D L Carlson Investment Group Inc. Sells 14,487 Shares of NVIDIA Corporation $NVDA

Key Points

• D L Carlson Investment Group Inc. reduced its stake in NVIDIA Corporation by 11.1%, selling 14,487 shares, and now holds 115,964 shares valued at approximately $12.57 million.
• NVIDIA recently reported a quarterly earnings increase, with earnings per share at $1.05, surpassing analysts' expectations and showing a 55.6% increase year-over-year in revenue.
• The company declared a quarterly dividend of $0.01 per share, indicating a low yield of 0.0%, with a payout ratio of 1.14%.

D L Carlson Investment Group Inc. lowered its position in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 11.1% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 115,964 shares of the computer hardware maker's stock after selling 14,487 shares during the quarter. NVIDIA makes up approximately 2.4% of D L Carlson Investment Group Inc.'s holdings, making the stock its 7th biggest position. D L Carlson Investment Group Inc.'s holdings in NVIDIA were worth $12,568,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC lifted its position in shares of NVIDIA by 12.4% during the 4th quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker's stock worth $43,631,000 after purchasing an additional 35,815 shares during the last quarter. Bank Pictet & Cie Europe AG lifted its position in shares of NVIDIA by 1.0% during the 4th quarter. Bank Pictet & Cie Europe AG now owns 2,346,417 shares of the computer hardware maker's stock worth $315,100,000 after purchasing an additional 22,929 shares during the last quarter. Highview Capital Management LLC DE raised its holdings in NVIDIA by 6.7% in the 4th quarter. Highview Capital Management LLC DE now owns 58,396 shares of the computer hardware maker's stock valued at $7,842,000 after acquiring an additional 3,653 shares in the last quarter. Hudson Value Partners LLC raised its holdings in NVIDIA by 30.7% in the 4th quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker's stock valued at $6,805,000 after acquiring an additional 11,900 shares in the last quarter. Finally, Selway Asset Management acquired a new position in NVIDIA in the 4th quarter valued at approximately $269,000. Hedge funds and other institutional investors own 65.27% of the company's stock.

NVIDIA Trading Up 0.4%

NVDA traded up $0.65 during mid-day trading on Friday, reaching $177.82. The stock had a trading volume of 124,573,313 shares, compared to its average volume of 177,755,424. The stock has a market capitalization of $4.32 trillion, a P/E ratio of 50.66, a P/E/G ratio of 1.29 and a beta of 2.10. 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 firm's fifty day simple moving average is $174.05 and its two-hundred day simple moving average is $141.23. NVIDIA Corporation has a 52 week low of $86.62 and a 52 week high of $184.48.

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, beating analysts' consensus estimates of $1.01 by $0.04. The company had revenue of $46.74 billion for 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 firm's quarterly revenue was up 55.6% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. On average, equities analysts predict that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Announces Dividend

The business also recently declared 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. The ex-dividend date of this dividend is 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 is 1.14%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. Citigroup lowered their price objective on NVIDIA from $210.00 to $200.00 and set a "buy" rating on the stock in a research note on Monday. Robert W. Baird upped their price objective on NVIDIA from $195.00 to $225.00 and gave the company an "outperform" rating in a research note on Monday, August 25th. Evercore ISI increased their price target on NVIDIA from $190.00 to $214.00 and gave the stock an "outperform" rating in a research report on Friday, August 22nd. Stifel Nicolaus increased their price target on NVIDIA from $202.00 to $212.00 and gave the stock a "buy" rating in a research report on Monday, August 25th. Finally, Phillip Securities upgraded NVIDIA from a "moderate buy" rating to a "strong-buy" rating in a research report on Monday, July 14th. Four analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $207.83.

Insider Buying and Selling at NVIDIA

In other NVIDIA news, Director Dawn E. Hudson sold 18,000 shares of the stock in a transaction dated Wednesday, September 3rd. The stock was sold at an average price of $172.00, for a total transaction of $3,096,000.00. Following the completion of the transaction, the director owned 368,887 shares in the company, valued at approximately $63,448,564. This represents a 4.65% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Jen Hsun Huang sold 75,000 shares of the stock in a transaction dated Wednesday, September 10th. The stock was sold at an average price of $177.57, for a total value of $13,317,750.00. Following the transaction, the chief executive officer owned 72,248,366 shares of the company's stock, valued at approximately $12,829,142,350.62. This trade represents a 0.10% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 3,907,755 shares of company stock worth $633,253,430 in the last ninety days. 4.17% of the stock is currently owned by company insiders.

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.