NVIDIA Corporation $NVDA Shares Acquired by Proficio Capital Partners LLC

Proficio Capital Partners LLC boosted its stake in NVIDIA Corporation (NASDAQ:NVDA) by 0.2% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 260,862 shares of the computer hardware maker’s stock after purchasing an additional 459 shares during the quarter. NVIDIA comprises 2.2% of Proficio Capital Partners LLC’s investment portfolio, making the stock its 8th biggest position. Proficio Capital Partners LLC’s holdings in NVIDIA were worth $28,278,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. KLP Kapitalforvaltning AS raised its stake in NVIDIA by 1.5% in the first quarter. KLP Kapitalforvaltning AS now owns 9,266,060 shares of the computer hardware maker’s stock valued at $1,004,333,000 after purchasing an additional 133,800 shares in the last quarter. Summit Asset Management LLC grew its holdings in shares of NVIDIA by 3.0% during the 1st quarter. Summit Asset Management LLC now owns 59,149 shares of the computer hardware maker’s stock valued at $6,411,000 after purchasing an additional 1,728 shares during the last quarter. Alecta Tjanstepension Omsesidigt grew its holdings in shares of NVIDIA by 24.4% during the 1st quarter. Alecta Tjanstepension Omsesidigt now owns 6,348,600 shares of the computer hardware maker’s stock valued at $690,474,000 after purchasing an additional 1,244,100 shares during the last quarter. VCI Wealth Management LLC grew its holdings in shares of NVIDIA by 1.3% during the 1st quarter. VCI Wealth Management LLC now owns 74,161 shares of the computer hardware maker’s stock valued at $8,038,000 after purchasing an additional 947 shares during the last quarter. Finally, Financial Partners Group Inc grew its holdings in shares of NVIDIA by 1.5% during the 1st quarter. Financial Partners Group Inc now owns 42,681 shares of the computer hardware maker’s stock valued at $4,626,000 after purchasing an additional 611 shares during the last quarter. Institutional investors and hedge funds own 65.27% of the company’s stock.

Insiders Place Their Bets

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

Analyst Ratings Changes

Several equities research analysts recently issued reports on NVDA shares. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $240.00 price target (up from $200.00) on shares of NVIDIA in a report on Monday. Barclays lifted their price target on shares of NVIDIA from $170.00 to $200.00 and gave the company an “overweight” rating in a report on Tuesday, June 17th. The Goldman Sachs Group started coverage on shares of NVIDIA in a report on Thursday, July 10th. They set a “buy” rating and a $185.00 price target on the stock. Oppenheimer upped their price objective on NVIDIA from $175.00 to $200.00 and gave the company an “outperform” rating in a research note on Tuesday, July 15th. Finally, Arete Research raised NVIDIA to a “strong-buy” rating in a research note on Wednesday, May 21st. Four equities 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. Based on data from MarketBeat, NVIDIA presently has a consensus rating of “Moderate Buy” and a consensus price target of $189.28.

NVIDIA Price Performance

NVIDIA stock opened at $175.64 on Wednesday. The stock has a market capitalization of $4.29 trillion, a price-to-earnings ratio of 56.66, a PEG ratio of 1.60 and a beta of 2.14. NVIDIA Corporation has a 52-week low of $86.62 and a 52-week high of $184.48. The stock’s 50 day moving average price is $165.38 and its two-hundred day moving average price is $136.23. The company has a debt-to-equity ratio of 0.10, a quick ratio of 2.96 and a current ratio of 3.39.

NVIDIA (NASDAQ:NVDA) last posted its quarterly 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 return on equity of 105.09% and a net margin of 51.69%.The business had revenue of $44.06 billion for the quarter, compared to the consensus estimate of $43.09 billion. During the same quarter in the previous year, the company posted $0.61 earnings per share. NVIDIA’s quarterly revenue was up 69.2% on a year-over-year basis. NVIDIA has set its Q2 2026 guidance at EPS. On average, equities analysts predict that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, July 3rd. Investors of record on Wednesday, June 11th were 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 of this dividend was Wednesday, June 11th. NVIDIA’s dividend payout ratio is presently 1.29%.

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.