JNBA Financial Advisors Sells 2,812 Shares of NVIDIA Corporation $NVDA

JNBA Financial Advisors reduced its position in shares of NVIDIA Corporation (NASDAQ:NVDA) by 19.8% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 11,418 shares of the computer hardware maker’s stock after selling 2,812 shares during the quarter. JNBA Financial Advisors’ holdings in NVIDIA were worth $1,804,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Legend Financial Advisors Inc. bought a new stake in NVIDIA during the 2nd quarter valued at about $55,000. Kathleen S. Wright Associates Inc. increased its stake in NVIDIA by 169.3% during the 1st quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker’s stock valued at $44,000 after purchasing an additional 254 shares in the last quarter. Westend Capital Management LLC increased its stake in NVIDIA by 46.8% during the 2nd quarter. Westend Capital Management LLC now owns 455 shares of the computer hardware maker’s stock valued at $72,000 after purchasing an additional 145 shares in the last quarter. Barnes Dennig Private Wealth Management LLC bought a new stake in NVIDIA during the 1st quarter valued at about $51,000. Finally, Campbell Capital Management Inc. increased its stake in 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 purchasing an additional 590 shares in the last quarter. 65.27% of the stock is currently owned by institutional investors.

Insider Buying and Selling at NVIDIA

In other news, Director Mark A. Stevens sold 350,000 shares of the business’s stock in a transaction on Friday, September 19th. The shares were 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 of the company’s stock, valued at approximately $1,305,251,251.17. The trade was a 4.52% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Harvey C. Jones sold 250,000 shares of the business’s stock in a transaction on Thursday, September 18th. The stock was sold at an average price of $176.21, for a total transaction of $44,052,500.00. Following the completion of the transaction, the director directly owned 7,183,280 shares in the company, valued at $1,265,765,768.80. This trade represents a 3.36% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 3,701,577 shares of company stock valued at $662,914,125 over the last 90 days. 4.17% of the stock is currently owned by corporate insiders.

NVIDIA Price Performance

Shares of NASDAQ:NVDA opened at $202.46 on Friday. 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 $4.92 trillion, a P/E ratio of 57.68, a P/E/G ratio of 1.49 and a beta of 2.12. The firm’s 50 day simple moving average is $181.84 and its two-hundred day simple moving average is $159.66.

NVIDIA (NASDAQ:NVDA) last issued its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.04. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The business had revenue of $46.74 billion for the quarter, compared to the consensus estimate of $45.65 billion. During the same quarter in the previous year, the firm earned $0.68 earnings per share. The company’s revenue for the quarter was up 55.6% on a year-over-year basis. 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 declared a quarterly dividend, which was paid on Thursday, October 2nd. Shareholders 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 annualized dividend and a yield of 0.0%. NVIDIA’s payout ratio is currently 1.14%.

Wall Street Analyst Weigh In

A number of analysts have weighed in on NVDA shares. Piper Sandler set a $225.00 price objective on shares of NVIDIA and gave the company an “overweight” rating in a research note on Wednesday, August 13th. Sanford C. Bernstein reiterated a “buy” rating on shares of NVIDIA in a research note on Tuesday, September 23rd. The Goldman Sachs Group reiterated a “buy” rating and issued a $240.00 price target on shares of NVIDIA in a research note on Friday. Truist Financial lifted their price target on shares of NVIDIA from $210.00 to $228.00 and gave the stock a “buy” rating in a research note on Thursday, August 28th. Finally, UBS Group set a $235.00 price target on shares of NVIDIA and gave the stock a “buy” rating in a research note on Wednesday. Five investment analysts have rated the stock with a Strong Buy rating, forty-one have given a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Buy” and an average price target of $230.13.

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.