NVIDIA Corporation $NVDA Shares Sold by Matauro LLC

Matauro LLC lessened its position in NVIDIA Corporation (NASDAQ:NVDA) by 5.1% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 16,913 shares of the computer hardware maker’s stock after selling 916 shares during the period. Matauro LLC’s holdings in NVIDIA were worth $2,672,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Legend Financial Advisors Inc. acquired a new position in shares of NVIDIA in the second quarter valued at approximately $55,000. Kathleen S. Wright Associates Inc. raised its position in shares of NVIDIA by 169.3% in the first quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker’s stock valued at $44,000 after buying an additional 254 shares during the last quarter. Westend Capital Management LLC raised its position in shares of NVIDIA by 46.8% in the second quarter. Westend Capital Management LLC now owns 455 shares of the computer hardware maker’s stock valued at $72,000 after buying an additional 145 shares during the last quarter. Barnes Dennig Private Wealth Management LLC acquired a new position in NVIDIA during the first quarter worth approximately $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 worth $53,000 after purchasing an additional 327 shares during the period. Institutional investors and hedge funds own 65.27% of the company’s stock.

Insider Activity

In other news, CEO Jen Hsun Huang sold 75,000 shares of the company’s stock in a transaction dated Wednesday, October 15th. The shares were sold at an average price of $181.01, for a total value of $13,575,750.00. Following the sale, the chief executive officer owned 70,333,203 shares in the company, valued at approximately $12,731,013,075.03. This represents a 0.11% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In the last quarter, insiders have sold 3,678,937 shares of company stock valued at $654,837,526. Corporate insiders own 4.17% of the company’s stock.

Analyst Upgrades and Downgrades

NVDA has been the subject of several research reports. Phillip Securities raised shares of NVIDIA from a “moderate buy” rating to a “strong-buy” rating in a research note on Monday, July 14th. Daiwa Capital Markets boosted their price objective on shares of NVIDIA from $165.00 to $205.00 and gave the company an “outperform” rating in a research note on Wednesday, September 17th. Robert W. Baird boosted their price objective 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. HSBC set a $320.00 price objective on shares of NVIDIA and gave the company a “buy” rating in a research note on Wednesday. Finally, Wells Fargo & Company boosted their price objective 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. Five analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $222.23.

NVIDIA Stock Up 0.8%

Shares of NVIDIA stock opened at $183.22 on Monday. The company has a fifty day moving average price of $179.40 and a 200 day moving average price of $153.63. The company has a current ratio of 4.21, a quick ratio of 3.60 and a debt-to-equity ratio of 0.08. NVIDIA Corporation has a twelve month low of $86.62 and a twelve month high of $195.62. The stock has a market cap of $4.45 trillion, a price-to-earnings ratio of 52.20, a price-to-earnings-growth ratio of 1.32 and a beta of 2.12.

NVIDIA (NASDAQ:NVDA) last posted its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share for the quarter, beating analysts’ consensus estimates of $1.01 by $0.04. The company had revenue of $46.74 billion during 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 firm’s revenue for the quarter was up 55.6% on a year-over-year basis. During the same period in the prior year, the company posted $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. Equities research analysts forecast that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th were paid a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.0%. The ex-dividend date was Thursday, September 11th. 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.