Vermillion & White Wealth Management Group LLC Has $102,000 Stake in NVIDIA Corporation $NVDA

Vermillion & White Wealth Management Group LLC boosted its stake in NVIDIA Corporation (NASDAQ:NVDAFree Report) by 32.3% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 943 shares of the computer hardware maker’s stock after buying an additional 230 shares during the quarter. Vermillion & White Wealth Management Group LLC’s holdings in NVIDIA were worth $102,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of NVDA. Brighton Jones LLC boosted its stake in NVIDIA by 12.4% in the fourth quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker’s stock worth $43,631,000 after purchasing an additional 35,815 shares in the last quarter. Bank Pictet & Cie Europe AG boosted its stake in NVIDIA by 1.0% in the fourth 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 fourth 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 boosted its stake in NVIDIA by 30.7% in the fourth quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker’s stock worth $6,805,000 after purchasing an additional 11,900 shares in the last quarter. Finally, Selway Asset Management acquired a new position in NVIDIA in the fourth quarter worth $269,000. Institutional investors and hedge funds own 65.27% of the company’s stock.

NVIDIA Stock Down 0.1%

NASDAQ:NVDA opened at $177.17 on Friday. NVIDIA Corporation has a 1 year low of $86.62 and a 1 year high of $184.48. 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 stock has a market cap of $4.31 trillion, a price-to-earnings ratio of 50.48, a PEG ratio of 1.29 and a beta of 2.10. The stock has a 50-day moving average price of $174.05 and a two-hundred day moving average price of $141.23.

NVIDIA (NASDAQ:NVDAGet Free Report) last posted its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.04. The company had revenue of $46.74 billion during the quarter, compared to analysts’ expectations of $45.65 billion. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.NVIDIA’s revenue for the quarter was up 55.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $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 earnings per share for the current year.

NVIDIA Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 2nd. Investors 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 annualized dividend and a yield of 0.0%. NVIDIA’s dividend payout ratio is 1.14%.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on NVDA shares. Loop Capital boosted their price objective on NVIDIA from $175.00 to $250.00 and gave the stock a “buy” rating in a research note on Wednesday, June 25th. Cantor Fitzgerald reissued an “overweight” rating and issued a $240.00 price objective on shares of NVIDIA in a research note on Thursday, August 28th. Craig Hallum boosted their target price on NVIDIA from $195.00 to $245.00 and gave the stock a “buy” rating in a research report on Thursday, August 28th. Jefferies Financial Group boosted their target price on NVIDIA from $200.00 to $205.00 and gave the stock a “buy” rating in a research report on Thursday, August 28th. Finally, Piper Sandler set a $225.00 target price on NVIDIA and gave the stock an “overweight” rating in a research report on Wednesday, August 13th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $207.83.

Get Our Latest Report on NVIDIA

Insider Activity at NVIDIA

In related news, Director Mark A. Stevens sold 608,248 shares of the stock in a transaction that occurred on Wednesday, June 18th. The stock was sold at an average price of $145.26, for a total transaction 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 approximately $1,198,046,376. This represents a 6.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Jen Hsun Huang sold 75,000 shares of the stock in a transaction that occurred on Wednesday, June 25th. The shares were 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 of the company’s stock, valued at $11,524,126,241.50. This trade represents a 0.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 3,907,755 shares of company stock valued at $633,253,430. Insiders own 4.17% of the company’s stock.

About NVIDIA

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for NVIDIA (NASDAQ:NVDA)

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