NVIDIA Corporation $NVDA Shares Sold by Capital Management Associates NY

Key Points

• Capital Management Associates NY reduced its stake in NVIDIA Corporation by 24.0% during the 1st quarter, now holding 20,000 shares valued at approximately $2.17 million.
• CEO Jen Hsun Huang sold 75,000 shares of NVIDIA stock for about $13.48 million, resulting in a small decrease in his ownership.
• Several analysts have upgraded their ratings on NVIDIA, with target prices ranging from $200.00 to $220.00, indicating a favorable outlook for the stock.

Capital Management Associates NY reduced its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 24.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,000 shares of the computer hardware maker's stock after selling 6,316 shares during the period. NVIDIA makes up about 4.2% of Capital Management Associates NY's investment portfolio, making the stock its 2nd biggest holding. Capital Management Associates NY's holdings in NVIDIA were worth $2,168,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Copia Wealth Management acquired a new stake in NVIDIA in the 4th quarter valued at $50,000. LSV Asset Management acquired a new stake in NVIDIA in the 4th quarter valued at $54,000. Kathleen S. Wright Associates Inc. increased its holdings in NVIDIA by 169.3% in the 1st quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker's stock valued at $44,000 after purchasing an additional 254 shares in the last quarter. Barnes Dennig Private Wealth Management LLC acquired a new stake in NVIDIA in the 1st quarter valued at $51,000. Finally, Bruce G. Allen Investments LLC increased its holdings in NVIDIA by 198.2% in the 1st quarter. Bruce G. Allen Investments LLC now owns 492 shares of the computer hardware maker's stock valued at $53,000 after purchasing an additional 327 shares in the last quarter. 65.27% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at NVIDIA

In other NVIDIA news, CEO Jen Hsun Huang sold 75,000 shares of the stock in a transaction on Friday, August 15th. The shares were sold at an average price of $179.76, for a total transaction of $13,482,000.00. Following the transaction, the chief executive officer directly owned 72,848,225 shares of the company's stock, valued at $13,095,196,926. This represents a 0.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Colette Kress sold 27,640 shares of NVIDIA stock in a transaction dated Monday, August 4th. The stock was sold at an average price of $178.06, for a total value of $4,921,578.40. Following the completion of the transaction, the chief financial officer owned 2,956,876 shares in the company, valued at $526,501,340.56. The trade was a 0.93% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 5,862,440 shares of company stock valued at $896,145,782. 4.17% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several analysts recently issued reports on NVDA shares. Summit Insights upgraded NVIDIA from a "hold" rating to a "buy" rating in a report on Thursday, May 29th. The Goldman Sachs Group reaffirmed a "buy" rating and set a $200.00 target price on shares of NVIDIA in a research report on Wednesday. Mizuho lifted their target price on NVIDIA from $192.00 to $205.00 and gave the stock an "outperform" rating in a research report on Thursday, August 14th. Stifel Nicolaus lifted their target price on NVIDIA from $202.00 to $212.00 and gave the stock a "buy" rating in a research report on Monday, August 25th. Finally, Benchmark lifted their target price on NVIDIA from $190.00 to $220.00 and gave the stock a "buy" rating in a research report on Thursday. 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 given a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $207.69.

NVIDIA Stock Performance

Shares of NASDAQ NVDA opened at $174.18 on Friday. The company has a current ratio of 4.21, a quick ratio of 2.96 and a debt-to-equity ratio of 0.08. The stock has a 50 day simple moving average of $170.83 and a 200-day simple moving average of $139.02. The company has a market cap of $4.23 trillion, a PE ratio of 49.62, a P/E/G ratio of 1.58 and a beta of 2.14. NVIDIA Corporation has a 12-month low of $86.62 and a 12-month high of $184.48.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its quarterly earnings data 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. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The company had revenue of $46.74 billion during the quarter, compared to the consensus estimate of $45.65 billion. During the same quarter in the prior year, the firm earned $0.68 EPS. 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. On average, equities research analysts forecast that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 2nd. Investors of record on Thursday, September 11th will be issued a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. The ex-dividend date is Thursday, September 11th. NVIDIA's dividend payout ratio (DPR) is currently 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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