NVIDIA Corporation $NVDA Shares Sold by Brave Asset Management Inc.

Key Points

• Brave Asset Management Inc. reduced its stake in NVIDIA Corporation by 15.2%, now owning 14,684 shares valued at approximately $2.32 million.
• Several institutional investors have increased their positions in NVIDIA, with Brighton Jones LLC increasing its stake by 12.4%, now owning over 324,000 shares.
• Wall Street analysts maintain a positive outlook on NVIDIA, with four analysts rating it as a Strong Buy and a consensus price target of $211.26.

Brave Asset Management Inc. decreased its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 15.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,684 shares of the computer hardware maker's stock after selling 2,623 shares during the period. NVIDIA makes up 0.6% of Brave Asset Management Inc.'s portfolio, making the stock its 21st biggest position. Brave Asset Management Inc.'s holdings in NVIDIA were worth $2,320,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of NVDA. Brighton Jones LLC lifted its position in shares of NVIDIA by 12.4% during the 4th 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 raised its holdings in NVIDIA by 1.0% during the fourth quarter. Bank Pictet & Cie Europe AG now owns 2,346,417 shares of the computer hardware maker's stock valued at $315,100,000 after buying an additional 22,929 shares in the last quarter. Highview Capital Management LLC DE increased its stake in shares of NVIDIA by 6.7% in the fourth quarter. Highview Capital Management LLC DE now owns 58,396 shares of the computer hardware maker's stock worth $7,842,000 after purchasing an additional 3,653 shares during the period. Hudson Value Partners LLC boosted its position in shares of NVIDIA by 30.7% in the fourth quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker's stock valued at $6,805,000 after acquiring an additional 11,900 shares during the period. Finally, Kings Path Partners LLC grew its position in NVIDIA by 1,000.0% during the first quarter. Kings Path Partners LLC now owns 11,000 shares of the computer hardware maker's stock worth $1,192,000 after buying an additional 10,000 shares in the last quarter. Institutional investors and hedge funds own 65.27% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the stock. Piper Sandler set a $225.00 target price on shares of NVIDIA and gave the company an "overweight" rating in a research note on Wednesday, August 13th. Jefferies Financial Group reissued a "buy" rating and issued a $220.00 price target (up previously from $205.00) on shares of NVIDIA in a report on Monday, September 29th. Wells Fargo & Company upped their target price on shares of NVIDIA from $185.00 to $220.00 and gave the stock an "overweight" rating in a research note on Monday, August 11th. Rosenblatt Securities reissued a "buy" rating and set a $215.00 price target on shares of NVIDIA in a research report on Tuesday, September 23rd. Finally, The Goldman Sachs Group set a $210.00 target price on shares of NVIDIA and gave the company a "buy" rating in a report on Monday. Four investment analysts have rated the stock with a Strong Buy rating, thirty-seven have given a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, NVIDIA currently has an average rating of "Moderate Buy" and a consensus price target of $211.26.

Insider Activity at NVIDIA

In other NVIDIA news, Director Harvey C. Jones sold 250,000 shares of the stock in a transaction on Thursday, September 18th. The shares were sold at an average price of $176.21, for a total transaction of $44,052,500.00. Following the completion of the sale, the director owned 7,183,280 shares of the company's stock, valued at $1,265,765,768.80. This represents a 3.36% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Mark A. Stevens sold 350,000 shares of the firm's stock in a transaction dated 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 sale, the director directly owned 7,399,803 shares of the company's stock, valued at approximately $1,305,251,251.17. This represents a 4.52% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 3,947,622 shares of company stock valued at $694,333,235. Insiders own 4.17% of the company's stock.

NVIDIA Trading Down 0.3%

NVDA opened at $185.04 on Wednesday. The company has a current ratio of 4.21, a quick ratio of 3.60 and a debt-to-equity ratio of 0.08. The company has a fifty day moving average price of $178.48 and a two-hundred day moving average price of $149.30. The company has a market cap of $4.50 trillion, a P/E ratio of 52.72, a price-to-earnings-growth ratio of 1.34 and a beta of 2.12. NVIDIA Corporation has a 1-year low of $86.62 and a 1-year high of $191.05.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.01 by $0.04. The business had revenue of $46.74 billion during the quarter, compared to the consensus estimate of $45.65 billion. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The firm's quarterly revenue was up 55.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. Analysts predict 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 given a dividend of $0.01 per share. The ex-dividend date was Thursday, September 11th. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. NVIDIA's dividend payout ratio (DPR) is 1.14%.

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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