BLB&B Advisors LLC Sells 7,485 Shares of NVIDIA Corporation $NVDA

BLB&B Advisors LLC trimmed its holdings in NVIDIA Corporation (NASDAQ:NVDA) by 1.4% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 519,971 shares of the computer hardware maker’s stock after selling 7,485 shares during the period. NVIDIA makes up about 3.8% of BLB&B Advisors LLC’s holdings, making the stock its 5th largest holding. BLB&B Advisors LLC’s holdings in NVIDIA were worth $82,150,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Atria Investments Inc grew its position in NVIDIA by 3.2% during the 2nd quarter. Atria Investments Inc now owns 942,208 shares of the computer hardware maker’s stock worth $148,859,000 after purchasing an additional 29,479 shares during the last quarter. Fielder Capital Group LLC boosted its stake in shares of NVIDIA by 9.7% during the first quarter. Fielder Capital Group LLC now owns 50,469 shares of the computer hardware maker’s stock worth $5,470,000 after buying an additional 4,444 shares during the period. MADDEN SECURITIES Corp grew its holdings in shares of NVIDIA by 3.2% during the second quarter. MADDEN SECURITIES Corp now owns 81,322 shares of the computer hardware maker’s stock worth $12,848,000 after buying an additional 2,484 shares during the last quarter. ORG Wealth Partners LLC grew its holdings in shares of NVIDIA by 7.7% during the second quarter. ORG Wealth Partners LLC now owns 49,301 shares of the computer hardware maker’s stock worth $7,560,000 after buying an additional 3,542 shares during the last quarter. Finally, Sentinel Pension Advisors LLC increased its position in NVIDIA by 4.1% in the 2nd quarter. Sentinel Pension Advisors LLC now owns 2,743 shares of the computer hardware maker’s stock valued at $433,000 after acquiring an additional 107 shares during the period. Hedge funds and other institutional investors own 65.27% of the company’s stock.

NVIDIA Stock Performance

NASDAQ:NVDA opened at $180.26 on Friday. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.21 and a quick ratio of 3.60. The firm has a market cap of $4.38 trillion, a PE ratio of 51.36, a P/E/G ratio of 1.49 and a beta of 2.11. The firm has a 50 day simple moving average of $186.90 and a 200-day simple moving average of $169.81. NVIDIA Corporation has a 1-year low of $86.62 and a 1-year high of $212.19.

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

NVIDIA Announces Dividend

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

Analysts Set New Price Targets

NVDA has been the subject of several recent research reports. BNP Paribas Exane increased their price target on NVIDIA from $240.00 to $250.00 and gave the stock an “outperform” rating in a report on Tuesday, November 18th. Stifel Nicolaus raised their target price on shares of NVIDIA from $212.00 to $250.00 and gave the stock a “buy” rating in a research note on Tuesday, November 18th. Hsbc Global Res raised shares of NVIDIA from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 15th. Melius Research increased their price target on shares of NVIDIA from $300.00 to $320.00 and gave the stock a “buy” rating in a report on Thursday, November 20th. Finally, Wolfe Research lifted their price objective on NVIDIA from $230.00 to $250.00 and gave the company an “outperform” rating in a report on Thursday, November 20th. Five analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $258.19.

Insider Activity at NVIDIA

In other news, CFO Colette Kress sold 27,640 shares of the company’s stock in a transaction on Monday, November 3rd. The shares were 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 approximately $589,182,656.26. This represents a 0.97% 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 this link. Also, Director John Dabiri sold 626 shares of NVIDIA stock in a transaction dated Monday, November 24th. The stock was sold at an average price of $179.42, for a total value of $112,316.92. Following the sale, the director directly owned 17,792 shares in the company, valued at approximately $3,192,240.64. The trade was a 3.40% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 3,177,203 shares of company stock worth $570,171,004. 4.17% of the stock is currently owned by company insiders.

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.