Woodley Farra Manion Portfolio Management Inc. Has $2.37 Million Holdings in NVIDIA Corporation $NVDA

Woodley Farra Manion Portfolio Management Inc. lessened its stake in NVIDIA Corporation (NASDAQ:NVDA) by 16.1% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,896 shares of the computer hardware maker’s stock after selling 4,203 shares during the period. Woodley Farra Manion Portfolio Management Inc.’s holdings in NVIDIA were worth $2,373,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the stock. Dearborn Partners LLC raised its position in NVIDIA by 13.6% in the 1st quarter. Dearborn Partners LLC now owns 35,574 shares of the computer hardware maker’s stock worth $3,856,000 after purchasing an additional 4,268 shares during the last quarter. Delap Wealth Advisory LLC raised its position in NVIDIA by 9.8% in the 1st quarter. Delap Wealth Advisory LLC now owns 7,568 shares of the computer hardware maker’s stock worth $820,000 after purchasing an additional 674 shares during the last quarter. Carl P. Sherr & Co. LLC raised its position in NVIDIA by 3.2% in the 1st quarter. Carl P. Sherr & Co. LLC now owns 28,949 shares of the computer hardware maker’s stock worth $3,137,000 after purchasing an additional 907 shares during the last quarter. Tredje AP fonden raised its position in NVIDIA by 5.7% in the 1st quarter. Tredje AP fonden now owns 5,567,408 shares of the computer hardware maker’s stock worth $603,396,000 after purchasing an additional 297,953 shares during the last quarter. Finally, Squire Investment Management Company LLC raised its position in NVIDIA by 4.3% in the 1st quarter. Squire Investment Management Company LLC now owns 2,462 shares of the computer hardware maker’s stock worth $267,000 after purchasing an additional 102 shares during the last quarter. Institutional investors own 65.27% of the company’s stock.

Insider Activity at NVIDIA

In related news, Director Tench Coxe sold 1,000,000 shares of the company’s stock in a transaction on Monday, June 9th. The shares were sold at an average price of $142.80, for a total value of $142,800,000.00. Following the completion of the transaction, the director directly owned 26,671,360 shares of the company’s stock, valued at approximately $3,808,670,208. This represents a 3.61% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Mark A. Stevens sold 935,000 shares of the company’s stock in a transaction on Tuesday, June 3rd. The stock was sold at an average price of $140.92, for a total transaction of $131,760,200.00. Following the completion of the transaction, the director directly owned 9,214,697 shares of the company’s stock, valued at approximately $1,298,535,101.24. The trade was a 9.21% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 5,862,440 shares of company stock valued at $896,145,782 in the last quarter. 4.17% of the stock is currently owned by company insiders.

NVIDIA Price Performance

NVDA opened at $174.18 on Friday. The stock has a market cap of $4.23 trillion, a P/E ratio of 49.62, a P/E/G ratio of 1.58 and a beta of 2.14. The company has a quick ratio of 2.96, a current ratio of 4.21 and a debt-to-equity ratio of 0.08. NVIDIA Corporation has a 12 month low of $86.62 and a 12 month high of $184.48. The company has a fifty day simple moving average of $170.83 and a 200 day simple moving average of $139.02.

NVIDIA (NASDAQ:NVDA) last announced 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 firm had revenue of $46.74 billion during the quarter, compared to analyst estimates of $45.65 billion. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The company’s revenue for the quarter was up 55.6% compared to the same quarter last year. During the same period in the prior year, the business earned $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. On average, research analysts expect that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Announces Dividend

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

Analysts Set New Price Targets

NVDA has been the subject of several research analyst reports. Summit Insights upgraded shares of NVIDIA from a “hold” rating to a “buy” rating in a research report on Thursday, May 29th. Wolfe Research boosted their price objective on shares of NVIDIA from $220.00 to $230.00 and gave the stock an “outperform” rating in a research report on Thursday. Barclays upped their target price on shares of NVIDIA from $170.00 to $200.00 and gave the company an “overweight” rating in a research report on Tuesday, June 17th. Truist Financial upped their target price on shares of NVIDIA from $210.00 to $228.00 and gave the company a “buy” rating in a research report on Thursday. Finally, Oppenheimer reiterated an “outperform” rating and set a $225.00 target price (up previously from $200.00) on shares of NVIDIA in a research report on Thursday. Four research analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $207.69.

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.