NVIDIA Corporation $NVDA Position Lessened by HC Advisors LLC

Key Points

• HC Advisors LLC decreased its stake in NVIDIA Corporation by 19.7% during the 1st quarter, holding 6,822 shares currently valued at approximately $739,000.
• Insider activity included EVP Ajay K. Puri and Director Mark A. Stevens selling significant portions of their shares, with Puri selling over 168,000 shares worth nearly $25.7 million.
• NVIDIA reported a quarterly earnings increase with $1.05 EPS, surpassing analysts' expectations, and a revenue of $46.74 billion, reflecting a 55.6% year-over-year growth.

HC Advisors LLC decreased its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 19.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,822 shares of the computer hardware maker's stock after selling 1,669 shares during the period. NVIDIA accounts for 0.6% of HC Advisors LLC's portfolio, making the stock its 26th largest position. HC Advisors LLC's holdings in NVIDIA were worth $739,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in NVDA. High Note Wealth LLC boosted its position in NVIDIA by 0.5% during the first quarter. High Note Wealth LLC now owns 17,873 shares of the computer hardware maker's stock valued at $1,937,000 after purchasing an additional 91 shares during the last quarter. Kelly Financial Services LLC boosted its position in NVIDIA by 2.0% during the first quarter. Kelly Financial Services LLC now owns 4,736 shares of the computer hardware maker's stock valued at $513,000 after purchasing an additional 94 shares during the last quarter. Next Capital Management LLC boosted its position in NVIDIA by 0.8% during the first quarter. Next Capital Management LLC now owns 12,589 shares of the computer hardware maker's stock valued at $1,364,000 after purchasing an additional 94 shares during the last quarter. Mendel Capital Management LLC boosted its position in NVIDIA by 0.8% during the first quarter. Mendel Capital Management LLC now owns 11,871 shares of the computer hardware maker's stock valued at $1,287,000 after purchasing an additional 96 shares during the last quarter. Finally, Affiance Financial LLC boosted its position in NVIDIA by 0.7% during the first quarter. Affiance Financial LLC now owns 13,651 shares of the computer hardware maker's stock valued at $1,479,000 after purchasing an additional 97 shares during the last quarter. Institutional investors own 65.27% of the company's stock.

Insider Activity at NVIDIA

In related news, EVP Ajay K. Puri sold 168,195 shares of the business's stock in a transaction dated Wednesday, June 25th. The stock was sold at an average price of $152.64, for a total transaction of $25,673,284.80. Following the transaction, the executive vice president directly owned 4,018,547 shares in the company, valued at $613,391,014.08. The trade was a 4.02% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Mark A. Stevens sold 608,248 shares of the business's stock in a transaction dated Wednesday, June 18th. The shares were sold at an average price of $145.26, for a total value of $88,354,104.48. Following the transaction, the director owned 8,247,600 shares in the company, valued at $1,198,046,376. This represents a 6.87% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 3,832,755 shares of company stock worth $619,935,680 over the last three months. Company insiders own 4.17% of the company's stock.

NVIDIA Trading Up 3.8%

NVIDIA stock opened at $177.33 on Thursday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.60 and a current ratio of 4.21. The business's 50-day simple moving average is $173.69 and its 200-day simple moving average is $140.91. The firm has a market capitalization of $4.31 trillion, a PE ratio of 50.52, a PEG ratio of 1.24 and a beta of 2.10. NVIDIA Corporation has a 52 week low of $86.62 and a 52 week high of $184.48.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its quarterly earnings data 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 business had revenue of $46.74 billion for the quarter, compared to analyst estimates of $45.65 billion. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The firm's revenue for the quarter was up 55.6% on a year-over-year basis. During the same period in the previous year, the company posted $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. Equities research analysts forecast that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 2nd. Investors of record on Thursday, September 11th will be 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 is Thursday, September 11th. NVIDIA's payout ratio is currently 1.14%.

Analyst Upgrades and Downgrades

NVDA has been the subject of a number of research reports. BNP Paribas raised NVIDIA to a "hold" rating in a research report on Friday, August 1st. DA Davidson raised their target price on NVIDIA from $135.00 to $195.00 and gave the company a "neutral" rating in a report on Thursday, August 28th. TD Cowen raised their target price on NVIDIA from $140.00 to $235.00 and gave the company a "buy" rating in a report on Tuesday, August 19th. Truist Financial raised their target price on NVIDIA from $210.00 to $228.00 and gave the company a "buy" rating in a report on Thursday, August 28th. Finally, Wedbush restated an "outperform" rating and set a $210.00 target price on shares of NVIDIA in a report on Thursday, August 28th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $207.42.

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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