Madison Wealth Partners Inc Sells 1,809 Shares of NVIDIA Corporation $NVDA

Madison Wealth Partners Inc reduced its stake in shares of NVIDIA Corporation (NASDAQ:NVDA) by 8.9% during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 18,480 shares of the computer hardware maker’s stock after selling 1,809 shares during the period. NVIDIA makes up approximately 0.6% of Madison Wealth Partners Inc’s holdings, making the stock its 25th biggest holding. Madison Wealth Partners Inc’s holdings in NVIDIA were worth $2,920,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Harbor Asset Planning Inc. bought a new position in NVIDIA during the 2nd quarter worth about $28,000. Kathleen S. Wright Associates Inc. boosted its position in shares of NVIDIA by 169.3% during the first 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 bought a new position in shares of NVIDIA during the first quarter worth about $51,000. Legend Financial Advisors Inc. acquired a new stake in NVIDIA in the 2nd quarter valued at approximately $55,000. Finally, Campbell Capital Management Inc. lifted its stake in NVIDIA by 5,900.0% in the 1st quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker’s stock valued at $65,000 after acquiring an additional 590 shares in the last quarter. Institutional investors and hedge funds own 65.27% of the company’s stock.

NVIDIA Stock Down 3.6%

Shares of NVDA stock opened at $186.86 on Friday. NVIDIA Corporation has a 52-week low of $86.62 and a 52-week high of $212.19. The stock has a market cap of $4.54 trillion, a price-to-earnings ratio of 53.24, a PEG ratio of 1.49 and a beta of 2.11. The firm’s 50-day moving average is $185.14 and its 200-day moving average is $164.99. 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 (NASDAQ:NVDA) last posted its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, topping analysts’ consensus estimates of $1.01 by $0.04. The business had revenue of $46.74 billion during the quarter, compared to analysts’ expectations of $45.65 billion. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.NVIDIA’s quarterly revenue was up 55.6% on a year-over-year basis. During the same quarter last 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 EPS for the current year.

NVIDIA Announces Dividend

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

Analysts Set New Price Targets

Several brokerages have recently weighed in on NVDA. Benchmark raised their price target on shares of NVIDIA from $190.00 to $220.00 and gave the stock a “buy” rating in a research note on Thursday, August 28th. Melius Research set a $300.00 target price on shares of NVIDIA in a research report on Wednesday, October 29th. Arete lifted their price target on shares of NVIDIA from $235.00 to $244.00 and gave the company a “buy” rating in a research note on Tuesday, October 14th. Mizuho set a $235.00 price target on shares of NVIDIA in a research report on Wednesday, October 29th. Finally, Barclays restated an “overweight” rating and issued a $240.00 price objective (up previously from $200.00) on shares of NVIDIA in a report on Monday, September 22nd. Five investment analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $237.74.

Insider Buying and Selling at NVIDIA

In other NVIDIA news, CFO Colette Kress sold 27,640 shares of NVIDIA stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $208.33, for a total transaction of $5,758,241.20. Following the completion of the transaction, the chief financial officer directly owned 2,828,122 shares of the company’s stock, valued at $589,182,656.26. The trade was a 0.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Jen Hsun Huang sold 25,000 shares of the stock in a transaction dated Wednesday, October 29th. The shares were sold at an average price of $207.91, for a total transaction of $5,197,750.00. Following the completion of the transaction, the chief executive officer directly owned 69,733,203 shares in the company, valued at $14,498,230,235.73. The trade was a 0.04% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 3,251,577 shares of company stock valued at $583,143,187 in the last ninety days. Insiders own 4.17% of the company’s stock.

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.