NVIDIA Corporation $NVDA Shares Sold by Gould Asset Management LLC CA

Gould Asset Management LLC CA decreased its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA) by 25.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,530 shares of the computer hardware maker’s stock after selling 525 shares during the quarter. Gould Asset Management LLC CA’s holdings in NVIDIA were worth $242,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Uniting Wealth Partners LLC grew its holdings in shares of NVIDIA by 2.6% during the second quarter. Uniting Wealth Partners LLC now owns 54,604 shares of the computer hardware maker’s stock valued at $8,627,000 after purchasing an additional 1,379 shares during the last quarter. Everest Management Corp. boosted its position in NVIDIA by 7.2% during the 2nd quarter. Everest Management Corp. now owns 19,022 shares of the computer hardware maker’s stock valued at $3,005,000 after purchasing an additional 1,275 shares during the period. Dravo Bay LLC bought a new position in NVIDIA during the 2nd quarter worth $298,000. Center for Financial Planning Inc. increased its position in NVIDIA by 4.6% in the second quarter. Center for Financial Planning Inc. now owns 8,429 shares of the computer hardware maker’s stock worth $1,332,000 after buying an additional 367 shares during the period. Finally, Twin City Private Wealth LLC increased its holdings in shares of NVIDIA by 2.0% in the 2nd quarter. Twin City Private Wealth LLC now owns 4,297 shares of the computer hardware maker’s stock worth $679,000 after acquiring an additional 85 shares during the period. 65.27% of the stock is currently owned by institutional investors and hedge funds.

NVIDIA Trading Down 2.0%

Shares of NVDA stock opened at $176.67 on Friday. The stock has a 50-day simple moving average of $186.90 and a 200 day simple moving average of $170.18. The stock has a market capitalization of $4.29 trillion, a P/E ratio of 50.33, a P/E/G ratio of 1.49 and a beta of 2.11. NVIDIA Corporation has a fifty-two week low of $86.62 and a fifty-two 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.

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

NVIDIA Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 26th. Investors 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 (DPR) is presently 0.99%.

Analyst Ratings Changes

A number of research analysts have issued reports on the stock. S&P Equity Research reissued a “positive” rating on shares of NVIDIA in a research note on Wednesday, October 22nd. TD Cowen boosted their price objective on NVIDIA from $140.00 to $235.00 and gave the stock a “buy” rating in a research report on Tuesday, August 19th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $240.00 target price (up previously from $210.00) on shares of NVIDIA in a research note on Friday, October 31st. HSBC set a $320.00 price target on NVIDIA and gave the company a “buy” rating in a report on Wednesday, October 15th. Finally, BNP Paribas Exane upped their price objective on shares of NVIDIA from $240.00 to $250.00 and gave the stock an “outperform” rating in a report on Tuesday, November 18th. Five investment analysts have rated the stock with a Strong Buy rating, forty-six have assigned 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 $258.30.

Insider Buying and Selling at NVIDIA

In related news, CEO Jen Hsun Huang sold 75,000 shares of NVIDIA stock in a transaction on Wednesday, September 10th. The stock was sold at an average price of $177.57, for a total value of $13,317,750.00. Following the transaction, the chief executive officer directly owned 72,248,366 shares in the company, valued at $12,829,142,350.62. The trade was a 0.10% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Mark A. Stevens sold 350,000 shares of the company’s stock in a transaction on Friday, September 19th. The shares were sold at an average price of $176.39, for a total value of $61,736,500.00. Following the sale, the director directly owned 7,399,803 shares of the company’s stock, valued at approximately $1,305,251,251.17. This represents a 4.52% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 3,177,203 shares of company stock valued at $570,171,004. Corporate insiders own 4.17% of the company’s stock.

NVIDIA 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.