NVIDIA Corporation $NVDA Position Lessened by Clarendon Private LLC

Clarendon Private LLC lessened its holdings in NVIDIA Corporation (NASDAQ:NVDA) by 3.9% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 62,628 shares of the computer hardware maker’s stock after selling 2,512 shares during the period. NVIDIA accounts for approximately 9.5% of Clarendon Private LLC’s portfolio, making the stock its largest holding. Clarendon Private LLC’s holdings in NVIDIA were worth $9,895,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. CCG Wealth Management LLC raised its position in shares of NVIDIA by 13.5% in the second quarter. CCG Wealth Management LLC now owns 11,524 shares of the computer hardware maker’s stock worth $1,821,000 after buying an additional 1,367 shares in the last quarter. GW Henssler & Associates Ltd. raised its position in NVIDIA by 4.1% during the second quarter. GW Henssler & Associates Ltd. now owns 149,817 shares of the computer hardware maker’s stock valued at $23,670,000 after purchasing an additional 5,913 shares in the last quarter. Alpha Financial Partners LLC raised its position in NVIDIA by 14.3% during the second quarter. Alpha Financial Partners LLC now owns 5,857 shares of the computer hardware maker’s stock valued at $925,000 after purchasing an additional 734 shares in the last quarter. Acorn Creek Capital LLC raised its position in NVIDIA by 2.3% during the second quarter. Acorn Creek Capital LLC now owns 17,075 shares of the computer hardware maker’s stock valued at $2,698,000 after purchasing an additional 392 shares in the last quarter. Finally, Mitchell Sinkler & Starr PA raised its position in NVIDIA by 2.2% during the second quarter. Mitchell Sinkler & Starr PA now owns 61,461 shares of the computer hardware maker’s stock valued at $9,710,000 after purchasing an additional 1,332 shares in the last quarter. Hedge funds and other institutional investors own 65.27% of the company’s stock.

NVIDIA Stock Down 4.0%

NVDA opened at $198.69 on Wednesday. The company has a current ratio of 4.21, a quick ratio of 3.60 and a debt-to-equity ratio of 0.08. The company has a market cap of $4.83 trillion, a P/E ratio of 56.61, a P/E/G 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 business’s 50-day moving average price is $182.72 and its 200-day moving average price is $161.48.

NVIDIA (NASDAQ:NVDA) last posted its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.04. The company had revenue of $46.74 billion for the quarter, compared to analysts’ expectations of $45.65 billion. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.NVIDIA’s quarterly revenue was up 55.6% on a year-over-year basis. During the same period last year, the firm earned $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. On average, equities 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. Investors of record on Thursday, September 11th were paid a $0.01 dividend. The ex-dividend date of this dividend was Thursday, September 11th. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. NVIDIA’s dividend payout ratio (DPR) is presently 1.14%.

Analyst Ratings Changes

A number of research firms have weighed in on NVDA. TD Cowen raised their price target on NVIDIA from $140.00 to $235.00 and gave the company a “buy” rating in a research report on Tuesday, August 19th. Weiss Ratings reissued a “buy (b)” rating on shares of NVIDIA in a research note on Wednesday, October 8th. President Capital lifted their price target on shares of NVIDIA from $210.00 to $240.00 and gave the stock a “buy” rating in a research note on Thursday, October 30th. Morgan Stanley reissued an “overweight” rating on shares of NVIDIA in a research note on Wednesday, October 29th. Finally, Craig Hallum lifted their price target on shares of NVIDIA from $195.00 to $245.00 and gave the stock a “buy” rating in a research note on Thursday, August 28th. Five research 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 stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $233.75.

Insider Buying and Selling at NVIDIA

In related news, CEO Jen Hsun Huang sold 25,000 shares of NVIDIA stock in a transaction on Wednesday, October 29th. The shares were sold at an average price of $207.91, for a total value 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. The trade was 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 NVIDIA stock in a transaction on Tuesday, October 21st. The shares were 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 in the company, valued at approximately $518,092,342.04. This trade represents a 0.96% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 3,503,937 shares of company stock worth $627,687,846. 4.17% of the stock is currently owned by company insiders.

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.