Interchange Capital Partners LLC Reduces Stake in NVIDIA Corporation $NVDA

Interchange Capital Partners LLC decreased its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA) by 76.0% in the 2nd quarter, Holdings Channel.com reports. The firm owned 8,840 shares of the computer hardware maker’s stock after selling 27,946 shares during the quarter. NVIDIA comprises approximately 1.4% of Interchange Capital Partners LLC’s investment portfolio, making the stock its 12th largest holding. Interchange Capital Partners LLC’s holdings in NVIDIA were worth $1,397,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in NVDA. Kingstone Capital Partners Texas LLC raised its stake 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 worth $64,976,521,000 after acquiring an additional 382,231,120 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in NVIDIA by 2.9% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 206,794,926 shares of the computer hardware maker’s stock valued at $22,412,434,000 after acquiring an additional 5,896,735 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of 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 purchasing an additional 103,889,872 shares during the last quarter. Nuveen LLC acquired a new stake in shares of NVIDIA during the first quarter worth about $15,089,414,000. Finally, Amundi lifted its holdings in shares of NVIDIA by 16.0% in the 1st quarter. Amundi now owns 135,770,043 shares of the computer hardware maker’s stock valued at $13,826,199,000 after purchasing an additional 18,733,431 shares during the last quarter. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on NVDA shares. Melius Research set a $300.00 price target on NVIDIA in a research note on Wednesday, October 29th. Daiwa Capital Markets raised their target price on shares of NVIDIA from $165.00 to $205.00 and gave the stock an “outperform” rating in a research report on Wednesday, September 17th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of NVIDIA in a report on Wednesday, October 8th. Morgan Stanley reiterated an “overweight” rating on shares of NVIDIA in a research note on Wednesday, October 29th. Finally, Phillip Securities upgraded shares of NVIDIA from a “moderate buy” rating to a “strong-buy” rating in a research note on Monday, July 14th. Five research analysts have rated the stock with a Strong Buy rating, forty-one have issued a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $233.75.

NVIDIA Price Performance

Shares of NVDA opened at $188.15 on Friday. The company has a current ratio of 4.21, a quick ratio of 3.60 and a debt-to-equity ratio of 0.08. The stock’s 50 day moving average is $183.43 and its two-hundred day moving average is $162.53. NVIDIA Corporation has a twelve month low of $86.62 and a twelve month high of $212.19. The firm has a market capitalization of $4.57 trillion, a PE ratio of 53.60, a P/E/G ratio of 1.49 and a beta of 2.11.

NVIDIA (NASDAQ:NVDA) last posted its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share for the quarter, beating 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 firm had revenue of $46.74 billion for the quarter, compared to the consensus estimate of $45.65 billion. During the same period in the previous year, the business earned $0.68 earnings per share. The company’s revenue for the quarter was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. Research analysts anticipate that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Dividend Announcement

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

Insider Activity

In other NVIDIA news, Director Harvey C. Jones sold 250,000 shares of the stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $176.21, for a total value 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. This trade represents a 3.36% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Jen Hsun Huang sold 75,000 shares of NVIDIA stock in a transaction that occurred on 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 sale, the chief executive officer owned 72,698,366 shares of the company’s stock, valued at approximately $12,333,277,791.90. The trade was a 0.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 3,476,577 shares of company stock worth $623,934,187 in the last 90 days. 4.17% of the stock is currently owned by corporate insiders.

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.