D. Scott Neal Inc. Has $1.60 Million Stock Holdings in NVIDIA Corporation $NVDA

Key Points

• D. Scott Neal Inc. reduced its stake in NVIDIA Corporation by 27.6%, holding 10,122 shares valued at approximately $1.60 million, making it the firm’s 18th largest position.
• Analysts maintain a generally positive outlook on NVIDIA, with a consensus rating of "Moderate Buy" and a price target of $208.47, supported by several firms upgrading their ratings.
• Insider activity includes significant stock sales by Director Mark A. Stevens and CFO Colette Kress, with combined shares sold valued around $58 million.

D. Scott Neal Inc. lowered its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 27.6% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 10,122 shares of the computer hardware maker's stock after selling 3,853 shares during the quarter. NVIDIA makes up approximately 0.8% of D. Scott Neal Inc.'s investment portfolio, making the stock its 18th largest position. D. Scott Neal Inc.'s holdings in NVIDIA were worth $1,599,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the stock. Copia Wealth Management acquired a new stake in shares of NVIDIA in the fourth quarter valued at approximately $50,000. Kathleen S. Wright Associates Inc. lifted its holdings in NVIDIA by 169.3% during the 1st quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker's stock valued at $44,000 after purchasing an additional 254 shares during the last quarter. Barnes Dennig Private Wealth Management LLC bought a new position in NVIDIA during the first quarter worth $51,000. Bruce G. Allen Investments LLC increased its holdings in shares of NVIDIA by 198.2% in the first quarter. Bruce G. Allen Investments LLC now owns 492 shares of the computer hardware maker's stock valued at $53,000 after purchasing an additional 327 shares during the last quarter. Finally, Campbell Capital Management Inc. raised its position in shares of NVIDIA by 5,900.0% in the first quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker's stock valued at $65,000 after purchasing an additional 590 shares during the period. 65.27% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several analysts recently commented on the stock. Jefferies Financial Group reaffirmed a "buy" rating on shares of NVIDIA in a report on Friday, September 12th. Oppenheimer restated an "outperform" rating and set a $225.00 price objective (up previously from $200.00) on shares of NVIDIA in a report on Thursday, August 28th. BNP Paribas raised NVIDIA to a "hold" rating in a research report on Friday, August 1st. Wedbush restated an "outperform" rating and issued a $210.00 price target on shares of NVIDIA in a research note on Thursday, August 28th. Finally, DA Davidson raised NVIDIA from a "neutral" rating to a "buy" rating and upped their price objective for the company from $195.00 to $210.00 in a report on Thursday, September 11th. Four research 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 given a Sell rating to the company. According to MarketBeat.com, NVIDIA has a consensus rating of "Moderate Buy" and a consensus price target of $208.47.

Insider Activity at NVIDIA

In related news, Director Mark A. Stevens sold 297,797 shares of NVIDIA stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $178.19, for a total transaction of $53,064,447.43. Following the sale, the director directly owned 7,749,803 shares of the company's stock, valued at approximately $1,380,937,396.57. The trade was a 3.70% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Colette Kress sold 30,500 shares of the stock in a transaction that occurred on Friday, September 19th. The shares were sold at an average price of $176.40, for a total transaction of $5,380,200.00. Following the completion of the transaction, the chief financial officer directly owned 2,883,402 shares of the company's stock, valued at approximately $508,632,112.80. The trade was a 1.05% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 4,020,022 shares of company stock valued at $677,418,500. 4.17% of the stock is currently owned by company insiders.

NVIDIA Stock Up 0.2%

NASDAQ NVDA opened at $176.67 on Friday. The business has a fifty day moving average price of $175.73 and a two-hundred day moving average price of $143.44. The stock has a market capitalization of $4.29 trillion, a PE ratio of 50.33, a PEG ratio of 1.27 and a beta of 2.10. NVIDIA Corporation has a fifty-two week low of $86.62 and a fifty-two week high of $184.48. 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 - 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, beating 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 company had revenue of $46.74 billion for the quarter, compared to analyst estimates of $45.65 billion. During the same quarter last year, the company posted $0.68 EPS. The company's revenue for the quarter was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. Equities analysts expect that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th will be issued 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%.

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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