NVIDIA Corporation $NVDA Shares Sold by Hamilton Point Investment Advisors LLC

Key Points

• Hamilton Point cut its NVIDIA stake by 6.4% in Q2, selling 2,200 shares and ending the period with 31,955 shares valued at about $5.05 million.
• Heavy insider selling: CEO Jen Hsun Huang sold 75,000 shares (~$12.7M) and director Harvey C. Jones sold 250,000 shares (~$44.05M); insiders have sold 3,476,577 shares (~$623.9M) over the past 90 days, leaving insiders with 4.17% ownership.
• Strong financials and analyst sentiment: NVIDIA reported revenue of $46.74 billion (up 55.6% year-over-year) and an EPS beat, and analysts mostly rate the stock a Buy with a consensus target of about $233.75.

Hamilton Point Investment Advisors LLC lessened its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 6.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 31,955 shares of the computer hardware maker's stock after selling 2,200 shares during the period. Hamilton Point Investment Advisors LLC's holdings in NVIDIA were worth $5,049,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of NVDA. Morton Brown Family Wealth LLC lifted its position in NVIDIA by 1.5% during the second quarter. Morton Brown Family Wealth LLC now owns 3,928 shares of the computer hardware maker's stock valued at $621,000 after buying an additional 58 shares in the last quarter. Pachira Investments Inc. raised its stake in shares of NVIDIA by 1.0% in the 2nd quarter. Pachira Investments Inc. now owns 6,450 shares of the computer hardware maker's stock valued at $1,019,000 after acquiring an additional 63 shares during the period. Warner Financial Inc. lifted its holdings in shares of NVIDIA by 2.3% during the 2nd quarter. Warner Financial Inc. now owns 2,911 shares of the computer hardware maker's stock valued at $460,000 after acquiring an additional 66 shares in the last quarter. HFG Wealth Management LLC boosted its position in NVIDIA by 3.4% during the 2nd quarter. HFG Wealth Management LLC now owns 2,075 shares of the computer hardware maker's stock worth $328,000 after purchasing an additional 68 shares during the period. Finally, Hidden Cove Wealth Management LLC boosted its position in NVIDIA by 0.3% during the 2nd quarter. Hidden Cove Wealth Management LLC now owns 23,778 shares of the computer hardware maker's stock worth $3,757,000 after purchasing an additional 69 shares during the period. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

NVIDIA Stock Performance

Shares of NVDA stock opened at $188.08 on Friday. The stock has a market capitalization of $4.57 trillion, a price-to-earnings ratio of 53.58, a PEG ratio of 1.49 and a beta of 2.11. NVIDIA Corporation has a one year low of $86.62 and a one year high of $212.19. The company's 50-day simple moving average is $183.15 and its 200-day simple moving average is $161.90. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.60 and a current ratio of 4.21.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, beating the consensus estimate 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 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. Equities analysts anticipate that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 2nd. Investors 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 (DPR) is 1.14%.

Insiders Place Their Bets

In other NVIDIA news, 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 transaction of $12,723,750.00. Following the completion of the sale, the chief executive officer owned 72,698,366 shares in the company, valued at $12,333,277,791.90. The trade was a 0.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Harvey C. Jones sold 250,000 shares of the stock in a transaction on Thursday, September 18th. The stock was sold at an average price of $176.21, for a total transaction of $44,052,500.00. Following the sale, the director directly owned 7,183,280 shares in the company, valued at $1,265,765,768.80. This trade represents a 3.36% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 3,476,577 shares of company stock valued at $623,934,187 over the last 90 days. 4.17% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of research analysts have commented on NVDA shares. President Capital boosted their price objective on NVIDIA from $210.00 to $240.00 and gave the stock a "buy" rating in a research note on Thursday, October 30th. UBS Group set a $235.00 target price on NVIDIA and gave the company a "buy" rating in a report on Wednesday, October 29th. TD Cowen upped their price target on NVIDIA from $140.00 to $235.00 and gave the stock a "buy" rating in a report on Tuesday, August 19th. Robert W. Baird increased their price objective on shares of NVIDIA from $195.00 to $225.00 and gave the company an "outperform" rating in a research report on Monday, August 25th. Finally, Seaport Global Securities reissued a "sell" rating on shares of NVIDIA in a research report on Wednesday, October 29th. Five analysts have rated the stock with a Strong Buy rating, forty-one have assigned a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Buy" and a consensus target price of $233.75.

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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