Fermata Advisors LLC Sells 10,608 Shares of NVIDIA Corporation $NVDA

Key Points

• Fermata Advisors LLC reduced its holdings in NVIDIA by 35.1%, selling 10,608 shares during the second quarter, leaving them with 19,643 shares valued at approximately $3,103,000.
• Several institutional investors increased their positions in NVIDIA, with notable increases from Astoria Portfolio Advisors LLC and Variant Private Wealth LLC, indicating strong institutional support for the stock.
• NVIDIA posted strong quarterly earnings, with $1.05 earnings per share, surpassing estimates and reporting a 55.6% revenue increase year-over-year.

Fermata Advisors LLC trimmed its position in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 35.1% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 19,643 shares of the computer hardware maker's stock after selling 10,608 shares during the period. Fermata Advisors LLC's holdings in NVIDIA were worth $3,103,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of NVDA. Astoria Portfolio Advisors LLC. grew its position in NVIDIA by 0.9% during the first quarter. Astoria Portfolio Advisors LLC. now owns 93,568 shares of the computer hardware maker's stock valued at $9,610,000 after buying an additional 864 shares during the period. Centerpoint Advisory Group grew its position in shares of NVIDIA by 2.5% during the 1st quarter. Centerpoint Advisory Group now owns 39,398 shares of the computer hardware maker's stock valued at $4,270,000 after acquiring an additional 943 shares during the period. GSB Wealth Management LLC grew its position in shares of NVIDIA by 3.3% during the 1st quarter. GSB Wealth Management LLC now owns 32,611 shares of the computer hardware maker's stock valued at $3,534,000 after acquiring an additional 1,043 shares during the period. Variant Private Wealth LLC grew its position in shares of NVIDIA by 20.6% during the 1st quarter. Variant Private Wealth LLC now owns 18,800 shares of the computer hardware maker's stock valued at $2,038,000 after acquiring an additional 3,206 shares during the period. Finally, Financial Perspectives Inc grew its position in shares of NVIDIA by 2.8% during the 1st quarter. Financial Perspectives Inc now owns 45,958 shares of the computer hardware maker's stock valued at $4,981,000 after acquiring an additional 1,265 shares during the period. 65.27% of the stock is owned by institutional investors.

Insider Transactions at NVIDIA

In other news, Director Mark A. Stevens sold 297,797 shares of the business's stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $178.19, for a total value of $53,064,447.43. Following the completion of the sale, the director directly owned 7,749,803 shares in the company, valued at approximately $1,380,937,396.57. The trade was a 3.70% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Jen Hsun Huang sold 75,000 shares of the business's stock in a transaction on Friday, September 19th. The stock was sold at an average price of $176.42, for a total transaction of $13,231,500.00. Following the completion of the sale, the chief executive officer directly owned 71,683,203 shares of the company's stock, valued at $12,646,350,673.26. This represents a 0.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 4,109,874 shares of company stock worth $698,280,697. Corporate insiders own 4.17% of the company's stock.

NVIDIA Stock Performance

NASDAQ NVDA opened at $183.61 on Tuesday. 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 company has a fifty day moving average of $176.12 and a 200-day moving average of $144.35. NVIDIA Corporation has a 52-week low of $86.62 and a 52-week high of $184.55. The company has a market capitalization of $4.46 trillion, a P/E ratio of 52.31, a P/E/G ratio of 1.28 and a beta of 2.10.

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. As a group, equities research analysts predict that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Dividend Announcement

The firm also recently disclosed 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. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.0%. The ex-dividend date is Thursday, September 11th. NVIDIA's payout ratio is presently 1.14%.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on NVDA. Loop Capital increased their price objective on NVIDIA from $175.00 to $250.00 and gave the company a "buy" rating in a report on Wednesday, June 25th. Morgan Stanley increased their price target on NVIDIA from $206.00 to $210.00 and gave the stock an "overweight" rating in a research note on Thursday, August 28th. Stifel Nicolaus increased their price target on NVIDIA from $202.00 to $212.00 and gave the stock a "buy" rating in a research note on Monday, August 25th. Jefferies Financial Group reiterated a "buy" rating on shares of NVIDIA in a research report on Friday, September 12th. Finally, Robert W. Baird increased their target price on shares of NVIDIA from $195.00 to $225.00 and gave the stock an "outperform" rating in a research report on Monday, August 25th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-six have issued a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $208.47.

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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