Measured Wealth Private Client Group LLC Sells 1,700 Shares of NVIDIA Corporation $NVDA

Key Points

• Measured Wealth Private Client Group LLC sold 1,700 shares of NVIDIA, reducing its stake by 4.7%, and now holds 34,539 shares valued at approximately $3.74 million.
• NVIDIA recently announced a quarterly dividend of $0.01 per share, reflecting a 0.0% yield and a dividend payout ratio of 1.14%.
• The company reported earnings of $1.05 per share, exceeding estimates, with quarterly revenue up 55.6% year-over-year, totaling $46.74 billion.

Measured Wealth Private Client Group LLC cut its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 4.7% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 34,539 shares of the computer hardware maker's stock after selling 1,700 shares during the quarter. NVIDIA accounts for 1.2% of Measured Wealth Private Client Group LLC's portfolio, making the stock its 17th biggest holding. Measured Wealth Private Client Group LLC's holdings in NVIDIA were worth $3,743,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in NVDA. Kathleen S. Wright Associates Inc. boosted its holdings in 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 in the last quarter. Copia Wealth Management acquired a new stake in NVIDIA during the fourth quarter valued at approximately $50,000. Barnes Dennig Private Wealth Management LLC acquired a new stake in NVIDIA during the first quarter valued at approximately $51,000. Bruce G. Allen Investments LLC boosted its holdings in 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 purchasing an additional 327 shares in the last quarter. Finally, Campbell Capital Management Inc. boosted its holdings in NVIDIA by 5,900.0% during 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 in the last quarter. 65.27% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have weighed in on NVDA. Wedbush reaffirmed an "outperform" rating and set a $210.00 price objective on shares of NVIDIA in a report on Thursday, August 28th. Benchmark lifted their price objective on NVIDIA from $190.00 to $220.00 and gave the company a "buy" rating in a report on Thursday, August 28th. Summit Insights raised NVIDIA from a "hold" rating to a "buy" rating in a report on Thursday, May 29th. Craig Hallum lifted their price objective on NVIDIA from $195.00 to $245.00 and gave the company a "buy" rating in a report on Thursday, August 28th. Finally, Citigroup reduced their target price on NVIDIA from $210.00 to $200.00 and set a "buy" rating on the stock in a report on Monday. Four research analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $207.42.

Insider Buying and Selling

In other NVIDIA news, EVP Ajay K. Puri sold 168,195 shares of the company's stock in a transaction on Wednesday, June 25th. The shares were sold at an average price of $152.64, for a total transaction of $25,673,284.80. Following the completion of the sale, the executive vice president owned 4,018,547 shares in the company, valued at approximately $613,391,014.08. The trade was a 4.02% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Jen Hsun Huang sold 75,000 shares of the company's stock in a transaction on Wednesday, June 25th. The shares were sold at an average price of $152.54, for a total transaction of $11,440,500.00. Following the sale, the chief executive officer owned 75,548,225 shares of the company's stock, valued at $11,524,126,241.50. The trade was a 0.10% decrease in their position. The disclosure for this sale can be found here. Insiders sold 3,832,755 shares of company stock worth $619,935,680 in the last quarter. Insiders own 4.17% of the company's stock.

NVIDIA Price Performance

Shares of NVDA traded up $1.29 on Monday, hitting $168.31. The company's stock had a trading volume of 161,369,820 shares, compared to its average volume of 172,462,880. The company has a market capitalization of $4.09 trillion, a PE ratio of 47.95, a PEG ratio of 1.21 and a beta of 2.10. 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 Corporation has a fifty-two week low of $86.62 and a fifty-two week high of $184.48. The company has a 50 day moving average price of $172.94 and a 200 day moving average price of $140.44.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.04. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The firm had revenue of $46.74 billion during the quarter, compared to analysts' expectations of $45.65 billion. During the same quarter in the previous year, the company posted $0.68 EPS. NVIDIA's revenue was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. On average, research analysts anticipate that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 2nd. Investors of record on Thursday, September 11th will be given a $0.01 dividend. This represents a $0.04 annualized dividend and a yield of 0.0%. The ex-dividend date is Thursday, September 11th. NVIDIA's 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.