NVIDIA Corporation $NVDA Shares Sold by Aviance Capital Partners LLC

Aviance Capital Partners LLC trimmed its stake in NVIDIA Corporation (NASDAQ:NVDA) by 1.4% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 62,951 shares of the computer hardware maker’s stock after selling 914 shares during the quarter. NVIDIA makes up about 1.3% of Aviance Capital Partners LLC’s investment portfolio, making the stock its 10th largest holding. Aviance Capital Partners LLC’s holdings in NVIDIA were worth $9,946,000 at the end of the most recent reporting period.

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

Insider Transactions at NVIDIA

In other NVIDIA news, CEO Jen Hsun Huang sold 25,000 shares of the firm’s stock in a transaction dated Wednesday, October 29th. The shares were 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 owned 69,733,203 shares in the company, valued at approximately $14,498,230,235.73. This trade represents a 0.04% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CFO Colette Kress sold 27,640 shares of the company’s stock in a transaction 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 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 position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 3,177,203 shares of company stock worth $570,171,004. Insiders own 4.17% of the company’s stock.

NVIDIA Stock Down 2.0%

NVDA stock opened at $176.67 on Friday. The stock has a market capitalization of $4.29 trillion, a price-to-earnings ratio of 50.33, a price-to-earnings-growth ratio of 1.49 and a beta of 2.11. The company has a 50-day moving average of $186.90 and a two-hundred day moving average of $170.18. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.21 and a quick ratio of 3.60. NVIDIA Corporation has a 52-week low of $86.62 and a 52-week high of $212.19.

NVIDIA (NASDAQ:NVDA) last posted its quarterly earnings results on Wednesday, November 19th. The computer hardware maker reported $1.30 EPS for the quarter, beating 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 during the quarter, compared to analysts’ expectations of $54.66 billion. During the same quarter in the prior year, the firm posted $0.81 EPS. The company’s revenue for the quarter was up 62.5% on a year-over-year basis. NVIDIA has set its Q4 2026 guidance at EPS. As a group, equities research analysts anticipate that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the stock. Weiss Ratings reiterated a “buy (b)” rating on shares of NVIDIA in a research report on Tuesday. Raymond James Financial set a $272.00 target price on shares of NVIDIA and gave the stock a “strong-buy” rating in a report on Thursday, November 20th. Wells Fargo & Company restated an “overweight” rating and set a $265.00 target price (up from $220.00) on shares of NVIDIA in a report on Friday, November 14th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of NVIDIA from $180.00 to $215.00 and gave the stock a “hold” rating in a research report on Thursday, November 20th. Finally, Rosenblatt Securities increased their price objective on NVIDIA from $240.00 to $245.00 and gave the company a “buy” rating in a research report on Thursday, November 20th. Five analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, NVIDIA presently has a consensus rating of “Buy” and a consensus price target of $258.30.

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.