Foster & Motley Inc. Trims Stock Position in NVIDIA Corporation $NVDA

Foster & Motley Inc. cut its holdings in NVIDIA Corporation (NASDAQ:NVDA) by 2.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,626 shares of the computer hardware maker’s stock after selling 341 shares during the quarter. Foster & Motley Inc.’s holdings in NVIDIA were worth $2,153,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the stock. Morton Brown Family Wealth LLC lifted its position in shares of NVIDIA by 1.5% in the second quarter. Morton Brown Family Wealth LLC now owns 3,928 shares of the computer hardware maker’s stock valued at $621,000 after acquiring an additional 58 shares in the last quarter. Roof Eidam Maycock Peralta LLC raised its stake in NVIDIA by 0.3% in the 2nd quarter. Roof Eidam Maycock Peralta LLC now owns 20,903 shares of the computer hardware maker’s stock valued at $3,302,000 after purchasing an additional 58 shares during the last quarter. Copia Wealth Management lifted its holdings in NVIDIA by 14.7% in the 2nd quarter. Copia Wealth Management now owns 468 shares of the computer hardware maker’s stock valued at $74,000 after purchasing an additional 60 shares in the last quarter. Pachira Investments Inc. lifted its holdings in NVIDIA by 1.0% in the 2nd quarter. Pachira Investments Inc. now owns 6,450 shares of the computer hardware maker’s stock valued at $1,019,000 after purchasing an additional 63 shares in the last quarter. Finally, Warner Financial Inc. boosted its stake in shares of NVIDIA by 2.3% during the 2nd quarter. Warner Financial Inc. now owns 2,911 shares of the computer hardware maker’s stock worth $460,000 after purchasing an additional 66 shares during the last quarter. 65.27% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at NVIDIA

In related news, CEO Jen Hsun Huang sold 75,000 shares of the firm’s stock in a transaction dated 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 sale, the chief executive officer directly owned 72,698,366 shares in the company, valued at approximately $12,333,277,791.90. This trade represents a 0.10% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Harvey C. Jones sold 250,000 shares of the business’s stock in a transaction that occurred on Thursday, September 18th. The stock was 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 trade represents a 3.36% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 3,401,577 shares of company stock worth $610,228,687. 4.17% of the stock is currently owned by corporate insiders.

NVIDIA Price Performance

Shares of NVIDIA stock opened at $199.05 on Tuesday. The business’s fifty day moving average price is $183.93 and its 200 day moving average price is $164.05. NVIDIA Corporation has a twelve month low of $86.62 and a twelve 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. The stock has a market capitalization of $4.84 trillion, a P/E ratio of 56.71, a PEG ratio of 1.49 and a beta of 2.11.

NVIDIA (NASDAQ:NVDA) last announced its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, topping the consensus estimate of $1.01 by $0.04. The company had revenue of $46.74 billion during the quarter, compared to analyst estimates of $45.65 billion. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The firm’s revenue was up 55.6% on a year-over-year basis. During the same period in the prior year, the firm posted $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 earnings per share for the current year.

NVIDIA Announces Dividend

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

Wall Street Analysts Forecast Growth

NVDA has been the topic of several recent analyst reports. BNP Paribas raised shares of NVIDIA to a “hold” rating in a research note on Friday, August 1st. Arete increased their price target on NVIDIA from $235.00 to $244.00 and gave the stock a “buy” rating in a research note on Tuesday, October 14th. New Street Research restated a “buy” rating and set a $307.00 price objective on shares of NVIDIA in a report on Thursday, October 30th. Phillip Securities upgraded NVIDIA from a “moderate buy” rating to a “strong-buy” rating in a research note on Monday, July 14th. Finally, Wedbush reiterated an “outperform” rating and set a $210.00 target price on shares of NVIDIA in a research report on Thursday, August 28th. Five investment analysts have rated the stock with a Strong Buy rating, forty have issued a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $234.00.

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.