Valley Forge Investment Consultants Inc. ADV Reduces Stake in NVIDIA Corporation $NVDA

Key Points

• Valley Forge Investment Consultants Inc. ADV has reduced its holdings in NVIDIA Corporation by 23.1%, selling 2,048 shares to hold a total of 6,822 shares worth $739,000.
• NVIDIA's CEO, Jen Hsun Huang, and CFO, Colette Kress, have recently sold significant amounts of stock, with insiders selling a total of 5,862,440 shares valued at nearly $896 million in the last 90 days.
• Recent analyst upgrades have increased NVIDIA's target stock price, with estimates now ranging from $205.00 to $228.00, reinforcing a consensus rating of "Moderate Buy."

Valley Forge Investment Consultants Inc. ADV decreased its stake in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 23.1% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,822 shares of the computer hardware maker's stock after selling 2,048 shares during the period. Valley Forge Investment Consultants Inc. ADV's holdings in NVIDIA were worth $739,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in NVDA. Brighton Jones LLC grew its holdings in shares of NVIDIA by 12.4% during the fourth quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker's stock worth $43,631,000 after buying an additional 35,815 shares in the last quarter. Bank Pictet & Cie Europe AG grew its stake in shares of NVIDIA by 1.0% in the fourth 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 buying an additional 22,929 shares in the last quarter. Highview Capital Management LLC DE grew its stake in shares of NVIDIA by 6.7% in the fourth quarter. Highview Capital Management LLC DE now owns 58,396 shares of the computer hardware maker's stock valued at $7,842,000 after buying an additional 3,653 shares in the last quarter. Hudson Value Partners LLC boosted its position in NVIDIA by 30.7% during the fourth quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker's stock worth $6,805,000 after purchasing an additional 11,900 shares during the period. Finally, RWA Wealth Partners LLC boosted its position in NVIDIA by 10.1% during the fourth quarter. RWA Wealth Partners LLC now owns 301,389 shares of the computer hardware maker's stock worth $40,241,000 after purchasing an additional 27,635 shares during the period. Institutional investors and hedge funds own 65.27% of the company's stock.

Analyst Ratings Changes

A number of research analysts recently commented on the company. Stifel Nicolaus boosted their price target on NVIDIA from $202.00 to $212.00 and gave the company a "buy" rating in a research note on Monday, August 25th. TD Cowen increased their price target on NVIDIA from $140.00 to $235.00 and gave the stock a "buy" rating in a report on Tuesday, August 19th. Jefferies Financial Group upped their target price on NVIDIA from $200.00 to $205.00 and gave the stock a "buy" rating in a research report on Thursday. Mizuho increased their price target on NVIDIA from $192.00 to $205.00 and gave the company an "outperform" rating in a research report on Thursday, August 14th. Finally, Sanford C. Bernstein reissued an "outperform" rating and issued a $225.00 price target (up from $185.00) on shares of NVIDIA in a research report on Thursday. Four equities research 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 stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $207.69.

NVIDIA Stock Performance

Shares of NASDAQ NVDA traded down $5.99 during midday trading on Friday, hitting $174.18. 242,604,296 shares of the stock traded hands, compared to its average volume of 168,293,824. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.96 and a current ratio of 4.21. The firm has a market capitalization of $4.23 trillion, a P/E ratio of 49.62, a PEG ratio of 1.52 and a beta of 2.14. NVIDIA Corporation has a one year low of $86.62 and a one year high of $184.48. The firm has a 50-day moving average of $170.83 and a two-hundred day moving average of $139.08.

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, 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 company had revenue of $46.74 billion for the quarter, compared to analysts' expectations of $45.65 billion. During the same period last year, the firm earned $0.68 EPS. NVIDIA's revenue for the quarter was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. On average, equities analysts forecast that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 2nd. Investors of record on Thursday, September 11th will be issued 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 is Thursday, September 11th. NVIDIA's dividend payout ratio (DPR) is currently 1.14%.

Insider Buying and Selling

In other NVIDIA news, CEO Jen Hsun Huang sold 75,000 shares of the firm's stock in a transaction dated Wednesday, June 25th. The stock was sold at an average price of $152.54, for a total transaction of $11,440,500.00. Following the sale, the chief executive officer directly owned 75,548,225 shares of the company's stock, valued at $11,524,126,241.50. This trade 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 Tench Coxe sold 1,000,000 shares of the firm's stock in a transaction dated Monday, June 9th. The shares were sold at an average price of $142.80, for a total value of $142,800,000.00. Following the sale, the director directly owned 26,671,360 shares in the company, valued at approximately $3,808,670,208. This represents a 3.61% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 5,862,440 shares of company stock valued at $896,145,782 in the last 90 days. 4.17% of the stock is owned by company insiders.

NVIDIA 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.