Intellus Advisors LLC Purchases 3,418 Shares of NVIDIA Corporation $NVDA

Intellus Advisors LLC grew its stake in NVIDIA Corporation (NASDAQ:NVDA) by 7.4% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 49,311 shares of the computer hardware maker’s stock after purchasing an additional 3,418 shares during the quarter. NVIDIA comprises about 0.9% of Intellus Advisors LLC’s holdings, making the stock its 26th biggest holding. Intellus Advisors LLC’s holdings in NVIDIA were worth $5,344,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Copia Wealth Management bought a new position in NVIDIA in the 4th quarter worth $50,000. LSV Asset Management bought a new position in NVIDIA in the 4th quarter worth $54,000. Kathleen S. Wright Associates Inc. raised 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 worth $44,000 after purchasing an additional 254 shares in the last quarter. Barnes Dennig Private Wealth Management LLC bought a new position in NVIDIA in the 1st quarter worth $51,000. Finally, Bruce G. Allen Investments LLC raised its holdings 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 worth $53,000 after purchasing an additional 327 shares in the last quarter. 65.27% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have commented on NVDA. Rosenblatt Securities upped their price objective on shares of NVIDIA from $178.00 to $200.00 and gave the stock a “buy” rating in a report on Thursday, May 29th. BNP Paribas upgraded shares of NVIDIA to a “hold” rating in a research note on Friday, August 1st. Truist Financial increased their price target on shares of NVIDIA from $205.00 to $210.00 and gave the stock a “buy” rating in a research note on Thursday, May 29th. Bank of America increased their price target on shares of NVIDIA from $180.00 to $220.00 in a research note on Wednesday, July 16th. Finally, Needham & Company LLC increased their price target on shares of NVIDIA from $160.00 to $200.00 and gave the stock a “buy” rating in a research note 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 assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $194.31.

NVIDIA Stock Up 1.0%

NASDAQ:NVDA opened at $179.81 on Tuesday. The firm has a market cap of $4.39 trillion, a P/E ratio of 58.00, a P/E/G ratio of 1.56 and a beta of 2.14. 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 Corporation has a fifty-two week low of $86.62 and a fifty-two week high of $184.48. The firm has a 50-day simple moving average of $168.05 and a two-hundred day simple moving average of $137.81.

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

NVIDIA Announces Dividend

The business also recently declared 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 dividend on an annualized basis and a dividend yield of 0.0%. NVIDIA’s payout ratio is currently 1.29%.

Insider Activity at NVIDIA

In other NVIDIA news, EVP Ajay K. Puri sold 168,195 shares of the business’s stock in a transaction on Wednesday, June 25th. The shares were 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 position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Mark A. Stevens sold 935,000 shares of the stock in a transaction on Tuesday, June 3rd. The shares were sold at an average price of $140.92, for a total value of $131,760,200.00. Following the transaction, the director directly owned 9,214,697 shares in the company, valued at $1,298,535,101.24. The trade was a 9.21% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 5,912,440 shares of company stock valued at $902,886,782 over the last ninety days. Company insiders own 4.17% of the company’s stock.

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.