RVW Wealth LLC Sells 3,212 Shares of NVIDIA Corporation $NVDA

Key Points

• RVW Wealth LLC reduced its stake in NVIDIA Corporation by 9.3%, selling 3,212 shares and now holding a total of 31,166 shares valued at approximately $4.92 million.
• Insider transactions revealed that NVIDIA's CFO and a director sold significant shares, with CFO Colette Kress selling 30,500 shares for over $5.38 million, diminishing her ownership by 1.05%.
• NVIDIA reported strong earnings with a revenue increase of 55.6% year-over-year, achieving $46.74 billion in revenue and surpassing analysts' estimates.

RVW Wealth LLC lessened its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 9.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 31,166 shares of the computer hardware maker's stock after selling 3,212 shares during the period. RVW Wealth LLC's holdings in NVIDIA were worth $4,924,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in NVDA. Copia Wealth Management bought a new stake in shares of NVIDIA during the 4th quarter valued at about $50,000. Kathleen S. Wright Associates Inc. boosted its position in shares of NVIDIA by 169.3% during the 1st 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. Westend Capital Management LLC boosted its position in shares of NVIDIA by 46.8% during the 2nd quarter. Westend Capital Management LLC now owns 455 shares of the computer hardware maker's stock valued at $72,000 after purchasing an additional 145 shares in the last quarter. Barnes Dennig Private Wealth Management LLC bought a new stake in shares of NVIDIA during the 1st quarter valued at about $51,000. Finally, Bruce G. Allen Investments LLC boosted its position in shares of 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 in the last quarter. Institutional investors own 65.27% of the company's stock.

Insider Transactions at NVIDIA

In other NVIDIA news, CFO Colette Kress sold 30,500 shares of the firm's stock in a transaction on Friday, September 19th. The stock was sold at an average price of $176.40, for a total value of $5,380,200.00. Following the completion of the sale, the chief financial officer directly owned 2,883,402 shares of the company's stock, valued at $508,632,112.80. This trade represents a 1.05% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Persis Drell sold 40,000 shares of the firm's stock in a transaction on Friday, September 19th. The stock was sold at an average price of $177.65, for a total value of $7,106,000.00. Following the completion of the transaction, the director directly owned 138,740 shares of the company's stock, valued at $24,647,161. The trade was a 22.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 4,097,407 shares of company stock valued at $714,378,504. Corporate insiders own 4.17% of the company's stock.

NVIDIA Stock Performance

NASDAQ:NVDA opened at $187.62 on Friday. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.21 and a quick ratio of 3.60. The business has a fifty day simple moving average of $178.11 and a two-hundred day simple moving average of $148.36. NVIDIA Corporation has a 1 year low of $86.62 and a 1 year high of $191.05. The company has a market capitalization of $4.56 trillion, a P/E ratio of 53.45, a P/E/G ratio of 1.36 and a beta of 2.12.

NVIDIA (NASDAQ:NVDA - Get Free Report) last released its earnings results 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 business posted $0.68 earnings per share. The business's revenue for the quarter was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. On average, analysts expect that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Dividend Announcement

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

Analysts Set New Price Targets

Several brokerages recently commented on NVDA. Cantor Fitzgerald restated an "overweight" rating and set a $240.00 target price on shares of NVIDIA in a research report on Friday. BNP Paribas upgraded NVIDIA to a "hold" rating in a research report on Friday, August 1st. Needham & Company LLC restated a "buy" rating and set a $200.00 target price on shares of NVIDIA in a research report on Thursday, August 28th. Benchmark increased their price target on NVIDIA from $190.00 to $220.00 and gave the stock a "buy" rating in a report on Thursday, August 28th. Finally, DA Davidson upgraded NVIDIA from a "neutral" rating to a "buy" rating and increased their price target for the stock from $195.00 to $210.00 in a report on Thursday, September 11th. Four research analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $211.00.

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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