Burford Brothers Inc. Trims Position in NVIDIA Corporation $NVDA

Burford Brothers Inc. lowered its holdings in NVIDIA Corporation (NASDAQ:NVDA) by 3.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,407 shares of the computer hardware maker’s stock after selling 403 shares during the period. NVIDIA accounts for 0.8% of Burford Brothers Inc.’s investment portfolio, making the stock its 27th biggest position. Burford Brothers Inc.’s holdings in NVIDIA were worth $1,802,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Harbor Asset Planning Inc. purchased a new stake in shares of NVIDIA during the 2nd quarter worth about $28,000. Kathleen S. Wright Associates Inc. grew its stake in NVIDIA by 169.3% during the first quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker’s stock worth $44,000 after buying an additional 254 shares during the period. Barnes Dennig Private Wealth Management LLC purchased a new stake in NVIDIA during the first quarter worth approximately $51,000. Legend Financial Advisors Inc. acquired a new stake in shares of NVIDIA in the second quarter worth $55,000. Finally, Campbell Capital Management Inc. raised its stake 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 acquiring an additional 590 shares during the period. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at NVIDIA

In other NVIDIA news, CFO Colette Kress sold 27,640 shares of NVIDIA stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $208.33, for a total value of $5,758,241.20. Following the completion of the transaction, the chief financial officer directly owned 2,828,122 shares in the company, valued at $589,182,656.26. The trade was a 0.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Jen Hsun Huang sold 25,000 shares of the stock in a transaction that occurred on Wednesday, October 29th. The stock was 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. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 3,326,577 shares of company stock valued at $596,625,187. 4.17% of the stock is owned by insiders.

NVIDIA Stock Performance

Shares of NVDA stock opened at $193.80 on Thursday. The stock has a market capitalization of $4.71 trillion, a price-to-earnings ratio of 55.21, a PEG ratio of 1.49 and a beta of 2.11. NVIDIA Corporation has a one year low of $86.62 and a one year high of $212.19. The company’s 50-day simple moving average is $184.84 and its 200-day simple moving average is $164.84. 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 announced its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.01 by $0.04. The firm 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 revenue for the quarter was up 55.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. Equities analysts anticipate that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement

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

Wall Street Analysts Forecast Growth

NVDA has been the subject of a number of recent research reports. Loop Capital increased their target price on NVIDIA from $250.00 to $350.00 and gave the company a “buy” rating in a research note on Monday, November 3rd. Jefferies Financial Group increased their price objective on shares of NVIDIA from $220.00 to $240.00 and gave the company a “buy” rating in a research report on Tuesday, November 4th. UBS Group reissued a “buy” rating on shares of NVIDIA in a research report on Monday. New Street Research reaffirmed a “buy” rating and set a $307.00 price target on shares of NVIDIA in a report on Thursday, October 30th. Finally, BNP Paribas upgraded shares of NVIDIA to a “hold” rating in a report on Friday, August 1st. Five investment analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $235.44.

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.