NVIDIA Corporation $NVDA Shares Sold by Clearwater Capital Advisors LLC

Key Points

• Clearwater Capital Advisors LLC reduced its holdings in NVIDIA Corporation by 13.5%, selling 2,388 shares, bringing their total to 15,310 shares worth approximately $1.66 million.
• Insiders sold over 5.7 million shares of NVIDIA stock recently, valued at nearly $879 million, indicating significant insider trading activity.
• NVIDIA's stock received upgraded price targets from multiple analysts, with UBS Group raising its target from $175 to $205, reflecting strong market confidence and a current average rating of "Moderate Buy".

Clearwater Capital Advisors LLC decreased its position in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 13.5% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 15,310 shares of the computer hardware maker's stock after selling 2,388 shares during the quarter. Clearwater Capital Advisors LLC's holdings in NVIDIA were worth $1,659,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Kathleen S. Wright Associates Inc. grew its position 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 acquiring an additional 254 shares in the last quarter. Copia Wealth Management acquired a new position in shares of NVIDIA in the fourth quarter valued at approximately $50,000. Barnes Dennig Private Wealth Management LLC purchased a new stake in NVIDIA during the 1st quarter worth approximately $51,000. Bruce G. Allen Investments LLC lifted its holdings in NVIDIA by 198.2% during the 1st quarter. Bruce G. Allen Investments LLC now owns 492 shares of the computer hardware maker's stock worth $53,000 after buying an additional 327 shares in the last quarter. Finally, LSV Asset Management purchased a new position in NVIDIA in the 4th quarter valued at approximately $54,000. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at NVIDIA

In related news, Director Tench Coxe sold 1,000,000 shares of the business's stock in a transaction dated Monday, June 9th. The stock was sold at an average price of $142.80, for a total value of $142,800,000.00. Following the transaction, the director owned 26,671,360 shares in the company, valued at $3,808,670,208. The trade was a 3.61% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Mark A. Stevens sold 935,000 shares of the company's stock in a transaction that occurred on Tuesday, June 3rd. The shares were sold at an average price of $140.92, for a total value of $131,760,200.00. Following the sale, the director directly owned 9,214,697 shares of the company's stock, valued at approximately $1,298,535,101.24. This represents a 9.21% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 5,736,604 shares of company stock valued at $878,806,839. Company insiders own 4.17% of the company's stock.

Wall Street Analyst Weigh In

NVDA has been the topic of a number of recent research reports. UBS Group upped their price objective on NVIDIA from $175.00 to $205.00 and gave the stock a "buy" rating in a research report on Thursday, August 21st. Mizuho increased their price objective on shares of NVIDIA from $192.00 to $205.00 and gave the company an "outperform" rating in a research report on Thursday, August 14th. Cantor Fitzgerald restated an "overweight" rating and issued a $240.00 price objective on shares of NVIDIA in a report on Thursday. Rosenblatt Securities lifted their price objective on shares of NVIDIA from $200.00 to $215.00 and gave the stock a "buy" rating in a research report on Thursday. Finally, Wolfe Research increased their target price on NVIDIA from $220.00 to $230.00 and gave the company an "outperform" rating in a report on Thursday. Four investment analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $207.69.

NVIDIA Trading Down 3.3%

NVDA opened at $174.18 on Monday. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08. NVIDIA Corporation has a 52 week low of $86.62 and a 52 week high of $184.48. The business's 50 day moving average is $170.83 and its two-hundred day moving average is $139.10. The firm has a market cap of $4.23 trillion, a price-to-earnings ratio of 49.62, a price-to-earnings-growth ratio of 1.30 and a beta of 2.10.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share for the quarter, beating the consensus estimate 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 return on equity of 101.74% and a net margin of 52.41%.The company's revenue was up 55.6% compared to the same quarter last year. During the same period in the prior year, the company earned $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. On average, research analysts predict that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 2nd. Shareholders of record on Thursday, September 11th will be given a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a yield of 0.0%. The ex-dividend date of this dividend is Thursday, September 11th. NVIDIA's dividend payout ratio (DPR) is presently 1.14%.

NVIDIA 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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