NVIDIA Corporation $NVDA is Newman Dignan & Sheerar Inc.'s 10th Largest Position

Key Points

• Newman Dignan & Sheerar Inc. reduced its holdings in NVIDIA Corp. by 11.2% in the second quarter, owning 60,009 shares valued at about $9.48 million, making NVIDIA its 10th largest position.
• Several institutional investors increased their stakes in NVIDIA, with Variant Private Wealth LLC raising its position by 20.6%, now holding shares valued at approximately $2.04 million.
• NVIDIA reported a strong earnings performance, with a quarterly revenue of $46.74 billion, surpassing expectations and reflecting a 55.6% increase from the previous year.

Newman Dignan & Sheerar Inc. reduced its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 11.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 60,009 shares of the computer hardware maker's stock after selling 7,589 shares during the period. NVIDIA accounts for about 2.2% of Newman Dignan & Sheerar Inc.'s investment portfolio, making the stock its 10th largest holding. Newman Dignan & Sheerar Inc.'s holdings in NVIDIA were worth $9,481,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Astoria Portfolio Advisors LLC. lifted its position in NVIDIA by 0.9% during the 1st quarter. Astoria Portfolio Advisors LLC. now owns 93,568 shares of the computer hardware maker's stock valued at $9,610,000 after acquiring an additional 864 shares during the period. Centerpoint Advisory Group lifted its position in NVIDIA by 2.5% during the 1st quarter. Centerpoint Advisory Group now owns 39,398 shares of the computer hardware maker's stock valued at $4,270,000 after acquiring an additional 943 shares during the period. GSB Wealth Management LLC lifted its position in NVIDIA by 3.3% during the 1st quarter. GSB Wealth Management LLC now owns 32,611 shares of the computer hardware maker's stock valued at $3,534,000 after acquiring an additional 1,043 shares during the period. Variant Private Wealth LLC lifted its position in NVIDIA by 20.6% during the 1st quarter. Variant Private Wealth LLC now owns 18,800 shares of the computer hardware maker's stock valued at $2,038,000 after acquiring an additional 3,206 shares during the period. Finally, Financial Perspectives Inc increased its stake 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 purchasing an additional 1,265 shares in the last quarter. 65.27% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

NVDA has been the subject of a number of analyst reports. BNP Paribas upgraded shares of NVIDIA to a "hold" rating in a research note on Friday, August 1st. Arete raised their price objective on shares of NVIDIA from $235.00 to $244.00 and gave the company a "buy" rating in a research note on Tuesday. TD Cowen raised their price objective on shares of NVIDIA from $140.00 to $235.00 and gave the company a "buy" rating in a research note on Tuesday, August 19th. HSBC set a $320.00 price objective on shares of NVIDIA and gave the company a "buy" rating in a research note on Wednesday. Finally, Wall Street Zen lowered shares of NVIDIA from a "buy" rating to a "hold" rating in a research note on Saturday, October 11th. Five equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, NVIDIA has a consensus rating of "Buy" and a consensus target price of $222.23.

NVIDIA Price Performance

Shares of NASDAQ:NVDA opened at $183.22 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. NVIDIA Corporation has a 1-year low of $86.62 and a 1-year high of $195.62. The company has a market capitalization of $4.45 trillion, a P/E ratio of 52.20, a P/E/G ratio of 1.31 and a beta of 2.12. The firm's 50 day simple moving average is $179.40 and its two-hundred day simple moving average is $152.97.

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. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The firm had revenue of $46.74 billion for the quarter, compared to the consensus estimate of $45.65 billion. During the same quarter in the previous year, the firm earned $0.68 earnings per share. 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. Research analysts expect that NVIDIA Corporation will post 2.77 EPS for the current fiscal 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 issued 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 payout ratio is 1.14%.

Insider Transactions at NVIDIA

In other news, Director Mark A. Stevens sold 350,000 shares of the business's stock in a transaction on Friday, September 19th. The shares were sold at an average price of $176.39, for a total value of $61,736,500.00. Following the transaction, the director owned 7,399,803 shares of the company's stock, valued at approximately $1,305,251,251.17. The trade was a 4.52% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Jen Hsun Huang sold 75,000 shares of the business's stock in a transaction on 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 completion of the transaction, the chief executive officer directly owned 73,523,225 shares in the company, valued at $13,098,897,766. This trade represents a 0.10% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 3,753,937 shares of company stock valued at $667,769,026. 4.17% of the stock is currently owned by corporate insiders.

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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