00 target price on shares of NVIDIA in a research note on Friday, September 19th. Finally, Jefferies Financial Group restated a “buy” rating and set a $220.00 target price (up previously from $205.00) on shares of NVIDIA in a research note on Monday, September 29th. Five analysts have rated the stock with a Strong Buy rating, forty have issued a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, NVIDIA currently has an average rating of “Buy” and an average target price of $222.23.

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.