TrueWealth Advisors LLC Acquires 873 Shares of NVIDIA Corporation $NVDA

TrueWealth Advisors LLC boosted its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA) by 11.0% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 8,831 shares of the computer hardware maker’s stock after acquiring an additional 873 shares during the quarter. TrueWealth Advisors LLC’s holdings in NVIDIA were worth $1,395,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Kathleen S. Wright Associates Inc. grew its holdings in NVIDIA by 169.3% during the first quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker’s stock valued at $44,000 after purchasing an additional 254 shares during the last quarter. Copia Wealth Management acquired a new stake in shares of NVIDIA in the fourth quarter worth $50,000. Barnes Dennig Private Wealth Management LLC acquired a new stake in shares of NVIDIA in the first quarter worth $51,000. Bruce G. Allen Investments LLC grew its stake in shares of NVIDIA by 198.2% in 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. grew its stake in shares of NVIDIA by 5,900.0% in 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. Institutional investors own 65.27% of the company’s stock.

NVIDIA Stock Down 2.6%

NVDA opened at $170.29 on Thursday. The stock’s fifty day simple moving average is $175.25 and its 200 day simple moving average is $142.59. NVIDIA Corporation has a 1-year low of $86.62 and a 1-year high of $184.48. The stock has a market cap 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. The company has a current ratio of 4.21, a quick ratio of 3.60 and a debt-to-equity ratio of 0.08.

NVIDIA (NASDAQ:NVDA) last announced its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.01 by $0.04. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The business had revenue of $46.74 billion during the quarter, compared to the consensus estimate of $45.65 billion. During the same quarter last year, the firm posted $0.68 EPS. The company’s quarterly revenue was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. As a group, research analysts expect that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Dividend Announcement

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

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. Daiwa Capital Markets raised their price objective on shares of NVIDIA from $165.00 to $205.00 and gave the stock an “outperform” rating in a research note on Wednesday. Wall Street Zen upgraded shares of NVIDIA from a “hold” rating to a “buy” rating in a research note on Friday, September 5th. Wolfe Research lifted their price target on shares of NVIDIA from $220.00 to $230.00 and gave the stock an “outperform” rating in a research note on Thursday, August 28th. Wedbush reiterated an “outperform” rating and set a $210.00 price target on shares of NVIDIA in a research note on Thursday, August 28th. Finally, Cantor Fitzgerald reiterated an “overweight” rating and set a $240.00 price target on shares of NVIDIA in a research note on Thursday, August 28th. Four research analysts have rated the stock with a Strong Buy rating, thirty-six have issued a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $208.47.

Insiders Place Their Bets

In related news, EVP Ajay K. Puri sold 168,195 shares of the firm’s stock in a transaction on Wednesday, June 25th. The stock was sold at an average price of $152.64, for a total value of $25,673,284.80. Following the transaction, the executive vice president owned 4,018,547 shares in the company, valued at approximately $613,391,014.08. This trade represents a 4.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Jen Hsun Huang sold 75,000 shares of the firm’s stock in a transaction on 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 in the company, valued at $11,524,126,241.50. The trade was a 0.10% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 3,975,304 shares of company stock worth $665,001,763 in the last 90 days. Company insiders own 4.17% of the company’s stock.

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.