Jeppson Wealth Management LLC Sells 3,104 Shares of NVIDIA Corporation $NVDA

Key Points

• Jeppson Wealth Management LLC reduced its NVIDIA holdings by 3.6%, selling 3,104 shares during the second quarter, now owning a total of 83,291 shares valued at approximately $13.16 million.
• Insider sales included 350,000 shares sold by Director Mark A. Stevens and 75,000 shares sold by CEO Jen Hsun Huang, indicating a decrease in their respective positions.
• NVIDIA's stock opened at $185.54 with a market cap of $4.51 trillion and a recent quarterly earnings report indicated a 55.6% year-over-year revenue increase.

Jeppson Wealth Management LLC trimmed its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 3.6% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 83,291 shares of the computer hardware maker's stock after selling 3,104 shares during the period. NVIDIA makes up approximately 4.6% of Jeppson Wealth Management LLC's investment portfolio, making the stock its 3rd largest holding. Jeppson Wealth Management LLC's holdings in NVIDIA were worth $13,159,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the business. Kingstone Capital Partners Texas LLC increased its holdings in shares of NVIDIA by 267,959.7% during 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 increased its holdings in shares of NVIDIA by 2.9% during 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. increased its holdings in shares of NVIDIA by 123.5% during 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 position in shares of NVIDIA during the first quarter valued at $15,089,414,000. Finally, Amundi increased its holdings in shares of NVIDIA by 16.0% during the first quarter. Amundi now owns 135,770,043 shares of the computer hardware maker's stock valued at $13,826,199,000 after purchasing an additional 18,733,431 shares during the period. 65.27% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at NVIDIA

In other news, Director Mark A. Stevens sold 350,000 shares of the firm's stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $176.39, for a total transaction of $61,736,500.00. Following the completion of the sale, the director directly owned 7,399,803 shares of the company's stock, valued at $1,305,251,251.17. This trade represents a 4.52% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Jen Hsun Huang sold 75,000 shares of the firm's stock in a transaction dated Wednesday, October 1st. The stock was sold at an average price of $186.61, for a total value of $13,995,750.00. Following the sale, the chief executive officer directly owned 71,083,203 shares of the company's stock, valued at $13,264,836,511.83. This trade represents a 0.11% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 3,921,593 shares of company stock valued at $686,502,137 over the last 90 days. Company insiders own 4.17% of the company's stock.

NVIDIA Stock Down 1.1%

Shares of NVIDIA stock opened at $185.54 on Tuesday. The stock has a 50-day moving average price of $178.29 and a 200 day moving average price of $149.05. The company has a market cap of $4.51 trillion, a P/E ratio of 52.86, a P/E/G ratio of 1.36 and a beta of 2.12. The company has a current ratio of 4.21, a quick ratio of 3.60 and a debt-to-equity ratio of 0.08. NVIDIA Corporation has a 1 year low of $86.62 and a 1 year high of $191.05.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its quarterly earnings data 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. The firm had revenue of $46.74 billion during 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 business's revenue for the quarter was up 55.6% on a year-over-year basis. During the same period in the prior year, the business earned $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. As a group, analysts expect that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th were paid a dividend of $0.01 per share. The ex-dividend date of this dividend was 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 (DPR) is 1.14%.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on NVDA. UBS Group reaffirmed a "buy" rating on shares of NVIDIA in a research note on Tuesday, September 23rd. TD Cowen raised their target price on NVIDIA from $140.00 to $235.00 and gave the company a "buy" rating in a research note on Tuesday, August 19th. Wedbush reaffirmed an "outperform" rating and set a $210.00 target price on shares of NVIDIA in a research note on Thursday, August 28th. Cantor Fitzgerald reaffirmed an "overweight" rating and set a $240.00 target price on shares of NVIDIA in a research note on Friday. Finally, KeyCorp reaffirmed an "overweight" rating and set a $250.00 target price (up previously from $230.00) on shares of NVIDIA in a research note on Tuesday, September 30th. Four research analysts have rated the stock with a Strong Buy rating, thirty-seven have given a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, NVIDIA presently has an average rating of "Moderate Buy" and a consensus target price of $211.26.

NVIDIA 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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