NVIDIA Shareholder Ownership Shifts Amid Strong Financial Performance
NVIDIA Corporation (NASDAQ:NVDA) has seen significant changes in its shareholder ownership. First Pacific Financial cut its stake in NVIDIA by 9.0% in the second quarter, selling 2,605 shares and reducing its holdings to 26,259 shares worth $5,254,000 as of its most recent SEC filing.
Other institutional investors have made changes to their positions in the company. Brighton Jones LLC increased its stake by 12.4% during the fourth quarter, while Bank Pictet & Cie Europe AG lifted its stake by 1.0%. Highview Capital Management LLC DE and Hudson Value Partners LLC also grew their holdings in NVIDIA.
The firm's fifty-day moving average price is $211.32, and its 200-day moving average price is $202.51. The company has a debt-to-equity ratio of 0.14, a current ratio of 4.59, and a quick ratio of 3.85.
NVIDIA last announced its quarterly earnings data on August 26th, reporting $2.22 earnings per share for the quarter, which topped the consensus estimate of $2.09 by $0.13. The company had revenue of $96.22 billion during the quarter, compared to analyst estimates of $92.27 billion.