Johnson & White Wealth Management LLC Decreases Stock Holdings in NVIDIA Corporation $NVDA

Johnson & White Wealth Management LLC lowered its stake in shares of NVIDIA Corporation (NASDAQ:NVDA) by 0.7% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 43,250 shares of the computer hardware maker’s stock after selling 294 shares during the quarter. NVIDIA makes up approximately 3.4% of Johnson & White Wealth Management LLC’s holdings, making the stock its 8th biggest holding. Johnson & White Wealth Management LLC’s holdings in NVIDIA were worth $6,833,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Kingstone Capital Partners Texas LLC boosted 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 boosted 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. boosted 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 bought a new position in shares of NVIDIA in the 1st quarter valued at about $15,089,414,000. Finally, Amundi boosted 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 own 65.27% of the company’s stock.

NVIDIA Stock Performance

Shares of NASDAQ:NVDA opened at $183.16 on Monday. The company has a market capitalization of $4.45 trillion, a price-to-earnings ratio of 52.18, a P/E/G ratio of 1.32 and a beta of 2.12. The firm’s 50 day simple moving average is $179.16 and its 200 day simple moving average is $151.02. 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 fifty-two week low of $86.62 and a fifty-two week high of $195.62.

NVIDIA (NASDAQ:NVDA) last announced its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, topping the consensus estimate of $1.01 by $0.04. The firm had revenue of $46.74 billion for the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same period last year, the company posted $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. As a group, sell-side analysts forecast that NVIDIA Corporation will post 2.77 earnings per share 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 issued a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a yield of 0.0%. The ex-dividend date was Thursday, September 11th. NVIDIA’s dividend payout ratio (DPR) is 1.14%.

Insider Activity at NVIDIA

In other NVIDIA news, CFO Colette Kress sold 30,500 shares of the firm’s stock in a transaction that occurred 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 directly owned 2,883,402 shares in the company, valued at approximately $508,632,112.80. This trade represents a 1.05% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Jen Hsun Huang sold 75,000 shares of the firm’s stock in a transaction that occurred on Friday, October 10th. The stock was sold at an average price of $190.20, for a total transaction of $14,265,000.00. Following the sale, the chief executive officer owned 70,558,203 shares in the company, valued at $13,420,170,210.60. This trade represents a 0.11% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 3,801,587 shares of company stock worth $673,950,484 over the last 90 days. Corporate insiders own 4.17% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently issued reports on NVDA. Jefferies Financial Group reaffirmed a “buy” rating and issued a $220.00 target price (up previously from $205.00) on shares of NVIDIA in a research note on Monday, September 29th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $215.00 target price on shares of NVIDIA in a research note on Tuesday, September 23rd. BNP Paribas raised shares of NVIDIA to a “hold” rating in a research note on Friday, August 1st. New Street Research raised their target price on shares of NVIDIA from $200.00 to $235.00 and gave the company a “buy” rating in a research note on Friday, September 12th. Finally, Citigroup reaffirmed a “buy” rating and issued a $210.00 target price (up previously from $200.00) on shares of NVIDIA in a research note on Tuesday, September 30th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-seven have given a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, NVIDIA presently has a consensus rating of “Moderate Buy” and a consensus target price of $212.84.

NVIDIA Company 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.