SLT Holdings LLC Has $13.29 Million Stock Position in NVIDIA Corporation $NVDA

SLT Holdings LLC cut its position in NVIDIA Corporation (NASDAQ:NVDA) by 3.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 84,130 shares of the computer hardware maker’s stock after selling 2,827 shares during the quarter. NVIDIA accounts for about 10.2% of SLT Holdings LLC’s holdings, making the stock its biggest holding. SLT Holdings LLC’s holdings in NVIDIA were worth $13,292,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of NVDA. Morton Brown Family Wealth LLC grew its holdings in 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 worth $621,000 after buying an additional 58 shares in the last quarter. Pachira Investments Inc. grew its holdings in NVIDIA by 1.0% during the second quarter. Pachira Investments Inc. now owns 6,450 shares of the computer hardware maker’s stock worth $1,019,000 after buying an additional 63 shares in the last quarter. Warner Financial Inc. grew its holdings in NVIDIA by 2.3% during the second quarter. Warner Financial Inc. now owns 2,911 shares of the computer hardware maker’s stock worth $460,000 after buying an additional 66 shares in the last quarter. HFG Wealth Management LLC grew its holdings in NVIDIA by 3.4% during the second quarter. HFG Wealth Management LLC now owns 2,075 shares of the computer hardware maker’s stock worth $328,000 after buying an additional 68 shares in the last quarter. Finally, Hidden Cove Wealth Management LLC grew its holdings in NVIDIA by 0.3% during the second quarter. Hidden Cove Wealth Management LLC now owns 23,778 shares of the computer hardware maker’s stock worth $3,757,000 after buying an additional 69 shares in the last quarter. 65.27% of the stock is currently owned by institutional investors.

NVIDIA Stock Down 0.2%

Shares of NASDAQ NVDA opened at $202.46 on Friday. NVIDIA Corporation has a one year low of $86.62 and a one year high of $212.19. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.21 and a quick ratio of 3.60. The business’s fifty day moving average price is $181.84 and its 200-day moving average price is $159.66. The stock has a market capitalization of $4.92 trillion, a PE ratio of 57.68, a P/E/G ratio of 1.49 and a beta of 2.12.

NVIDIA (NASDAQ:NVDA) last issued its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 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 analysts’ expectations of $45.65 billion. During the same quarter in the prior year, the firm earned $0.68 EPS. The business’s revenue for the quarter 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 anticipate that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Dividend Announcement

The company also recently declared 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. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.0%. The ex-dividend date of this dividend was Thursday, September 11th. NVIDIA’s dividend payout ratio is currently 1.14%.

Insider Activity

In other news, Director Mark A. Stevens sold 350,000 shares of the company’s stock in a transaction on Friday, September 19th. The stock was sold at an average price of $176.39, for a total transaction of $61,736,500.00. Following the transaction, the director owned 7,399,803 shares of the company’s stock, valued at $1,305,251,251.17. This represents a 4.52% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Harvey C. Jones sold 250,000 shares of the company’s stock in a transaction on Thursday, September 18th. The shares were sold at an average price of $176.21, for a total value of $44,052,500.00. Following the transaction, the director directly owned 7,183,280 shares in the company, valued at $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 valued at $662,914,125 in the last 90 days. Insiders own 4.17% of the company’s stock.

Analysts Set New Price Targets

NVDA has been the subject of several recent research reports. Hsbc Global Res upgraded NVIDIA from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 15th. TD Cowen boosted their price objective on NVIDIA from $140.00 to $235.00 and gave the stock a “buy” rating in a research report on Tuesday, August 19th. Wall Street Zen raised NVIDIA from a “hold” rating to a “buy” rating in a research report on Sunday, October 19th. Citigroup reissued a “buy” rating and issued a $210.00 price objective (up previously from $200.00) on shares of NVIDIA in a research report on Tuesday, September 30th. Finally, New Street Research reissued a “buy” rating and issued a $307.00 price objective on shares of NVIDIA in a research report on Thursday. Five 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 assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $230.13.

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.