Etesian Wealth Advisors Inc. Decreases Stock Holdings in NVIDIA Corporation $NVDA

Etesian Wealth Advisors Inc. trimmed its position in shares of NVIDIA Corporation (NASDAQ:NVDA) by 1.7% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 20,545 shares of the computer hardware maker’s stock after selling 355 shares during the quarter. NVIDIA comprises about 1.2% of Etesian Wealth Advisors Inc.’s investment portfolio, making the stock its 21st largest holding. Etesian Wealth Advisors Inc.’s holdings in NVIDIA were worth $3,246,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the company. Commerzbank Aktiengesellschaft FI lifted its position in shares of NVIDIA by 1.8% during the second quarter. Commerzbank Aktiengesellschaft FI now owns 977,324 shares of the computer hardware maker’s stock valued at $154,407,000 after buying an additional 17,213 shares during the last quarter. WMG Financial Advisors LLC lifted its position in shares of NVIDIA by 2.0% during the second quarter. WMG Financial Advisors LLC now owns 38,362 shares of the computer hardware maker’s stock valued at $6,061,000 after buying an additional 761 shares during the last quarter. Stiles Financial Services Inc increased its holdings in shares of NVIDIA by 1.3% during the second quarter. Stiles Financial Services Inc now owns 153,565 shares of the computer hardware maker’s stock valued at $24,263,000 after acquiring an additional 1,904 shares in the last quarter. Coordinated Financial Services Inc. acquired a new position in shares of NVIDIA during the second quarter valued at about $1,984,000. Finally, Morton Brown Family Wealth LLC increased its holdings in shares of NVIDIA by 1.5% during the second quarter. Morton Brown Family Wealth LLC now owns 3,928 shares of the computer hardware maker’s stock valued at $621,000 after acquiring an additional 58 shares in the last quarter. 65.27% of the stock is owned by hedge funds and other institutional investors.

NVIDIA Price Performance

Shares of NASDAQ NVDA opened at $202.46 on Friday. The stock has a market capitalization of $4.92 trillion, a price-to-earnings ratio of 57.68, a PEG ratio of 1.49 and a beta of 2.12. NVIDIA Corporation has a 12 month low of $86.62 and a 12 month high of $212.19. The firm’s 50 day simple moving average is $181.84 and its 200-day simple moving average is $159.33. 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 (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, 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 firm had revenue of $46.74 billion for the quarter, compared to analyst estimates of $45.65 billion. During the same quarter last year, the firm posted $0.68 EPS. The business’s revenue was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. Analysts expect that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Dividend Announcement

The firm also recently announced 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 dividend on an annualized basis and a dividend yield of 0.0%. NVIDIA’s dividend payout ratio (DPR) is 1.14%.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on NVDA shares. Wells Fargo & Company upped their price objective on shares of NVIDIA from $185.00 to $220.00 and gave the company an “overweight” rating in a report on Monday, August 11th. New Street Research restated a “buy” rating and set a $307.00 price objective on shares of NVIDIA in a report on Thursday. Seaport Global Securities restated a “sell” rating on shares of NVIDIA in a report on Wednesday. Benchmark upped their price objective on shares of NVIDIA from $190.00 to $220.00 and gave the company a “buy” rating in a report on Thursday, August 28th. Finally, 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. Five analysts have rated the stock with a Strong Buy rating, forty-one have given a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of $230.13.

Insider Activity

In other NVIDIA news, Director Mark A. Stevens sold 350,000 shares of the firm’s stock in a transaction on 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 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 sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Harvey C. Jones sold 250,000 shares of NVIDIA stock in a transaction on 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. This represents a 3.36% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 3,701,577 shares of company stock worth $662,914,125 in the last quarter. Corporate insiders own 4.17% of the company’s stock.

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.