NVIDIA Corporation $NVDA is Wealth Effects LLC's Largest Position

Key Points

• Wealth Effects LLC remains heavily invested in NVIDIA Corporation, holding 10.3% of its portfolio in the company after reducing its stake by 3.7% in the second quarter.
• CEO Jen Hsun Huang sold 75,000 shares of NVIDIA stock for approximately $14 million, while other insiders also sold nearly 4 million shares recently.
• NVIDIA's stock is currently rated as a "Moderate Buy" with an average price target of $211, following projections of strong earnings and revenue growth for the current fiscal year.

Wealth Effects LLC lessened its stake in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 3.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 174,685 shares of the computer hardware maker's stock after selling 6,674 shares during the quarter. NVIDIA makes up about 10.3% of Wealth Effects LLC's portfolio, making the stock its biggest position. Wealth Effects LLC's holdings in NVIDIA were worth $27,599,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently made changes to their positions in NVDA. Brighton Jones LLC lifted its position in NVIDIA by 12.4% during the fourth quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker's stock valued at $43,631,000 after acquiring an additional 35,815 shares during the last quarter. Bank Pictet & Cie Europe AG boosted its position in shares of NVIDIA by 1.0% in the 4th quarter. Bank Pictet & Cie Europe AG now owns 2,346,417 shares of the computer hardware maker's stock worth $315,100,000 after purchasing an additional 22,929 shares in the last quarter. Highview Capital Management LLC DE grew its stake in NVIDIA by 6.7% during the 4th quarter. Highview Capital Management LLC DE now owns 58,396 shares of the computer hardware maker's stock worth $7,842,000 after buying an additional 3,653 shares during the last quarter. Hudson Value Partners LLC grew its stake in NVIDIA by 30.7% during the 4th quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker's stock worth $6,805,000 after buying an additional 11,900 shares during the last quarter. Finally, Northstar Financial Companies Inc. acquired a new position in NVIDIA during the 4th quarter valued at about $565,000. 65.27% of the stock is owned by institutional investors.

Insider Buying and Selling at NVIDIA

In related news, CEO Jen Hsun Huang sold 75,000 shares of the company's stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $186.61, for a total transaction of $13,995,750.00. Following the completion of the sale, the chief executive officer owned 71,083,203 shares of the company's stock, valued at approximately $13,264,836,511.83. This represents a 0.11% 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, Director Mark A. Stevens sold 350,000 shares of the firm's stock in a transaction that occurred on Friday, September 19th. The stock was sold at an average price of $176.39, for a total transaction of $61,736,500.00. Following the completion of the transaction, the director directly owned 7,399,803 shares in the company, valued at $1,305,251,251.17. This trade represents a 4.52% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 3,971,893 shares of company stock worth $694,502,352 over the last three months. 4.17% of the stock is owned by corporate insiders.

NVIDIA Trading Down 0.7%

Shares of NVIDIA stock opened at $187.62 on Monday. The company has a current ratio of 4.21, a quick ratio of 3.60 and a debt-to-equity ratio of 0.08. NVIDIA Corporation has a twelve month low of $86.62 and a twelve month high of $191.05. The firm has a market capitalization of $4.56 trillion, a PE ratio of 53.45, a P/E/G ratio of 1.36 and a beta of 2.12. The firm's 50-day moving average price is $178.11 and its 200 day moving average price is $148.57.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, beating analysts' consensus estimates of $1.01 by $0.04. The business had revenue of $46.74 billion during the quarter, compared to analysts' expectations of $45.65 billion. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The business's revenue was up 55.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. On average, sell-side analysts predict that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Announces Dividend

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

Analyst Upgrades and Downgrades

NVDA has been the topic of a number of research analyst reports. Craig Hallum boosted their price target on NVIDIA from $195.00 to $245.00 and gave the stock a "buy" rating in a research note on Thursday, August 28th. Loop Capital boosted their target price on shares of NVIDIA from $175.00 to $250.00 and gave the stock a "buy" rating in a research report on Wednesday, June 25th. Citigroup restated a "buy" rating and set a $210.00 price target (up previously from $200.00) on shares of NVIDIA in a research note on Tuesday, September 30th. New Street Research lifted their price objective on shares of NVIDIA from $200.00 to $235.00 and gave the stock a "buy" rating in a research note on Friday, September 12th. Finally, Wells Fargo & Company upped their target price on NVIDIA from $185.00 to $220.00 and gave the company an "overweight" rating in a research report on Monday, August 11th. Four research analysts have rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, NVIDIA currently has an average rating of "Moderate Buy" and an average price target of $211.00.

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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