GenTrust LLC Reduces Holdings in NVIDIA Corporation $NVDA

GenTrust LLC lowered its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA) by 5.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 222,576 shares of the computer hardware maker’s stock after selling 12,744 shares during the period. NVIDIA comprises 1.7% of GenTrust LLC’s portfolio, making the stock its 18th largest holding. GenTrust LLC’s holdings in NVIDIA were worth $35,167,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the business. Harbor Asset Planning Inc. purchased a new position in NVIDIA during the second quarter worth $28,000. Kathleen S. Wright Associates Inc. boosted its stake 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 valued at $44,000 after acquiring an additional 254 shares during the last quarter. Barnes Dennig Private Wealth Management LLC purchased a new stake in NVIDIA during the 1st quarter worth about $51,000. Legend Financial Advisors Inc. purchased a new stake in NVIDIA during the 2nd quarter worth about $55,000. Finally, Campbell Capital Management Inc. raised 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 purchasing an additional 590 shares during the last quarter. 65.27% of the stock is currently owned by institutional investors and hedge funds.

NVIDIA Stock Performance

NVIDIA stock opened at $181.36 on Wednesday. The company has a market cap of $4.41 trillion, a price-to-earnings ratio of 51.67, a price-to-earnings-growth ratio of 1.49 and a beta of 2.11. NVIDIA Corporation has a 12 month low of $86.62 and a 12 month high of $212.19. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.21 and a quick ratio of 3.60. The stock’s 50-day moving average is $186.18 and its 200-day moving average is $167.35.

NVIDIA (NASDAQ:NVDA) last issued its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.01 by $0.04. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The business had revenue of $46.74 billion during the quarter, compared to analysts’ expectations of $45.65 billion. During the same quarter in the previous year, the business earned $0.68 EPS. The company’s revenue for the quarter was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. Equities analysts anticipate that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th were given 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 dividend payout ratio is presently 1.14%.

Insider Activity

In related news, Director Mark A. Stevens sold 350,000 shares of the stock in a transaction on Friday, September 19th. The stock was sold at an average price of $176.39, for a total value of $61,736,500.00. Following the completion of the sale, the director directly owned 7,399,803 shares in the company, valued at approximately $1,305,251,251.17. This represents a 4.52% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Jen Hsun Huang sold 75,000 shares of the business’s stock in a transaction dated Wednesday, September 10th. The stock was sold at an average price of $177.57, for a total value of $13,317,750.00. Following the transaction, the chief executive officer owned 72,248,366 shares in the company, valued at approximately $12,829,142,350.62. This represents a 0.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 3,251,577 shares of company stock valued at $583,143,187. Company insiders own 4.17% of the company’s stock.

Analysts Set New Price Targets

NVDA has been the subject of a number of recent research reports. Rothschild & Co Redburn lifted their price target on shares of NVIDIA from $211.00 to $245.00 and gave the stock a “buy” rating in a report on Monday. KeyCorp restated an “overweight” rating and set a $250.00 target price on shares of NVIDIA in a research report on Friday. New Street Research reiterated a “buy” rating and issued a $307.00 price target on shares of NVIDIA in a report on Thursday, October 30th. Craig Hallum increased their price target on NVIDIA from $195.00 to $245.00 and gave the stock a “buy” rating in a research note on Thursday, August 28th. Finally, Needham & Company LLC lifted their price objective on NVIDIA from $200.00 to $240.00 and gave the company a “buy” rating in a research report on Wednesday, October 29th. Five equities research analysts have rated the stock with a Strong Buy rating, forty-one have assigned a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, NVIDIA presently has a consensus rating of “Buy” and a consensus price target of $240.49.

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.