NVIDIA Corporation $NVDA Stock Holdings Trimmed by Chapin Davis Inc.

Key Points

• Chapin Davis Inc. reduced its holdings in NVIDIA Corporation by 40.1% in the 2nd quarter, now owning 75,576 shares, which accounts for 3.3% of its portfolio.
• NVIDIA's recent earnings report showed a 55.6% increase in revenue year-over-year, totaling $46.74 billion and an EPS of $1.05, surpassing analysts' expectations.
• The company announced a quarterly dividend of $0.01 per share, with the ex-dividend date on September 11th, reflecting a very low annualized yield of 0.0%.

Chapin Davis Inc. trimmed its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 40.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 75,576 shares of the computer hardware maker's stock after selling 50,681 shares during the quarter. NVIDIA accounts for about 3.3% of Chapin Davis Inc.'s portfolio, making the stock its 3rd largest position. Chapin Davis Inc.'s holdings in NVIDIA were worth $11,940,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Kathleen S. Wright Associates Inc. grew its stake in NVIDIA by 169.3% during the 1st quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker's stock worth $44,000 after buying an additional 254 shares during the last quarter. Copia Wealth Management purchased a new stake in NVIDIA during the 4th quarter valued at about $50,000. Barnes Dennig Private Wealth Management LLC purchased a new stake in NVIDIA during the 1st quarter valued at about $51,000. Bruce G. Allen Investments LLC grew its stake 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 last quarter. Finally, Campbell Capital Management Inc. grew its stake in NVIDIA by 5,900.0% during the 1st quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker's stock valued at $65,000 after purchasing an additional 590 shares during the last quarter. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

NVIDIA Price Performance

Shares of NVIDIA stock opened at $186.44 on Wednesday. The business has a 50 day simple moving average of $177.20 and a two-hundred day simple moving average of $146.90. NVIDIA Corporation has a 12 month low of $86.62 and a 12 month high of $187.35. The stock has a market capitalization of $4.53 trillion, a P/E ratio of 53.12, a PEG ratio of 1.32 and a beta of 2.10. 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 announced its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, beating 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 analysts' expectations of $45.65 billion. During the same quarter in the prior year, the firm earned $0.68 earnings per share. The business's revenue was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. As a group, analysts predict that NVIDIA Corporation will post 2.77 EPS for the current fiscal 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 issued a dividend of $0.01 per share. The ex-dividend date of this dividend is Thursday, September 11th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.0%. NVIDIA's dividend payout ratio is presently 1.14%.

Wall Street Analysts Forecast Growth

NVDA has been the topic of several research analyst reports. Evercore ISI boosted their price target on NVIDIA from $214.00 to $225.00 and gave the company an "outperform" rating in a research note on Tuesday, September 23rd. Wall Street Zen upgraded NVIDIA from a "hold" rating to a "buy" rating in a research note on Friday, September 5th. Mizuho boosted their price target on NVIDIA from $192.00 to $205.00 and gave the company an "outperform" rating in a research note on Thursday, August 14th. Piper Sandler set a $225.00 price target on NVIDIA and gave the company an "overweight" rating in a research note on Wednesday, August 13th. Finally, Benchmark boosted their price objective on NVIDIA from $190.00 to $220.00 and gave the company a "buy" rating in a report on Thursday, August 28th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-six have assigned a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, NVIDIA currently has an average rating of "Moderate Buy" and an average target price of $211.00.

Insider Buying and Selling at NVIDIA

In other NVIDIA news, CEO Jen Hsun Huang sold 75,000 shares of the stock in a transaction that occurred on Monday, July 14th. The stock was sold at an average price of $164.36, for a total transaction of $12,327,000.00. Following the completion of the transaction, the chief executive officer owned 74,648,225 shares of the company's stock, valued at $12,269,182,261. This represents a 0.10% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 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. The trade was a 4.52% decrease in their position. The disclosure for this sale can be found here. Insiders sold 4,022,407 shares of company stock valued at $700,382,754 over the last quarter. 4.17% of the stock is currently owned by insiders.

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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