NVIDIA Corporation $NVDA Shares Sold by YHB Investment Advisors Inc.

Key Points

• YHB Investment Advisors Inc. reduced its NVIDIA holdings by 2.2% during Q2, owning 224,302 shares worth approximately $35.4 million, making it the firm's 6th largest investment.
• Analysts have given NVIDIA a Moderate Buy rating, with price targets raised by several firms, including $240.00 from Barclays and $212.00 from Stifel Nicolaus.
• Recent insider transactions included Director Harvey C. Jones selling 250,000 shares and Mark A. Stevens selling 350,000 shares, both resulting in significant ownership decreases.

YHB Investment Advisors Inc. cut its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 2.2% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 224,302 shares of the computer hardware maker's stock after selling 5,143 shares during the period. NVIDIA accounts for approximately 2.7% of YHB Investment Advisors Inc.'s holdings, making the stock its 6th biggest holding. YHB Investment Advisors Inc.'s holdings in NVIDIA were worth $35,437,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the business. Astoria Portfolio Advisors LLC. grew its stake in shares of NVIDIA by 0.9% during the first quarter. Astoria Portfolio Advisors LLC. now owns 93,568 shares of the computer hardware maker's stock worth $9,610,000 after purchasing an additional 864 shares during the period. Centerpoint Advisory Group boosted its holdings in NVIDIA by 2.5% during the first quarter. Centerpoint Advisory Group now owns 39,398 shares of the computer hardware maker's stock worth $4,270,000 after buying an additional 943 shares during the last quarter. GSB Wealth Management LLC boosted its holdings in NVIDIA by 3.3% during the first quarter. GSB Wealth Management LLC now owns 32,611 shares of the computer hardware maker's stock worth $3,534,000 after buying an additional 1,043 shares during the last quarter. Variant Private Wealth LLC grew its position in shares of NVIDIA by 20.6% during the 1st quarter. Variant Private Wealth LLC now owns 18,800 shares of the computer hardware maker's stock worth $2,038,000 after buying an additional 3,206 shares during the period. Finally, Financial Perspectives Inc increased its stake in shares of NVIDIA by 2.8% in the 1st quarter. Financial Perspectives Inc now owns 45,958 shares of the computer hardware maker's stock valued at $4,981,000 after acquiring an additional 1,265 shares during the last quarter. Institutional investors own 65.27% of the company's stock.

Wall Street Analyst Weigh In

Several research firms recently weighed in on NVDA. Barclays reissued an "overweight" rating and set a $240.00 price objective (up previously from $200.00) on shares of NVIDIA in a research note on Monday. Sanford C. Bernstein reiterated a "buy" rating on shares of NVIDIA in a report on Tuesday. Stifel Nicolaus boosted their price target on shares of NVIDIA from $202.00 to $212.00 and gave the company a "buy" rating in a report on Monday, August 25th. Cantor Fitzgerald restated an "overweight" rating and issued a $240.00 price objective on shares of NVIDIA in a research report on Thursday, August 28th. Finally, Truist Financial raised their price objective on NVIDIA from $210.00 to $228.00 and gave the stock a "buy" rating in a research note on Thursday, August 28th. Four research analysts have rated the stock with a Strong Buy rating, thirty-six have assigned a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, NVIDIA has an average rating of "Moderate Buy" and an average target price of $209.82.

Insider Transactions at NVIDIA

In related news, Director Harvey C. Jones sold 250,000 shares of NVIDIA stock in a transaction dated Thursday, September 18th. The stock was sold at an average price of $176.21, for a total value of $44,052,500.00. Following the sale, the director owned 7,183,280 shares of the company's stock, valued at approximately $1,265,765,768.80. The trade was a 3.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Mark A. Stevens sold 350,000 shares of the stock in a transaction that occurred on Friday, September 19th. The shares were sold at an average price of $176.39, for a total value of $61,736,500.00. Following the transaction, the director directly owned 7,399,803 shares of the company's stock, valued at $1,305,251,251.17. This trade represents a 4.52% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 4,176,470 shares of company stock worth $720,979,162. 4.17% of the stock is owned by insiders.

NVIDIA Stock Performance

NVDA opened at $177.69 on Friday. The company has a market capitalization of $4.32 trillion, a price-to-earnings ratio of 50.62, a P/E/G ratio of 1.28 and a beta of 2.10. The business's 50-day moving average price is $176.48 and its two-hundred day moving average price is $145.30. NVIDIA Corporation has a 1 year low of $86.62 and a 1 year high of $184.55. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.21 and a quick ratio of 3.60.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted 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. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The business had revenue of $46.74 billion during the quarter, compared to the consensus estimate of $45.65 billion. During the same period last year, the company earned $0.68 earnings per share. NVIDIA's quarterly revenue was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. Equities analysts expect that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 2nd. Investors of record on Thursday, September 11th will be given a $0.01 dividend. The ex-dividend date of this dividend is Thursday, September 11th. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. NVIDIA's dividend payout ratio (DPR) is 1.14%.

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.

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