Catalina Capital Group LLC Cuts Stock Position in NVIDIA Corporation $NVDA

Key Points

• Catalina Capital Group LLC has reduced its stock position in NVIDIA Corporation by 22.8%, now holding 36,484 shares valued at approximately $5.76 million.
• In contrast, Kingstone Capital Partners Texas LLC dramatically increased its holdings in NVIDIA by over 267,000%, acquiring 382 million shares valued at $64.98 billion.
• NVIDIA recently announced a quarterly dividend of $0.01 per share, reflecting a low annualized yield of 0.0%, and the company has a payout ratio of 1.14%.

Catalina Capital Group LLC decreased its position in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 22.8% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 36,484 shares of the computer hardware maker's stock after selling 10,751 shares during the quarter. NVIDIA makes up approximately 3.8% of Catalina Capital Group LLC's portfolio, making the stock its 5th largest holding. Catalina Capital Group LLC's holdings in NVIDIA were worth $5,764,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Kingstone Capital Partners Texas LLC raised its position in shares of NVIDIA by 267,959.7% in the second quarter. Kingstone Capital Partners Texas LLC now owns 382,373,765 shares of the computer hardware maker's stock valued at $64,976,521,000 after purchasing an additional 382,231,120 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of NVIDIA by 2.9% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 206,794,926 shares of the computer hardware maker's stock valued at $22,412,434,000 after purchasing an additional 5,896,735 shares during the period. Goldman Sachs Group Inc. raised its position in shares of NVIDIA by 123.5% in the first quarter. Goldman Sachs Group Inc. now owns 187,995,213 shares of the computer hardware maker's stock valued at $20,374,921,000 after purchasing an additional 103,889,872 shares during the period. Nuveen LLC acquired a new stake in shares of NVIDIA in the first quarter worth $15,089,414,000. Finally, Amundi grew its stake in shares of NVIDIA by 16.0% in the first quarter. Amundi now owns 135,770,043 shares of the computer hardware maker's stock worth $13,826,199,000 after acquiring an additional 18,733,431 shares during the last quarter. Institutional investors own 65.27% of the company's stock.

Insider Activity at NVIDIA

In other news, CEO Jen Hsun Huang sold 75,000 shares of the business's stock in a transaction on Wednesday, October 15th. The shares were sold at an average price of $181.01, for a total value of $13,575,750.00. Following the sale, the chief executive officer owned 70,333,203 shares in the company, valued at approximately $12,731,013,075.03. The trade was a 0.11% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In the last 90 days, insiders have sold 3,753,937 shares of company stock valued at $667,769,026. 4.17% of the stock is currently owned by insiders.

NVIDIA Stock Up 0.8%

NVDA opened at $183.22 on Friday. NVIDIA Corporation has a fifty-two week low of $86.62 and a fifty-two week high of $195.62. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.21 and a quick ratio of 3.60. The firm's fifty day moving average price is $179.40 and its two-hundred day moving average price is $153.27. The company has a market capitalization of $4.45 trillion, a P/E ratio of 52.20, a P/E/G ratio of 1.32 and a beta of 2.12.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share for the quarter, topping 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 firm 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 company earned $0.68 earnings per share. The business's revenue was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. On average, analysts anticipate that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Announces Dividend

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

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on NVDA. Hsbc Global Res upgraded shares of NVIDIA from a "hold" rating to a "strong-buy" rating in a research note on Wednesday. Bank of America raised their price objective on shares of NVIDIA from $220.00 to $235.00 and gave the stock a "buy" rating in a research note on Thursday, August 28th. Wedbush restated an "outperform" rating and issued a $210.00 price objective on shares of NVIDIA in a research note on Thursday, August 28th. Craig Hallum raised their price objective on shares of NVIDIA from $195.00 to $245.00 and gave the stock a "buy" rating in a research note on Thursday, August 28th. Finally, Barclays restated an "overweight" rating and issued a $240.00 price objective (up previously from $200.00) on shares of NVIDIA in a research note on Monday, September 22nd. Five equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Buy" and an average target price of $222.23.

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.

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