NVIDIA Corporation $NVDA is GWN Securities Inc.’s 5th Largest Position

GWN Securities Inc. cut its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA) by 75.2% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 72,700 shares of the computer hardware maker’s stock after selling 220,309 shares during the period. NVIDIA comprises approximately 2.1% of GWN Securities Inc.’s investment portfolio, making the stock its 5th biggest holding. GWN Securities Inc.’s holdings in NVIDIA were worth $11,497,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Harbor Asset Planning Inc. acquired a new stake in NVIDIA during the second quarter worth about $28,000. Kathleen S. Wright Associates Inc. lifted its holdings in NVIDIA by 169.3% in the first quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker’s stock valued at $44,000 after acquiring an additional 254 shares during the period. Legend Financial Advisors Inc. purchased a new stake in NVIDIA in the 2nd quarter worth approximately $55,000. Campbell Capital Management Inc. boosted its position in NVIDIA by 5,900.0% in the 1st quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker’s stock worth $65,000 after purchasing an additional 590 shares in the last quarter. Finally, Westend Capital Management LLC grew its stake in shares of NVIDIA by 46.8% during the 2nd quarter. Westend Capital Management LLC now owns 455 shares of the computer hardware maker’s stock worth $72,000 after purchasing an additional 145 shares during the period. 65.27% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

NVDA has been the subject of several analyst reports. Piper Sandler set a $225.00 target price on shares of NVIDIA and gave the company an “overweight” rating in a research note on Wednesday, August 13th. CICC Research lifted their price objective on shares of NVIDIA from $200.00 to $228.00 and gave the company an “outperform” rating in a report on Friday. Arete upped their price objective on shares of NVIDIA from $235.00 to $244.00 and gave the stock a “buy” rating in a research report on Tuesday, October 14th. President Capital raised their target price on NVIDIA from $210.00 to $240.00 and gave the company a “buy” rating in a research report on Thursday, October 30th. Finally, Loop Capital lifted their price target on NVIDIA from $250.00 to $350.00 and gave the company a “buy” rating in a research note on Monday, November 3rd. Four investment 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 assigned a Sell rating to the company. Based on data from MarketBeat.com, NVIDIA presently has an average rating of “Buy” and an average price target of $257.79.

Insider Activity at NVIDIA

In related news, CEO Jen Hsun Huang sold 25,000 shares of the stock in a transaction on 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 transaction, the chief executive officer directly owned 69,733,203 shares of the company’s stock, valued at approximately $14,498,230,235.73. This represents a 0.04% decrease in their position. The transaction 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 firm’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 owned 2,828,122 shares in the company, valued at $589,182,656.26. The trade was a 0.97% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 3,251,577 shares of company stock valued at $583,143,187 over the last quarter. 4.17% of the stock is owned by company insiders.

NVIDIA Stock Down 1.0%

NVDA stock opened at $178.88 on Monday. 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 firm has a 50-day simple moving average of $186.46 and a 200-day simple moving average of $168.77. The stock has a market capitalization of $4.35 trillion, a P/E ratio of 50.96, a P/E/G ratio of 1.49 and a beta of 2.11.

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 firm had revenue of $57.01 billion for the quarter, compared to analyst estimates of $54.66 billion. During the same period last year, the company posted $0.81 EPS. NVIDIA’s quarterly revenue was up 62.5% compared to the same quarter last year. NVIDIA has set its Q4 2026 guidance at EPS. Equities analysts forecast that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement

The company also recently declared 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 of this dividend is Thursday, December 4th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.0%. NVIDIA’s payout ratio is currently 0.99%.

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.