Caitlin John LLC Has $1.85 Million Stake in NVIDIA Corporation $NVDA

Key Points

• Caitlin John LLC reduced its stake in NVIDIA Corporation by 12.6%, now holding 11,734 shares valued at approximately $1.85 million.
• NVIDIA reported quarterly earnings of $1.05 per share, surpassing analyst expectations, with revenue of $46.74 billion, reflecting a 55.6% increase year-over-year.
• The company will pay a quarterly dividend of $0.01 per share on October 2nd, with a 0.0% dividend yield.

Caitlin John LLC lowered its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 12.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,734 shares of the computer hardware maker's stock after selling 1,699 shares during the quarter. NVIDIA accounts for about 1.7% of Caitlin John LLC's portfolio, making the stock its 11th biggest position. Caitlin John LLC's holdings in NVIDIA were worth $1,854,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Pachira Investments Inc. boosted its stake in shares of NVIDIA by 1.0% during the 2nd quarter. Pachira Investments Inc. now owns 6,450 shares of the computer hardware maker's stock worth $1,019,000 after acquiring an additional 63 shares during the period. HFG Wealth Management LLC raised its holdings in NVIDIA by 3.4% in the 2nd quarter. HFG Wealth Management LLC now owns 2,075 shares of the computer hardware maker's stock valued at $328,000 after acquiring an additional 68 shares in the last quarter. Burkett Financial Services LLC raised its holdings in shares of NVIDIA by 1.3% during the 2nd quarter. Burkett Financial Services LLC now owns 5,450 shares of the computer hardware maker's stock worth $861,000 after buying an additional 70 shares in the last quarter. Guided Capital Wealth Management LLC raised its holdings in shares of NVIDIA by 0.3% during the 2nd quarter. Guided Capital Wealth Management LLC now owns 27,858 shares of the computer hardware maker's stock worth $4,401,000 after buying an additional 70 shares in the last quarter. Finally, Luts & Greenleigh Group Inc. grew its position in NVIDIA by 0.4% during the 2nd quarter. Luts & Greenleigh Group Inc. now owns 19,894 shares of the computer hardware maker's stock worth $3,143,000 after acquiring an additional 76 shares during the last quarter. Institutional investors and hedge funds own 65.27% of the company's stock.

NVIDIA Price Performance

Shares of NASDAQ NVDA opened at $187.24 on Thursday. The stock has a market cap of $4.55 trillion, a PE ratio of 53.34, a price-to-earnings-growth ratio of 1.35 and a beta of 2.12. NVIDIA Corporation has a fifty-two week low of $86.62 and a fifty-two week high of $188.14. The stock has a fifty day moving average of $177.52 and a 200-day moving average of $147.17. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.60 and a current ratio of 4.21.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its quarterly earnings results 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 return on equity of 101.74% and a net margin of 52.41%.The firm had revenue of $46.74 billion during the quarter, compared to analyst estimates of $45.65 billion. During the same quarter in the previous year, the company posted $0.68 earnings per share. The company's revenue was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. Equities research analysts anticipate that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th will be paid a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. The ex-dividend date is Thursday, September 11th. NVIDIA's dividend payout ratio is 1.14%.

Insiders Place Their Bets

In other NVIDIA news, CEO Jen Hsun Huang sold 75,000 shares of the stock in a transaction on Monday, September 29th. The stock was sold at an average price of $182.34, for a total value of $13,675,500.00. Following the completion of the sale, the chief executive officer owned 71,233,203 shares in the company, valued at approximately $12,988,662,235.02. This represents a 0.11% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Mark A. Stevens sold 350,000 shares of the firm's stock in a transaction dated 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 transaction, the director owned 7,399,803 shares of the company's stock, valued at approximately $1,305,251,251.17. The trade was a 4.52% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 4,022,407 shares of company stock worth $700,382,754 in the last three months. 4.17% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

NVDA has been the subject of several recent research reports. Rosenblatt Securities reissued a "buy" rating and issued a $215.00 price target on shares of NVIDIA in a research note on Tuesday, September 23rd. Truist Financial raised their target price on NVIDIA from $210.00 to $228.00 and gave the stock a "buy" rating in a research note on Thursday, August 28th. Citigroup reaffirmed a "buy" rating and set a $210.00 target price (up previously from $200.00) on shares of NVIDIA in a research note on Tuesday. Oppenheimer reaffirmed 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. Finally, Wall Street Zen upgraded NVIDIA from a "hold" rating to a "buy" rating in a report on Friday, September 5th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-six have given a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $211.00.

NVIDIA 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.

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