WESPAC Advisors SoCal LLC Trims Stake in NVIDIA Corporation $NVDA

WESPAC Advisors SoCal LLC lowered its stake in NVIDIA Corporation (NASDAQ:NVDA) by 3.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 68,321 shares of the computer hardware maker’s stock after selling 2,472 shares during the quarter. NVIDIA comprises about 2.4% of WESPAC Advisors SoCal LLC’s portfolio, making the stock its 14th biggest holding. WESPAC Advisors SoCal LLC’s holdings in NVIDIA were worth $10,794,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also made changes to their positions in the stock. Brighton Jones LLC grew its position in NVIDIA by 12.4% in the 4th quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker’s stock valued at $43,631,000 after acquiring an additional 35,815 shares in the last quarter. Bank Pictet & Cie Europe AG boosted its stake in shares of NVIDIA by 1.0% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 2,346,417 shares of the computer hardware maker’s stock valued at $315,100,000 after purchasing an additional 22,929 shares during the period. Highview Capital Management LLC DE grew its holdings in shares of NVIDIA by 6.7% in the fourth quarter. Highview Capital Management LLC DE now owns 58,396 shares of the computer hardware maker’s stock valued at $7,842,000 after purchasing an additional 3,653 shares in the last quarter. Hudson Value Partners LLC increased its stake in NVIDIA by 30.7% during the 4th quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker’s stock worth $6,805,000 after buying an additional 11,900 shares during the period. Finally, Wealth Group Ltd. increased its stake in NVIDIA by 15.7% during the 1st quarter. Wealth Group Ltd. now owns 6,598 shares of the computer hardware maker’s stock worth $715,000 after buying an additional 896 shares during the period. 65.27% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have commented on NVDA. Stifel Nicolaus boosted their price target on shares of NVIDIA from $202.00 to $212.00 and gave the stock a “buy” rating in a research note on Monday, August 25th. Evercore ISI set a $261.00 price target on NVIDIA and gave the stock an “outperform” rating in a report on Wednesday, October 29th. Mizuho set a $235.00 price objective on NVIDIA in a research note on Wednesday, October 29th. Melius Research set a $300.00 price objective on NVIDIA in a research report on Wednesday, October 29th. Finally, President Capital raised their target price on shares of NVIDIA from $210.00 to $240.00 and gave the company a “buy” rating in a report on Thursday, October 30th. Five research analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $239.15.

Insider Activity

In related news, CEO Jen Hsun Huang sold 75,000 shares of the company’s stock in a transaction on Wednesday, September 10th. The shares were sold at an average price of $177.57, for a total value of $13,317,750.00. Following the completion of the sale, the chief executive officer owned 72,248,366 shares in the company, valued at $12,829,142,350.62. This represents a 0.10% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Mark A. Stevens sold 350,000 shares of the stock in a transaction on Friday, September 19th. The stock was sold at an average price of $176.39, for a total transaction of $61,736,500.00. Following the sale, the director 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 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 in the last ninety days. 4.17% of the stock is currently owned by company insiders.

NVIDIA Stock Performance

NASDAQ NVDA opened at $190.17 on Friday. The company has a fifty day moving average of $185.60 and a two-hundred day moving average of $165.55. The company has a market capitalization of $4.62 trillion, a PE ratio of 54.18, a P/E/G ratio of 1.49 and a beta of 2.11. NVIDIA Corporation has a 1 year low of $86.62 and a 1 year high of $212.19. 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 (NASDAQ:NVDA) last posted its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.04. The business had revenue of $46.74 billion during the quarter, compared to the consensus estimate of $45.65 billion. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The business’s quarterly revenue was up 55.6% on a year-over-year basis. During the same period in the previous year, the business earned $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. As a group, analysts expect that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Announces Dividend

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. The ex-dividend date was Thursday, September 11th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.0%. NVIDIA’s dividend payout ratio (DPR) is 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.