Tiller Private Wealth Inc. Trims Holdings in NVIDIA Corporation $NVDA

Key Points

• Tiller Private Wealth Inc. reduced its stake in NVIDIA Corporation by 16.6%, now holding 12,325 shares, which is valued at approximately $1,948,000.
• Several other large investors, such as Kingstone Capital Partners Texas LLC, significantly increased their holdings in NVIDIA, with Kingstone lifting its stake by a staggering 267,959.7%.
• Analyst reports show a positive outlook for NVIDIA, with various firms raising their price targets, including an increase to $300.00 from Cantor Fitzgerald, amidst several "buy" ratings from leading analysts.

Tiller Private Wealth Inc. decreased its stake in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 16.6% during the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 12,325 shares of the computer hardware maker's stock after selling 2,454 shares during the quarter. NVIDIA comprises 0.7% of Tiller Private Wealth Inc.'s holdings, making the stock its 17th largest position. Tiller Private Wealth Inc.'s holdings in NVIDIA were worth $1,948,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the business. Kingstone Capital Partners Texas LLC lifted its stake in shares of NVIDIA by 267,959.7% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 382,373,765 shares of the computer hardware maker's stock valued at $64,976,521,000 after purchasing an additional 382,231,120 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of NVIDIA by 2.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 206,794,926 shares of the computer hardware maker's stock valued at $22,412,434,000 after purchasing an additional 5,896,735 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of NVIDIA by 123.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 187,995,213 shares of the computer hardware maker's stock valued at $20,374,921,000 after purchasing an additional 103,889,872 shares during the last quarter. Nuveen LLC acquired a new position in shares of NVIDIA in the 1st quarter valued at $15,089,414,000. Finally, Amundi lifted its stake in shares of NVIDIA by 16.0% in the 1st quarter. Amundi now owns 135,770,043 shares of the computer hardware maker's stock valued at $13,826,199,000 after purchasing an additional 18,733,431 shares during the last quarter. Institutional investors and hedge funds own 65.27% of the company's stock.

Analyst Upgrades and Downgrades

NVDA has been the topic of several recent analyst reports. Oppenheimer reaffirmed an "outperform" rating and issued a $225.00 price target (up previously from $200.00) on shares of NVIDIA in a research note on Thursday, August 28th. Morgan Stanley upped their price target on NVIDIA from $206.00 to $210.00 and gave the company an "overweight" rating in a research note on Thursday, August 28th. Stifel Nicolaus boosted their price objective on NVIDIA from $202.00 to $212.00 and gave the company a "buy" rating in a report on Monday, August 25th. The Goldman Sachs Group set a $210.00 price objective on NVIDIA and gave the company a "buy" rating in a report on Monday. Finally, Cantor Fitzgerald set a $300.00 price objective on NVIDIA and gave the company an "overweight" rating in a report on Thursday. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $212.84.

Insider Transactions at NVIDIA

In other news, CEO Jen Hsun Huang sold 75,000 shares of the company's stock in a transaction dated Wednesday, July 30th. The stock was sold at an average price of $178.74, for a total transaction of $13,405,500.00. Following the completion of the transaction, the chief executive officer directly owned 73,748,225 shares of the company's stock, valued at approximately $13,181,757,736.50. This represents a 0.10% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Mark A. Stevens sold 350,000 shares of the company's stock in a transaction dated Friday, September 19th. The stock was 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 approximately $1,305,251,251.17. This 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 3,925,379 shares of company stock valued at $694,277,421. 4.17% of the stock is currently owned by corporate insiders.

NVIDIA Price Performance

Shares of NASDAQ NVDA opened at $183.16 on Friday. The stock's 50-day moving average is $179.16 and its two-hundred day moving average is $150.49. 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 Corporation has a 1-year low of $86.62 and a 1-year high of $195.62. The company has a market cap of $4.45 trillion, a price-to-earnings ratio of 52.18, a price-to-earnings-growth ratio of 1.39 and a beta of 2.12.

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

NVIDIA Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th were given a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. The ex-dividend date of this dividend was Thursday, September 11th. NVIDIA's dividend payout ratio is currently 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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