Gilbert & Cook Inc. Reduces Position in NVIDIA Corporation $NVDA

Gilbert & Cook Inc. trimmed its holdings in NVIDIA Corporation (NASDAQ:NVDA) by 1.5% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 65,885 shares of the computer hardware maker’s stock after selling 1,036 shares during the period. NVIDIA comprises 1.4% of Gilbert & Cook Inc.’s holdings, making the stock its 9th biggest position. Gilbert & Cook Inc.’s holdings in NVIDIA were worth $10,409,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in NVDA. Harbor Asset Planning Inc. acquired a new position in shares of NVIDIA in the second quarter valued at $28,000. Kathleen S. Wright Associates Inc. grew its stake in NVIDIA by 169.3% in the 1st quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker’s stock valued at $44,000 after buying an additional 254 shares during the last quarter. Legend Financial Advisors Inc. acquired a new position in NVIDIA in the 2nd quarter valued at about $55,000. Campbell Capital Management Inc. raised its holdings 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 during the period. Finally, Westend Capital Management LLC lifted its position in NVIDIA by 46.8% during the second quarter. Westend Capital Management LLC now owns 455 shares of the computer hardware maker’s stock worth $72,000 after acquiring an additional 145 shares during the last quarter. 65.27% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have recently commented on the company. Evercore ISI set a $352.00 target price on NVIDIA and gave the company an “outperform” rating in a research report on Thursday, November 20th. Rosenblatt Securities upped their price objective on NVIDIA from $240.00 to $245.00 and gave the company a “buy” rating in a report on Thursday, November 20th. Stifel Nicolaus lifted their target price on NVIDIA from $212.00 to $250.00 and gave the stock a “buy” rating in a report on Tuesday, November 18th. Truist Financial boosted their target price on shares of NVIDIA from $228.00 to $255.00 and gave the company a “buy” rating in a research report on Thursday, November 20th. Finally, Loop Capital raised their price target on shares of NVIDIA from $250.00 to $350.00 and gave the stock a “buy” rating in a research report on Monday, November 3rd. Five equities research analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, NVIDIA has an average rating of “Buy” and a consensus price target of $258.30.

Insiders Place Their Bets

In related news, Director Mark A. Stevens sold 350,000 shares of the company’s stock in a transaction that occurred on Friday, September 19th. The shares were sold at an average price of $176.39, for a total transaction of $61,736,500.00. Following the completion of the transaction, the director directly owned 7,399,803 shares in the company, valued at $1,305,251,251.17. This represents a 4.52% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Harvey C. Jones sold 250,000 shares of the stock in a transaction that occurred on Thursday, September 18th. The shares were sold at an average price of $176.21, for a total transaction of $44,052,500.00. Following the completion of the transaction, the director directly owned 7,183,280 shares of the company’s stock, valued at approximately $1,265,765,768.80. The trade was a 3.36% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 3,177,203 shares of company stock valued at $570,171,004. 4.17% of the stock is currently owned by corporate insiders.

NVIDIA Stock Performance

Shares of NASDAQ:NVDA opened at $176.67 on Friday. NVIDIA Corporation has a 1 year low of $86.62 and a 1 year high of $212.19. The stock has a market capitalization of $4.29 trillion, a price-to-earnings ratio of 50.33, a price-to-earnings-growth ratio of 1.49 and a beta of 2.11. 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 company’s 50 day simple moving average is $186.90 and its 200 day simple moving average is $170.47.

NVIDIA (NASDAQ:NVDA) last issued its earnings results on Wednesday, November 19th. The computer hardware maker reported $1.30 earnings per share for the quarter, beating analysts’ consensus estimates of $1.23 by $0.07. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The firm had revenue of $57.01 billion for the quarter, compared to the consensus estimate of $54.66 billion. During the same quarter last year, the business posted $0.81 EPS. The company’s revenue was up 62.5% compared to the same quarter last year. NVIDIA has set its Q4 2026 guidance at EPS. As a group, research analysts predict that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 26th. Shareholders of record on Thursday, December 4th will be given a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. The ex-dividend date is Thursday, December 4th. NVIDIA’s payout ratio is currently 0.99%.

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.