Vantage Financial Partners LLC Cuts Stock Position in NVIDIA Corporation $NVDA

Key Points

• Vantage Financial Partners LLC has reduced its stake in NVIDIA Corporation by 17.8%, selling 2,406 shares and retaining 11,118 shares, valued at approximately $1.21 million.
• Analysts have increased price targets for NVIDIA, with Truist Financial promoting a target of $210 and others raising estimates, resulting in an average price target of $194.31.
• NVIDIA announced a quarterly dividend of $0.01 per share, payable on October 2, reflecting a low dividend yield of 0.0% and a payout ratio of 1.29%.

Vantage Financial Partners LLC reduced its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 17.8% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,118 shares of the computer hardware maker's stock after selling 2,406 shares during the period. Vantage Financial Partners LLC's holdings in NVIDIA were worth $1,205,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Kathleen S. Wright Associates Inc. lifted its stake in NVIDIA by 169.3% during the first quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker's stock worth $44,000 after purchasing an additional 254 shares during the last quarter. Copia Wealth Management purchased a new position in shares of NVIDIA in the fourth quarter worth about $50,000. Barnes Dennig Private Wealth Management LLC purchased a new position in NVIDIA during the 1st quarter valued at about $51,000. Bruce G. Allen Investments LLC increased 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 valued at $53,000 after purchasing an additional 327 shares during the period. Finally, LSV Asset Management purchased a new position in NVIDIA during the 4th quarter valued at about $54,000. 65.27% of the stock is owned by institutional investors.

Insider Buying and Selling at NVIDIA

In other NVIDIA news, CEO Jen Hsun Huang sold 75,000 shares of the stock in a transaction on Friday, August 15th. The stock was sold at an average price of $179.76, for a total value of $13,482,000.00. Following the completion of the sale, the chief executive officer owned 72,848,225 shares in the company, valued at approximately $13,095,196,926. This represents a 0.10% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Colette Kress sold 27,640 shares of the stock in a transaction on Monday, August 4th. The stock was sold at an average price of $178.06, for a total value of $4,921,578.40. Following the completion of the sale, the chief financial officer owned 2,956,876 shares of the company's stock, valued at $526,501,340.56. The trade was a 0.93% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 5,862,440 shares of company stock valued at $896,145,782 over the last 90 days. 4.17% of the stock is currently owned by company insiders.

NVIDIA Stock Performance

Shares of NASDAQ:NVDA traded down $6.14 during midday trading on Friday, hitting $174.03. The company had a trading volume of 164,832,828 shares, compared to its average volume of 238,776,547. The company has a debt-to-equity ratio of 0.10, a current ratio of 3.39 and a quick ratio of 2.96. The company has a market cap of $4.25 trillion, a price-to-earnings ratio of 49.55, a PEG ratio of 1.59 and a beta of 2.14. NVIDIA Corporation has a 12-month low of $86.62 and a 12-month high of $184.48. The company has a fifty day moving average of $170.22 and a two-hundred day moving average of $138.74.

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, topping the consensus estimate of $1.01 by $0.04. The firm had revenue of $46.74 billion during the quarter, compared to analyst estimates of $45.65 billion. NVIDIA had a return on equity of 109.66% and a net margin of 52.41%.NVIDIA's revenue was up 55.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. On average, equities research analysts expect that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Dividend Announcement

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 paid a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. The ex-dividend date is Thursday, September 11th. NVIDIA's dividend payout ratio is 1.14%.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. Phillip Securities upgraded NVIDIA from a "moderate buy" rating to a "strong-buy" rating in a report on Monday, July 14th. Wolfe Research boosted their price target on NVIDIA from $220.00 to $230.00 and gave the company an "outperform" rating in a report on Thursday. Mizuho upped their target price on NVIDIA from $192.00 to $205.00 and gave the stock an "outperform" rating in a report on Thursday, August 14th. Barclays upped their target price on NVIDIA from $170.00 to $200.00 and gave the stock an "overweight" rating in a report on Tuesday, June 17th. Finally, Craig Hallum upped their target price on NVIDIA from $195.00 to $245.00 and gave the stock a "buy" rating in a report on Thursday. Four research analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, NVIDIA currently has a consensus rating of "Moderate Buy" and a consensus price target of $207.69.

About NVIDIA

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.