NVIDIA Corporation $NVDA Shares Bought by Schmidt P J Investment Management Inc.

Schmidt P J Investment Management Inc. lifted its holdings in NVIDIA Corporation (NASDAQ:NVDA) by 0.3% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 53,748 shares of the computer hardware maker’s stock after purchasing an additional 135 shares during the period. Schmidt P J Investment Management Inc.’s holdings in NVIDIA were worth $5,825,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in NVDA. Acorns Advisers LLC increased its position in shares of NVIDIA by 23.8% in the first quarter. Acorns Advisers LLC now owns 93,603 shares of the computer hardware maker’s stock worth $10,145,000 after acquiring an additional 17,983 shares in the last quarter. Blue Rock Wealth Management LLC increased its position in shares of NVIDIA by 53.7% in the first quarter. Blue Rock Wealth Management LLC now owns 21,619 shares of the computer hardware maker’s stock worth $2,343,000 after acquiring an additional 7,553 shares in the last quarter. Capital Impact Advisors LLC purchased a new position in shares of NVIDIA in the first quarter worth approximately $14,314,000. Flaharty Asset Management LLC increased its position in shares of NVIDIA by 14.6% in the first quarter. Flaharty Asset Management LLC now owns 13,461 shares of the computer hardware maker’s stock worth $1,459,000 after acquiring an additional 1,714 shares in the last quarter. Finally, Strive Asset Management LLC increased its position in shares of NVIDIA by 30.1% in the first quarter. Strive Asset Management LLC now owns 17,191 shares of the computer hardware maker’s stock worth $1,863,000 after acquiring an additional 3,974 shares in the last quarter. Institutional investors and hedge funds own 65.27% of the company’s stock.

NVIDIA Stock Performance

NVDA stock opened at $177.82 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. The stock has a market cap of $4.32 trillion, a P/E ratio of 50.66, a P/E/G ratio of 1.29 and a beta of 2.10. The firm has a 50 day simple moving average of $174.42 and a 200 day simple moving average of $141.65. NVIDIA Corporation has a 52 week low of $86.62 and a 52 week high of $184.48.

NVIDIA (NASDAQ:NVDA) last posted 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 during the quarter, compared to analysts’ expectations of $45.65 billion. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The firm’s quarterly revenue was up 55.6% compared to the same quarter last year. During the same period last year, the company posted $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. Research analysts anticipate that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement

The firm 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. The ex-dividend date 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%.

Analyst Upgrades and Downgrades

NVDA has been the topic of several analyst reports. Robert W. Baird lifted their target price on shares of NVIDIA from $195.00 to $225.00 and gave the stock an “outperform” rating in a research report on Monday, August 25th. Wells Fargo & Company lifted their target price 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. Craig Hallum lifted their target price on shares of NVIDIA from $195.00 to $245.00 and gave the stock a “buy” rating in a research report on Thursday, August 28th. TD Cowen lifted their target price 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, Sanford C. Bernstein reissued an “outperform” rating and issued a $225.00 target price (up from $185.00) on shares of NVIDIA in a research report on Thursday, August 28th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, NVIDIA has a consensus rating of “Moderate Buy” and an average price target of $207.83.

Insider Buying and Selling

In other NVIDIA news, Director Dawn E. Hudson sold 18,000 shares of NVIDIA stock in a transaction that occurred on Wednesday, September 3rd. The shares were sold at an average price of $172.00, for a total value of $3,096,000.00. Following the completion of 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 transaction was disclosed in a legal filing 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 that occurred on 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 completion of the sale, the chief executive officer owned 72,248,366 shares of the company’s stock, valued at $12,829,142,350.62. This trade 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 valued at $633,253,430 over the last quarter. Corporate insiders own 4.17% of the company’s stock.

About NVIDIA

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.