Planned Solutions Inc. trimmed its position in NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 5.7% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 20,318 shares of the computer hardware maker’s stock after selling 1,237 shares during the period. NVIDIA accounts for 1.2% of Planned Solutions Inc.’s investment portfolio, making the stock its 18th biggest position. Planned Solutions Inc.’s holdings in NVIDIA were worth $3,210,000 at the end of the most recent quarter.
Other institutional investors have also recently made changes to their positions in the company. Astoria Portfolio Advisors LLC. raised its position in shares of NVIDIA by 0.9% during the 1st quarter. Astoria Portfolio Advisors LLC. now owns 93,568 shares of the computer hardware maker’s stock valued at $9,610,000 after buying an additional 864 shares in the last quarter. Fielder Capital Group LLC increased its stake in NVIDIA by 9.7% in the first quarter. Fielder Capital Group LLC now owns 50,469 shares of the computer hardware maker’s stock valued at $5,470,000 after acquiring an additional 4,444 shares during the last quarter. MADDEN SECURITIES Corp raised its position in NVIDIA by 3.2% during the second quarter. MADDEN SECURITIES Corp now owns 81,322 shares of the computer hardware maker’s stock valued at $12,848,000 after purchasing an additional 2,484 shares in the last quarter. Sentinel Pension Advisors LLC raised its position in NVIDIA by 4.1% during the second quarter. Sentinel Pension Advisors LLC now owns 2,743 shares of the computer hardware maker’s stock valued at $433,000 after purchasing an additional 107 shares in the last quarter. Finally, ORG Wealth Partners LLC lifted its stake in NVIDIA by 7.7% during the second quarter. ORG Wealth Partners LLC now owns 49,301 shares of the computer hardware maker’s stock worth $7,560,000 after purchasing an additional 3,542 shares during the last quarter. Institutional investors own 65.27% of the company’s stock.
Analysts Set New Price Targets
NVDA has been the topic of several recent research reports. Wedbush reiterated an “outperform” rating and set a $210.00 price objective on shares of NVIDIA in a research report on Thursday, August 28th. Rosenblatt Securities lifted their price target on shares of NVIDIA from $215.00 to $240.00 and gave the stock a “buy” rating in a research note on Monday, November 3rd. Morgan Stanley restated an “overweight” rating on shares of NVIDIA in a report on Wednesday, October 29th. HSBC set a $320.00 target price on shares of NVIDIA and gave the company a “buy” rating in a report on Wednesday, October 15th. Finally, Daiwa Capital Markets boosted their price target on shares of NVIDIA from $165.00 to $205.00 and gave the stock an “outperform” rating in a research note on Wednesday, September 17th. Five research analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, NVIDIA presently has an average rating of “Buy” and a consensus price target of $235.44.
NVIDIA Price Performance
Shares of NVIDIA stock opened at $193.80 on Thursday. The company’s fifty day simple moving average is $184.84 and its two-hundred day simple moving average is $164.84. NVIDIA Corporation has a 12-month low of $86.62 and a 12-month high of $212.19. The firm has a market cap of $4.71 trillion, a PE ratio of 55.21, a price-to-earnings-growth ratio of 1.49 and a beta of 2.11. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08.
NVIDIA (NASDAQ:NVDA – Get Free Report) last issued its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, beating the consensus estimate of $1.01 by $0.04. The firm had revenue of $46.74 billion during 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 company’s quarterly revenue was up 55.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. As a group, equities analysts expect that NVIDIA Corporation will post 2.77 EPS for the current year.
NVIDIA Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 2nd. Shareholders of record on Thursday, September 11th were issued a $0.01 dividend. The ex-dividend date was Thursday, September 11th. This represents a $0.04 annualized dividend and a yield of 0.0%. NVIDIA’s dividend payout ratio (DPR) is 1.14%.
Insider Buying and Selling
In related news, CEO Jen Hsun Huang sold 25,000 shares of NVIDIA stock in a transaction on Wednesday, October 29th. The shares were sold at an average price of $207.91, for a total value of $5,197,750.00. Following the sale, the chief executive officer owned 69,733,203 shares in the company, valued at $14,498,230,235.73. The trade was a 0.04% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Colette Kress sold 27,640 shares of the business’s stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $208.33, for a total transaction of $5,758,241.20. Following the transaction, the chief financial officer directly owned 2,828,122 shares in the company, valued at approximately $589,182,656.26. The trade was a 0.97% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 3,326,577 shares of company stock worth $596,625,187. Corporate insiders own 4.17% of the company’s stock.
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.
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