Anchor Investment Management LLC Raises Stock Position in NVIDIA Corporation $NVDA

Anchor Investment Management LLC increased its holdings in NVIDIA Corporation (NASDAQ:NVDA) by 10.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 79,799 shares of the computer hardware maker’s stock after acquiring an additional 7,276 shares during the quarter. Anchor Investment Management LLC’s holdings in NVIDIA were worth $8,649,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the business. Kathleen S. Wright Associates Inc. boosted its position in shares of NVIDIA by 169.3% during the 1st quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker’s stock worth $44,000 after purchasing an additional 254 shares in the last quarter. Copia Wealth Management purchased a new stake in shares of NVIDIA during the 4th quarter worth $50,000. Barnes Dennig Private Wealth Management LLC purchased a new stake in shares of NVIDIA during the 1st quarter worth $51,000. Bruce G. Allen Investments LLC boosted its position in shares of NVIDIA by 198.2% during the 1st quarter. Bruce G. Allen Investments LLC now owns 492 shares of the computer hardware maker’s stock worth $53,000 after purchasing an additional 327 shares in the last quarter. Finally, Campbell Capital Management Inc. boosted its position in shares of NVIDIA by 5,900.0% during the 1st quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker’s stock worth $65,000 after purchasing an additional 590 shares in the last quarter. 65.27% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, Director Dawn E. Hudson sold 18,000 shares of NVIDIA stock in a transaction dated Wednesday, September 3rd. The shares were sold at an average price of $172.00, for a total transaction of $3,096,000.00. Following the sale, the director directly owned 368,887 shares in the company, valued at $63,448,564. The trade was a 4.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Jen Hsun Huang sold 75,000 shares of NVIDIA stock in a transaction dated Wednesday, September 10th. The shares were sold at an average price of $177.57, for a total transaction of $13,317,750.00. Following the sale, the chief executive officer owned 72,248,366 shares in the company, valued at approximately $12,829,142,350.62. This represents a 0.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 3,907,755 shares of company stock worth $633,253,430 over the last quarter. 4.17% of the stock is currently owned by company insiders.

NVIDIA Trading Up 0.4%

NASDAQ NVDA opened at $177.82 on Friday. The company’s fifty day simple moving average is $174.42 and its 200-day simple moving average is $141.65. NVIDIA Corporation has a 52 week low of $86.62 and a 52 week 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 $4.32 trillion, a P/E ratio of 50.66, a PEG ratio of 1.29 and a beta of 2.10.

NVIDIA (NASDAQ:NVDA) last released its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, beating 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%.The business’s revenue was up 55.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. Equities research analysts predict that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Dividend Announcement

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

Wall Street Analysts Forecast Growth

NVDA has been the topic of several recent research reports. Bank of America boosted their price objective on shares of NVIDIA from $220.00 to $235.00 and gave the stock a “buy” rating in a research report on Thursday, August 28th. Wells Fargo & Company boosted their price objective on shares of NVIDIA from $185.00 to $220.00 and gave the stock an “overweight” rating in a research report on Monday, August 11th. Sanford C. Bernstein reiterated an “outperform” rating and issued a $225.00 price objective (up from $185.00) on shares of NVIDIA in a research report on Thursday, August 28th. TD Cowen boosted their price objective on shares of NVIDIA from $140.00 to $235.00 and gave the stock a “buy” rating in a research report on Tuesday, August 19th. Finally, Rosenblatt Securities boosted their price objective on shares of NVIDIA from $200.00 to $215.00 and gave the stock a “buy” rating in a research report on Thursday, August 28th. Four analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, NVIDIA presently has a consensus 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.