NVIDIA Corporation $NVDA Shares Sold by Financial Partners Group Inc

Key Points

• Financial Partners Group Inc reduced its stake in NVIDIA Corporation by 5.4%, bringing its ownership down to 40,392 shares valued at approximately $6.38 million.
• Institutional investors now hold 65.27% of NVIDIA's stock, with notable increases from firms including Kingstone Capital Partners and Goldman Sachs Group, which significantly boosted their positions during the second quarter.
• Despite insider selling, NVIDIA stocks retain strong analyst ratings, with four analysts rating it as a Strong Buy and a consensus price target of $211.00.

Financial Partners Group Inc decreased its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 5.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 40,392 shares of the computer hardware maker's stock after selling 2,289 shares during the period. NVIDIA makes up 0.9% of Financial Partners Group Inc's investment portfolio, making the stock its 29th largest holding. Financial Partners Group Inc's holdings in NVIDIA were worth $6,382,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Kingstone Capital Partners Texas LLC raised its position in NVIDIA by 267,959.7% during the second quarter. Kingstone Capital Partners Texas LLC now owns 382,373,765 shares of the computer hardware maker's stock worth $64,976,521,000 after acquiring an additional 382,231,120 shares during the last quarter. Nuveen LLC acquired a new position in NVIDIA during the first quarter worth about $15,089,414,000. Goldman Sachs Group Inc. raised its position in NVIDIA by 123.5% during the first quarter. Goldman Sachs Group Inc. now owns 187,995,213 shares of the computer hardware maker's stock worth $20,374,921,000 after acquiring an additional 103,889,872 shares during the last quarter. GAMMA Investing LLC raised its position 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 acquiring an additional 48,439,859 shares during the last quarter. Finally, Assenagon Asset Management S.A. raised its position 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 acquiring an additional 23,948,733 shares during the last quarter. Institutional investors and hedge funds own 65.27% of the company's stock.

Insider Transactions at NVIDIA

In other NVIDIA news, Director Persis Drell sold 40,000 shares of the company's stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $177.65, for a total transaction of $7,106,000.00. Following the completion of the sale, the director directly owned 138,740 shares in the company, valued at $24,647,161. This represents a 22.38% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Colette Kress sold 30,500 shares of the company's stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $176.40, for a total value of $5,380,200.00. Following the sale, the chief financial officer owned 2,883,402 shares of the company's stock, valued at $508,632,112.80. This represents a 1.05% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 4,097,407 shares of company stock valued at $714,378,504. Insiders own 4.17% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. UBS Group reissued a "buy" rating on shares of NVIDIA in a report on Tuesday, September 23rd. KeyCorp reissued an "overweight" rating and issued a $250.00 price target (up from $230.00) on shares of NVIDIA in a report on Tuesday. Benchmark boosted their price target on NVIDIA from $190.00 to $220.00 and gave the stock a "buy" rating in a report on Thursday, August 28th. Robert W. Baird boosted their price target on NVIDIA from $195.00 to $225.00 and gave the stock an "outperform" rating in a report on Monday, August 25th. Finally, The Goldman Sachs Group reissued a "buy" rating and issued a $200.00 price objective on shares of NVIDIA in a research report on Wednesday, August 27th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-six have given a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, NVIDIA has an average rating of "Moderate Buy" and a consensus price target of $211.00.

NVIDIA Stock Performance

Shares of NVDA stock opened at $188.89 on Friday. NVIDIA Corporation has a one year low of $86.62 and a one year high of $191.05. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.60 and a current ratio of 4.21. The company has a 50 day moving average price of $177.83 and a 200 day moving average price of $147.65. The firm has a market capitalization of $4.59 trillion, a price-to-earnings ratio of 53.81, a price-to-earnings-growth ratio of 1.35 and a beta of 2.12.

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, topping 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 firm had revenue of $46.74 billion during the quarter, compared to analyst estimates of $45.65 billion. During the same quarter in the prior year, the business posted $0.68 earnings per share. NVIDIA'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. Sell-side analysts anticipate that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 2nd. Shareholders of record on Thursday, September 11th were paid a dividend of $0.01 per share. The ex-dividend date was Thursday, September 11th. This represents a $0.04 annualized dividend and a yield of 0.0%. NVIDIA's dividend payout ratio 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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