FSB Premier Wealth Management Inc. Boosts Holdings in NVIDIA Corporation $NVDA

FSB Premier Wealth Management Inc. grew its position in shares of NVIDIA Corporation (NASDAQ:NVDA) by 9.5% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,780 shares of the computer hardware maker’s stock after purchasing an additional 328 shares during the period. FSB Premier Wealth Management Inc.’s holdings in NVIDIA were worth $410,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Copia Wealth Management purchased a new stake in shares of NVIDIA during the fourth quarter valued at approximately $50,000. LSV Asset Management purchased a new stake in shares of NVIDIA during the fourth quarter valued at approximately $54,000. Kathleen S. Wright Associates Inc. increased its stake in shares of NVIDIA by 169.3% in the first quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker’s stock worth $44,000 after buying an additional 254 shares during the last quarter. Barnes Dennig Private Wealth Management LLC bought a new stake in shares of NVIDIA in the first quarter worth $51,000. Finally, Bruce G. Allen Investments LLC increased its stake in shares of NVIDIA by 198.2% in the first quarter. Bruce G. Allen Investments LLC now owns 492 shares of the computer hardware maker’s stock worth $53,000 after buying an additional 327 shares during the last quarter. Hedge funds and other institutional investors own 65.27% of the company’s stock.

NVIDIA Stock Performance

Shares of NVDA opened at $174.18 on Friday. NVIDIA Corporation has a 1 year low of $86.62 and a 1 year high of $184.48. The company has a market cap of $4.23 trillion, a price-to-earnings ratio of 49.62, a price-to-earnings-growth ratio of 1.58 and a beta of 2.14. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.96 and a current ratio of 4.21. The firm has a fifty day moving average of $170.83 and a 200-day moving average of $139.02.

NVIDIA (NASDAQ:NVDA) last posted its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.04. The business had revenue of $46.74 billion during the quarter, compared to the consensus estimate of $45.65 billion. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The company’s quarterly revenue was up 55.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. As a group, equities analysts anticipate that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 2nd. Investors of record on Thursday, September 11th will be issued a $0.01 dividend. The ex-dividend date of this dividend is Thursday, September 11th. This represents a $0.04 annualized dividend and a yield of 0.0%. NVIDIA’s dividend payout ratio is presently 1.14%.

Insider Activity

In related news, CEO Jen Hsun Huang sold 75,000 shares of the company’s stock in a transaction dated 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 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 represents a 0.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Colette Kress sold 27,640 shares of the company’s stock in a transaction dated 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. The trade was a 0.93% decrease in their position. The disclosure for this sale can be found here. Insiders sold 5,862,440 shares of company stock valued at $896,145,782 in the last ninety days. Corporate insiders own 4.17% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on NVDA shares. Piper Sandler set a $225.00 price target on shares of NVIDIA and gave the stock an “overweight” rating in a research note on Wednesday, August 13th. Loop Capital lifted their price target on shares of NVIDIA from $175.00 to $250.00 and gave the stock a “buy” rating in a research note on Wednesday, June 25th. Oppenheimer restated an “outperform” rating and issued a $225.00 price target (up previously from $200.00) on shares of NVIDIA in a research note on Thursday. Mizuho lifted their price target on shares of NVIDIA from $192.00 to $205.00 and gave the stock an “outperform” rating in a research note on Thursday, August 14th. Finally, JPMorgan Chase & Co. lifted their price target on shares of NVIDIA from $170.00 to $215.00 and gave the stock an “overweight” rating in a research note on Thursday. Four analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $207.69.

About NVIDIA

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.