Milestone Asset Management Group LLC Increases Holdings in NVIDIA Corporation $NVDA

Milestone Asset Management Group LLC lifted its position in shares of NVIDIA Corporation (NASDAQ:NVDA) by 6.0% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 14,418 shares of the computer hardware maker’s stock after purchasing an additional 819 shares during the period. NVIDIA comprises about 1.4% of Milestone Asset Management Group LLC’s holdings, making the stock its 24th largest position. Milestone Asset Management Group LLC’s holdings in NVIDIA were worth $1,563,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Kathleen S. Wright Associates Inc. increased its position 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 acquiring an additional 254 shares during the period. Copia Wealth Management acquired a new position in NVIDIA in the 4th quarter valued at about $50,000. Barnes Dennig Private Wealth Management LLC acquired a new position in NVIDIA in the 1st quarter valued at about $51,000. Bruce G. Allen Investments LLC increased its position in NVIDIA by 198.2% in the 1st quarter. Bruce G. Allen Investments LLC now owns 492 shares of the computer hardware maker’s stock valued at $53,000 after acquiring an additional 327 shares during the period. Finally, LSV Asset Management acquired a new position in NVIDIA in the 4th quarter valued at about $54,000. Institutional investors and hedge funds own 65.27% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have issued reports on NVDA shares. Wedbush reiterated an “outperform” rating on shares of NVIDIA in a research report on Thursday, May 29th. Rosenblatt Securities boosted their target price on NVIDIA from $178.00 to $200.00 and gave the stock a “buy” rating in a research report on Thursday, May 29th. Raymond James Financial boosted their target price on NVIDIA from $150.00 to $165.00 and gave the stock a “strong-buy” rating in a research report on Thursday, May 29th. Piper Sandler set a $225.00 target price on NVIDIA and gave the stock an “overweight” rating in a research report on Wednesday, August 13th. Finally, Jefferies Financial Group boosted their target price on NVIDIA from $185.00 to $200.00 in a research report on Wednesday, July 16th. Four research analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $189.28.

NVIDIA Price Performance

NVDA stock opened at $175.64 on Wednesday. NVIDIA Corporation has a 1 year low of $86.62 and a 1 year high of $184.48. The company has a debt-to-equity ratio of 0.10, a quick ratio of 2.96 and a current ratio of 3.39. The stock’s 50 day moving average price is $165.38 and its 200 day moving average price is $136.23. The firm has a market cap of $4.29 trillion, a P/E ratio of 56.66, a PEG ratio of 1.60 and a beta of 2.14.

NVIDIA (NASDAQ:NVDA) last posted its earnings results on Wednesday, May 28th. The computer hardware maker reported $0.81 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.87 by ($0.06). NVIDIA had a net margin of 51.69% and a return on equity of 105.09%. The company had revenue of $44.06 billion during the quarter, compared to analysts’ expectations of $43.09 billion. During the same period in the previous year, the company posted $0.61 EPS. NVIDIA’s quarterly revenue was up 69.2% compared to the same quarter last year. NVIDIA has set its Q2 2026 guidance at EPS. On average, sell-side analysts expect that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 3rd. Shareholders of record on Wednesday, June 11th were issued a $0.01 dividend. The ex-dividend date was Wednesday, June 11th. This represents a $0.04 annualized dividend and a yield of 0.0%. NVIDIA’s payout ratio is 1.29%.

Insiders Place Their Bets

In other news, CEO Jen Hsun Huang sold 75,000 shares of the company’s stock in a transaction on Friday, August 15th. The stock was sold at an average price of $179.76, for a total transaction of $13,482,000.00. Following the completion of the sale, the chief executive officer directly owned 72,848,225 shares in the company, valued at $13,095,196,926. This represents a 0.10% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CFO Colette Kress sold 27,640 shares of the company’s stock in a transaction on Monday, August 4th. The stock was sold at an average price of $178.06, for a total value of $4,921,578.40. Following the sale, the chief financial officer owned 2,956,876 shares of the company’s stock, valued at approximately $526,501,340.56. The trade was a 0.93% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 5,912,440 shares of company stock valued at $902,886,782. Insiders own 4.17% of the company’s stock.

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.