NVIDIA Corporation $NVDA Shares Sold by Baer Investment Advisory LLC

Baer Investment Advisory LLC lessened its holdings in NVIDIA Corporation (NASDAQ:NVDA) by 9.0% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 17,328 shares of the computer hardware maker’s stock after selling 1,717 shares during the period. NVIDIA makes up approximately 3.9% of Baer Investment Advisory LLC’s portfolio, making the stock its 12th largest position. Baer Investment Advisory LLC’s holdings in NVIDIA were worth $2,738,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Morton Brown Family Wealth LLC increased its holdings in NVIDIA by 1.5% during the 2nd quarter. Morton Brown Family Wealth LLC now owns 3,928 shares of the computer hardware maker’s stock worth $621,000 after purchasing an additional 58 shares during the period. Roof Eidam Maycock Peralta LLC boosted its stake in shares of 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 buying an additional 58 shares during the period. Alpha Wealth Funds LLC grew its position in shares of NVIDIA by 1.3% during the second quarter. Alpha Wealth Funds LLC now owns 4,634 shares of the computer hardware maker’s stock worth $732,000 after buying an additional 59 shares in the last quarter. Copia Wealth Management increased its stake in shares of NVIDIA by 14.7% during the second quarter. Copia Wealth Management now owns 468 shares of the computer hardware maker’s stock worth $74,000 after buying an additional 60 shares during the period. Finally, BKM Wealth Management LLC increased its stake in shares of NVIDIA by 1.1% during the second quarter. BKM Wealth Management LLC now owns 5,745 shares of the computer hardware maker’s stock worth $908,000 after buying an additional 60 shares during the period. Hedge funds and other institutional investors own 65.27% of the company’s stock.

NVIDIA Trading Down 1.0%

NASDAQ:NVDA opened at $178.88 on Friday. NVIDIA Corporation has a 52-week low of $86.62 and a 52-week high of $212.19. 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 stock has a fifty day simple moving average of $186.46 and a 200-day simple moving average of $168.41. The company has a market capitalization of $4.35 trillion, a PE ratio of 50.96, a price-to-earnings-growth ratio of 1.49 and a beta of 2.11.

NVIDIA (NASDAQ:NVDA) last posted its earnings results on Wednesday, November 19th. The computer hardware maker reported $1.30 earnings per share for the quarter, beating the consensus estimate of $1.23 by $0.07. The firm had revenue of $57.01 billion during the quarter, compared to the consensus estimate of $54.66 billion. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The firm’s revenue for the quarter was up 62.5% on a year-over-year basis. During the same period last year, the firm posted $0.81 EPS. NVIDIA has set its Q4 2026 guidance at EPS. On average, equities research analysts expect that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, December 26th. Shareholders of record on Thursday, December 4th will be issued a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. The ex-dividend date is Thursday, December 4th. NVIDIA’s dividend payout ratio is 0.99%.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on NVDA. Needham & Company LLC reiterated a “buy” rating and issued a $240.00 price target on shares of NVIDIA in a research note on Thursday. Rothschild & Co Redburn lifted their price objective on shares of NVIDIA from $211.00 to $245.00 and gave the stock a “buy” rating in a research report on Monday, November 17th. Sanford C. Bernstein boosted their target price on shares of NVIDIA from $255.00 to $275.00 and gave the stock an “outperform” rating in a research note on Thursday. Cantor Fitzgerald reissued an “overweight” rating and issued a $300.00 target price on shares of NVIDIA in a report on Thursday. Finally, Raymond James Financial set a $272.00 price target on NVIDIA and gave the stock a “strong-buy” rating in a report on Thursday. Four investment analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $257.79.

Insiders Place Their Bets

In related news, CEO Jen Hsun Huang sold 75,000 shares of NVIDIA stock in a transaction dated Wednesday, September 10th. The stock was sold at an average price of $177.57, for a total transaction of $13,317,750.00. Following the completion of the sale, the chief executive officer owned 72,248,366 shares in the company, valued at approximately $12,829,142,350.62. This trade represents a 0.10% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Harvey C. Jones sold 250,000 shares of the company’s stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $176.21, for a total transaction of $44,052,500.00. Following the completion of the transaction, the director owned 7,183,280 shares in the company, valued at approximately $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. Over the last 90 days, insiders sold 3,251,577 shares of company stock valued at $583,143,187. Corporate insiders own 4.17% of the company’s stock.

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.