NVIDIA Corporation $NVDA Shares Sold by Edge Financial Advisors LLC

Edge Financial Advisors LLC trimmed its holdings in NVIDIA Corporation (NASDAQ:NVDA) by 15.0% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,002 shares of the computer hardware maker’s stock after selling 708 shares during the quarter. Edge Financial Advisors LLC’s holdings in NVIDIA were worth $617,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently bought and sold shares of NVDA. Pachira Investments Inc. increased its position in shares of NVIDIA by 1.0% during the second quarter. Pachira Investments Inc. now owns 6,450 shares of the computer hardware maker’s stock valued at $1,019,000 after purchasing an additional 63 shares during the period. Warner Financial Inc. increased its position in shares of NVIDIA by 2.3% during the second quarter. Warner Financial Inc. now owns 2,911 shares of the computer hardware maker’s stock valued at $460,000 after purchasing an additional 66 shares during the period. HFG Wealth Management LLC increased its position in shares of NVIDIA by 3.4% during the second quarter. HFG Wealth Management LLC now owns 2,075 shares of the computer hardware maker’s stock valued at $328,000 after purchasing an additional 68 shares during the period. Hidden Cove Wealth Management LLC raised its stake in shares of NVIDIA by 0.3% in the 2nd quarter. Hidden Cove Wealth Management LLC now owns 23,778 shares of the computer hardware maker’s stock valued at $3,757,000 after buying an additional 69 shares in the last quarter. Finally, Summit Financial Strategies Inc. raised its stake in shares of NVIDIA by 0.6% in the 2nd quarter. Summit Financial Strategies Inc. now owns 11,637 shares of the computer hardware maker’s stock valued at $1,839,000 after buying an additional 69 shares in the last quarter. 65.27% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on NVDA. Sanford C. Bernstein restated a “buy” rating on shares of NVIDIA in a research note on Tuesday, September 23rd. BNP Paribas raised shares of NVIDIA to a “hold” rating in a research report on Friday, August 1st. Needham & Company LLC increased their target price on NVIDIA from $200.00 to $240.00 and gave the stock a “buy” rating in a report on Wednesday. UBS Group set a $235.00 target price on NVIDIA and gave the stock a “buy” rating in a report on Wednesday. Finally, Rosenblatt Securities reissued a “buy” rating and issued a $215.00 target price on shares of NVIDIA in a report on Tuesday, September 23rd. 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 company. According to MarketBeat.com, NVIDIA has a consensus rating of “Buy” and a consensus price target of $229.38.

Insider Activity

In related news, CEO Jen Hsun Huang sold 25,000 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the chief executive officer owned 69,783,203 shares of the company’s stock, valued at $13,309,750,308.19. This trade represents a 0.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Colette Kress sold 27,640 shares of NVIDIA stock in a transaction on Tuesday, October 21st. The shares were sold at an average price of $181.42, for a total value of $5,014,448.80. Following the completion of the sale, the chief financial officer directly owned 2,855,762 shares of the company’s stock, valued at $518,092,342.04. This trade represents a 0.96% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 3,676,577 shares of company stock valued at $657,716,375 in the last 90 days. Corporate insiders own 4.17% of the company’s stock.

NVIDIA Stock Performance

Shares of NASDAQ:NVDA opened at $202.76 on Friday. NVIDIA Corporation has a twelve month low of $86.62 and a twelve month high of $212.19. The firm has a market cap of $4.93 trillion, a PE ratio of 57.77, a price-to-earnings-growth ratio of 1.49 and a beta of 2.12. 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 business has a fifty day moving average of $181.35 and a 200-day moving average of $158.70.

NVIDIA (NASDAQ:NVDA) last announced its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share for the quarter, beating 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 company had revenue of $46.74 billion during the quarter, compared to analyst estimates of $45.65 billion. During the same period last year, the company posted $0.68 earnings per share. The firm’s quarterly revenue was up 55.6% compared to the same quarter last year. 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 disclosed a quarterly dividend, which was paid on Thursday, October 2nd. Shareholders of record on Thursday, September 11th were given a $0.01 dividend. This represents a $0.04 annualized dividend and a yield of 0.0%. The ex-dividend date was Thursday, September 11th. NVIDIA’s dividend payout ratio (DPR) is presently 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.