NVIDIA Corporation $NVDA is Verde Capital Management’s 8th Largest Position

Verde Capital Management boosted its position in NVIDIA Corporation (NASDAQ:NVDA) by 4.1% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 58,234 shares of the computer hardware maker’s stock after buying an additional 2,276 shares during the quarter. NVIDIA makes up about 2.3% of Verde Capital Management’s holdings, making the stock its 8th largest position. Verde Capital Management’s holdings in NVIDIA were worth $9,200,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Copia Wealth Management purchased a new position in shares of NVIDIA during the 4th quarter valued at about $50,000. Kathleen S. Wright Associates Inc. grew its holdings in shares of NVIDIA by 169.3% during the 1st quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker’s stock worth $44,000 after acquiring an additional 254 shares during the period. Barnes Dennig Private Wealth Management LLC purchased a new stake in shares of NVIDIA in the 1st quarter worth approximately $51,000. Bruce G. Allen Investments LLC grew its stake in shares of NVIDIA by 198.2% in the 1st quarter. Bruce G. Allen Investments LLC now owns 492 shares of the computer hardware maker’s stock worth $53,000 after buying an additional 327 shares during the last quarter. Finally, Campbell Capital Management Inc. lifted its position in NVIDIA by 5,900.0% in the 1st quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker’s stock valued at $65,000 after acquiring an additional 590 shares in the last quarter. 65.27% of the stock is owned by institutional investors.

NVIDIA Stock Up 3.5%

NASDAQ NVDA opened at $176.24 on Friday. NVIDIA Corporation has a 52 week low of $86.62 and a 52 week high of $184.48. The firm has a market cap of $4.28 trillion, a PE ratio of 50.21, a P/E/G ratio of 1.23 and a beta of 2.10. The business’s fifty day simple moving average is $175.50 and its 200-day simple moving average is $143.02. 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 released its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (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 firm had revenue of $46.74 billion during the quarter, compared to analysts’ expectations of $45.65 billion. During the same period last year, the business earned $0.68 earnings per share. NVIDIA’s 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 anticipate that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Announces Dividend

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

Insider Activity

In related news, EVP Ajay K. Puri sold 168,195 shares of the firm’s stock in a transaction that occurred on Wednesday, June 25th. The shares were sold at an average price of $152.64, for a total value of $25,673,284.80. Following the sale, the executive vice president owned 4,018,547 shares of the company’s stock, valued at $613,391,014.08. This trade represents a 4.02% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Jen Hsun Huang sold 75,000 shares of the firm’s stock in a transaction that occurred on Friday, June 27th. The shares were sold at an average price of $157.02, for a total transaction of $11,776,500.00. Following the completion of the sale, the chief executive officer directly owned 75,398,225 shares in the company, valued at approximately $11,839,029,289.50. This trade represents a 0.10% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 3,819,522 shares of company stock valued at $642,506,300. 4.17% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several research firms have recently commented on NVDA. The Goldman Sachs Group restated a “buy” rating and issued a $200.00 price objective on shares of NVIDIA in a research note on Wednesday, August 27th. Morgan Stanley increased their price target on shares of NVIDIA from $206.00 to $210.00 and gave the company an “overweight” rating in a report on Thursday, August 28th. Rosenblatt Securities raised their price objective on shares of NVIDIA from $200.00 to $215.00 and gave the stock a “buy” rating in a research note on Thursday, August 28th. Oppenheimer reissued an “outperform” rating and set a $225.00 price objective (up from $200.00) on shares of NVIDIA in a report on Thursday, August 28th. Finally, Truist Financial lifted their price objective on shares of NVIDIA from $210.00 to $228.00 and gave the company a “buy” rating in a report on Thursday, August 28th. Four investment 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. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $208.47.

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.