Syntegra Private Wealth Group LLC Has $2.95 Million Stock Holdings in NVIDIA Corporation $NVDA

Syntegra Private Wealth Group LLC grew its holdings in NVIDIA Corporation (NASDAQ:NVDA) by 6.5% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 27,219 shares of the computer hardware maker’s stock after buying an additional 1,666 shares during the quarter. Syntegra Private Wealth Group LLC’s holdings in NVIDIA were worth $2,950,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. 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 valued at $44,000 after buying an additional 254 shares in the last quarter. Copia Wealth Management acquired a new position in NVIDIA during the 4th quarter worth $50,000. Barnes Dennig Private Wealth Management LLC acquired a new position in NVIDIA during the 1st quarter worth $51,000. Bruce G. Allen Investments LLC lifted its holdings in 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 buying an additional 327 shares in the last quarter. Finally, LSV Asset Management acquired a new position in NVIDIA during the 4th quarter worth $54,000. 65.27% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, Director Dawn E. Hudson sold 18,000 shares of the company’s stock in a transaction on Wednesday, September 3rd. The shares were sold at an average price of $172.00, for a total value of $3,096,000.00. Following the completion of the sale, the director owned 368,887 shares in the company, valued at $63,448,564. This represents a 4.65% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Jen Hsun Huang sold 75,000 shares of the stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $169.65, for a total value of $12,723,750.00. Following the transaction, the chief executive officer owned 72,698,366 shares of the company’s stock, valued at approximately $12,333,277,791.90. This trade represents a 0.10% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 4,872,755 shares of company stock valued at $764,283,330. 4.17% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

NVDA has been the topic of several research reports. Piper Sandler set a $225.00 price objective on NVIDIA and gave the stock an “overweight” rating in a report on Wednesday, August 13th. Oppenheimer reaffirmed 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. KeyCorp reaffirmed 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. Rosenblatt Securities upped their price objective on NVIDIA from $200.00 to $215.00 and gave the stock a “buy” rating in a report on Thursday, August 28th. Finally, Loop Capital upped their price objective on NVIDIA from $175.00 to $250.00 and gave the stock a “buy” rating in a report on Wednesday, June 25th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $207.69.

NVIDIA Price Performance

NVDA opened at $171.66 on Friday. 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 12 month low of $86.62 and a 12 month high of $184.48. The company has a fifty day simple moving average of $172.55 and a 200 day simple moving average of $140.01. The stock has a market cap 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.

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

NVIDIA Announces Dividend

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

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.