SPC Financial Inc. Sells 970 Shares of NVIDIA Corporation $NVDA

SPC Financial Inc. lowered its stake in shares of NVIDIA Corporation (NASDAQ:NVDA) by 3.2% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 29,685 shares of the computer hardware maker’s stock after selling 970 shares during the period. SPC Financial Inc.’s holdings in NVIDIA were worth $4,690,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the stock. Transcendent Capital Group LLC lifted its holdings in shares of NVIDIA by 1.3% in the second quarter. Transcendent Capital Group LLC now owns 19,708 shares of the computer hardware maker’s stock valued at $3,114,000 after purchasing an additional 247 shares in the last quarter. Ackerman Capital Advisors LLC purchased a new stake in NVIDIA in the 2nd quarter valued at $209,000. Lodestar Private Asset Management LLC raised its position in NVIDIA by 2.2% in the 2nd quarter. Lodestar Private Asset Management LLC now owns 21,355 shares of the computer hardware maker’s stock valued at $3,374,000 after buying an additional 451 shares during the last quarter. Nationale Nederlanden Powszechne Towarzystwo Emerytalne S.A. raised its position in NVIDIA by 3.1% in the 2nd quarter. Nationale Nederlanden Powszechne Towarzystwo Emerytalne S.A. now owns 39,832 shares of the computer hardware maker’s stock valued at $6,293,000 after buying an additional 1,208 shares during the last quarter. Finally, Means Investment CO. Inc. grew its stake in shares of NVIDIA by 1.9% in the 2nd quarter. Means Investment CO. Inc. now owns 274,952 shares of the computer hardware maker’s stock worth $43,440,000 after acquiring an additional 5,044 shares in the last quarter. Institutional investors own 65.27% of the company’s stock.

NVIDIA Trading Up 2.2%

Shares of NVIDIA stock opened at $206.88 on Tuesday. NVIDIA Corporation has a 52-week low of $86.62 and a 52-week high of $212.19. The stock’s 50-day simple moving average is $182.38 and its 200 day simple moving average is $160.79. The stock has a market capitalization of $5.03 trillion, a P/E ratio of 58.94, a P/E/G 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.

NVIDIA (NASDAQ:NVDA) last posted its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.04. The firm had revenue of $46.74 billion during the quarter, compared to the consensus estimate of $45.65 billion. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The company’s revenue was up 55.6% on a year-over-year basis. During the same quarter last year, the company earned $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. As a group, research analysts anticipate that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 2nd. Investors of record on Thursday, September 11th were issued a $0.01 dividend. 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 dividend payout ratio (DPR) is 1.14%.

Insider Buying and Selling at NVIDIA

In other NVIDIA news, CEO Jen Hsun Huang sold 25,000 shares of the stock in a transaction on Wednesday, October 29th. The stock was sold at an average price of $207.91, for a total transaction of $5,197,750.00. Following the sale, the chief executive officer owned 69,733,203 shares in the company, valued at $14,498,230,235.73. This represents a 0.04% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Colette Kress sold 27,640 shares of the business’s 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 sale, the chief financial officer owned 2,855,762 shares in the company, valued at approximately $518,092,342.04. The trade was a 0.96% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 3,578,937 shares of company stock worth $641,069,346. Company insiders own 4.17% of the company’s stock.

Analysts Set New Price Targets

NVDA has been the subject of several recent analyst reports. KeyCorp reiterated an “overweight” rating and issued a $250.00 target price (up previously from $230.00) on shares of NVIDIA in a research note on Tuesday, September 30th. Rosenblatt Securities lifted their target price on shares of NVIDIA from $215.00 to $240.00 and gave the stock a “buy” rating in a research report on Monday. Benchmark lifted their target price on shares of NVIDIA from $190.00 to $220.00 and gave the stock a “buy” rating in a research report on Thursday, August 28th. Sanford C. Bernstein reaffirmed a “buy” rating on shares of NVIDIA in a research report on Tuesday, September 23rd. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and set a $240.00 price target (up from $210.00) on shares of NVIDIA in a research report on Friday. Five analysts have rated the stock with a Strong Buy rating, forty-one have issued a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $233.25.

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.