Fidato Wealth LLC Makes New Investment in NVIDIA Corporation $NVDA

Fidato Wealth LLC purchased a new position in shares of NVIDIA Corporation (NASDAQ:NVDA) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 4,589 shares of the computer hardware maker’s stock, valued at approximately $497,000. NVIDIA makes up 0.4% of Fidato Wealth LLC’s investment portfolio, making the stock its 13th biggest position.

A number of other hedge funds also recently bought and sold shares of the business. GSG Advisors LLC boosted its position in NVIDIA by 5.7% during the first quarter. GSG Advisors LLC now owns 43,938 shares of the computer hardware maker’s stock worth $5,023,000 after purchasing an additional 2,371 shares in the last quarter. Lincoln Capital LLC lifted its position in shares of NVIDIA by 10.7% in the first quarter. Lincoln Capital LLC now owns 5,539 shares of the computer hardware maker’s stock valued at $548,000 after acquiring an additional 535 shares in the last quarter. M Holdings Securities Inc. lifted its position in shares of NVIDIA by 0.7% in the first quarter. M Holdings Securities Inc. now owns 102,659 shares of the computer hardware maker’s stock valued at $11,126,000 after acquiring an additional 671 shares in the last quarter. Pinnacle Wealth Management LLC lifted its position in shares of NVIDIA by 0.3% in the first quarter. Pinnacle Wealth Management LLC now owns 34,726 shares of the computer hardware maker’s stock valued at $3,764,000 after acquiring an additional 102 shares in the last quarter. Finally, Cornerstone Select Advisors LLC lifted its position in shares of NVIDIA by 5.6% in the first quarter. Cornerstone Select Advisors LLC now owns 43,771 shares of the computer hardware maker’s stock valued at $4,744,000 after acquiring an additional 2,317 shares in the last quarter. Hedge funds and other institutional investors own 65.27% of the company’s stock.

NVIDIA Price Performance

NVDA stock opened at $177.33 on Thursday. The company has a current ratio of 4.21, a quick ratio of 3.60 and a debt-to-equity ratio of 0.08. The company has a market capitalization of $4.31 trillion, a PE ratio of 50.52, a P/E/G ratio of 1.24 and a beta of 2.10. NVIDIA Corporation has a 12-month low of $86.62 and a 12-month high of $184.48. The business’s fifty day moving average price is $173.69 and its 200 day moving average price is $140.91.

NVIDIA (NASDAQ:NVDA) last posted its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.01 by $0.04. The firm had revenue of $46.74 billion for the quarter, compared to the consensus estimate of $45.65 billion. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The company’s quarterly revenue was up 55.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. On average, sell-side 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. Investors of record on Thursday, September 11th will be issued a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. The ex-dividend date is Thursday, September 11th. NVIDIA’s payout ratio is currently 1.14%.

Insider Buying and Selling at NVIDIA

In related news, Director Dawn E. Hudson sold 18,000 shares of the business’s stock in a transaction 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 owned 368,887 shares in the company, valued at approximately $63,448,564. The trade was a 4.65% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Jen Hsun Huang sold 75,000 shares of the business’s stock in a transaction on Monday, September 8th. The shares were sold at an average price of $169.71, for a total value of $12,728,250.00. Following the completion of the sale, the chief executive officer owned 72,398,366 shares in the company, valued at $12,286,726,693.86. This represents a 0.10% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 3,832,755 shares of company stock worth $619,935,680 in the last quarter. Company insiders own 4.17% of the company’s stock.

Analyst Upgrades and Downgrades

NVDA has been the topic of several research reports. Summit Insights upgraded NVIDIA from a “hold” rating to a “buy” rating in a research report on Thursday, May 29th. Robert W. Baird raised their target price on NVIDIA from $195.00 to $225.00 and gave the company an “outperform” rating in a research report on Monday, August 25th. Wells Fargo & Company raised their target price on NVIDIA from $185.00 to $220.00 and gave the company an “overweight” rating in a research report on Monday, August 11th. Wedbush restated an “outperform” rating and issued a $210.00 target price on shares of NVIDIA in a research report on Thursday, August 28th. Finally, Wall Street Zen raised NVIDIA from a “hold” rating to a “buy” rating in a report on Friday, September 5th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $207.42.

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.