NVIDIA Corporation $NVDA Shares Bought by Cary Street Partners Financial LLC

Cary Street Partners Financial LLC raised its holdings in NVIDIA Corporation (NASDAQ:NVDA) by 5.9% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 170,675 shares of the computer hardware maker’s stock after acquiring an additional 9,535 shares during the quarter. Cary Street Partners Financial LLC’s holdings in NVIDIA were worth $18,498,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Advyzon Investment Management LLC lifted its holdings in NVIDIA by 55.8% in the 1st quarter. Advyzon Investment Management LLC now owns 32,669 shares of the computer hardware maker’s stock valued at $3,541,000 after acquiring an additional 11,694 shares during the last quarter. Middleton & Co. Inc. MA raised its holdings in NVIDIA by 238.1% during the 1st quarter. Middleton & Co. Inc. MA now owns 53,452 shares of the computer hardware maker’s stock worth $5,793,000 after buying an additional 37,642 shares during the period. Plan Group Financial LLC raised its holdings in NVIDIA by 133.6% during the 1st quarter. Plan Group Financial LLC now owns 5,141 shares of the computer hardware maker’s stock worth $557,000 after buying an additional 2,940 shares during the period. Wills Financial Group LLC acquired a new stake in NVIDIA during the 1st quarter worth about $388,000. Finally, Kickstand Ventures LLC. raised its holdings in NVIDIA by 2.9% during the 1st quarter. Kickstand Ventures LLC. now owns 4,241 shares of the computer hardware maker’s stock worth $460,000 after buying an additional 120 shares during the period. 65.27% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have issued reports on NVDA. Evercore ISI boosted their price objective on NVIDIA from $190.00 to $214.00 and gave the stock an “outperform” rating in a report on Friday, August 22nd. Oppenheimer restated an “outperform” rating and set a $225.00 price objective (up previously from $200.00) on shares of NVIDIA in a report on Thursday, August 28th. Phillip Securities upgraded NVIDIA from a “moderate buy” rating to a “strong-buy” rating in a report on Monday, July 14th. BNP Paribas upgraded NVIDIA to a “hold” rating in a report on Friday, August 1st. Finally, Cantor Fitzgerald restated an “overweight” rating and set a $240.00 price objective on shares of NVIDIA in a report on Thursday, August 28th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $207.69.

NVIDIA Trading Up 0.6%

NASDAQ:NVDA opened at $171.66 on Friday. The stock’s 50 day moving average price is $172.55 and its 200 day moving average price is $140.01. NVIDIA Corporation has a 52 week low of $86.62 and a 52 week high of $184.48. The company has a market capitalization of $4.17 trillion, a P/E ratio of 48.91, a P/E/G ratio of 1.24 and a beta of 2.10. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.60 and a current ratio of 4.21.

NVIDIA (NASDAQ:NVDA) last released its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, topping 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 firm had revenue of $46.74 billion for the quarter, compared to the consensus estimate of $45.65 billion. During the same quarter in the prior year, the company posted $0.68 earnings per share. The firm’s revenue was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. On average, research analysts forecast that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Dividend Announcement

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

Insider Buying and Selling

In other NVIDIA news, CEO Jen Hsun Huang sold 75,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $169.65, for a total transaction of $12,723,750.00. Following the completion of the sale, the chief executive officer owned 72,698,366 shares of the company’s stock, valued at $12,333,277,791.90. This represents a 0.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Dawn E. Hudson sold 18,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 3rd. The stock was sold at an average price of $172.00, for a total value of $3,096,000.00. Following the sale, the director directly owned 368,887 shares of the company’s stock, valued at $63,448,564. The trade was a 4.65% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 4,872,755 shares of company stock valued at $764,283,330 in the last ninety days. Company insiders own 4.17% of the company’s stock.

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.