NVIDIA Corporation $NVDA Shares Acquired by ShoreHaven Wealth Partners LLC

ShoreHaven Wealth Partners LLC increased its stake in NVIDIA Corporation (NASDAQ:NVDAFree Report) by 2.2% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,496 shares of the computer hardware maker’s stock after purchasing an additional 120 shares during the quarter. ShoreHaven Wealth Partners LLC’s holdings in NVIDIA were worth $596,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. USAdvisors Wealth Management LLC grew its position in NVIDIA by 29.2% during the first quarter. USAdvisors Wealth Management LLC now owns 3,402 shares of the computer hardware maker’s stock worth $368,000 after buying an additional 769 shares during the period. ANB Bank boosted its stake in shares of NVIDIA by 8.5% during the 1st quarter. ANB Bank now owns 16,783 shares of the computer hardware maker’s stock worth $1,819,000 after acquiring an additional 1,310 shares in the last quarter. Elefante Mark B increased its stake in NVIDIA by 8.4% in the 1st quarter. Elefante Mark B now owns 48,765 shares of the computer hardware maker’s stock valued at $5,285,000 after purchasing an additional 3,790 shares in the last quarter. Avantax Advisory Services Inc. raised its holdings in NVIDIA by 8.2% during the first quarter. Avantax Advisory Services Inc. now owns 1,762,336 shares of the computer hardware maker’s stock worth $191,002,000 after purchasing an additional 133,989 shares during the last quarter. Finally, Tufton Capital Management boosted its position in NVIDIA by 8.5% during the first quarter. Tufton Capital Management now owns 12,345 shares of the computer hardware maker’s stock worth $1,338,000 after purchasing an additional 965 shares in the last quarter. Hedge funds and other institutional investors own 65.27% of the company’s stock.

Insider Activity at NVIDIA

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

NVIDIA Stock Up 1.7%

NVDA stock opened at $177.99 on Friday. The company has a 50 day moving average price of $167.35 and a two-hundred day moving average price of $137.40. 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 has a market capitalization of $4.34 trillion, a P/E ratio of 57.42, a PEG ratio of 1.56 and a beta of 2.14. NVIDIA Corporation has a one year low of $86.62 and a one year high of $184.48.

NVIDIA (NASDAQ:NVDAGet Free Report) last posted its quarterly earnings data on Wednesday, May 28th. The computer hardware maker reported $0.81 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.87 by ($0.06). The business had revenue of $44.06 billion for the quarter, compared to analyst estimates of $43.09 billion. NVIDIA had a return on equity of 105.09% and a net margin of 51.69%.NVIDIA’s revenue for the quarter was up 69.2% compared to the same quarter last year. During the same quarter last year, the business earned $0.61 EPS. NVIDIA has set its Q2 2026 guidance at EPS. As a group, sell-side analysts expect that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 3rd. Stockholders of record on Wednesday, June 11th were paid a dividend of $0.01 per share. The ex-dividend date of this dividend was Wednesday, June 11th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.0%. NVIDIA’s dividend payout ratio is currently 1.29%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the company. Wedbush raised their price target on NVIDIA from $175.00 to $210.00 and gave the company an “outperform” rating in a research report on Thursday. Loop Capital lifted their target price on shares of NVIDIA from $175.00 to $250.00 and gave the stock a “buy” rating in a research report on Wednesday, June 25th. UBS Group increased their price target on shares of NVIDIA from $175.00 to $205.00 and gave the company a “buy” rating in a research report on Thursday. DA Davidson raised their price objective on shares of NVIDIA from $120.00 to $135.00 and gave the stock a “neutral” rating in a research note on Thursday, May 29th. Finally, Mizuho upped their target price on NVIDIA from $192.00 to $205.00 and gave the company an “outperform” rating in a research note on Thursday, August 14th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $192.44.

Read Our Latest Research Report on NVIDIA

NVIDIA Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for NVIDIA (NASDAQ:NVDA)

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