Werlinich Asset Management LLC Sells 4,950 Shares of NVIDIA Corporation $NVDA

Werlinich Asset Management LLC decreased its position in NVIDIA Corporation (NASDAQ:NVDA) by 2.4% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 200,620 shares of the computer hardware maker’s stock after selling 4,950 shares during the quarter. NVIDIA comprises 17.8% of Werlinich Asset Management LLC’s investment portfolio, making the stock its largest holding. Werlinich Asset Management LLC’s holdings in NVIDIA were worth $45,818,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in NVDA. Intelligence Driven Advisers LLC increased its stake in shares of NVIDIA by 7.6% in the third quarter. Intelligence Driven Advisers LLC now owns 19,978 shares of the computer hardware maker’s stock worth $4,563,000 after purchasing an additional 1,403 shares during the period. Gouws Capital LLC boosted its stake in NVIDIA by 11.4% during the 3rd quarter. Gouws Capital LLC now owns 20,350 shares of the computer hardware maker’s stock valued at $4,648,000 after purchasing an additional 2,085 shares during the period. WoodTrust Financial Corp boosted its stake in NVIDIA by 8.5% during the 3rd quarter. WoodTrust Financial Corp now owns 40,291 shares of the computer hardware maker’s stock valued at $9,201,000 after purchasing an additional 3,155 shares during the period. Dakota Community Bank & Trust NA boosted its stake in NVIDIA by 47.9% during the 3rd quarter. Dakota Community Bank & Trust NA now owns 9,321 shares of the computer hardware maker’s stock valued at $2,129,000 after purchasing an additional 3,018 shares during the period. Finally, McNaughton Wealth Management LLC grew its holdings in NVIDIA by 4.2% in the 3rd quarter. McNaughton Wealth Management LLC now owns 20,804 shares of the computer hardware maker’s stock valued at $4,751,000 after buying an additional 837 shares during the last quarter. Institutional investors own 65.27% of the company’s stock.

NVIDIA Price Performance

Shares of NVDA stock opened at $204.64 on Monday. NVIDIA Corporation has a one year low of $164.27 and a one year high of $243.37. The company has a debt-to-equity ratio of 0.14, a current ratio of 4.59 and a quick ratio of 3.85. The stock has a fifty day moving average price of $221.74 and a 200 day moving average price of $204.24. The stock has a market cap of $4.93 trillion, a P/E ratio of 25.87, a price-to-earnings-growth ratio of 1.57 and a beta of 2.21.

NVIDIA (NASDAQ:NVDA) last posted its earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share for the quarter, beating analysts’ consensus estimates of $2.09 by $0.13. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. The business had revenue of $96.22 billion for the quarter, compared to analysts’ expectations of $92.27 billion. During the same quarter in the previous year, the firm posted $1.05 earnings per share. The firm’s revenue for the quarter was up 105.9% on a year-over-year basis. Analysts predict that NVIDIA Corporation will post 9.30 earnings per share for the current year.

NVIDIA Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Thursday, September 10th were given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Thursday, September 10th. NVIDIA’s dividend payout ratio (DPR) is 12.64%.

NVIDIA declared that its board has approved a share buyback plan on Monday, September 28th that permits the company to buy back $150 billion in shares. This repurchase authorization permits the computer hardware maker to reacquire up to 2.8% of its shares through open market purchases. Stock repurchase plans are typically a sign that the company’s management believes its stock is undervalued.

Analysts Set New Price Targets

A number of research analysts have recently commented on NVDA shares. Yorkville Ives assumed coverage on NVIDIA in a report on Tuesday, October 6th. They set an “outperform” rating and a $300.00 price target for the company. Truist Financial raised their price objective on shares of NVIDIA from $307.00 to $346.00 and gave the stock a “buy” rating in a research note on Thursday, August 27th. Wedbush boosted their target price on shares of NVIDIA from $330.00 to $345.00 and gave the stock an “outperform” rating in a research report on Thursday, August 27th. Wall Street Zen cut shares of NVIDIA from a “strong-buy” rating to a “buy” rating in a research note on Saturday, October 24th. Finally, KeyCorp reissued an “overweight” rating and issued a $330.00 price target on shares of NVIDIA in a report on Monday, August 24th. Five analysts have rated the stock with a Strong Buy rating, forty-nine have issued a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $321.47.

Insider Buying and Selling

In other NVIDIA news, CFO Colette Kress sold 34,918 shares of the stock in a transaction on Thursday, September 17th. The stock was sold at an average price of $219.05, for a total transaction of $7,648,787.90. Following the completion of the transaction, the chief financial officer directly owned 765,103 shares in the company, valued at $167,595,812.15. This represents a 4.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark Stevens sold 622,239 shares of the stock in a transaction on Friday, September 4th. The stock was sold at an average price of $231.62, for a total value of $144,122,997.18. Following the transaction, the director owned 2,336,531 shares of the company’s stock, valued at $541,187,310.22. This represents a 21.03% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 1,766,118 shares of company stock worth $399,450,353 in the last 90 days. 3.94% of the stock is owned by company insiders.

Trending Headlines about NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA’s strong earnings, expanding margins and outlook for roughly 70% revenue growth in fiscal 2028 continue to support the bullish case. Analysts argue that AI demand remains supply-constrained and that the company’s latest guidance exceeded expectations. NVIDIA’s AI Dominance Could Have Further to Run
• Positive Sentiment: The company is broadening its role beyond GPUs by offering complete AI-factory architectures, networking, software and edge systems. Expanded collaborations with Microsoft, Meta, Oracle and other partners could increase NVIDIA’s share of customers’ overall AI infrastructure budgets. How AI Factory Expansion Will Impact NVIDIA Investors
• Positive Sentiment: Commentary highlighting AI demand, pricing power and NVIDIA’s strategic investments in networking, software and AI companies provides potential long-term catalysts. Wall Street analyst sentiment remains broadly favorable despite the recent correction. NVIDIA Stock: Analyst Estimates and Ratings

About NVIDIA

NVIDIA Corporation (NASDAQ: NVDA) is a technology company that designs graphics processing units (GPUs), accelerated computing platforms, networking products and related software. Its technologies support artificial intelligence, machine learning, scientific computing, data analytics, professional visualization and computer graphics.

The company’s products include GeForce GPUs for gaming and personal computing, data center GPUs and systems for AI and high-performance computing, and networking solutions used to connect and manage large-scale computing infrastructure.