Quadrant Private Wealth Management LLC grew its stake in NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 3.4% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 262,217 shares of the computer hardware maker’s stock after purchasing an additional 8,547 shares during the quarter. NVIDIA makes up approximately 7.1% of Quadrant Private Wealth Management LLC’s investment portfolio, making the stock its largest holding. Quadrant Private Wealth Management LLC’s holdings in NVIDIA were worth $28,422,000 as of its most recent SEC filing.
Other large investors also recently modified their holdings of the company. Kathleen S. Wright Associates Inc. increased its holdings 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 period. Copia Wealth Management bought a new stake in shares of NVIDIA during the 4th quarter valued at approximately $50,000. Barnes Dennig Private Wealth Management LLC bought a new stake in shares of NVIDIA during the 1st quarter valued at approximately $51,000. Bruce G. Allen Investments LLC grew its holdings in shares of NVIDIA by 198.2% during the 1st quarter. Bruce G. Allen Investments LLC now owns 492 shares of the computer hardware maker’s stock valued at $53,000 after purchasing an additional 327 shares during the last quarter. Finally, LSV Asset Management bought a new stake in shares of NVIDIA during the 4th quarter valued at approximately $54,000. 65.27% of the stock is owned by institutional investors.
Insider Activity at NVIDIA
In other NVIDIA news, CEO Jen Hsun Huang sold 75,000 shares of the stock in a transaction dated Wednesday, June 25th. The shares were sold at an average price of $152.54, for a total transaction of $11,440,500.00. Following the completion of the transaction, the chief executive officer owned 75,548,225 shares in the company, valued at $11,524,126,241.50. This trade represents a 0.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Ajay K. Puri sold 168,195 shares of the stock in a transaction dated Wednesday, June 25th. The stock was sold at an average price of $152.64, for a total transaction of $25,673,284.80. Following the completion of the sale, the executive vice president directly owned 4,018,547 shares in the company, valued at approximately $613,391,014.08. The trade was a 4.02% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 5,912,440 shares of company stock worth $902,886,782 in the last ninety days. Corporate insiders own 4.17% of the company’s stock.
NVIDIA Stock Down 3.5%
NVIDIA (NASDAQ:NVDA – Get Free Report) last released 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 for the quarter, compared to analyst estimates of $43.09 billion. During the same quarter in the previous year, the firm earned $0.61 EPS. The firm’s revenue was up 69.2% on a year-over-year basis. NVIDIA has set its Q2 2026 guidance at EPS. Equities analysts forecast that NVIDIA Corporation will post 2.77 earnings per share for the current year.
NVIDIA Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, July 3rd. Stockholders of record on Wednesday, June 11th were paid a $0.01 dividend. The ex-dividend date was Wednesday, June 11th. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. NVIDIA’s dividend payout ratio is presently 1.29%.
Analyst Upgrades and Downgrades
Several equities research analysts recently issued reports on the stock. Rosenblatt Securities lifted their price target on shares of NVIDIA from $178.00 to $200.00 and gave the company a “buy” rating in a report on Thursday, May 29th. Citigroup reaffirmed an “overweight” rating on shares of NVIDIA in a report on Monday. Truist Financial lifted their price target on shares of NVIDIA from $205.00 to $210.00 and gave the company a “buy” rating in a report on Thursday, May 29th. Mizuho lifted their target price on shares of NVIDIA from $192.00 to $205.00 and gave the stock an “outperform” rating in a research report on Thursday, August 14th. Finally, TD Cowen raised their price target on shares of NVIDIA from $140.00 to $235.00 and gave the company a “buy” rating in a research note on Tuesday. Four investment analysts have rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $189.28.
Get Our Latest Research Report on NVDA
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.
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