Copperwynd Financial LLC Sells 24,389 Shares of NVIDIA Corporation $NVDA

Copperwynd Financial LLC cut its stake in NVIDIA Corporation (NASDAQ:NVDA) by 53.3% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 21,406 shares of the computer hardware maker’s stock after selling 24,389 shares during the quarter. NVIDIA comprises about 0.8% of Copperwynd Financial LLC’s holdings, making the stock its 26th biggest holding. Copperwynd Financial LLC’s holdings in NVIDIA were worth $3,382,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in NVDA. Kingstone Capital Partners Texas LLC increased its stake in shares of NVIDIA by 267,959.7% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 382,373,765 shares of the computer hardware maker’s stock worth $64,976,521,000 after acquiring an additional 382,231,120 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of NVIDIA by 2.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 206,794,926 shares of the computer hardware maker’s stock worth $22,412,434,000 after acquiring an additional 5,896,735 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in shares of NVIDIA by 123.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 187,995,213 shares of the computer hardware maker’s stock worth $20,374,921,000 after acquiring an additional 103,889,872 shares in the last quarter. Nuveen LLC bought a new position in shares of NVIDIA in the 1st quarter worth about $15,089,414,000. Finally, Amundi increased its stake in shares of NVIDIA by 16.0% in the 1st quarter. Amundi now owns 135,770,043 shares of the computer hardware maker’s stock worth $13,826,199,000 after acquiring an additional 18,733,431 shares in the last quarter. 65.27% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other NVIDIA news, CEO Jen Hsun Huang sold 75,000 shares of NVIDIA stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $169.65, for a total transaction of $12,723,750.00. Following the completion of the transaction, the chief executive officer directly owned 72,698,366 shares of the company’s stock, valued at $12,333,277,791.90. The trade was a 0.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Harvey C. Jones sold 250,000 shares of NVIDIA stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $176.21, for a total transaction of $44,052,500.00. Following the sale, the director owned 7,183,280 shares of the company’s stock, valued at $1,265,765,768.80. The trade was a 3.36% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 3,751,577 shares of company stock valued at $670,766,375 over the last three months. 4.17% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

NVDA has been the topic of several recent analyst reports. Needham & Company LLC increased their price objective on shares of NVIDIA from $200.00 to $240.00 and gave the company a “buy” rating in a research report on Wednesday. HSBC set a $320.00 price objective on shares of NVIDIA and gave the company a “buy” rating in a research report on Wednesday, October 15th. Arete increased their price objective on shares of NVIDIA from $235.00 to $244.00 and gave the company a “buy” rating in a research report on Tuesday, October 14th. Evercore ISI set a $261.00 price objective on shares of NVIDIA and gave the company an “outperform” rating in a research report on Wednesday. Finally, BNP Paribas raised shares of NVIDIA to a “hold” rating in a research report on Friday, August 1st. Five investment analysts have rated the stock with a Strong Buy rating, forty have assigned a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, NVIDIA has an average rating of “Buy” and an average price target of $227.26.

NVIDIA Price Performance

Shares of NASDAQ:NVDA opened at $207.04 on Thursday. 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 1-year low of $86.62 and a 1-year high of $212.19. The company has a market capitalization of $5.03 trillion, a P/E ratio of 58.99, a P/E/G ratio of 1.45 and a beta of 2.12. The firm’s 50 day simple moving average is $180.79 and its two-hundred day simple moving average is $158.39.

NVIDIA (NASDAQ:NVDA) last released its quarterly earnings data 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 firm had revenue of $46.74 billion for 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 company’s revenue for the quarter was up 55.6% compared to the same quarter last year. During the same quarter last year, the business posted $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. Research analysts expect that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Announces Dividend

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

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.