Vivid Wealth Management LLC Trims Stock Position in NVIDIA Corporation $NVDA

Vivid Wealth Management LLC lessened its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA) by 6.5% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 20,789 shares of the computer hardware maker’s stock after selling 1,456 shares during the period. NVIDIA accounts for approximately 1.4% of Vivid Wealth Management LLC’s holdings, making the stock its 16th biggest position. Vivid Wealth Management LLC’s holdings in NVIDIA were worth $3,284,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the company. Kathleen S. Wright Associates Inc. raised its position in NVIDIA by 169.3% in the 1st quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker’s stock worth $44,000 after buying an additional 254 shares during the last quarter. Barnes Dennig Private Wealth Management LLC bought a new position in NVIDIA in the 1st quarter worth approximately $51,000. Legend Financial Advisors Inc. bought a new position in shares of NVIDIA during the 2nd quarter valued at approximately $55,000. Campbell Capital Management Inc. boosted its position in shares of NVIDIA by 5,900.0% during the 1st quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker’s stock valued at $65,000 after acquiring an additional 590 shares during the last quarter. Finally, Luken Investment Analytics LLC raised its holdings in NVIDIA by 107.0% during the 1st quarter. Luken Investment Analytics LLC now owns 621 shares of the computer hardware maker’s stock valued at $67,000 after buying an additional 321 shares during the period. Institutional investors own 65.27% of the company’s stock.

NVIDIA Trading Down 0.2%

NVIDIA stock opened at $202.46 on Friday. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08. NVIDIA Corporation has a 52 week low of $86.62 and a 52 week high of $212.19. The company has a market capitalization of $4.92 trillion, a price-to-earnings ratio of 57.68, a price-to-earnings-growth ratio of 1.49 and a beta of 2.12. The stock has a 50-day moving average price of $181.84 and a 200 day moving average price of $159.33.

NVIDIA (NASDAQ:NVDA) last released its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, topping 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 during the quarter, compared to the consensus estimate of $45.65 billion. During the same quarter in the previous year, the company posted $0.68 earnings per share. The company’s revenue was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. Sell-side analysts anticipate that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on NVDA. Jefferies Financial Group restated a “buy” rating and set a $220.00 price target (up previously from $205.00) on shares of NVIDIA in a report on Monday, September 29th. Morgan Stanley reaffirmed an “overweight” rating on shares of NVIDIA in a research report on Wednesday. Mizuho set a $235.00 price objective on NVIDIA in a research report on Wednesday. Wall Street Zen raised NVIDIA from a “hold” rating to a “buy” rating in a report on Sunday, October 19th. Finally, Phillip Securities raised NVIDIA from a “moderate buy” rating to a “strong-buy” rating in a report on Monday, July 14th. Five investment analysts have rated the stock with a Strong Buy rating, forty-one have assigned a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $230.13.

Insider Transactions at NVIDIA

In related news, CFO Colette Kress sold 27,640 shares of NVIDIA stock in a transaction dated Tuesday, October 21st. The stock was sold at an average price of $181.42, for a total transaction of $5,014,448.80. Following the completion of the sale, the chief financial officer owned 2,855,762 shares of the company’s stock, valued at $518,092,342.04. The trade was a 0.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Jen Hsun Huang sold 25,000 shares of NVIDIA stock in a transaction dated Wednesday, October 29th. The stock was sold at an average price of $207.91, for a total value of $5,197,750.00. Following the sale, the chief executive officer directly owned 69,733,203 shares of the company’s stock, valued at $14,498,230,235.73. This trade represents a 0.04% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 3,701,577 shares of company stock valued at $662,914,125 in the last ninety days. 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.