Cushing Capital Partners LLC Has $386,000 Holdings in NVIDIA Corporation $NVDA

Cushing Capital Partners LLC trimmed its stake in NVIDIA Corporation (NASDAQ:NVDA) by 34.4% in the second quarter, HoldingsChannel.com reports. The firm owned 2,444 shares of the computer hardware maker’s stock after selling 1,280 shares during the period. Cushing Capital Partners LLC’s holdings in NVIDIA were worth $386,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Kingstone Capital Partners Texas LLC increased its position 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 during the period. Nuveen LLC acquired a new stake in shares of NVIDIA during the first quarter worth $15,089,414,000. Goldman Sachs Group Inc. raised its stake in NVIDIA by 123.5% during the first quarter. Goldman Sachs Group Inc. now owns 187,995,213 shares of the computer hardware maker’s stock worth $20,374,921,000 after buying an additional 103,889,872 shares during the last quarter. Amundi lifted its holdings in NVIDIA by 16.0% in the first quarter. Amundi now owns 135,770,043 shares of the computer hardware maker’s stock valued at $13,826,199,000 after buying an additional 18,733,431 shares during the period. Finally, Strs Ohio acquired a new position in NVIDIA in the first quarter valued at $1,163,288,000. 65.27% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at NVIDIA

In related news, CEO Jen Hsun Huang sold 75,000 shares of the firm’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 transaction, the chief executive officer directly owned 72,698,366 shares of the company’s stock, valued at $12,333,277,791.90. This trade represents a 0.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Harvey C. Jones sold 250,000 shares of the business’s stock in a transaction dated Thursday, September 18th. The stock was sold at an average price of $176.21, for a total transaction of $44,052,500.00. Following the transaction, the director owned 7,183,280 shares in the company, valued at approximately $1,265,765,768.80. This trade represents a 3.36% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 3,476,577 shares of company stock worth $623,934,187. Corporate insiders own 4.17% of the company’s stock.

NVIDIA Price Performance

Shares of NASDAQ NVDA opened at $188.15 on Friday. The stock has a market cap of $4.57 trillion, a price-to-earnings ratio of 53.60, a PEG ratio of 1.49 and a beta of 2.11. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.60 and a current ratio of 4.21. NVIDIA Corporation has a fifty-two week low of $86.62 and a fifty-two week high of $212.19. The firm’s 50-day simple moving average is $183.43 and its 200 day simple moving average is $162.98.

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

NVIDIA Dividend Announcement

The business also recently disclosed 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. The ex-dividend date was Thursday, September 11th. This represents a $0.04 annualized dividend and a yield of 0.0%. NVIDIA’s dividend payout ratio (DPR) is 1.14%.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on NVDA. Wedbush reiterated an “outperform” rating and set a $210.00 price target on shares of NVIDIA in a report on Thursday, August 28th. Rosenblatt Securities lifted their target price on NVIDIA from $215.00 to $240.00 and gave the stock a “buy” rating in a report on Monday, November 3rd. Benchmark increased their price target on NVIDIA from $190.00 to $220.00 and gave the stock a “buy” rating in a report on Thursday, August 28th. Robert W. Baird lifted their price objective on shares of NVIDIA from $195.00 to $225.00 and gave the company an “outperform” rating in a research note on Monday, August 25th. Finally, Cantor Fitzgerald reissued an “overweight” rating and set a $300.00 target price on shares of NVIDIA in a research note on Wednesday, October 29th. Five research analysts have rated the stock with a Strong Buy rating, forty-one have given a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $233.75.

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.