Madison Wealth Partners Inc Sells 1,809 Shares of NVIDIA Corporation $NVDA

Madison Wealth Partners Inc decreased its position in NVIDIA Corporation (NASDAQ:NVDAFree Report) by 8.9% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 18,480 shares of the computer hardware maker’s stock after selling 1,809 shares during the quarter. NVIDIA accounts for approximately 0.6% of Madison Wealth Partners Inc’s holdings, making the stock its 25th biggest holding. Madison Wealth Partners Inc’s holdings in NVIDIA were worth $2,920,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Altus Wealth Group LLC increased its holdings in shares of NVIDIA by 12.6% during the second quarter. Altus Wealth Group LLC now owns 23,750 shares of the computer hardware maker’s stock worth $3,752,000 after buying an additional 2,654 shares in the last quarter. LMG Wealth Partners LLC increased its holdings in NVIDIA by 9.8% during the 2nd quarter. LMG Wealth Partners LLC now owns 7,708 shares of the computer hardware maker’s stock valued at $1,218,000 after purchasing an additional 687 shares in the last quarter. Calamos Wealth Management LLC raised its position in NVIDIA by 11.6% in the 2nd quarter. Calamos Wealth Management LLC now owns 818,872 shares of the computer hardware maker’s stock valued at $129,374,000 after purchasing an additional 85,307 shares during the last quarter. Socha Financial Group LLC bought a new position in NVIDIA in the 2nd quarter valued at $220,000. Finally, Parthenon LLC boosted its stake in NVIDIA by 0.8% in the second quarter. Parthenon LLC now owns 24,148 shares of the computer hardware maker’s stock worth $3,815,000 after purchasing an additional 198 shares in the last quarter. 65.27% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, Director Harvey C. Jones sold 250,000 shares of the company’s stock in a transaction dated Thursday, September 18th. The stock was sold at an average price of $176.21, for a total value of $44,052,500.00. Following the completion of the sale, the director directly owned 7,183,280 shares of the company’s stock, valued at $1,265,765,768.80. This represents a 3.36% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Mark A. Stevens sold 350,000 shares of the stock in a transaction that occurred on Friday, September 19th. The shares were sold at an average price of $176.39, for a total transaction of $61,736,500.00. Following the completion of the sale, the director owned 7,399,803 shares in the company, valued at $1,305,251,251.17. This represents a 4.52% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 3,251,577 shares of company stock worth $583,143,187. Insiders own 4.17% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently issued reports on NVDA shares. Robert W. Baird lifted their price target on NVIDIA from $195.00 to $225.00 and gave the company an “outperform” rating in a report on Monday, August 25th. BNP Paribas upgraded shares of NVIDIA to a “hold” rating in a research report on Friday, August 1st. Sanford C. Bernstein reiterated a “buy” rating on shares of NVIDIA in a research report on Tuesday, September 23rd. Stifel Nicolaus increased their price target on shares of NVIDIA from $202.00 to $212.00 and gave the company a “buy” rating in a research note on Monday, August 25th. Finally, Craig Hallum boosted their price objective on shares of NVIDIA from $195.00 to $245.00 and gave the stock a “buy” rating in a research report on Thursday, August 28th. Five equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, NVIDIA currently has a consensus rating of “Buy” and an average target price of $237.74.

Check Out Our Latest Research Report on NVIDIA

NVIDIA Price Performance

Shares of NVDA stock opened at $186.86 on Friday. The firm’s 50 day moving average price is $185.14 and its two-hundred day moving average price is $164.99. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.60 and a current ratio of 4.21. NVIDIA Corporation has a 52-week low of $86.62 and a 52-week high of $212.19. The stock has a market cap of $4.54 trillion, a PE ratio of 53.24, a PEG ratio of 1.49 and a beta of 2.11.

NVIDIA (NASDAQ:NVDAGet Free Report) last posted its quarterly earnings results 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. 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 posted $0.68 EPS. The firm’s quarterly revenue was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. As a group, analysts forecast that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, October 2nd. Shareholders of record on Thursday, September 11th were paid a $0.01 dividend. The ex-dividend date of this dividend was Thursday, September 11th. This represents a $0.04 annualized dividend and a yield of 0.0%. NVIDIA’s dividend payout ratio is presently 1.14%.

NVIDIA Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for NVIDIA (NASDAQ:NVDA)

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