NVIDIA Corporation $NVDA Holdings Cut by Builder Investment Group Inc. ADV

Key Points

• Builder Investment Group Inc. ADV reduced its stake in NVIDIA Corporation by 0.9% in Q2, completing the quarter with 839,178 shares valued at approximately $132.58 million.
• CEO Jen Hsun Huang sold 75,000 shares of NVIDIA stock for $14.27 million, while CFO Colette Kress sold 30,500 shares worth $5.38 million.
• Analysts show a positive outlook for NVIDIA, raising price targets, with the consensus rating at "Moderate Buy" and an average price target of $212.84.

Builder Investment Group Inc. ADV cut its position in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 0.9% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 839,178 shares of the computer hardware maker's stock after selling 7,997 shares during the quarter. NVIDIA comprises 32.8% of Builder Investment Group Inc. ADV's investment portfolio, making the stock its biggest position. Builder Investment Group Inc. ADV's holdings in NVIDIA were worth $132,582,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of NVDA. Kathleen S. Wright Associates Inc. raised its position in shares of NVIDIA by 169.3% during the 1st quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker's stock valued at $44,000 after buying an additional 254 shares in the last quarter. Barnes Dennig Private Wealth Management LLC purchased a new stake in shares of NVIDIA during the 1st quarter valued at $51,000. Bruce G. Allen Investments LLC raised its position in shares of NVIDIA by 198.2% during the 1st 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 in the last quarter. Legend Financial Advisors Inc. purchased a new stake in shares of NVIDIA during the 2nd quarter valued at $55,000. Finally, Campbell Capital Management Inc. raised its position in shares of NVIDIA by 5,900.0% during the 1st quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker's stock valued at $65,000 after buying an additional 590 shares in the last quarter. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, CEO Jen Hsun Huang sold 75,000 shares of the firm's stock in a transaction dated Friday, October 10th. The shares were sold at an average price of $190.20, for a total value of $14,265,000.00. Following the completion of the sale, the chief executive officer directly owned 70,558,203 shares of the company's stock, valued at approximately $13,420,170,210.60. This trade represents a 0.11% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Colette Kress sold 30,500 shares of NVIDIA stock in a transaction dated Friday, September 19th. The shares were sold at an average price of $176.40, for a total transaction of $5,380,200.00. Following the transaction, the chief financial officer directly owned 2,883,402 shares of the company's stock, valued at approximately $508,632,112.80. This trade represents a 1.05% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 3,925,379 shares of company stock valued at $694,277,421. Corporate insiders own 4.17% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. Robert W. Baird raised their price objective on shares of NVIDIA from $195.00 to $225.00 and gave the company an "outperform" rating in a research report on Monday, August 25th. Barclays restated an "overweight" rating and set a $240.00 price objective (up previously from $200.00) on shares of NVIDIA in a research report on Monday, September 22nd. Craig Hallum increased their target price on shares of NVIDIA from $195.00 to $245.00 and gave the company a "buy" rating in a report on Thursday, August 28th. Morgan Stanley increased their target price on shares of NVIDIA from $206.00 to $210.00 and gave the company an "overweight" rating in a report on Thursday, August 28th. Finally, Citigroup reaffirmed a "buy" rating and set a $210.00 target price (up previously from $200.00) on shares of NVIDIA in a report on Tuesday, September 30th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $212.84.

NVIDIA Price Performance

Shares of NVIDIA stock opened at $183.16 on Friday. The firm has a market cap of $4.45 trillion, a PE ratio of 52.18, a price-to-earnings-growth ratio of 1.39 and a beta of 2.12. NVIDIA Corporation has a 12-month low of $86.62 and a 12-month high of $195.62. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08. The company's fifty day simple moving average is $179.16 and its two-hundred day simple moving average is $150.49.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted 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. 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 period last year, the company posted $0.68 EPS. The company's quarterly 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 analysts expect that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Announces Dividend

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

NVIDIA Company 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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