N.E.W. Advisory Services LLC Boosts Stock Holdings in NVIDIA Corporation $NVDA

N.E.W. Advisory Services LLC boosted its position in NVIDIA Corporation (NASDAQ:NVDA) by 23.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 33,187 shares of the computer hardware maker’s stock after purchasing an additional 6,351 shares during the period. N.E.W. Advisory Services LLC’s holdings in NVIDIA were worth $3,597,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Astoria Portfolio Advisors LLC. lifted its stake in NVIDIA by 0.9% in the first quarter. Astoria Portfolio Advisors LLC. now owns 93,568 shares of the computer hardware maker’s stock valued at $9,610,000 after purchasing an additional 864 shares during the last quarter. Centerpoint Advisory Group lifted its position in shares of NVIDIA by 2.5% during the first quarter. Centerpoint Advisory Group now owns 39,398 shares of the computer hardware maker’s stock worth $4,270,000 after acquiring an additional 943 shares in the last quarter. GSB Wealth Management LLC lifted its position in shares of NVIDIA by 3.3% during the first quarter. GSB Wealth Management LLC now owns 32,611 shares of the computer hardware maker’s stock worth $3,534,000 after acquiring an additional 1,043 shares in the last quarter. Variant Private Wealth LLC lifted its position in shares of NVIDIA by 20.6% during the first quarter. Variant Private Wealth LLC now owns 18,800 shares of the computer hardware maker’s stock worth $2,038,000 after acquiring an additional 3,206 shares in the last quarter. Finally, Financial Perspectives Inc lifted its position in shares of NVIDIA by 2.8% during the first quarter. Financial Perspectives Inc now owns 45,958 shares of the computer hardware maker’s stock worth $4,981,000 after acquiring an additional 1,265 shares in the last quarter. Hedge funds and other institutional investors own 65.27% of the company’s stock.

Insider Activity

In other NVIDIA news, CFO Colette Kress sold 27,640 shares of the firm’s stock in a transaction dated 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 $526,501,340.56. This trade represents a 0.93% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Jen Hsun Huang sold 75,000 shares of the firm’s stock in a transaction dated 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 owned 72,848,225 shares of the company’s stock, valued at $13,095,196,926. This trade represents a 0.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 5,862,440 shares of company stock valued at $896,145,782 over the last 90 days. 4.17% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the company. Wedbush restated an “outperform” rating and set a $210.00 target price on shares of NVIDIA in a research report on Thursday. 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. Wolfe Research increased their target price on NVIDIA from $220.00 to $230.00 and gave the stock an “outperform” rating in a research report on Thursday. Summit Insights raised shares of NVIDIA from a “hold” rating to a “buy” rating in a report on Thursday, May 29th. Finally, Bank of America upped their price target on shares of NVIDIA from $220.00 to $235.00 and gave the stock a “buy” rating in a report on Thursday. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $207.69.

NVIDIA Stock Down 0.8%

Shares of NASDAQ:NVDA opened at $180.17 on Friday. The stock’s 50-day moving average price is $170.22 and its 200-day moving average price is $138.74. NVIDIA Corporation has a 12-month low of $86.62 and a 12-month high of $184.48. The stock has a market capitalization of $4.40 trillion, a P/E ratio of 51.33, a price-to-earnings-growth ratio of 1.59 and a beta of 2.14. The company has a current ratio of 3.39, a quick ratio of 2.96 and a debt-to-equity ratio of 0.10.

NVIDIA (NASDAQ:NVDA) last announced its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.01 by $0.04. The firm had revenue of $46.74 billion for the quarter, compared to analysts’ expectations of $45.65 billion. NVIDIA had a return on equity of 109.66% and a net margin of 52.41%.The company’s revenue for the quarter was up 55.6% compared to the same quarter last year. During the same period last year, the firm earned $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. On average, equities analysts anticipate that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th will be issued a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.0%. The ex-dividend date is Thursday, September 11th. NVIDIA’s dividend payout ratio is currently 1.29%.

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.