NVIDIA Corporation $NVDA Stock Position Lowered by Clean Yield Group

Clean Yield Group lessened its holdings in NVIDIA Corporation (NASDAQ:NVDA) by 2.5% during the second quarter, HoldingsChannel.com reports. The fund owned 91,705 shares of the computer hardware maker’s stock after selling 2,341 shares during the quarter. NVIDIA makes up about 4.3% of Clean Yield Group’s portfolio, making the stock its 2nd biggest holding. Clean Yield Group’s holdings in NVIDIA were worth $14,489,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in NVDA. Kathleen S. Wright Associates Inc. increased its stake 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 worth $44,000 after buying an additional 254 shares during the period. Barnes Dennig Private Wealth Management LLC purchased a new stake in NVIDIA during the 1st quarter worth $51,000. Bruce G. Allen Investments LLC increased its stake in NVIDIA by 198.2% during the 1st quarter. Bruce G. Allen Investments LLC now owns 492 shares of the computer hardware maker’s stock worth $53,000 after buying an additional 327 shares during the period. Legend Financial Advisors Inc. purchased a new stake in NVIDIA during the 2nd quarter worth $55,000. Finally, Campbell Capital Management Inc. increased its stake in NVIDIA by 5,900.0% during the 1st quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker’s stock worth $65,000 after buying an additional 590 shares during the period. Hedge funds and other institutional investors own 65.27% of the company’s stock.

Wall Street Analysts Forecast Growth

NVDA has been the topic of several analyst reports. Mizuho lifted their price target on shares of NVIDIA from $192.00 to $205.00 and gave the stock an “outperform” rating in a research note on Thursday, August 14th. Sanford C. Bernstein reissued a “buy” rating on shares of NVIDIA in a report on Tuesday, September 23rd. Oppenheimer reissued an “outperform” rating and set a $225.00 price objective (up from $200.00) on shares of NVIDIA in a report on Thursday, August 28th. Daiwa Capital Markets raised their price objective on shares of NVIDIA from $165.00 to $205.00 and gave the stock an “outperform” rating in a report on Wednesday, September 17th. Finally, Jefferies Financial Group reissued a “buy” rating and set a $220.00 price objective (up from $205.00) on shares of NVIDIA in a report on Monday, September 29th. Four analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $212.84.

Insider Activity

In other news, Director Mark A. Stevens sold 350,000 shares of NVIDIA stock in a transaction dated Friday, September 19th. The shares were sold at an average price of $176.39, for a total value of $61,736,500.00. Following the completion of the transaction, the director directly owned 7,399,803 shares of the company’s stock, valued at approximately $1,305,251,251.17. The trade was a 4.52% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Jen Hsun Huang sold 75,000 shares of NVIDIA stock in a transaction dated Monday, August 4th. The shares were sold at an average price of $178.16, for a total transaction of $13,362,000.00. Following the completion of the transaction, the chief executive officer directly owned 73,523,225 shares of the company’s stock, valued at $13,098,897,766. This trade represents a 0.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 3,801,587 shares of company stock valued at $673,950,484. Company insiders own 4.17% of the company’s stock.

NVIDIA Trading Down 4.9%

NASDAQ NVDA opened at $183.16 on Monday. NVIDIA Corporation has a one year low of $86.62 and a one year high of $195.62. The company has a 50-day simple moving average of $179.16 and a 200-day simple moving average of $151.02. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.60 and a current ratio of 4.21. The firm has a market capitalization of $4.45 trillion, a PE ratio of 52.18, a price-to-earnings-growth ratio of 1.32 and a beta of 2.12.

NVIDIA (NASDAQ:NVDA) last posted its quarterly earnings results 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. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The business had revenue of $46.74 billion during the quarter, compared to analyst estimates of $45.65 billion. During the same period in the previous year, the business posted $0.68 EPS. The company’s quarterly revenue was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. On average, equities analysts forecast that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Dividend Announcement

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

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.