JSF Financial LLC Cuts Holdings in NVIDIA Corporation $NVDA

Key Points

• JSF Financial LLC has reduced its holdings in NVIDIA Corporation by 13.7% during the second quarter, leaving them with 53,548 shares valued at approximately $8.46 million.
• Recent institutional movements include Brighton Jones LLC increasing its NVIDIA stake by 12.4%, now owning 324,901 shares valued at $43.63 million.
• Analysts hold a positive outlook on NVIDIA, with an average price target of $222.23 and 5 analysts rating it a Strong Buy.

JSF Financial LLC reduced its holdings in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 13.7% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 53,548 shares of the computer hardware maker's stock after selling 8,470 shares during the quarter. NVIDIA comprises 2.0% of JSF Financial LLC's investment portfolio, making the stock its 11th biggest holding. JSF Financial LLC's holdings in NVIDIA were worth $8,460,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC boosted its holdings in NVIDIA by 12.4% during the fourth quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker's stock worth $43,631,000 after buying an additional 35,815 shares in the last quarter. Bank Pictet & Cie Europe AG increased its holdings in NVIDIA by 1.0% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 2,346,417 shares of the computer hardware maker's stock valued at $315,100,000 after buying an additional 22,929 shares in the last quarter. Highview Capital Management LLC DE lifted its position in shares of NVIDIA by 6.7% during 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 during the period. Hudson Value Partners LLC boosted its stake in shares of NVIDIA by 30.7% during the 4th quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker's stock worth $6,805,000 after acquiring an additional 11,900 shares in the last quarter. Finally, Wealth Group Ltd. grew its holdings in shares of NVIDIA by 15.7% in the 1st quarter. Wealth Group Ltd. now owns 6,598 shares of the computer hardware maker's stock worth $715,000 after acquiring an additional 896 shares during the period. Institutional investors and hedge funds own 65.27% of the company's stock.

Insider Transactions at NVIDIA

In related news, CEO Jen Hsun Huang sold 75,000 shares of the firm's stock in a transaction that occurred on Wednesday, October 22nd. The shares were sold at an average price of $179.91, for a total value of $13,493,250.00. Following the sale, the chief executive officer directly owned 69,958,203 shares of the company's stock, valued at approximately $12,586,180,301.73. This trade represents a 0.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Colette Kress sold 27,640 shares of the company's stock in a transaction that occurred on Tuesday, October 21st. The stock was sold at an average price of $181.42, for a total transaction of $5,014,448.80. Following the transaction, the chief financial officer directly owned 2,855,762 shares of the company's stock, valued at $518,092,342.04. This trade represents a 0.96% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 3,801,577 shares of company stock worth $678,643,875. 4.17% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. Cantor Fitzgerald set a $300.00 price objective on NVIDIA and gave the stock an "overweight" rating in a report on Thursday, October 9th. TD Cowen raised their price target on NVIDIA from $140.00 to $235.00 and gave the company a "buy" rating in a research report on Tuesday, August 19th. Barclays reiterated an "overweight" rating and issued a $240.00 price objective (up from $200.00) on shares of NVIDIA in a research report on Monday, September 22nd. DA Davidson upgraded shares of NVIDIA from a "neutral" rating to a "buy" rating and raised their target price for the company from $195.00 to $210.00 in a report on Thursday, September 11th. Finally, Truist Financial lifted their target price on shares of NVIDIA from $210.00 to $228.00 and gave the stock a "buy" rating in a research report on Thursday, August 28th. Five analysts have rated the stock with a Strong Buy rating, forty have assigned a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Buy" and a consensus price target of $222.23.

NVIDIA Stock Performance

NASDAQ:NVDA opened at $182.16 on Friday. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.21 and a quick ratio of 3.60. The firm has a market cap of $4.43 trillion, a PE ratio of 51.90, a P/E/G ratio of 1.30 and a beta of 2.12. The firm has a 50 day simple moving average of $179.35 and a 200-day simple moving average of $155.20. NVIDIA Corporation has a 1-year low of $86.62 and a 1-year high of $195.62.

NVIDIA (NASDAQ:NVDA - Get Free Report) last released its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 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 analysts' expectations of $45.65 billion. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. NVIDIA's revenue for the quarter was up 55.6% on a year-over-year basis. During the same period in the previous year, the company earned $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. On average, equities analysts expect that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 2nd. Investors of record on Thursday, September 11th were given a dividend of $0.01 per share. The ex-dividend date was Thursday, September 11th. This represents a $0.04 annualized dividend and a yield of 0.0%. NVIDIA's dividend payout ratio is 1.14%.

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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