NVIDIA Corporation $NVDA Holdings Cut by KLCM Advisors Inc.

KLCM Advisors Inc. reduced its position in shares of NVIDIA Corporation (NASDAQ:NVDA) by 4.8% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,613,060 shares of the computer hardware maker’s stock after selling 81,005 shares during the period. NVIDIA makes up 27.1% of KLCM Advisors Inc.’s portfolio, making the stock its biggest holding. KLCM Advisors Inc.’s holdings in NVIDIA were worth $254,847,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Fielder Capital Group LLC increased its holdings in shares of NVIDIA by 9.7% in the 1st quarter. Fielder Capital Group LLC now owns 50,469 shares of the computer hardware maker’s stock worth $5,470,000 after buying an additional 4,444 shares during the last quarter. MADDEN SECURITIES Corp lifted its holdings in shares of NVIDIA by 3.2% during the 2nd quarter. MADDEN SECURITIES Corp now owns 81,322 shares of the computer hardware maker’s stock worth $12,848,000 after acquiring an additional 2,484 shares during the last quarter. ORG Wealth Partners LLC grew its position in NVIDIA by 7.7% in the second quarter. ORG Wealth Partners LLC now owns 49,301 shares of the computer hardware maker’s stock worth $7,560,000 after acquiring an additional 3,542 shares in the last quarter. Sentinel Pension Advisors LLC increased its stake in NVIDIA by 4.1% in the second quarter. Sentinel Pension Advisors LLC now owns 2,743 shares of the computer hardware maker’s stock valued at $433,000 after acquiring an additional 107 shares during the last quarter. Finally, Winthrop Capital Management LLC raised its position in NVIDIA by 4.3% during the first quarter. Winthrop Capital Management LLC now owns 42,746 shares of the computer hardware maker’s stock valued at $4,633,000 after purchasing an additional 1,778 shares in the last quarter. Hedge funds and other institutional investors own 65.27% of the company’s stock.

Insiders Place Their Bets

In related news, CFO Colette Kress sold 27,640 shares of the firm’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $208.33, for a total value of $5,758,241.20. Following the completion of the sale, the chief financial officer owned 2,828,122 shares of the company’s stock, valued at $589,182,656.26. This trade represents a 0.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director John Dabiri sold 626 shares of the business’s stock in a transaction on Monday, November 24th. The shares were sold at an average price of $179.42, for a total transaction of $112,316.92. Following the transaction, the director directly owned 17,792 shares in the company, valued at approximately $3,192,240.64. The trade was a 3.40% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 3,252,203 shares of company stock worth $583,255,504. 4.17% of the stock is currently owned by company insiders.

NVIDIA Stock Up 1.4%

Shares of NASDAQ NVDA opened at $180.26 on Thursday. The firm’s fifty day moving average is $186.82 and its 200 day moving average is $169.74. NVIDIA Corporation has a 52 week low of $86.62 and a 52 week high of $212.19. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08. The company has a market cap of $4.38 trillion, a price-to-earnings ratio of 51.36, a PEG ratio of 1.49 and a beta of 2.11.

NVIDIA (NASDAQ:NVDA) last announced its quarterly earnings results on Wednesday, November 19th. The computer hardware maker reported $1.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.23 by $0.07. The business had revenue of $57.01 billion for the quarter, compared to analyst estimates of $54.66 billion. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The company’s revenue was up 62.5% on a year-over-year basis. During the same quarter last year, the firm earned $0.81 EPS. NVIDIA has set its Q4 2026 guidance at EPS. On average, equities research analysts expect 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 will be paid on Friday, December 26th. Shareholders of record on Thursday, December 4th will be given a dividend of $0.01 per share. The ex-dividend date of this dividend is Thursday, December 4th. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. NVIDIA’s dividend payout ratio is presently 0.99%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on NVDA shares. Jefferies Financial Group reiterated a “buy” rating and issued a $250.00 price objective (up from $240.00) on shares of NVIDIA in a report on Thursday, November 20th. Daiwa Capital Markets upped their target price on NVIDIA from $165.00 to $205.00 and gave the stock an “outperform” rating in a research note on Wednesday, September 17th. Benchmark increased their price target on shares of NVIDIA from $220.00 to $250.00 and gave the company a “buy” rating in a research report on Thursday, November 20th. Morgan Stanley boosted their price objective on shares of NVIDIA from $220.00 to $235.00 and gave the stock an “overweight” rating in a report on Thursday, November 20th. Finally, UBS Group reaffirmed a “buy” rating and set a $235.00 target price on shares of NVIDIA in a report on Thursday, November 20th. Five equities research analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $258.19.

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.