NVIDIA Corporation $NVDA is Kercheville Advisors LLC's 6th Largest Position

Key Points

• Kercheville Advisors LLC reduced its stake in NVIDIA by 10.9% in the second quarter, with approximately 4.4% of its holdings in NVIDIA valued at $12.9 million at the end of the quarter.
• NVIDIA reported a $1.05 EPS for the latest quarter, exceeding analysts' expectations, and its revenue increased by 55.6% year-over-year to $46.74 billion.
• The company recently declared a quarterly dividend of $0.01 per share, representing an annualized yield of 0.0%, with an insider selling activity involving significant shares by both the CEO and a director.

Kercheville Advisors LLC lowered its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 10.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 81,379 shares of the computer hardware maker's stock after selling 9,995 shares during the period. NVIDIA comprises approximately 4.4% of Kercheville Advisors LLC's holdings, making the stock its 6th largest holding. Kercheville Advisors LLC's holdings in NVIDIA were worth $12,857,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the business. Astoria Portfolio Advisors LLC. lifted its position in shares of NVIDIA by 0.9% in the 1st quarter. Astoria Portfolio Advisors LLC. now owns 93,568 shares of the computer hardware maker's stock worth $9,610,000 after purchasing an additional 864 shares during the period. Centerpoint Advisory Group raised its stake in NVIDIA by 2.5% in the first quarter. Centerpoint Advisory Group now owns 39,398 shares of the computer hardware maker's stock worth $4,270,000 after buying an additional 943 shares in the last quarter. GSB Wealth Management LLC lifted its holdings in NVIDIA by 3.3% during the first quarter. GSB Wealth Management LLC now owns 32,611 shares of the computer hardware maker's stock worth $3,534,000 after buying an additional 1,043 shares during the period. Variant Private Wealth LLC lifted its holdings in NVIDIA by 20.6% during the first quarter. Variant Private Wealth LLC now owns 18,800 shares of the computer hardware maker's stock worth $2,038,000 after buying an additional 3,206 shares during the period. Finally, Financial Perspectives Inc boosted its position in NVIDIA by 2.8% during the 1st quarter. Financial Perspectives Inc now owns 45,958 shares of the computer hardware maker's stock valued at $4,981,000 after acquiring an additional 1,265 shares in the last quarter. 65.27% of the stock is owned by hedge funds and other institutional investors.

NVIDIA Stock Performance

NVDA opened at $182.16 on Friday. The company has a market cap of $4.43 trillion, a P/E ratio of 51.90, a price-to-earnings-growth ratio of 1.30 and a beta of 2.12. 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 firm's 50-day moving average price is $179.35 and its 200-day moving average price is $155.20. 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 released its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, topping analysts' consensus estimates of $1.01 by $0.04. The company 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 last year, the business earned $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. As a group, equities analysts anticipate that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th were issued 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 payout ratio is 1.14%.

Insider Activity at NVIDIA

In other NVIDIA news, CEO Jen Hsun Huang sold 75,000 shares of the business's stock in a transaction dated Monday, August 4th. The stock was sold at an average price of $178.16, for a total transaction of $13,362,000.00. Following the sale, the chief executive officer owned 73,523,225 shares in the company, valued at approximately $13,098,897,766. The trade was a 0.10% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Harvey C. Jones sold 250,000 shares of the stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $176.21, for a total value of $44,052,500.00. Following the completion of the transaction, the director directly owned 7,183,280 shares in the company, valued at $1,265,765,768.80. This represents a 3.36% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 3,801,577 shares of company stock valued at $678,643,875 in the last ninety days. Company insiders own 4.17% of the company's stock.

Wall Street Analysts Forecast Growth

NVDA has been the subject of several recent research reports. Wall Street Zen raised NVIDIA from a "hold" rating to a "buy" rating in a research report on Sunday, October 19th. Craig Hallum lifted their target price on NVIDIA from $195.00 to $245.00 and gave the company a "buy" rating in a research note on Thursday, August 28th. Hsbc Global Res upgraded shares of NVIDIA from a "hold" rating to a "strong-buy" rating in a report on Wednesday, October 15th. Barclays restated an "overweight" rating and issued a $240.00 price target (up from $200.00) on shares of NVIDIA in a report on Monday, September 22nd. Finally, UBS Group set a $320.00 price objective on shares of NVIDIA in a research report on Wednesday, October 15th. Five equities research analysts have rated the stock with a Strong Buy rating, forty have issued a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, NVIDIA has an average rating of "Buy" and a consensus target price of $222.23.

About NVIDIA

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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