NVIDIA Corporation $NVDA Position Cut by Huntleigh Advisors Inc.

Huntleigh Advisors Inc. decreased its stake in NVIDIA Corporation (NASDAQ:NVDA) by 4.2% in the second quarter, Holdings Channel.com reports. The firm owned 394,492 shares of the computer hardware maker’s stock after selling 17,106 shares during the period. NVIDIA comprises about 12.0% of Huntleigh Advisors Inc.’s holdings, making the stock its biggest position. Huntleigh Advisors Inc.’s holdings in NVIDIA were worth $62,326,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the stock. Harbor Asset Planning Inc. bought a new stake in shares of NVIDIA in the 2nd quarter worth about $28,000. Kathleen S. Wright Associates Inc. grew its holdings in NVIDIA by 169.3% during the 1st quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker’s stock valued at $44,000 after purchasing an additional 254 shares during the last quarter. Barnes Dennig Private Wealth Management LLC purchased a new stake in NVIDIA in the 1st quarter worth about $51,000. Legend Financial Advisors Inc. bought a new stake in NVIDIA in the second quarter worth about $55,000. Finally, Campbell Capital Management Inc. boosted its position in shares of NVIDIA by 5,900.0% during the first quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker’s stock valued at $65,000 after buying an additional 590 shares during the period. Institutional investors own 65.27% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on NVDA shares. Oppenheimer reiterated an “outperform” rating and issued a $225.00 price target (up from $200.00) on shares of NVIDIA in a report on Thursday, August 28th. The Goldman Sachs Group reiterated a “buy” rating and issued a $240.00 target price (up previously from $210.00) on shares of NVIDIA in a research note on Friday, October 31st. Citigroup lifted their target price on NVIDIA from $210.00 to $220.00 and gave the stock a “buy” rating in a research report on Monday. Evercore ISI set a $261.00 price target on shares of NVIDIA and gave the stock an “outperform” rating in a report on Wednesday, October 29th. Finally, DA Davidson set a $250.00 price target on shares of NVIDIA and gave the stock a “buy” rating in a research note on Wednesday, October 29th. Five analysts have rated the stock with a Strong Buy rating, forty have given a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of $234.00.

NVIDIA Stock Up 5.8%

Shares of NVIDIA stock opened at $199.05 on Tuesday. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.21 and a quick ratio of 3.60. The stock has a market cap of $4.84 trillion, a price-to-earnings ratio of 56.71, a PEG ratio of 1.49 and a beta of 2.11. The firm’s 50-day moving average is $183.93 and its two-hundred day moving average is $164.05. NVIDIA Corporation has a 1 year low of $86.62 and a 1 year high of $212.19.

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

NVIDIA Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 2nd. Shareholders of record on Thursday, September 11th were paid 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 payout ratio is presently 1.14%.

Insider Buying and Selling

In related news, CEO Jen Hsun Huang sold 25,000 shares of the firm’s stock in a transaction on Wednesday, October 29th. The shares were sold at an average price of $207.91, for a total transaction of $5,197,750.00. Following the sale, the chief executive officer owned 69,733,203 shares in the company, valued at approximately $14,498,230,235.73. This trade represents a 0.04% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Colette Kress sold 27,640 shares of the company’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $208.33, for a total transaction of $5,758,241.20. Following the completion of the transaction, the chief financial officer owned 2,828,122 shares of the company’s stock, valued at approximately $589,182,656.26. This trade represents a 0.97% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 3,401,577 shares of company stock worth $610,228,687. 4.17% of the stock is owned by insiders.

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.