Jackson Hole Capital Partners LLC Sells 2,627 Shares of NVIDIA Corporation $NVDA

Key Points

• Jackson Hole Capital Partners LLC reduced its stake in NVIDIA Corporation by 14.2%, selling 2,627 shares, leading to a total of 15,865 shares valued at $1.72 million by the end of the last quarter.
• In a recent insider transaction, EVP Ajay K. Puri sold 168,195 shares worth approximately $25.67 million, while Director Mark A. Stevens sold 935,000 shares valued at about $131.76 million.
• NVIDIA's quarterly earnings showed a revenue increase of 69.2% year-over-year, but the EPS of $0.81 fell short of analysts' expectations by $0.06.

Jackson Hole Capital Partners LLC lowered its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 14.2% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 15,865 shares of the computer hardware maker's stock after selling 2,627 shares during the quarter. Jackson Hole Capital Partners LLC's holdings in NVIDIA were worth $1,719,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Copia Wealth Management purchased a new position in shares of NVIDIA in the fourth quarter worth $50,000. LSV Asset Management bought a new position in NVIDIA during the fourth quarter valued at $54,000. Kathleen S. Wright Associates Inc. boosted its stake in shares of NVIDIA by 169.3% during the first 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 period. Barnes Dennig Private Wealth Management LLC purchased a new stake in shares of NVIDIA during the first quarter valued at $51,000. Finally, Bruce G. Allen Investments LLC lifted its position in shares of NVIDIA by 198.2% during the first quarter. Bruce G. Allen Investments LLC now owns 492 shares of the computer hardware maker's stock valued at $53,000 after buying an additional 327 shares during the last quarter. Hedge funds and other institutional investors own 65.27% of the company's stock.

Insider Transactions at NVIDIA

In related news, EVP Ajay K. Puri sold 168,195 shares of the firm's stock in a transaction that occurred on Wednesday, June 25th. The stock was sold at an average price of $152.64, for a total value of $25,673,284.80. Following the sale, the executive vice president owned 4,018,547 shares of the company's stock, valued at approximately $613,391,014.08. This trade represents a 4.02% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Mark A. Stevens sold 935,000 shares of the firm's stock in a transaction that occurred on Tuesday, June 3rd. The stock was sold at an average price of $140.92, for a total value of $131,760,200.00. Following the completion of the sale, the director directly owned 9,214,697 shares in the company, valued at approximately $1,298,535,101.24. This trade represents a 9.21% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 5,912,440 shares of company stock worth $902,886,782. 4.17% of the stock is currently owned by corporate insiders.

NVIDIA Trading Up 1.7%

Shares of NVDA opened at $177.99 on Friday. The company has a market capitalization of $4.34 trillion, a P/E ratio of 57.42, a P/E/G ratio of 1.54 and a beta of 2.14. NVIDIA Corporation has a one year low of $86.62 and a one year high of $184.48. The company has a debt-to-equity ratio of 0.10, a quick ratio of 2.96 and a current ratio of 3.39. The stock has a 50-day moving average price of $167.35 and a 200 day moving average price of $137.31.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its quarterly earnings results on Wednesday, May 28th. The computer hardware maker reported $0.81 EPS for the quarter, missing analysts' consensus estimates of $0.87 by ($0.06). NVIDIA had a net margin of 51.69% and a return on equity of 105.09%. The business had revenue of $44.06 billion during the quarter, compared to analysts' expectations of $43.09 billion. During the same period in the prior year, the company posted $0.61 EPS. The company's revenue for the quarter was up 69.2% on a year-over-year basis. NVIDIA has set its Q2 2026 guidance at EPS. Sell-side analysts forecast that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, July 3rd. Shareholders of record on Wednesday, June 11th were issued a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. The ex-dividend date of this dividend was Wednesday, June 11th. NVIDIA's dividend payout ratio (DPR) is currently 1.29%.

Analyst Ratings Changes

Several brokerages recently weighed in on NVDA. Summit Insights upgraded shares of NVIDIA from a "hold" rating to a "buy" rating in a report on Thursday, May 29th. Arete Research raised NVIDIA to a "strong-buy" rating in a research note on Wednesday, May 21st. Loop Capital raised their target price on NVIDIA from $175.00 to $250.00 and gave the stock a "buy" rating in a research note on Wednesday, June 25th. Phillip Securities raised NVIDIA from a "moderate buy" rating to a "strong-buy" rating in a research report on Monday, July 14th. Finally, UBS Group lifted their price objective on NVIDIA from $175.00 to $205.00 and gave the company a "buy" rating in a research note on Thursday. Four research analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, NVIDIA presently has an average rating of "Moderate Buy" and a consensus target price of $192.44.

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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