NVIDIA Corporation $NVDA Stock Position Reduced by Catalyst Capital Advisors LLC

Catalyst Capital Advisors LLC decreased its stake in NVIDIA Corporation (NASDAQ:NVDA) by 48.0% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 14,537 shares of the computer hardware maker’s stock after selling 13,423 shares during the quarter. Catalyst Capital Advisors LLC’s holdings in NVIDIA were worth $2,297,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of NVDA. Harbor Asset Planning Inc. purchased a new position in NVIDIA in the second quarter valued at about $28,000. Kathleen S. Wright Associates Inc. lifted its holdings in shares of NVIDIA by 169.3% during the 1st quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker’s stock valued at $44,000 after buying an additional 254 shares during the last quarter. Barnes Dennig Private Wealth Management LLC bought a new stake in shares of NVIDIA in the 1st quarter valued at approximately $51,000. Legend Financial Advisors Inc. bought a new stake in shares of NVIDIA in the 2nd quarter valued at approximately $55,000. Finally, Campbell Capital Management Inc. increased its holdings in NVIDIA by 5,900.0% in the first quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker’s stock worth $65,000 after buying an additional 590 shares during the last quarter. Institutional investors and hedge funds own 65.27% of the company’s stock.

NVIDIA Price Performance

NASDAQ:NVDA opened at $181.36 on Wednesday. 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 one year low of $86.62 and a one year high of $212.19. The company has a fifty day moving average price of $186.18 and a 200 day moving average price of $167.35. The stock has a market cap of $4.41 trillion, a P/E ratio of 51.67, a PEG ratio of 1.49 and a beta of 2.11.

NVIDIA (NASDAQ:NVDA) last posted its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.04. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The company had revenue of $46.74 billion for the quarter, compared to the consensus estimate of $45.65 billion. During the same quarter in the previous year, the firm posted $0.68 EPS. The business’s revenue was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. Analysts anticipate that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, October 2nd. Shareholders of record on Thursday, September 11th were issued a $0.01 dividend. The ex-dividend date of this dividend was Thursday, September 11th. This represents a $0.04 annualized dividend and a yield of 0.0%. NVIDIA’s dividend payout ratio is 1.14%.

Insider Buying and Selling

In other news, CEO Jen Hsun Huang sold 25,000 shares of NVIDIA stock in a transaction that occurred on Wednesday, October 29th. The stock was sold at an average price of $207.91, for a total transaction of $5,197,750.00. Following the sale, the chief executive officer owned 69,733,203 shares of the company’s stock, valued at approximately $14,498,230,235.73. This trade represents a 0.04% decrease in their position. The sale 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 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 owned 2,828,122 shares of the company’s stock, valued at $589,182,656.26. The trade was a 0.97% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 3,251,577 shares of company stock valued at $583,143,187 in the last quarter. Corporate insiders own 4.17% of the company’s stock.

Wall Street Analysts Forecast Growth

NVDA has been the subject of several recent research reports. Stifel Nicolaus boosted their target price on shares of NVIDIA from $212.00 to $250.00 and gave the stock a “buy” rating in a research report on Tuesday. Loop Capital lifted their price objective on shares of NVIDIA from $250.00 to $350.00 and gave the company a “buy” rating in a research note on Monday, November 3rd. Wedbush reissued an “outperform” rating and set a $210.00 target price on shares of NVIDIA in a research report on Thursday, August 28th. Wolfe Research set a $230.00 price target on NVIDIA and gave the stock an “outperform” rating in a research report on Tuesday, October 28th. Finally, HSBC set a $320.00 price target on NVIDIA and gave the stock a “buy” rating in a research note on Wednesday, October 15th. Five research analysts have rated the stock with a Strong Buy rating, forty-one have assigned a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $240.49.

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.