Estuary Capital Management LP Purchases Shares of 96,627 NVIDIA Corporation $NVDA

Estuary Capital Management LP purchased a new stake in NVIDIA Corporation (NASDAQ:NVDA) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 96,627 shares of the computer hardware maker’s stock, valued at approximately $10,472,000. NVIDIA makes up about 2.5% of Estuary Capital Management LP’s holdings, making the stock its 13th largest position.

A number of other hedge funds and other institutional investors also recently bought and sold shares of NVDA. Elevate Wealth Advisory Inc. increased its position in shares of NVIDIA by 1.7% during the first quarter. Elevate Wealth Advisory Inc. now owns 4,617 shares of the computer hardware maker’s stock worth $500,000 after purchasing an additional 77 shares in the last quarter. Earnest Partners LLC increased its position in shares of NVIDIA by 0.7% during the first quarter. Earnest Partners LLC now owns 11,334 shares of the computer hardware maker’s stock worth $1,228,000 after purchasing an additional 81 shares in the last quarter. High Note Wealth LLC increased its position in shares of NVIDIA by 0.5% during the first quarter. High Note Wealth LLC now owns 17,873 shares of the computer hardware maker’s stock worth $1,937,000 after purchasing an additional 91 shares in the last quarter. Kelly Financial Services LLC increased its position in shares of NVIDIA by 2.0% during the first quarter. Kelly Financial Services LLC now owns 4,736 shares of the computer hardware maker’s stock worth $513,000 after purchasing an additional 94 shares in the last quarter. Finally, Next Capital Management LLC increased its position in shares of NVIDIA by 0.8% during the first quarter. Next Capital Management LLC now owns 12,589 shares of the computer hardware maker’s stock worth $1,364,000 after purchasing an additional 94 shares in the last quarter. 65.27% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

NVDA has been the topic of a number of research analyst reports. Evercore ISI lifted their target price on NVIDIA from $190.00 to $214.00 and gave the stock an “outperform” rating in a research report on Friday, August 22nd. Loop Capital lifted their target price on NVIDIA from $175.00 to $250.00 and gave the stock a “buy” rating in a research report on Wednesday, June 25th. JPMorgan Chase & Co. restated an “overweight” rating and issued a $215.00 price target on shares of NVIDIA in a research report on Thursday, September 4th. UBS Group boosted their price target on NVIDIA from $175.00 to $205.00 and gave the company a “buy” rating in a research report on Thursday, August 21st. Finally, KeyCorp restated an “overweight” rating and issued a $230.00 price target (up previously from $215.00) on shares of NVIDIA in a research report on Thursday, August 28th. Four research 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 assigned a Sell rating to the company. Based on data from MarketBeat, NVIDIA has a consensus rating of “Moderate Buy” and an average price target of $207.83.

NVIDIA Stock Performance

NASDAQ NVDA opened at $177.82 on Friday. 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 business’s 50 day moving average is $174.42 and its two-hundred day moving average is $141.58. NVIDIA Corporation has a 12-month low of $86.62 and a 12-month high of $184.48. The stock has a market capitalization 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:NVDA) last announced its quarterly 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. The business had revenue of $46.74 billion for the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. Research analysts expect that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Dividend Announcement

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

Insider Activity at NVIDIA

In other news, Director Dawn E. Hudson sold 18,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 3rd. The stock was sold at an average price of $172.00, for a total transaction of $3,096,000.00. Following the sale, the director owned 368,887 shares of the company’s stock, valued at $63,448,564. The trade was a 4.65% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Jen Hsun Huang sold 75,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 10th. The stock was sold at an average price of $177.57, for a total value of $13,317,750.00. Following the sale, the chief executive officer directly owned 72,248,366 shares in the company, valued at $12,829,142,350.62. This trade represents 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 worth $633,253,430 in the last three months. Corporate insiders own 4.17% of the company’s stock.

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.