NVIDIA Corporation $NVDA is Ranch Capital Advisors Inc.'s 6th Largest Position

Key Points

• Ranch Capital Advisors Inc. reduced its stake in NVIDIA Corporation by 6.9% during the first quarter, selling 3,916 shares and now holds 53,147 shares worth approximately $5.76 million.
• CEO Jen Hsun Huang and Director Dawn E. Hudson sold significant amounts of NVIDIA shares, reducing their ownership percentages in the company.
• Analysts have increased their price targets for NVIDIA, with a consensus target price now at $207.69, reflecting generally optimistic sentiment toward the stock.

Ranch Capital Advisors Inc. lessened its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 6.9% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 53,147 shares of the computer hardware maker's stock after selling 3,916 shares during the quarter. NVIDIA makes up about 2.7% of Ranch Capital Advisors Inc.'s investment portfolio, making the stock its 6th largest position. Ranch Capital Advisors Inc.'s holdings in NVIDIA were worth $5,760,000 as of its most recent filing with the SEC.

Other hedge funds have also recently modified their holdings of the company. Copia Wealth Management purchased a new position in shares of NVIDIA in the fourth quarter worth $50,000. LSV Asset Management purchased a new stake in NVIDIA during the fourth quarter valued at $54,000. Kathleen S. Wright Associates Inc. raised 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 valued at $44,000 after purchasing an additional 254 shares in the last quarter. Barnes Dennig Private Wealth Management LLC purchased a new stake in NVIDIA during the first quarter valued at $51,000. Finally, Bruce G. Allen Investments LLC raised its stake in NVIDIA by 198.2% during the first 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 in the last quarter. Hedge funds and other institutional investors own 65.27% of the company's stock.

Insider Transactions at NVIDIA

In related news, CEO Jen Hsun Huang sold 75,000 shares of the company's stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $169.65, for a total value of $12,723,750.00. Following the completion of the sale, the chief executive officer directly owned 72,698,366 shares of the company's stock, valued at $12,333,277,791.90. This represents a 0.10% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Dawn E. Hudson sold 18,000 shares of the company's stock in a transaction dated Wednesday, September 3rd. The stock was sold at an average price of $172.00, for a total transaction of $3,096,000.00. Following the completion of the sale, the director directly owned 368,887 shares of the company's stock, valued at approximately $63,448,564. This trade represents a 4.65% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 4,872,755 shares of company stock valued at $764,283,330. 4.17% of the stock is owned by insiders.

Wall Street Analyst Weigh In

NVDA has been the topic of a number of recent research reports. JPMorgan Chase & Co. reaffirmed an "overweight" rating and set a $215.00 price target on shares of NVIDIA in a research note on Thursday. Wells Fargo & Company upped their price target on shares of NVIDIA from $185.00 to $220.00 and gave the company an "overweight" rating in a research note on Monday, August 11th. Cantor Fitzgerald reaffirmed an "overweight" rating and set a $240.00 price target on shares of NVIDIA in a research note on Thursday, August 28th. Bank of America upped their price target on shares of NVIDIA from $220.00 to $235.00 and gave the company a "buy" rating in a research note on Thursday, August 28th. Finally, Robert W. Baird upped their price target on shares of NVIDIA from $195.00 to $225.00 and gave the company an "outperform" rating in a research note on Monday, August 25th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, NVIDIA currently has an average rating of "Moderate Buy" and a consensus price target of $207.69.

NVIDIA Trading Down 2.7%

Shares of NASDAQ NVDA traded down $4.64 during mid-day trading on Friday, reaching $167.02. The company had a trading volume of 223,875,375 shares, compared to its average volume of 167,410,624. The business's 50-day moving average is $172.73 and its 200-day moving average is $140.21. 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 stock has a market cap of $4.06 trillion, a price-to-earnings ratio of 47.58, a price-to-earnings-growth ratio of 1.21 and a beta of 2.10. NVIDIA Corporation has a 52 week low of $86.62 and a 52 week high of $184.48.

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

NVIDIA Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 2nd. Investors of record on Thursday, September 11th will be paid 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 is 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.