NVIDIA Corporation $NVDA Shares Sold by Chatham Capital Group Inc.

Key Points

• Chatham Capital Group Inc. has reduced its stake in NVIDIA Corporation by 7.1%, bringing their total holdings to 197,176 shares worth $31.15 million.
• Multiple institutional investors have shown increased interest in NVIDIA, with some raising their stakes by significant percentages, indicating a growing confidence in the company's performance.
• Analysts maintain a positive outlook on NVIDIA, with a consensus rating of "Moderate Buy" and an average target price of $212.84, amid continued growth in revenue and quarterly earnings that surpassed estimates.

Chatham Capital Group Inc. trimmed its position in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 7.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 197,176 shares of the computer hardware maker's stock after selling 15,165 shares during the quarter. NVIDIA comprises 4.8% of Chatham Capital Group Inc.'s holdings, making the stock its 2nd largest position. Chatham Capital Group Inc.'s holdings in NVIDIA were worth $31,152,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Legend Financial Advisors Inc. purchased a new position in shares of NVIDIA in the second quarter worth about $55,000. Kathleen S. Wright Associates Inc. raised its stake in shares of NVIDIA by 169.3% in the first quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker's stock worth $44,000 after purchasing an additional 254 shares during the last quarter. Westend Capital Management LLC raised its stake in shares of NVIDIA by 46.8% in the second quarter. Westend Capital Management LLC now owns 455 shares of the computer hardware maker's stock worth $72,000 after purchasing an additional 145 shares during the last quarter. Barnes Dennig Private Wealth Management LLC purchased a new position in shares of NVIDIA in the first quarter worth about $51,000. Finally, Bruce G. Allen Investments LLC raised its position in NVIDIA by 198.2% during the first quarter. Bruce G. Allen Investments LLC now owns 492 shares of the computer hardware maker's stock valued at $53,000 after acquiring an additional 327 shares in the last quarter. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have issued reports on NVDA. Mizuho boosted their price target on NVIDIA from $192.00 to $205.00 and gave the company an "outperform" rating in a report on Thursday, August 14th. The Goldman Sachs Group set a $210.00 price target on NVIDIA and gave the company a "buy" rating in a report on Monday. Stifel Nicolaus boosted their price target on NVIDIA from $202.00 to $212.00 and gave the company a "buy" rating in a report on Monday, August 25th. DA Davidson upgraded NVIDIA from a "neutral" rating to a "buy" rating and boosted their price objective for the company from $195.00 to $210.00 in a research report on Thursday, September 11th. Finally, Sanford C. Bernstein reaffirmed a "buy" rating on shares of NVIDIA in a research note on Tuesday, September 23rd. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, NVIDIA has a consensus rating of "Moderate Buy" and an average target price of $212.84.

Insider Activity

In related news, 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 transaction, the director owned 7,399,803 shares in the company, valued at $1,305,251,251.17. This trade represents a 4.52% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Harvey C. Jones sold 250,000 shares of the firm's stock in a transaction that occurred on Thursday, September 18th. The stock was sold at an average price of $176.21, for a total value of $44,052,500.00. Following the transaction, the director owned 7,183,280 shares in the company, valued at $1,265,765,768.80. This represents a 3.36% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 3,925,379 shares of company stock worth $694,277,421. 4.17% of the stock is currently owned by insiders.

NVIDIA Stock Performance

NASDAQ NVDA opened at $183.16 on Friday. The stock has a market cap of $4.45 trillion, a PE ratio of 52.18, a P/E/G ratio of 1.39 and a beta of 2.12. 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 $195.62. The stock has a fifty day simple moving average of $179.16 and a 200-day simple moving average of $150.49.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.04. The firm 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%.NVIDIA's revenue was up 55.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. Equities analysts anticipate that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th were issued a $0.01 dividend. The ex-dividend date was Thursday, September 11th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.0%. NVIDIA's dividend payout ratio is presently 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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