Freedom Day Solutions LLC Has $5.03 Million Position in NVIDIA Corporation $NVDA

Freedom Day Solutions LLC trimmed its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA) by 12.1% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 31,820 shares of the computer hardware maker’s stock after selling 4,367 shares during the period. NVIDIA comprises approximately 1.3% of Freedom Day Solutions LLC’s investment portfolio, making the stock its 10th biggest position. Freedom Day Solutions LLC’s holdings in NVIDIA were worth $5,027,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Callan Family Office LLC boosted its position in NVIDIA by 201.7% during the second quarter. Callan Family Office LLC now owns 785,706 shares of the computer hardware maker’s stock valued at $124,134,000 after purchasing an additional 525,286 shares during the last quarter. Court Place Advisors LLC lifted its stake in NVIDIA by 2.4% in the second quarter. Court Place Advisors LLC now owns 49,398 shares of the computer hardware maker’s stock valued at $7,804,000 after acquiring an additional 1,166 shares during the last quarter. Blair William & Co. IL lifted its stake in shares of NVIDIA by 4.1% in the 2nd quarter. Blair William & Co. IL now owns 5,599,138 shares of the computer hardware maker’s stock valued at $884,608,000 after purchasing an additional 218,564 shares during the last quarter. CarsonAllaria Wealth Management Ltd. lifted its stake in shares of NVIDIA by 2.6% in the 2nd quarter. CarsonAllaria Wealth Management Ltd. now owns 4,882 shares of the computer hardware maker’s stock valued at $771,000 after purchasing an additional 125 shares during the last quarter. Finally, TFR Capital LLC. lifted its stake in shares of NVIDIA by 1.5% in the 2nd quarter. TFR Capital LLC. now owns 103,150 shares of the computer hardware maker’s stock valued at $16,297,000 after purchasing an additional 1,572 shares during the last quarter. 65.27% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts have recently commented on NVDA shares. Jefferies Financial Group reiterated a “buy” rating and set a $220.00 price target (up from $205.00) on shares of NVIDIA in a report on Monday, September 29th. Truist Financial upped their price objective on shares of NVIDIA from $210.00 to $228.00 and gave the company a “buy” rating in a research report on Thursday, August 28th. Bank of America upped their price target on NVIDIA from $235.00 to $275.00 and gave the company a “buy” rating in a report on Wednesday. Piper Sandler set a $225.00 price target on NVIDIA and gave the company an “overweight” rating in a report on Wednesday, August 13th. Finally, Evercore ISI set a $261.00 price target on NVIDIA and gave the company an “outperform” rating in a report on Wednesday. Five equities research analysts have rated the stock with a Strong Buy rating, forty-one have assigned a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $229.38.

Insider Buying and Selling at NVIDIA

In related news, CEO Jen Hsun Huang sold 25,000 shares of NVIDIA stock in a transaction on Monday, October 27th. The shares were sold at an average price of $190.73, for a total value of $4,768,250.00. Following the transaction, the chief executive officer directly owned 69,783,203 shares of the company’s stock, valued at $13,309,750,308.19. The trade was a 0.04% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Colette Kress sold 27,640 shares of the business’s stock in a transaction dated 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 transaction, the chief financial officer owned 2,855,762 shares in the company, valued at $518,092,342.04. The trade was a 0.96% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 3,676,577 shares of company stock worth $657,716,375. Corporate insiders own 4.17% of the company’s stock.

NVIDIA Trading Down 2.1%

NASDAQ:NVDA opened at $202.76 on Friday. The company has a current ratio of 4.21, a quick ratio of 3.60 and a debt-to-equity ratio of 0.08. The stock has a market capitalization of $4.93 trillion, a price-to-earnings ratio of 57.77, a PEG ratio of 1.49 and a beta of 2.12. The firm has a fifty day simple moving average of $181.35 and a two-hundred day simple moving average of $158.70. NVIDIA Corporation has a 12 month low of $86.62 and a 12 month high of $212.19.

NVIDIA (NASDAQ:NVDA) last posted 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 business had revenue of $46.74 billion during the quarter, compared to the consensus estimate of $45.65 billion. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. NVIDIA’s revenue was up 55.6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. Analysts expect that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Announces Dividend

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