2,685 Shares in NVIDIA Corporation $NVDA Bought by Okabena Investment Services Inc.

Okabena Investment Services Inc. bought a new position in NVIDIA Corporation (NASDAQ:NVDA) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 2,685 shares of the computer hardware maker’s stock, valued at approximately $291,000.

Several other hedge funds also recently made changes to their positions in the company. Brighton Jones LLC boosted its holdings in shares of NVIDIA by 12.4% during the 4th quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker’s stock valued at $43,631,000 after buying an additional 35,815 shares in the last quarter. Bank Pictet & Cie Europe AG boosted its stake in NVIDIA by 1.0% in the 4th quarter. Bank Pictet & Cie Europe AG now owns 2,346,417 shares of the computer hardware maker’s stock worth $315,100,000 after purchasing an additional 22,929 shares in the last quarter. Highview Capital Management LLC DE boosted its stake in NVIDIA by 6.7% in the 4th quarter. Highview Capital Management LLC DE now owns 58,396 shares of the computer hardware maker’s stock worth $7,842,000 after purchasing an additional 3,653 shares in the last quarter. Hudson Value Partners LLC raised its position in NVIDIA by 30.7% in the 4th quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker’s stock worth $6,805,000 after buying an additional 11,900 shares during the last quarter. Finally, Selway Asset Management purchased a new position in NVIDIA in the 4th quarter worth about $269,000. 65.27% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director Mark A. Stevens sold 608,248 shares of the company’s stock in a transaction on Wednesday, June 18th. The stock was sold at an average price of $145.26, for a total value of $88,354,104.48. Following the transaction, the director 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 sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Jen Hsun Huang sold 75,000 shares of the stock in a transaction dated Wednesday, June 25th. The stock was sold at an average price of $152.54, for a total value of $11,440,500.00. Following the transaction, the chief executive officer directly owned 75,548,225 shares in the company, valued at approximately $11,524,126,241.50. The trade was a 0.10% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 3,907,755 shares of company stock valued at $633,253,430 in the last quarter. Insiders own 4.17% of the company’s stock.

NVIDIA Price Performance

Shares of NASDAQ NVDA opened at $177.17 on Friday. 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 Corporation has a fifty-two week low of $86.62 and a fifty-two week high of $184.48. The company has a market cap of $4.31 trillion, a PE ratio of 50.48, a P/E/G ratio of 1.29 and a beta of 2.10. The business has a 50-day simple moving average of $174.05 and a two-hundred day simple moving average of $141.23.

NVIDIA (NASDAQ:NVDA) last announced its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) 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 company had revenue of $46.74 billion during the quarter, compared to the consensus estimate of $45.65 billion. NVIDIA’s revenue for the quarter was up 55.6% on a year-over-year basis. During the same period in the previous year, the company posted $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. As a group, equities analysts expect that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 2nd. Shareholders of record on Thursday, September 11th will be paid 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 payout ratio is 1.14%.

Wall Street Analyst Weigh In

NVDA has been the subject of several research reports. Oppenheimer reaffirmed an “outperform” rating and set a $225.00 price target (up previously from $200.00) on shares of NVIDIA in a research report on Thursday, August 28th. Jefferies Financial Group upped their price target on NVIDIA from $200.00 to $205.00 and gave the stock a “buy” rating in a research note on Thursday, August 28th. Bank of America increased their target price on NVIDIA from $220.00 to $235.00 and gave the company a “buy” rating in a research report on Thursday, August 28th. Piper Sandler set a $225.00 price target on NVIDIA and gave the company an “overweight” rating in a report on Wednesday, August 13th. Finally, Evercore ISI boosted their target price on NVIDIA from $190.00 to $214.00 and gave the company an “outperform” rating in a research report on Friday, August 22nd. Four investment analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, NVIDIA has an average rating of “Moderate Buy” and a consensus price target of $207.83.

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.