NVIDIA Corporation $NVDA is Eads & Heald Wealth Management's Largest Position

Eads & Heald Wealth Management decreased its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 7.9% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 45,264 shares of the computer hardware maker's stock after selling 3,881 shares during the quarter. NVIDIA makes up about 3.5% of Eads & Heald Wealth Management's holdings, making the stock its biggest position. Eads & Heald Wealth Management's holdings in NVIDIA were worth $7,151,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Legend Financial Advisors Inc. purchased a new stake in NVIDIA in the 2nd quarter worth approximately $55,000. Kathleen S. Wright Associates Inc. raised its holdings 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 purchasing an additional 254 shares in the last quarter. Westend Capital Management LLC raised its holdings in shares of NVIDIA by 46.8% during the 2nd quarter. Westend Capital Management LLC now owns 455 shares of the computer hardware maker's stock valued at $72,000 after purchasing an additional 145 shares in the last quarter. Barnes Dennig Private Wealth Management LLC bought a new position in shares of NVIDIA during the 1st quarter valued at $51,000. Finally, Campbell Capital Management Inc. raised its holdings 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 purchasing an additional 590 shares in the last quarter. Hedge funds and other institutional investors own 65.27% of the company's stock.

Insider Activity

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

Wall Street Analysts Forecast Growth

NVDA has been the topic of a number of recent research reports. Craig Hallum raised their price target on shares of NVIDIA from $195.00 to $245.00 and gave the company a "buy" rating in a report on Thursday, August 28th. Wolfe Research raised their price target on shares of NVIDIA from $220.00 to $230.00 in a report on Tuesday, September 23rd. BNP Paribas upgraded shares of NVIDIA to a "hold" rating in a report on Friday, August 1st. Wedbush restated an "outperform" rating and set a $210.00 price target on shares of NVIDIA in a report on Thursday, August 28th. Finally, Benchmark raised their price target on shares of NVIDIA from $190.00 to $220.00 and gave the company a "buy" rating in a report on Thursday, August 28th. Five investment analysts have rated the stock with a Strong Buy rating, forty have given a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, NVIDIA has an average rating of "Buy" and a consensus price target of $222.23.

NVIDIA Stock Performance

NASDAQ NVDA opened at $186.26 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 capitalization of $4.53 trillion, a price-to-earnings ratio of 53.07, a P/E/G ratio of 1.31 and a beta of 2.12. The company's fifty day moving average is $179.46 and its two-hundred day moving average is $155.82. NVIDIA Corporation has a 52-week low of $86.62 and a 52-week high of $195.62.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share for the quarter, beating 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 business had revenue of $46.74 billion for the quarter, compared to analyst estimates of $45.65 billion. During the same period in the previous year, the business earned $0.68 EPS. The firm's revenue was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. Equities research analysts forecast that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Announces Dividend

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

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