NVIDIA Corporation $NVDA Shares Sold by Financial Partners Group Inc

Financial Partners Group Inc lowered its stake in NVIDIA Corporation (NASDAQ:NVDA) by 5.4% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 40,392 shares of the computer hardware maker’s stock after selling 2,289 shares during the quarter. NVIDIA comprises 0.9% of Financial Partners Group Inc’s portfolio, making the stock its 29th largest position. Financial Partners Group Inc’s holdings in NVIDIA were worth $6,382,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of the stock. Kingstone Capital Partners Texas LLC grew its holdings in NVIDIA by 267,959.7% during 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 in the last quarter. Nuveen LLC acquired a new stake in NVIDIA during the 1st quarter valued at approximately $15,089,414,000. Goldman Sachs Group Inc. grew its stake in NVIDIA by 123.5% during 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 in the last quarter. GAMMA Investing LLC grew its stake in NVIDIA by 12,173.2% during the 1st quarter. GAMMA Investing LLC now owns 48,837,781 shares of the computer hardware maker’s stock valued at $5,293,039,000 after purchasing an additional 48,439,859 shares in the last quarter. Finally, Assenagon Asset Management S.A. grew its stake in NVIDIA by 204.6% during the 1st quarter. Assenagon Asset Management S.A. now owns 35,652,571 shares of the computer hardware maker’s stock valued at $3,864,026,000 after purchasing an additional 23,948,733 shares in the last quarter. Institutional investors and hedge funds own 65.27% of the company’s stock.

NVIDIA Trading Up 0.9%

NASDAQ:NVDA opened at $188.89 on Friday. NVIDIA Corporation has a 12-month low of $86.62 and a 12-month high of $191.05. The firm has a market capitalization of $4.59 trillion, a P/E ratio of 53.81, a P/E/G ratio of 1.35 and a beta of 2.12. 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 business has a 50 day simple moving average of $177.83 and a 200 day simple moving average of $147.65.

NVIDIA (NASDAQ:NVDA) last released its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.01 by $0.04. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The business had revenue of $46.74 billion during the quarter, compared to analyst estimates of $45.65 billion. During the same quarter in the previous year, the firm posted $0.68 EPS. The business’s revenue for the quarter was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. Equities research analysts predict that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Dividend Announcement

The company also recently announced 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 dividend on an annualized basis and a yield of 0.0%. The ex-dividend date of this dividend was Thursday, September 11th. NVIDIA’s payout ratio is presently 1.14%.

Insider Buying and Selling at NVIDIA

In other NVIDIA news, Director Harvey C. Jones sold 250,000 shares of the business’s stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $176.21, for a total transaction of $44,052,500.00. Following the completion of the transaction, the director directly owned 7,183,280 shares of the company’s stock, valued at $1,265,765,768.80. The trade was a 3.36% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Jen Hsun Huang sold 75,000 shares of the business’s stock in a transaction dated Monday, July 14th. The shares were sold at an average price of $164.36, for a total transaction of $12,327,000.00. Following the transaction, the chief executive officer directly owned 74,648,225 shares of the company’s stock, valued at $12,269,182,261. The trade was a 0.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 4,097,407 shares of company stock valued at $714,378,504 in the last ninety days. Company insiders own 4.17% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on NVDA shares. Evercore ISI raised their price objective on NVIDIA from $214.00 to $225.00 and gave the company an “outperform” rating in a research note on Tuesday, September 23rd. Needham & Company LLC reissued a “buy” rating and set a $200.00 price objective on shares of NVIDIA in a report on Thursday, August 28th. Truist Financial raised their price objective on shares of NVIDIA from $210.00 to $228.00 and gave the stock a “buy” rating in a report on Thursday, August 28th. KeyCorp reissued an “overweight” rating and set a $250.00 price objective (up from $230.00) on shares of NVIDIA in a report on Tuesday. Finally, The Goldman Sachs Group reissued a “buy” rating and set a $200.00 price objective on shares of NVIDIA in a report on Wednesday, August 27th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-six have issued a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $211.00.

About NVIDIA

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.