Family Capital Management Inc. Sells 4,401 Shares of NVIDIA Corporation $NVDA

Family Capital Management Inc. cut its position in shares of NVIDIA Corporation (NASDAQ:NVDA) by 37.2% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,422 shares of the computer hardware maker’s stock after selling 4,401 shares during the period. Family Capital Management Inc.’s holdings in NVIDIA were worth $1,173,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the company. Kingstone Capital Partners Texas LLC lifted its holdings in shares of NVIDIA by 267,959.7% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 382,373,765 shares of the computer hardware maker’s stock worth $64,976,521,000 after acquiring an additional 382,231,120 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in NVIDIA by 2.9% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 206,794,926 shares of the computer hardware maker’s stock worth $22,412,434,000 after purchasing an additional 5,896,735 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in NVIDIA by 123.5% during the first quarter. Goldman Sachs Group Inc. now owns 187,995,213 shares of the computer hardware maker’s stock worth $20,374,921,000 after purchasing an additional 103,889,872 shares during the period. Nuveen LLC acquired a new stake in NVIDIA during the first quarter valued at approximately $15,089,414,000. Finally, Amundi grew its stake in shares of NVIDIA by 16.0% in the 1st quarter. Amundi now owns 135,770,043 shares of the computer hardware maker’s stock valued at $13,826,199,000 after purchasing an additional 18,733,431 shares during the period. 65.27% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, CEO Jen Hsun Huang sold 25,000 shares of NVIDIA stock in a transaction dated 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 completion of the sale, the chief executive officer directly owned 69,733,203 shares in the company, valued at $14,498,230,235.73. This trade represents a 0.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Colette Kress sold 27,640 shares of the business’s stock in a transaction dated 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 sale, the chief financial officer directly owned 2,828,122 shares of the company’s stock, valued at $589,182,656.26. This represents a 0.97% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 3,251,577 shares of company stock valued at $583,143,187. 4.17% of the stock is currently owned by corporate insiders.

NVIDIA Stock Up 1.8%

Shares of NASDAQ NVDA opened at $190.17 on Monday. NVIDIA Corporation has a 12-month low of $86.62 and a 12-month high of $212.19. The firm’s 50-day simple moving average is $185.60 and its 200 day simple moving average is $166.35. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08. The company has a market cap of $4.62 trillion, a price-to-earnings ratio of 54.18, a price-to-earnings-growth ratio of 1.49 and a beta of 2.11.

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

NVIDIA Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th were paid a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. The ex-dividend date of this dividend was Thursday, September 11th. NVIDIA’s dividend payout ratio (DPR) is 1.14%.

Wall Street Analyst Weigh In

Several equities analysts recently commented on NVDA shares. Robert W. Baird raised their target price on NVIDIA from $195.00 to $225.00 and gave the stock an “outperform” rating in a research report on Monday, August 25th. Susquehanna lifted their price objective on NVIDIA from $210.00 to $230.00 and gave the company a “positive” rating in a report on Thursday. Melius Research set a $300.00 target price on shares of NVIDIA in a research note on Wednesday, October 29th. Mizuho set a $235.00 target price on shares of NVIDIA in a research report on Wednesday, October 29th. Finally, The Goldman Sachs Group reissued a “buy” rating and set a $240.00 price target (up from $210.00) on shares of NVIDIA in a report on Friday, October 31st. Five equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $239.15.

NVIDIA Company 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.