NVIDIA Corporation $NVDA Shares Sold by Bill Few Associates Inc.

Bill Few Associates Inc. reduced its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA) by 13.5% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 91,468 shares of the computer hardware maker’s stock after selling 14,333 shares during the quarter. NVIDIA makes up 4.1% of Bill Few Associates Inc.’s investment portfolio, making the stock its 4th biggest holding. Bill Few Associates Inc.’s holdings in NVIDIA were worth $14,451,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Kathleen S. Wright Associates Inc. boosted its position in shares of NVIDIA by 169.3% in 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 during the period. Barnes Dennig Private Wealth Management LLC acquired a new stake in shares of NVIDIA in the 1st quarter valued at about $51,000. Legend Financial Advisors Inc. acquired a new stake in shares of NVIDIA in the 2nd quarter valued at about $55,000. Campbell Capital Management Inc. boosted its position in shares of NVIDIA by 5,900.0% in 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 during the period. Finally, Westend Capital Management LLC boosted its position in shares of NVIDIA by 46.8% in 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 during the period. 65.27% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at NVIDIA

In other news, CEO Jen Hsun Huang sold 75,000 shares of the stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $169.65, for a total transaction of $12,723,750.00. Following the completion of the transaction, the chief executive officer directly owned 72,698,366 shares of the company’s stock, valued at approximately $12,333,277,791.90. This represents a 0.10% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Mark A. Stevens sold 350,000 shares of the stock in a transaction that occurred on Friday, September 19th. The stock was sold at an average price of $176.39, for a total value of $61,736,500.00. Following the transaction, the director directly owned 7,399,803 shares of the company’s stock, valued at approximately $1,305,251,251.17. This trade represents a 4.52% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 3,503,937 shares of company stock valued at $627,687,846. Corporate insiders own 4.17% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently issued reports on NVDA shares. JPMorgan Chase & Co. reissued a “buy” rating and issued a $215.00 target price on shares of NVIDIA in a research report on Friday, September 19th. Wedbush reissued an “outperform” rating and issued a $210.00 target price on shares of NVIDIA in a research report on Thursday, August 28th. HSBC set a $320.00 price objective on NVIDIA and gave the company a “buy” rating in a research note on Wednesday, October 15th. Morgan Stanley reaffirmed an “overweight” rating on shares of NVIDIA in a research note on Wednesday, October 29th. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating and set a $300.00 price objective on shares of NVIDIA in a research note on Wednesday, October 29th. Five investment analysts have rated the stock with a Strong Buy rating, forty-one have assigned a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $233.75.

NVIDIA Stock Performance

Shares of NVDA stock opened at $198.69 on Wednesday. The company has a market cap of $4.83 trillion, a price-to-earnings ratio of 56.61, a price-to-earnings-growth ratio of 1.49 and a beta of 2.12. The stock has a 50 day simple moving average of $182.72 and a 200-day simple moving average of $161.48. NVIDIA Corporation has a 12-month low of $86.62 and a 12-month high of $212.19. The company has a current ratio of 4.21, a quick ratio of 3.60 and a debt-to-equity ratio of 0.08.

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

NVIDIA Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th were paid 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 1.14%.

About NVIDIA

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.