Uhlmann Price Securities LLC Sells 741 Shares of NVIDIA Corporation $NVDA

Uhlmann Price Securities LLC lessened its stake in shares of NVIDIA Corporation (NASDAQ:NVDA) by 17.4% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 3,517 shares of the computer hardware maker’s stock after selling 741 shares during the period. Uhlmann Price Securities LLC’s holdings in NVIDIA were worth $556,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently made changes to their positions in NVDA. Harbor Asset Planning Inc. purchased a new position in NVIDIA during the second quarter valued at approximately $28,000. Legend Financial Advisors Inc. bought a new stake in shares of NVIDIA during the 2nd quarter valued at $55,000. Kathleen S. Wright Associates Inc. lifted its stake 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 in the last quarter. Westend Capital Management LLC lifted 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 valued at $72,000 after buying an additional 145 shares in the last quarter. Finally, Barnes Dennig Private Wealth Management LLC bought a new position in NVIDIA in the 1st quarter worth $51,000. Institutional investors own 65.27% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have commented on NVDA. BNP Paribas raised NVIDIA to a “hold” rating in a report on Friday, August 1st. Barclays reiterated an “overweight” rating and set a $240.00 target price (up previously from $200.00) on shares of NVIDIA in a research report on Monday, September 22nd. Oppenheimer reissued an “outperform” rating and set a $225.00 target price (up previously from $200.00) on shares of NVIDIA in a research note on Thursday, August 28th. Piper Sandler set a $225.00 price target on NVIDIA and gave the stock an “overweight” rating in a research note on Wednesday, August 13th. Finally, Mizuho set a $235.00 price objective on shares of NVIDIA in a report on Wednesday, October 29th. Five analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $235.44.

Insider Activity at NVIDIA

In related news, Director Harvey C. Jones sold 250,000 shares of NVIDIA stock in a transaction dated Thursday, September 18th. The stock was sold at an average price of $176.21, for a total value of $44,052,500.00. Following the completion of the transaction, the director owned 7,183,280 shares in the company, valued at approximately $1,265,765,768.80. This trade represents a 3.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Mark A. Stevens sold 350,000 shares of the company’s stock in a transaction that occurred 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 owned 7,399,803 shares in the company, valued at approximately $1,305,251,251.17. This trade represents a 4.52% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 3,326,577 shares of company stock valued at $596,625,187. Insiders own 4.17% of the company’s stock.

NVIDIA Stock Up 0.3%

NASDAQ NVDA opened at $193.80 on Thursday. The stock has a 50 day moving average price of $184.84 and a 200-day moving average price of $164.84. NVIDIA Corporation has a one year low of $86.62 and a one year high of $212.19. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.60 and a current ratio of 4.21. The company has a market capitalization of $4.71 trillion, a P/E ratio of 55.21, a P/E/G ratio of 1.49 and a beta of 2.11.

NVIDIA (NASDAQ:NVDA) last released its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 prior year, the firm earned $0.68 earnings per share. NVIDIA’s revenue was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. As a group, equities analysts predict that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th were given a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. The ex-dividend date was Thursday, September 11th. NVIDIA’s dividend payout ratio is currently 1.14%.

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.