Capstone Financial Advisors Inc. Sells 10,662 Shares of NVIDIA Corporation $NVDA

Key Points

• Capstone Financial Advisors Inc. reduced its stake in NVIDIA Corporation by 18.5%, selling 10,662 shares to hold a total of 46,916 shares valued at approximately $5.1 million.
• NVIDIA recently reported a quarterly earnings per share of $1.05, exceeding analyst expectations and reflecting a significant annual revenue growth of 55.6%.
• The company's stock has an average price target of $207.69, with a strong majority of analysts rating it as a Buy or Strong Buy.

Capstone Financial Advisors Inc. decreased its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 18.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 46,916 shares of the computer hardware maker's stock after selling 10,662 shares during the quarter. Capstone Financial Advisors Inc.'s holdings in NVIDIA were worth $5,085,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of NVDA. GAMMA Investing LLC grew its holdings in NVIDIA by 12,173.2% during the first quarter. GAMMA Investing LLC now owns 48,837,781 shares of the computer hardware maker's stock worth $5,293,039,000 after buying an additional 48,439,859 shares in the last quarter. Northern Trust Corp grew its holdings in NVIDIA by 15.8% during the fourth quarter. Northern Trust Corp now owns 266,454,194 shares of the computer hardware maker's stock worth $35,782,134,000 after buying an additional 36,266,817 shares in the last quarter. Assenagon Asset Management S.A. grew its holdings in NVIDIA by 204.6% during the first quarter. Assenagon Asset Management S.A. now owns 35,652,571 shares of the computer hardware maker's stock worth $3,864,026,000 after buying an additional 23,948,733 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in NVIDIA during the fourth quarter worth $2,987,733,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in NVIDIA by 11.4% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 200,898,191 shares of the computer hardware maker's stock worth $26,978,618,000 after buying an additional 20,494,402 shares in the last quarter. Institutional investors own 65.27% of the company's stock.

NVIDIA Stock Performance

Shares of NASDAQ NVDA traded down $4.64 during trading on Friday, reaching $167.02. 223,875,375 shares of the stock traded hands, compared to its average volume of 167,410,624. NVIDIA Corporation has a 52-week low of $86.62 and a 52-week high of $184.48. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.21 and a quick ratio of 3.60. The company has a 50-day moving average of $172.73 and a 200-day moving average of $140.20. The stock has a market capitalization of $4.06 trillion, a P/E ratio of 47.58, a price-to-earnings-growth ratio of 1.25 and a beta of 2.10.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its quarterly 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. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The firm had revenue of $46.74 billion for the quarter, compared to analysts' expectations of $45.65 billion. During the same quarter in the prior year, the firm earned $0.68 EPS. The business's revenue for the quarter was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. Analysts forecast 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 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 dividend on an annualized basis and a dividend yield of 0.0%. The ex-dividend date is Thursday, September 11th. NVIDIA's payout ratio is presently 1.14%.

Insiders Place Their Bets

In related news, Director Dawn E. Hudson sold 18,000 shares of the business's stock in a transaction on Wednesday, September 3rd. The stock was sold at an average price of $172.00, for a total transaction of $3,096,000.00. Following the sale, the director directly owned 368,887 shares in the company, valued at approximately $63,448,564. The trade was a 4.65% decrease in their position. The transaction was disclosed in a document filed with the SEC, 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 Tuesday, September 2nd. The shares were sold at an average price of $169.65, for a total value of $12,723,750.00. Following the sale, the chief executive officer owned 72,698,366 shares in the company, valued at approximately $12,333,277,791.90. The trade was a 0.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 4,872,755 shares of company stock worth $764,283,330. 4.17% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several brokerages recently issued reports on NVDA. DA Davidson upped their price target on NVIDIA from $135.00 to $195.00 and gave the stock a "neutral" rating in a report on Thursday, August 28th. JPMorgan Chase & Co. reiterated an "overweight" rating and set a $215.00 price target on shares of NVIDIA in a report on Thursday. Wells Fargo & Company boosted their price objective on NVIDIA from $185.00 to $220.00 and gave the stock an "overweight" rating in a research report on Monday, August 11th. TD Cowen boosted their price objective on NVIDIA from $140.00 to $235.00 and gave the stock a "buy" rating in a research report on Tuesday, August 19th. Finally, Citigroup reissued a "buy" rating and issued a $210.00 price objective (up previously from $190.00) on shares of NVIDIA in a research report on Thursday, August 28th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, five have assigned 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 "Moderate Buy" and an average price target of $207.69.

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.