NVIDIA Corporation $NVDA Shares Purchased by Arvest Investments Inc.

Arvest Investments Inc. raised its stake in NVIDIA Corporation (NASDAQ:NVDAFree Report) by 15.5% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 20,720 shares of the computer hardware maker’s stock after buying an additional 2,778 shares during the quarter. Arvest Investments Inc.’s holdings in NVIDIA were worth $3,274,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Astoria Portfolio Advisors LLC. raised its holdings in NVIDIA by 0.9% during the 1st quarter. Astoria Portfolio Advisors LLC. now owns 93,568 shares of the computer hardware maker’s stock worth $9,610,000 after buying an additional 864 shares during the period. Centerpoint Advisory Group grew its stake in NVIDIA by 2.5% during the 1st quarter. Centerpoint Advisory Group now owns 39,398 shares of the computer hardware maker’s stock valued at $4,270,000 after acquiring an additional 943 shares in the last quarter. GSB Wealth Management LLC grew its stake in NVIDIA by 3.3% during the 1st quarter. GSB Wealth Management LLC now owns 32,611 shares of the computer hardware maker’s stock valued at $3,534,000 after acquiring an additional 1,043 shares in the last quarter. Variant Private Wealth LLC grew its stake in NVIDIA by 20.6% during the 1st quarter. Variant Private Wealth LLC now owns 18,800 shares of the computer hardware maker’s stock valued at $2,038,000 after acquiring an additional 3,206 shares in the last quarter. Finally, Financial Perspectives Inc grew its stake 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 valued at $4,981,000 after buying an additional 1,265 shares in the last quarter. 65.27% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on NVDA. Raymond James Financial boosted their price target on NVIDIA from $150.00 to $165.00 and gave the company a “strong-buy” rating in a research note on Thursday, May 29th. Wall Street Zen raised NVIDIA from a “hold” rating to a “buy” rating in a research note on Friday, September 5th. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $225.00 target price (up previously from $185.00) on shares of NVIDIA in a research report on Thursday, August 28th. Barclays upped their target price on NVIDIA from $170.00 to $200.00 and gave the stock an “overweight” rating in a research report on Tuesday, June 17th. Finally, UBS Group upped their target price on NVIDIA from $175.00 to $205.00 and gave the stock a “buy” rating in a research report on Thursday, August 21st. Four analysts have rated the stock with a Strong Buy rating, thirty-six have assigned a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, NVIDIA has an average rating of “Moderate Buy” and a consensus price target of $208.47.

Get Our Latest Report on NVIDIA

NVIDIA Stock Performance

Shares of NASDAQ NVDA opened at $170.29 on Thursday. The stock’s fifty day moving average price is $175.25 and its two-hundred day moving average price is $142.59. The firm has a market cap of $4.14 trillion, a price-to-earnings ratio of 48.52, a P/E/G ratio of 1.26 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 Corporation has a one year low of $86.62 and a one year high of $184.48.

NVIDIA (NASDAQ:NVDAGet Free Report) last released its 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. The firm had revenue of $46.74 billion during the quarter, compared to the consensus estimate of $45.65 billion. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The company’s revenue was up 55.6% compared to the same quarter last year. During the same period in the prior year, the company posted $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. On average, equities analysts forecast that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 2nd. Investors 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 is Thursday, September 11th. NVIDIA’s dividend payout ratio is currently 1.14%.

Insiders Place Their Bets

In other NVIDIA news, CEO Jen Hsun Huang sold 75,000 shares of the company’s stock in a transaction dated Wednesday, June 25th. The stock was sold at an average price of $152.54, for a total value of $11,440,500.00. Following the completion of the transaction, the chief executive officer owned 75,548,225 shares of the company’s stock, valued at $11,524,126,241.50. This represents a 0.10% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Mark A. Stevens sold 297,797 shares of the stock in a transaction dated 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 sale, the director directly owned 7,749,803 shares of the company’s stock, valued at approximately $1,380,937,396.57. The trade was a 3.70% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 3,975,304 shares of company stock valued at $665,001,763 in the last 90 days. Corporate insiders own 4.17% of the company’s stock.

NVIDIA Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for NVIDIA (NASDAQ:NVDA)

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