NVIDIA Corporation $NVDA Shares Purchased by Powell Investment Advisors LLC

Powell Investment Advisors LLC raised its position in NVIDIA Corporation (NASDAQ:NVDA) by 154.3% during the first quarter, according to its most recent 13F filing with the SEC. The fund owned 46,461 shares of the computer hardware maker’s stock after buying an additional 28,189 shares during the period. NVIDIA comprises approximately 2.5% of Powell Investment Advisors LLC’s holdings, making the stock its 10th largest holding. Powell Investment Advisors LLC’s holdings in NVIDIA were worth $5,036,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in NVDA. Kathleen S. Wright Associates Inc. boosted its position in shares of 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 during the last quarter. Copia Wealth Management acquired a new stake in shares of NVIDIA in the 4th quarter valued at about $50,000. Barnes Dennig Private Wealth Management LLC acquired a new stake in shares of NVIDIA in the first quarter valued at about $51,000. Bruce G. Allen Investments LLC increased its position 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 valued at $53,000 after acquiring an additional 327 shares during the last quarter. Finally, LSV Asset Management acquired a new stake in shares of NVIDIA in the fourth quarter valued at about $54,000. 65.27% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on NVDA shares. KeyCorp restated an “overweight” rating and set a $230.00 price objective (up previously from $215.00) on shares of NVIDIA in a report on Thursday, August 28th. Arete Research upgraded shares of NVIDIA to a “strong-buy” rating in a research report on Wednesday, May 21st. The Goldman Sachs Group restated a “buy” rating and set a $200.00 price objective on shares of NVIDIA in a research report on Wednesday, August 27th. Mizuho upped their price target on shares of NVIDIA from $192.00 to $205.00 and gave the stock an “outperform” rating in a report on Thursday, August 14th. Finally, Summit Insights raised shares of NVIDIA from a “hold” rating to a “buy” rating in a research note on Thursday, May 29th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-three 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.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $207.69.

Insiders Place Their Bets

In other news, Director Mark A. Stevens sold 608,248 shares of the business’s stock in a transaction dated Wednesday, June 18th. The stock was sold at an average price of $145.26, for a total transaction of $88,354,104.48. Following the completion of the transaction, the director owned 8,247,600 shares of the company’s stock, valued at approximately $1,198,046,376. The trade was a 6.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Tench Coxe sold 1,000,000 shares of the business’s stock in a transaction dated Monday, June 9th. The stock was sold at an average price of $142.80, for a total value of $142,800,000.00. Following the transaction, the director directly owned 26,671,360 shares of the company’s stock, valued at $3,808,670,208. The trade was a 3.61% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 4,801,604 shares of company stock worth $747,046,639 over the last three months. Company insiders own 4.17% of the company’s stock.

NVIDIA Trading Down 2.0%

NASDAQ:NVDA opened at $170.78 on Wednesday. The firm’s 50 day moving average is $171.89 and its 200 day moving average is $139.57. 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 $4.15 trillion, a PE ratio of 48.66, a price-to-earnings-growth ratio of 1.30 and a beta of 2.10. The company has a current ratio of 4.21, a quick ratio of 2.96 and a debt-to-equity ratio of 0.08.

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

NVIDIA Announces Dividend

The firm also recently disclosed 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. The ex-dividend date of this dividend is Thursday, September 11th. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. NVIDIA’s payout ratio is presently 1.14%.

NVIDIA 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.