NVIDIA Corporation $NVDA Shares Purchased by Leisure Capital Management

Leisure Capital Management lifted its stake in NVIDIA Corporation (NASDAQ:NVDA) by 1.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 18,678 shares of the computer hardware maker’s stock after purchasing an additional 346 shares during the period. NVIDIA makes up 0.8% of Leisure Capital Management’s investment portfolio, making the stock its 28th largest holding. Leisure Capital Management’s holdings in NVIDIA were worth $2,024,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also modified their holdings of the company. Kathleen S. Wright Associates Inc. boosted its stake in shares of NVIDIA by 169.3% during the 1st quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker’s stock worth $44,000 after acquiring an additional 254 shares in the last quarter. Copia Wealth Management purchased a new stake in shares of NVIDIA during the 4th quarter worth approximately $50,000. Barnes Dennig Private Wealth Management LLC purchased a new stake in shares of NVIDIA during the 1st quarter worth approximately $51,000. Bruce G. Allen Investments LLC boosted its stake in shares of NVIDIA by 198.2% during the 1st quarter. Bruce G. Allen Investments LLC now owns 492 shares of the computer hardware maker’s stock worth $53,000 after acquiring an additional 327 shares in the last quarter. Finally, LSV Asset Management purchased a new stake in shares of NVIDIA during the 4th quarter worth approximately $54,000. Hedge funds and other institutional investors own 65.27% of the company’s stock.

NVIDIA Trading Up 0.6%

Shares of NVDA stock opened at $171.66 on Friday. The stock has a market cap of $4.17 trillion, a price-to-earnings ratio of 48.91, a price-to-earnings-growth ratio of 1.24 and a beta of 2.10. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08. NVIDIA Corporation has a fifty-two week low of $86.62 and a fifty-two week high of $184.48. The firm’s 50 day moving average price is $172.55 and its two-hundred day moving average price is $140.01.

NVIDIA (NASDAQ:NVDA) last announced its quarterly 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 net margin of 52.41% and a return on equity of 101.74%. The firm had revenue of $46.74 billion for the quarter, compared to analysts’ expectations of $45.65 billion. During the same period in the previous year, the company posted $0.68 earnings per share. NVIDIA’s revenue was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. On average, analysts anticipate that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Dividend Announcement

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

Insider Activity

In other NVIDIA news, Director Mark A. Stevens sold 608,248 shares of the company’s stock in a transaction dated Wednesday, June 18th. The shares were sold at an average price of $145.26, for a total value of $88,354,104.48. Following the completion of the transaction, the director directly owned 8,247,600 shares of the company’s stock, valued at $1,198,046,376. This represents a 6.87% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Ajay K. Puri sold 168,195 shares of the company’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 $613,391,014.08. This represents a 4.02% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 4,872,755 shares of company stock valued at $764,283,330. Corporate insiders own 4.17% of the company’s stock.

Wall Street Analysts Forecast Growth

NVDA has been the topic of a number of recent research reports. Raymond James Financial upped their target price on NVIDIA from $150.00 to $165.00 and gave the company a “strong-buy” rating in a research note on Thursday, May 29th. DA Davidson upped their target price on NVIDIA from $135.00 to $195.00 and gave the company a “neutral” rating in a research note on Thursday, August 28th. Robert W. Baird lifted their price target on shares of NVIDIA from $195.00 to $225.00 and gave the stock an “outperform” rating in a report on Monday, August 25th. UBS Group lifted their price target on shares of NVIDIA from $175.00 to $205.00 and gave the stock a “buy” rating in a report on Thursday, August 21st. Finally, Wedbush reiterated an “outperform” rating and set a $210.00 price target on shares of NVIDIA in a report on Thursday, August 28th. Four research analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, NVIDIA presently has a consensus rating of “Moderate Buy” and a consensus target price of $207.69.

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.