NVIDIA Corporation $NVDA Shares Sold by Vaughan Nelson Investment Management L.P.

Vaughan Nelson Investment Management L.P. trimmed its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 3.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,944,828 shares of the computer hardware maker's stock after selling 77,887 shares during the quarter. NVIDIA makes up approximately 2.9% of Vaughan Nelson Investment Management L.P.'s investment portfolio, making the stock its 3rd largest position. Vaughan Nelson Investment Management L.P.'s holdings in NVIDIA were worth $307,263,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in NVDA. Pachira Investments Inc. grew its holdings in shares of NVIDIA by 1.0% during the second quarter. Pachira Investments Inc. now owns 6,450 shares of the computer hardware maker's stock worth $1,019,000 after buying an additional 63 shares in the last quarter. Warner Financial Inc. grew its holdings in shares of NVIDIA by 2.3% during the second quarter. Warner Financial Inc. now owns 2,911 shares of the computer hardware maker's stock worth $460,000 after buying an additional 66 shares in the last quarter. HFG Wealth Management LLC grew its holdings in shares of NVIDIA by 3.4% during the second quarter. HFG Wealth Management LLC now owns 2,075 shares of the computer hardware maker's stock worth $328,000 after buying an additional 68 shares in the last quarter. Hidden Cove Wealth Management LLC grew its holdings in shares of NVIDIA by 0.3% during the second quarter. Hidden Cove Wealth Management LLC now owns 23,778 shares of the computer hardware maker's stock worth $3,757,000 after buying an additional 69 shares in the last quarter. Finally, Summit Financial Strategies Inc. grew its holdings in shares of NVIDIA by 0.6% during the second quarter. Summit Financial Strategies Inc. now owns 11,637 shares of the computer hardware maker's stock worth $1,839,000 after buying an additional 69 shares in the last quarter. 65.27% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, CEO Jen Hsun Huang sold 75,000 shares of the firm's stock in a transaction dated Monday, October 20th. The stock was sold at an average price of $183.38, for a total transaction of $13,753,500.00. Following the completion of the sale, the chief executive officer directly owned 70,108,203 shares of the company's stock, valued at approximately $12,856,442,266.14. This trade represents a 0.11% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Over the last three months, insiders sold 3,828,937 shares of company stock worth $682,264,276. 4.17% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

NVDA has been the subject of a number of research reports. TD Cowen upped their target price on shares of NVIDIA from $140.00 to $235.00 and gave the stock a "buy" rating in a report on Tuesday, August 19th. Craig Hallum upped their target price on shares of NVIDIA from $195.00 to $245.00 and gave the stock a "buy" rating in a report on Thursday, August 28th. Mizuho raised their target price on NVIDIA from $205.00 to $225.00 and gave the stock an "outperform" rating in a research note on Monday, October 13th. Cantor Fitzgerald set a $300.00 target price on NVIDIA and gave the stock an "overweight" rating in a research note on Thursday, October 9th. Finally, Phillip Securities raised NVIDIA from a "moderate buy" rating to a "strong-buy" rating in a research note on Monday, July 14th. Five analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Buy" and an average price target of $222.23.

NVIDIA Stock Down 0.3%

Shares of NASDAQ:NVDA opened at $182.64 on Tuesday. The business has a 50-day moving average price of $179.41 and a 200 day moving average price of $154.25. The company has a current ratio of 4.21, a quick ratio of 3.60 and a debt-to-equity ratio of 0.08. The company has a market capitalization of $4.44 trillion, a price-to-earnings ratio of 52.03, a PEG ratio of 1.32 and a beta of 2.12. NVIDIA Corporation has a 12-month low of $86.62 and a 12-month high of $195.62.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.01 by $0.04. The firm had revenue of $46.74 billion during the quarter, compared to the consensus estimate of $45.65 billion. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The company's quarterly revenue was up 55.6% on a year-over-year basis. During the same period last year, the company earned $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. Sell-side analysts expect that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 2nd. Investors of record on Thursday, September 11th were given a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.0%. The ex-dividend date of this dividend was Thursday, September 11th. NVIDIA's dividend payout ratio (DPR) is presently 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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