NVIDIA Corporation $NVDA Shares Sold by Financial Advisors Network Inc.

Key Points

• Financial Advisors Network Inc. has reduced its stake in NVIDIA Corporation by 18.2%, selling 15,502 shares, leaving it with 69,599 shares worth approximately $7.54 million.
• CEO Jen Hsun Huang and EVP Ajay K. Puri recently sold significant amounts of NVIDIA stock, with Huang selling 75,000 shares for about $11.44 million.
• NVIDIA's earnings exceeded expectations with a reported $1.05 EPS for the last quarter, surpassing analysts' estimates, and the company has set a Q3 2026 EPS guidance.

Financial Advisors Network Inc. lessened its position in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 18.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 69,599 shares of the computer hardware maker's stock after selling 15,502 shares during the quarter. NVIDIA comprises 1.3% of Financial Advisors Network Inc.'s holdings, making the stock its 18th largest position. Financial Advisors Network Inc.'s holdings in NVIDIA were worth $7,543,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in NVDA. GSG Advisors LLC lifted its stake in shares of NVIDIA by 5.7% in the first quarter. GSG Advisors LLC now owns 43,938 shares of the computer hardware maker's stock worth $5,023,000 after buying an additional 2,371 shares in the last quarter. Lincoln Capital LLC lifted its stake in shares of NVIDIA by 10.7% in the first quarter. Lincoln Capital LLC now owns 5,539 shares of the computer hardware maker's stock worth $548,000 after buying an additional 535 shares in the last quarter. M Holdings Securities Inc. lifted its stake in shares of NVIDIA by 0.7% in the first quarter. M Holdings Securities Inc. now owns 102,659 shares of the computer hardware maker's stock worth $11,126,000 after buying an additional 671 shares in the last quarter. Pinnacle Wealth Management LLC lifted its stake in shares of NVIDIA by 0.3% in the first quarter. Pinnacle Wealth Management LLC now owns 34,726 shares of the computer hardware maker's stock worth $3,764,000 after buying an additional 102 shares in the last quarter. Finally, Cornerstone Select Advisors LLC lifted its stake in shares of NVIDIA by 5.6% in the first quarter. Cornerstone Select Advisors LLC now owns 43,771 shares of the computer hardware maker's stock worth $4,744,000 after buying an additional 2,317 shares in the last quarter. Hedge funds and other institutional investors own 65.27% of the company's stock.

Insider Activity at NVIDIA

In other news, CEO Jen Hsun Huang sold 75,000 shares of the stock in a transaction dated Wednesday, September 10th. The shares were sold at an average price of $177.57, for a total transaction of $13,317,750.00. Following the completion of the sale, the chief executive officer owned 72,248,366 shares in the company, valued at approximately $12,829,142,350.62. This represents a 0.10% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Dawn E. Hudson sold 18,000 shares of the stock in a transaction dated 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 owned 368,887 shares of the company's stock, valued at $63,448,564. This trade represents a 4.65% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 3,907,755 shares of company stock valued at $633,253,430 in the last 90 days. Insiders own 4.17% of the company's stock.

NVIDIA Trading Down 0.1%

Shares of NVDA traded down $0.16 during trading on Thursday, reaching $177.17. 150,723,200 shares of the company traded hands, compared to its average volume of 176,675,152. NVIDIA Corporation has a twelve month low of $86.62 and a twelve month high of $184.48. The stock has a market cap of $4.31 trillion, a PE ratio of 50.48, a price-to-earnings-growth ratio of 1.29 and a beta of 2.10. The stock has a 50-day simple moving average of $173.69 and a 200-day simple moving average of $140.91. 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 (NASDAQ:NVDA - Get Free Report) last posted its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, beating the consensus estimate of $1.01 by $0.04. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The business had revenue of $46.74 billion during the quarter, compared to analyst estimates of $45.65 billion. During the same quarter last year, the firm posted $0.68 earnings per share. 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. On average, analysts anticipate that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 2nd. Stockholders 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 dividend yield of 0.0%. The ex-dividend date is Thursday, September 11th. NVIDIA's payout ratio is currently 1.14%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the company. Robert W. Baird upped their price target on NVIDIA from $195.00 to $225.00 and gave the company an "outperform" rating in a research report on Monday, August 25th. Rosenblatt Securities boosted their price objective on NVIDIA from $200.00 to $215.00 and gave the stock a "buy" rating in a research note on Thursday, August 28th. Loop Capital upped their target price on NVIDIA from $175.00 to $250.00 and gave the company a "buy" rating in a report on Wednesday, June 25th. Arete Research raised NVIDIA to a "strong-buy" rating in a research note on Wednesday, May 21st. Finally, Bank of America boosted their price target on shares of NVIDIA from $220.00 to $235.00 and gave the company a "buy" rating in a research report on Thursday, August 28th. Four research analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $207.83.

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.