NVIDIA Corporation $NVDA Shares Sold by Orser Capital Management LLC

Key Points

• Orser Capital Management LLC reduced its stake in NVIDIA by 1.7%, now holding approximately 94,615 shares, which remains the firm's largest position at around $14.9 million in value.
• NVIDIA reported a significant increase in its quarterly revenue, reaching $46.74 billion, which surpasses analysts' expectations, with a notable growth of 55.6% compared to the previous year.
• Institutional investors and hedge funds own approximately 65.27% of NVIDIA's stock, with various firms increasing their holdings during the second quarter.

Orser Capital Management LLC trimmed its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 1.7% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 94,615 shares of the computer hardware maker's stock after selling 1,595 shares during the period. NVIDIA comprises approximately 11.0% of Orser Capital Management LLC's investment portfolio, making the stock its biggest position. Orser Capital Management LLC's holdings in NVIDIA were worth $14,948,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. North Berkeley Wealth Management LLC increased its holdings in NVIDIA by 23.4% in the second quarter. North Berkeley Wealth Management LLC now owns 10,510 shares of the computer hardware maker's stock valued at $1,660,000 after purchasing an additional 1,990 shares during the period. Byrne Asset Management LLC increased its holdings in NVIDIA by 12.3% in the second quarter. Byrne Asset Management LLC now owns 34,670 shares of the computer hardware maker's stock valued at $5,478,000 after purchasing an additional 3,802 shares during the period. HFG Wealth Management LLC increased its holdings in NVIDIA by 3.4% in the second quarter. HFG Wealth Management LLC now owns 2,075 shares of the computer hardware maker's stock valued at $328,000 after purchasing an additional 68 shares during the period. Veracity Capital LLC increased its holdings in NVIDIA by 1.2% in the second quarter. Veracity Capital LLC now owns 31,653 shares of the computer hardware maker's stock valued at $5,001,000 after purchasing an additional 389 shares during the period. Finally, Brand Asset Management Group Inc. grew its holdings in NVIDIA by 13.9% during the 2nd quarter. Brand Asset Management Group Inc. now owns 15,247 shares of the computer hardware maker's stock worth $2,409,000 after acquiring an additional 1,856 shares during the period. 65.27% of the stock is currently owned by institutional investors and hedge funds.

NVIDIA Price Performance

NVIDIA stock opened at $176.67 on Monday. NVIDIA Corporation has a 52 week low of $86.62 and a 52 week high of $184.48. The company's 50 day moving average price is $175.73 and its two-hundred day moving average price is $143.85. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08. The stock has a market cap of $4.29 trillion, a P/E ratio of 50.33, a P/E/G ratio of 1.28 and a beta of 2.10.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its 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 for the quarter, compared to analysts' expectations of $45.65 billion. During the same quarter last year, the firm earned $0.68 EPS. The company's quarterly revenue was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. On average, equities analysts predict that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Announces Dividend

The company also recently announced 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. The ex-dividend date of this dividend is Thursday, September 11th. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. NVIDIA's dividend payout ratio (DPR) is currently 1.14%.

Insiders Place Their Bets

In other NVIDIA news, CEO Jen Hsun Huang sold 75,000 shares of NVIDIA stock in a transaction that occurred on Wednesday, July 2nd. The shares were sold at an average price of $156.39, for a total transaction of $11,729,250.00. Following the transaction, the chief executive officer owned 75,173,225 shares of the company's stock, valued at $11,756,340,657.75. This trade represents a 0.10% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Mark A. Stevens sold 297,797 shares of the firm's stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $178.19, for a total transaction of $53,064,447.43. Following the sale, the director owned 7,749,803 shares of the company's stock, valued at approximately $1,380,937,396.57. The trade was a 3.70% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 3,914,341 shares of company stock valued at $662,228,310 in the last 90 days. 4.17% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

NVDA has been the subject of a number of recent analyst reports. Stifel Nicolaus increased their price target on NVIDIA from $202.00 to $212.00 and gave the stock a "buy" rating in a report on Monday, August 25th. Truist Financial increased their price target on NVIDIA from $210.00 to $228.00 and gave the stock a "buy" rating in a report on Thursday, August 28th. Bank of America increased their price target on NVIDIA from $220.00 to $235.00 and gave the stock a "buy" rating in a report on Thursday, August 28th. Robert W. Baird increased 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, Craig Hallum increased their price target on NVIDIA from $195.00 to $245.00 and gave the stock a "buy" rating in a report on Thursday, August 28th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-six have issued a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $208.47.

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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