NVIDIA Corporation $NVDA Position Lifted by Modern Wealth Management LLC

Modern Wealth Management LLC grew its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA) by 38.2% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 152,398 shares of the computer hardware maker’s stock after purchasing an additional 42,131 shares during the period. Modern Wealth Management LLC’s holdings in NVIDIA were worth $16,517,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of NVDA. Astoria Portfolio Advisors LLC. increased its holdings in shares of NVIDIA by 0.9% in the 1st quarter. Astoria Portfolio Advisors LLC. now owns 93,568 shares of the computer hardware maker’s stock worth $9,610,000 after acquiring an additional 864 shares during the period. Centerpoint Advisory Group increased its holdings in shares of NVIDIA by 2.5% in the 1st quarter. Centerpoint Advisory Group now owns 39,398 shares of the computer hardware maker’s stock worth $4,270,000 after acquiring an additional 943 shares during the period. GSB Wealth Management LLC increased its holdings in shares of NVIDIA by 3.3% in the 1st quarter. GSB Wealth Management LLC now owns 32,611 shares of the computer hardware maker’s stock worth $3,534,000 after acquiring an additional 1,043 shares during the period. Variant Private Wealth LLC increased its holdings in shares of NVIDIA by 20.6% in the 1st quarter. Variant Private Wealth LLC now owns 18,800 shares of the computer hardware maker’s stock worth $2,038,000 after acquiring an additional 3,206 shares during the period. Finally, Financial Perspectives Inc increased its holdings in shares of NVIDIA by 2.8% in the 1st quarter. Financial Perspectives Inc now owns 45,958 shares of the computer hardware maker’s stock worth $4,981,000 after acquiring an additional 1,265 shares during the period. 65.27% of the stock is owned by institutional investors and hedge funds.

NVIDIA Stock Performance

Shares of NVDA opened at $177.75 on Tuesday. NVIDIA Corporation has a one year low of $86.62 and a one year high of $184.48. The company has a 50-day moving average of $174.81 and a two-hundred day moving average of $142.18. The stock has a market cap of $4.32 trillion, a price-to-earnings ratio of 50.64, a PEG ratio of 1.29 and a beta of 2.10. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.21 and a quick ratio of 3.60.

NVIDIA (NASDAQ:NVDA) last announced 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 during the quarter, compared to analysts’ expectations of $45.65 billion. During the same period last year, the company posted $0.68 earnings per share. The business’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 Announces Dividend

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 issued a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. The ex-dividend date is Thursday, September 11th. NVIDIA’s dividend payout ratio (DPR) is currently 1.14%.

Analyst Ratings Changes

A number of analysts recently weighed in on NVDA shares. Mizuho increased their price objective on shares of NVIDIA from $192.00 to $205.00 and gave the stock an “outperform” rating in a report on Thursday, August 14th. Oppenheimer reaffirmed an “outperform” rating and issued a $225.00 price objective (up previously from $200.00) on shares of NVIDIA in a report on Thursday, August 28th. Barclays raised their target price on shares of NVIDIA from $170.00 to $200.00 and gave the company an “overweight” rating in a research note on Tuesday, June 17th. Citigroup lowered their target price on shares of NVIDIA from $210.00 to $200.00 and set a “buy” rating on the stock in a research note on Monday, September 8th. Finally, Wall Street Zen raised shares of NVIDIA from a “hold” rating to a “buy” rating in a research note on Friday, September 5th. Four 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 assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $207.83.

Insider Buying and Selling

In related news, Director Dawn E. Hudson sold 18,000 shares of the firm’s stock in a transaction that occurred on 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 completion of the sale, the director directly owned 368,887 shares in the company, valued at approximately $63,448,564. This trade represents a 4.65% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Jen Hsun Huang sold 75,000 shares of the firm’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 transaction of $13,317,750.00. Following the sale, the chief executive officer owned 72,248,366 shares of the company’s stock, 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. Over the last three months, insiders sold 4,405,552 shares of company stock worth $721,811,877. 4.17% of the stock is owned by company insiders.

NVIDIA 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.