Tempus Wealth Planning LLC Sells 9,706 Shares of NVIDIA Corporation $NVDA

Key Points

• Tempus Wealth Planning LLC decreased its stake in NVIDIA by 11.9% during the second quarter, selling 9,706 shares, while still holding 72,015 shares valued at approximately $11.38 million.
• Multiple other institutional investors have also adjusted their positions in NVIDIA, with Brighton Jones LLC increasing its stake by 12.4% and Hudson Value Partners LLC by 30.7% in the previous quarter.
• NVIDIA has received various analyst ratings, with the average rating being "Moderate Buy" and a price target of approximately $212.84, reflecting strong market interest despite recent insider selling activities.

Tempus Wealth Planning LLC lowered its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 11.9% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 72,015 shares of the computer hardware maker's stock after selling 9,706 shares during the quarter. NVIDIA makes up approximately 2.8% of Tempus Wealth Planning LLC's investment portfolio, making the stock its 2nd largest position. Tempus Wealth Planning LLC's holdings in NVIDIA were worth $11,378,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Brighton Jones LLC lifted its stake in NVIDIA by 12.4% in the 4th quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker's stock valued at $43,631,000 after purchasing an additional 35,815 shares during the last quarter. Bank Pictet & Cie Europe AG lifted its stake in NVIDIA by 1.0% in the 4th quarter. Bank Pictet & Cie Europe AG now owns 2,346,417 shares of the computer hardware maker's stock valued at $315,100,000 after purchasing an additional 22,929 shares during the last quarter. Highview Capital Management LLC DE lifted its stake in NVIDIA by 6.7% in the 4th quarter. Highview Capital Management LLC DE now owns 58,396 shares of the computer hardware maker's stock valued at $7,842,000 after purchasing an additional 3,653 shares during the last quarter. Hudson Value Partners LLC lifted its stake in NVIDIA by 30.7% in the 4th quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker's stock valued at $6,805,000 after purchasing an additional 11,900 shares during the last quarter. Finally, Talbot Financial LLC lifted its stake in NVIDIA by 0.8% in the 1st quarter. Talbot Financial LLC now owns 231,385 shares of the computer hardware maker's stock valued at $25,078,000 after purchasing an additional 1,888 shares during the last quarter. Institutional investors and hedge funds own 65.27% of the company's stock.

Insiders Place Their Bets

In other NVIDIA news, CFO Colette Kress sold 30,500 shares of the company's stock in a transaction on Friday, September 19th. The shares were sold at an average price of $176.40, for a total transaction of $5,380,200.00. Following the sale, the chief financial officer owned 2,883,402 shares of the company's stock, valued at approximately $508,632,112.80. This represents a 1.05% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Jen Hsun Huang sold 75,000 shares of the company's stock in a transaction on Friday, October 10th. The shares were sold at an average price of $190.20, for a total transaction of $14,265,000.00. Following the sale, the chief executive officer directly owned 70,558,203 shares in the company, valued at $13,420,170,210.60. This trade represents a 0.11% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 3,925,379 shares of company stock worth $694,277,421 in the last ninety days. Insiders own 4.17% of the company's stock.

Analyst Upgrades and Downgrades

NVDA has been the topic of several research analyst reports. Needham & Company LLC reissued a "buy" rating and issued a $200.00 price target on shares of NVIDIA in a report on Thursday, August 28th. New Street Research increased their price target on shares of NVIDIA from $200.00 to $235.00 and gave the company a "buy" rating in a report on Friday, September 12th. Rosenblatt Securities reissued a "buy" rating and issued a $215.00 price target on shares of NVIDIA in a report on Tuesday, September 23rd. Wall Street Zen cut shares of NVIDIA from a "buy" rating to a "hold" rating in a report on Saturday. Finally, TD Cowen increased their price target on shares of NVIDIA from $140.00 to $235.00 and gave the company a "buy" rating in a report on Tuesday, August 19th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-seven have given a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, NVIDIA presently has an average rating of "Moderate Buy" and an average price target of $212.84.

NVIDIA Stock Performance

Shares of NVIDIA stock opened at $183.16 on Friday. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08. The stock has a market cap of $4.45 trillion, a price-to-earnings ratio of 52.18, a P/E/G ratio of 1.39 and a beta of 2.12. The company's fifty day moving average is $179.16 and its 200 day moving average is $150.49. NVIDIA Corporation has a twelve month low of $86.62 and a twelve month high of $195.62.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its quarterly 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. The business 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 quarterly revenue was up 55.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. Sell-side analysts forecast that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, October 2nd. Shareholders of record on Thursday, September 11th were given a dividend of $0.01 per share. The ex-dividend date of this dividend was 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%.

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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