Higgins & Schmidt Wealth Strategies LLC Purchases 261 Shares of NVIDIA Corporation $NVDA

Higgins & Schmidt Wealth Strategies LLC boosted its stake in shares of NVIDIA Corporation (NASDAQ:NVDA) by 8.0% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,542 shares of the computer hardware maker’s stock after purchasing an additional 261 shares during the period. NVIDIA comprises about 0.3% of Higgins & Schmidt Wealth Strategies LLC’s investment portfolio, making the stock its 29th biggest position. Higgins & Schmidt Wealth Strategies LLC’s holdings in NVIDIA were worth $560,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Copia Wealth Management purchased a new stake in shares of NVIDIA in the fourth quarter worth about $50,000. Kathleen S. Wright Associates Inc. lifted its position in shares of NVIDIA by 169.3% in the first quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker’s stock worth $44,000 after buying an additional 254 shares in the last quarter. Barnes Dennig Private Wealth Management LLC bought a new stake in NVIDIA during the first quarter worth approximately $51,000. Bruce G. Allen Investments LLC increased its stake in NVIDIA by 198.2% during the first quarter. Bruce G. Allen Investments LLC now owns 492 shares of the computer hardware maker’s stock worth $53,000 after acquiring an additional 327 shares during the last quarter. Finally, Campbell Capital Management Inc. increased its stake in NVIDIA by 5,900.0% during the first quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker’s stock worth $65,000 after acquiring an additional 590 shares during the last quarter. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at NVIDIA

In other NVIDIA news, Director Mark A. Stevens sold 297,797 shares of the business’s stock in a transaction on Friday, September 12th. The shares were sold at an average price of $178.19, for a total value of $53,064,447.43. Following the completion of the transaction, the director owned 7,749,803 shares in the company, valued at $1,380,937,396.57. The trade was a 3.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Jen Hsun Huang sold 75,000 shares of NVIDIA stock in a transaction on Monday, September 15th. The stock was sold at an average price of $176.57, for a total transaction of $13,242,750.00. Following the sale, the chief executive officer directly owned 72,023,366 shares of the company’s stock, valued at approximately $12,717,165,734.62. This trade represents a 0.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 3,975,304 shares of company stock worth $665,001,763 over the last quarter. Company insiders own 4.17% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on NVDA shares. DA Davidson raised NVIDIA from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $195.00 to $210.00 in a research note on Thursday, September 11th. Barclays upped their target price on NVIDIA from $170.00 to $200.00 and gave the company an “overweight” rating in a research note on Tuesday, June 17th. Wolfe Research upped their target price on NVIDIA from $220.00 to $230.00 and gave the company an “outperform” rating in a research note on Thursday, August 28th. Wedbush reaffirmed an “outperform” rating and set a $210.00 target price on shares of NVIDIA in a research note on Thursday, August 28th. Finally, Summit Insights raised NVIDIA from a “hold” rating to a “buy” rating in a research note on Thursday, May 29th. Four research analysts have rated the stock with a Strong Buy rating, thirty-six have given a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $208.47.

NVIDIA Price Performance

NASDAQ:NVDA opened at $170.29 on Thursday. The stock has a market capitalization of $4.14 trillion, a PE ratio of 48.52, a price-to-earnings-growth ratio of 1.26 and a beta of 2.10. NVIDIA Corporation has a 52 week low of $86.62 and a 52 week high of $184.48. The stock’s 50-day moving average price is $175.25 and its 200-day moving average price is $142.59. 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 (NASDAQ:NVDA) last issued its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share for the quarter, beating analysts’ consensus estimates of $1.01 by $0.04. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The firm had revenue of $46.74 billion for the quarter, compared to analyst estimates of $45.65 billion. During the same period last year, the company posted $0.68 EPS. NVIDIA’s quarterly revenue was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. As a group, equities analysts expect that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Announces Dividend

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 given 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 of this dividend is Thursday, September 11th. NVIDIA’s payout ratio is presently 1.14%.

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.