Partnership Wealth Management LLC Acquires 345 Shares of NVIDIA Corporation $NVDA

Partnership Wealth Management LLC lifted its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA) by 3.6% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,899 shares of the computer hardware maker’s stock after purchasing an additional 345 shares during the period. NVIDIA accounts for about 1.3% of Partnership Wealth Management LLC’s portfolio, making the stock its 16th biggest position. Partnership Wealth Management LLC’s holdings in NVIDIA were worth $1,564,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in NVDA. Nuveen LLC bought a new position in NVIDIA in the first quarter worth approximately $15,089,414,000. Goldman Sachs Group Inc. boosted its holdings in NVIDIA by 123.5% in the first quarter. Goldman Sachs Group Inc. now owns 187,995,213 shares of the computer hardware maker’s stock worth $20,374,921,000 after acquiring an additional 103,889,872 shares in the last quarter. GAMMA Investing LLC boosted its holdings in NVIDIA by 12,173.2% in the first quarter. GAMMA Investing LLC now owns 48,837,781 shares of the computer hardware maker’s stock worth $5,293,039,000 after acquiring an additional 48,439,859 shares in the last quarter. Assenagon Asset Management S.A. boosted its holdings in NVIDIA by 204.6% in the first quarter. Assenagon Asset Management S.A. now owns 35,652,571 shares of the computer hardware maker’s stock worth $3,864,026,000 after acquiring an additional 23,948,733 shares in the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH bought a new position in NVIDIA in the fourth quarter worth approximately $2,987,733,000. Institutional investors own 65.27% of the company’s stock.

Insider Transactions at NVIDIA

In other news, Director Mark A. Stevens sold 297,797 shares of the business’s stock in a transaction dated Friday, September 12th. The stock was 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 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 transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Jen Hsun Huang sold 75,000 shares of the business’s stock in a transaction dated Friday, September 19th. The shares were sold at an average price of $176.42, for a total value of $13,231,500.00. Following the completion of the sale, the chief executive officer directly owned 71,683,203 shares of the company’s stock, valued at approximately $12,646,350,673.26. This trade represents a 0.10% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 4,020,022 shares of company stock worth $677,418,500. 4.17% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

NVDA has been the topic of a number of recent research reports. Raymond James Financial raised their target price on NVIDIA from $150.00 to $165.00 and gave the company a “strong-buy” rating in a report on Thursday, May 29th. Robert W. Baird raised their target price on NVIDIA from $195.00 to $225.00 and gave the company an “outperform” rating in a report on Monday, August 25th. Morgan Stanley raised their target price on NVIDIA from $206.00 to $210.00 and gave the company an “overweight” rating in a report on Thursday, August 28th. Needham & Company LLC reiterated a “buy” rating and set a $200.00 price target on shares of NVIDIA in a report on Thursday, August 28th. Finally, Stifel Nicolaus lifted their price target on NVIDIA from $202.00 to $212.00 and gave the stock a “buy” rating in a report on Monday, August 25th. Four research analysts have rated the stock with a Strong Buy rating, thirty-six have assigned a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $208.47.

NVIDIA Price Performance

NVIDIA stock opened at $176.67 on Friday. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08. The business has a 50-day simple moving average of $175.73 and a 200 day simple moving average of $143.44. NVIDIA Corporation has a 52 week low of $86.62 and a 52 week high of $184.48. The stock has a market cap of $4.29 trillion, a price-to-earnings ratio of 50.33, a PEG ratio of 1.27 and a beta of 2.10.

NVIDIA (NASDAQ:NVDA) last issued its quarterly earnings results 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 return on equity of 101.74% and a net margin of 52.41%.The firm had revenue of $46.74 billion during the quarter, compared to analyst estimates of $45.65 billion. During the same quarter in the previous year, the company posted $0.68 earnings per share. The company’s revenue was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. On average, research analysts forecast that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement

The company also recently declared 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. The ex-dividend date of this dividend is Thursday, September 11th. This represents a $0.04 annualized dividend and a yield of 0.0%. NVIDIA’s payout ratio is 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.