NVIDIA Corporation $NVDA Stake Lessened by Keener Financial Planning LLC

Keener Financial Planning LLC lessened its stake in NVIDIA Corporation (NASDAQ:NVDA) by 26.0% in the first quarter, Holdings Channel reports. The institutional investor owned 3,190 shares of the computer hardware maker’s stock after selling 1,120 shares during the quarter. NVIDIA accounts for about 0.2% of Keener Financial Planning LLC’s portfolio, making the stock its 27th largest position. Keener Financial Planning LLC’s holdings in NVIDIA were worth $345,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in NVDA. Brighton Jones LLC increased its stake in shares of NVIDIA by 12.4% in the fourth quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker’s stock worth $43,631,000 after buying an additional 35,815 shares during the last quarter. Bank Pictet & Cie Europe AG increased its stake in shares of NVIDIA by 1.0% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 2,346,417 shares of the computer hardware maker’s stock worth $315,100,000 after buying an additional 22,929 shares during the last quarter. Highview Capital Management LLC DE increased its stake in shares of NVIDIA by 6.7% in the fourth quarter. Highview Capital Management LLC DE now owns 58,396 shares of the computer hardware maker’s stock worth $7,842,000 after buying an additional 3,653 shares during the last quarter. Hudson Value Partners LLC increased its stake in shares of NVIDIA by 30.7% in the fourth quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker’s stock worth $6,805,000 after buying an additional 11,900 shares during the last quarter. Finally, Selway Asset Management bought a new stake in NVIDIA during the fourth quarter valued at $269,000. Institutional investors own 65.27% of the company’s stock.

Insider Transactions at NVIDIA

In other NVIDIA news, Director Dawn E. Hudson sold 18,000 shares of the company’s stock in a transaction dated Wednesday, September 3rd. The shares were sold at an average price of $172.00, for a total value of $3,096,000.00. Following the completion of the sale, the director directly owned 368,887 shares of the company’s stock, valued at approximately $63,448,564. This represents a 4.65% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Jen Hsun Huang sold 75,000 shares of the company’s stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $169.65, for a total transaction of $12,723,750.00. Following the completion of the sale, the chief executive officer directly owned 72,698,366 shares of the company’s stock, valued at $12,333,277,791.90. The trade was a 0.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 4,872,755 shares of company stock valued at $764,283,330 over the last three months. 4.17% of the stock is owned by corporate insiders.

NVIDIA Stock Performance

NVDA stock opened at $171.66 on Friday. The company has a market capitalization of $4.17 trillion, a P/E ratio of 48.91, a PEG ratio of 1.24 and a beta of 2.10. The company has a 50-day simple moving average of $172.55 and a 200 day simple moving average of $140.01. NVIDIA Corporation has a fifty-two week low of $86.62 and a fifty-two week high of $184.48. 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) last posted its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.04. The business 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 quarter in the prior year, the company posted $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. Sell-side analysts predict that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement

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

Analysts Set New Price Targets

Several analysts have weighed in on NVDA shares. Benchmark boosted their target price on shares of NVIDIA from $190.00 to $220.00 and gave the company a “buy” rating in a research note on Thursday, August 28th. Loop Capital boosted their target price on shares of NVIDIA from $175.00 to $250.00 and gave the company a “buy” rating in a research note on Wednesday, June 25th. Wedbush reiterated an “outperform” rating and set a $210.00 target price on shares of NVIDIA in a research note on Thursday, August 28th. Citigroup reiterated a “buy” rating and set a $210.00 target price (up previously from $190.00) on shares of NVIDIA in a research note on Thursday, August 28th. Finally, UBS Group boosted their target price on shares of NVIDIA from $175.00 to $205.00 and gave the company a “buy” rating in a research note on Thursday, August 21st. Four research analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $207.69.

NVIDIA 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.