NVIDIA Corporation $NVDA Shares Sold by McNamara Financial Services Inc.

McNamara Financial Services Inc. trimmed its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA) by 3.4% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 15,018 shares of the computer hardware maker’s stock after selling 524 shares during the period. NVIDIA makes up approximately 0.5% of McNamara Financial Services Inc.’s investment portfolio, making the stock its 20th largest holding. McNamara Financial Services Inc.’s holdings in NVIDIA were worth $2,373,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of NVDA. Kathleen S. Wright Associates Inc. increased its holdings in shares of NVIDIA by 169.3% during the first 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 position in NVIDIA during the first quarter worth about $51,000. Legend Financial Advisors Inc. acquired a new position in NVIDIA during the second quarter worth about $55,000. Campbell Capital Management Inc. grew its holdings in NVIDIA by 5,900.0% during the first quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker’s stock worth $65,000 after acquiring an additional 590 shares during the period. Finally, Westend Capital Management LLC grew its holdings in NVIDIA by 46.8% during the second quarter. Westend Capital Management LLC now owns 455 shares of the computer hardware maker’s stock worth $72,000 after acquiring an additional 145 shares during the period. 65.27% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on NVDA shares. BNP Paribas raised NVIDIA to a “hold” rating in a report on Friday, August 1st. Melius Research set a $300.00 target price on NVIDIA in a report on Wednesday, October 29th. Wall Street Zen raised NVIDIA from a “hold” rating to a “buy” rating in a report on Sunday, October 19th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $240.00 target price (up from $210.00) on shares of NVIDIA in a report on Friday. Finally, JPMorgan Chase & Co. reaffirmed a “buy” rating and set a $215.00 target price on shares of NVIDIA in a report on Friday, September 19th. Five investment analysts have rated the stock with a Strong Buy rating, forty-one have assigned a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of $233.75.

NVIDIA Trading Down 4.0%

Shares of NASDAQ NVDA opened at $198.69 on Wednesday. NVIDIA Corporation has a one year low of $86.62 and a one year high of $212.19. The firm has a market capitalization of $4.83 trillion, a PE ratio of 56.61, a PEG ratio of 1.49 and a beta of 2.12. 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 business has a 50-day moving average price of $182.72 and a two-hundred day moving average price of $161.48.

NVIDIA (NASDAQ:NVDA) last announced its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, topping 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 during the quarter, compared to analyst estimates of $45.65 billion. During the same period last year, the company posted $0.68 EPS. The business’s quarterly revenue was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. As a group, analysts predict that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 2nd. Shareholders of record on Thursday, September 11th were given a dividend of $0.01 per share. The ex-dividend date was Thursday, September 11th. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. NVIDIA’s dividend payout ratio (DPR) is presently 1.14%.

Insider Transactions at NVIDIA

In other NVIDIA news, CEO Jen Hsun Huang sold 25,000 shares of the firm’s stock in a transaction dated 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 completion of the sale, the chief executive officer directly owned 69,733,203 shares in the company, valued at approximately $14,498,230,235.73. This trade represents a 0.04% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Colette Kress sold 27,640 shares of the firm’s stock in a transaction dated Tuesday, October 21st. The stock was 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 of the company’s stock, valued at $518,092,342.04. The trade was a 0.96% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 3,503,937 shares of company stock valued at $627,687,846 over the last 90 days. Corporate insiders own 4.17% of the company’s stock.

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.