5th Street Advisors LLC Boosts Holdings in NVIDIA Corporation $NVDA

5th Street Advisors LLC grew its holdings in shares of NVIDIA Corporation (NASDAQ:NVDAFree Report) by 11.4% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,072 shares of the computer hardware maker’s stock after purchasing an additional 315 shares during the quarter. 5th Street Advisors LLC’s holdings in NVIDIA were worth $333,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Paragon Private Wealth Management LLC boosted its position in shares of NVIDIA by 12.2% in the first quarter. Paragon Private Wealth Management LLC now owns 58,201 shares of the computer hardware maker’s stock valued at $6,308,000 after acquiring an additional 6,343 shares during the period. Holt Capital Advisors L.L.C. dba Holt Capital Partners L.P. lifted its position in NVIDIA by 4.1% during the first quarter. Holt Capital Advisors L.L.C. dba Holt Capital Partners L.P. now owns 24,279 shares of the computer hardware maker’s stock valued at $2,631,000 after purchasing an additional 950 shares during the last quarter. Federation des caisses Desjardins du Quebec lifted its position in NVIDIA by 5.6% during the first quarter. Federation des caisses Desjardins du Quebec now owns 2,840,172 shares of the computer hardware maker’s stock valued at $307,878,000 after purchasing an additional 151,041 shares during the last quarter. Unisphere Establishment lifted its position in NVIDIA by 4.5% during the first quarter. Unisphere Establishment now owns 1,795,500 shares of the computer hardware maker’s stock valued at $194,596,000 after purchasing an additional 77,700 shares during the last quarter. Finally, Dark Forest Capital Management LP lifted its position in NVIDIA by 1,201.7% during the first quarter. Dark Forest Capital Management LP now owns 64,759 shares of the computer hardware maker’s stock valued at $7,019,000 after purchasing an additional 59,784 shares during the last quarter. 65.27% of the stock is currently owned by institutional investors.

NVIDIA Stock Up 0.4%

Shares of NASDAQ NVDA opened at $177.82 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 52 week low of $86.62 and a 52 week high of $184.48. The firm’s fifty day moving average is $174.42 and its 200 day moving average is $141.58. The company has a market cap of $4.32 trillion, a price-to-earnings ratio of 50.66, a PEG ratio of 1.29 and a beta of 2.10.

NVIDIA (NASDAQ:NVDAGet Free Report) last issued its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, topping the consensus estimate of $1.01 by $0.04. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The company had revenue of $46.74 billion for the quarter, compared to the consensus estimate of $45.65 billion. During the same period in the previous year, the firm earned $0.68 earnings per share. The firm’s revenue for the quarter was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. On average, equities research analysts expect that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Dividend Announcement

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

Analysts Set New Price Targets

Several equities research analysts have issued reports on NVDA shares. Truist Financial lifted their target price on shares of NVIDIA from $210.00 to $228.00 and gave the company a “buy” rating in a research report on Thursday, August 28th. The Goldman Sachs Group restated a “buy” rating and issued a $200.00 price objective on shares of NVIDIA in a report on Wednesday, August 27th. Wedbush restated an “outperform” rating and issued a $210.00 price objective on shares of NVIDIA in a report on Thursday, August 28th. Stifel Nicolaus boosted their price objective on shares of NVIDIA from $202.00 to $212.00 and gave the stock a “buy” rating in a report on Monday, August 25th. Finally, Piper Sandler set a $225.00 price objective on shares of NVIDIA and gave the stock an “overweight” rating in a report on Wednesday, August 13th. Four equities research 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 issued a Sell rating to the company’s stock. According to data from MarketBeat, NVIDIA has a consensus rating of “Moderate Buy” and an average price target of $207.83.

Get Our Latest Stock Analysis on NVDA

Insider Buying and Selling

In other NVIDIA news, Director Mark A. Stevens sold 608,248 shares of the business’s stock in a transaction on Wednesday, June 18th. The shares were sold at an average price of $145.26, for a total transaction of $88,354,104.48. Following the transaction, the director directly owned 8,247,600 shares of the company’s stock, valued at approximately $1,198,046,376. The trade was a 6.87% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Ajay K. Puri sold 168,195 shares of the business’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 transaction, the executive vice president directly owned 4,018,547 shares in the company, valued at approximately $613,391,014.08. The trade was a 4.02% decrease in their ownership of the stock. 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 over the last three months. 4.17% of the stock is owned by company insiders.

NVIDIA Profile

(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.

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Institutional Ownership by Quarter for NVIDIA (NASDAQ:NVDA)

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