Blankinship & Foster LLC Has $273,000 Position in NVIDIA Corporation $NVDA

Key Points

• Blankinship & Foster LLC has reduced its holdings in NVIDIA by 40.3% during the 1st quarter, now owning 2,520 shares valued at approximately $273,000.
• NVIDIA reported Q1 earnings per share (EPS) of $0.81, missing expectations, while revenue reached $44.06 billion, exceeding analyst estimates.
• Recent analyst ratings have been mixed, with KeyCorp raising its price target for NVIDIA to $215.00, while most ratings reflect a consensus of "Moderate Buy".

Blankinship & Foster LLC lowered its holdings in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 40.3% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,520 shares of the computer hardware maker's stock after selling 1,700 shares during the quarter. Blankinship & Foster LLC's holdings in NVIDIA were worth $273,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of NVDA. Condor Capital Management raised its stake in NVIDIA by 3.6% in the 4th quarter. Condor Capital Management now owns 2,559 shares of the computer hardware maker's stock valued at $344,000 after acquiring an additional 89 shares during the period. High Note Wealth LLC raised its stake in NVIDIA by 0.5% in the 1st quarter. High Note Wealth LLC now owns 17,873 shares of the computer hardware maker's stock valued at $1,937,000 after acquiring an additional 91 shares during the period. Kelly Financial Services LLC raised its stake in NVIDIA by 2.0% in the 1st quarter. Kelly Financial Services LLC now owns 4,736 shares of the computer hardware maker's stock valued at $513,000 after acquiring an additional 94 shares during the period. Next Capital Management LLC raised its stake in NVIDIA by 0.8% in the 1st quarter. Next Capital Management LLC now owns 12,589 shares of the computer hardware maker's stock valued at $1,364,000 after acquiring an additional 94 shares during the period. Finally, Mendel Capital Management LLC raised its stake in NVIDIA by 0.8% in the 1st quarter. Mendel Capital Management LLC now owns 11,871 shares of the computer hardware maker's stock valued at $1,287,000 after acquiring an additional 96 shares during the period. Institutional investors and hedge funds own 65.27% of the company's stock.

NVIDIA Stock Down 0.1%

Shares of NVDA opened at $175.40 on Thursday. The firm has a market cap of $4.28 trillion, a P/E ratio of 56.58, a P/E/G ratio of 1.54 and a beta of 2.14. The stock has a 50 day simple moving average of $166.03 and a two-hundred day simple moving average of $136.50. The company has a debt-to-equity ratio of 0.10, a current ratio of 3.39 and a quick ratio of 2.96. NVIDIA Corporation has a 1 year low of $86.62 and a 1 year high of $184.48.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its earnings results on Wednesday, May 28th. The computer hardware maker reported $0.81 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.87 by ($0.06). The firm had revenue of $44.06 billion during the quarter, compared to analysts' expectations of $43.09 billion. NVIDIA had a return on equity of 105.09% and a net margin of 51.69%.The firm's quarterly revenue was up 69.2% compared to the same quarter last year. During the same period in the prior year, the company earned $0.61 EPS. NVIDIA has set its Q2 2026 guidance at EPS. On average, analysts forecast that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, July 3rd. Shareholders of record on Wednesday, June 11th were paid a $0.01 dividend. The ex-dividend date of this dividend was Wednesday, June 11th. This represents a $0.04 annualized dividend and a yield of 0.0%. NVIDIA's dividend payout ratio is currently 1.29%.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on NVDA shares. KeyCorp upped their price target on NVIDIA from $190.00 to $215.00 and gave the company an "overweight" rating in a research report on Wednesday. BNP Paribas upgraded NVIDIA to a "hold" rating in a research report on Friday, August 1st. Cantor Fitzgerald reiterated an "overweight" rating and set a $240.00 price target (up from $200.00) on shares of NVIDIA in a research report on Monday. Needham & Company LLC upped their price target on NVIDIA from $160.00 to $200.00 and gave the company a "buy" rating in a research report on Wednesday, July 16th. Finally, Raymond James Financial upped their price target on NVIDIA from $150.00 to $165.00 and gave the company a "strong-buy" rating in a research report on Thursday, May 29th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $189.97.

Insider Activity at NVIDIA

In other news, CEO Jen Hsun Huang sold 75,000 shares of the stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $179.76, for a total transaction of $13,482,000.00. Following the completion of the sale, the chief executive officer owned 72,848,225 shares of the company's stock, valued at approximately $13,095,196,926. This represents a 0.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Colette Kress sold 27,640 shares of the stock in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of $178.06, for a total value of $4,921,578.40. Following the sale, the chief financial officer directly owned 2,956,876 shares of the company's stock, valued at approximately $526,501,340.56. This trade represents a 0.93% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 5,912,440 shares of company stock valued at $902,886,782. 4.17% of the stock is owned by insiders.

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.

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