Dover Advisors LLC Buys 623 Shares of NVIDIA Corporation $NVDA

Dover Advisors LLC raised its stake in NVIDIA Corporation (NASDAQ:NVDA) by 11.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,975 shares of the computer hardware maker’s stock after acquiring an additional 623 shares during the quarter. Dover Advisors LLC’s holdings in NVIDIA were worth $944,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of the stock. Kathleen S. Wright Associates Inc. grew its stake in NVIDIA by 169.3% in the 1st quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker’s stock valued at $44,000 after buying an additional 254 shares in the last quarter. Copia Wealth Management bought a new position in NVIDIA in the 4th quarter worth about $50,000. Barnes Dennig Private Wealth Management LLC purchased a new position in NVIDIA during the 1st quarter valued at about $51,000. Bruce G. Allen Investments LLC increased its position in shares of NVIDIA by 198.2% during the first quarter. Bruce G. Allen Investments LLC now owns 492 shares of the computer hardware maker’s stock valued at $53,000 after buying an additional 327 shares during the period. Finally, Campbell Capital Management Inc. lifted its holdings 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 buying an additional 590 shares in the last quarter. Hedge funds and other institutional investors own 65.27% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently commented on NVDA. Wolfe Research boosted their price target on shares of NVIDIA from $220.00 to $230.00 and gave the company an “outperform” rating in a research report on Thursday, August 28th. Oppenheimer restated an “outperform” rating and set a $225.00 target price (up from $200.00) on shares of NVIDIA in a research report on Thursday, August 28th. Bank of America upped their target price on NVIDIA from $220.00 to $235.00 and gave the stock a “buy” rating in a research note on Thursday, August 28th. Morgan Stanley lifted their price target on NVIDIA from $206.00 to $210.00 and gave the company an “overweight” rating in a research report on Thursday, August 28th. Finally, Mizuho upped their price objective on shares of NVIDIA from $192.00 to $205.00 and gave the stock an “outperform” rating in a research report on Thursday, August 14th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-six have given a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $208.47.

Insider Transactions at NVIDIA

In other NVIDIA news, CEO Jen Hsun Huang sold 75,000 shares of the company’s stock in a transaction dated 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 transaction, the chief executive officer owned 75,398,225 shares in the company, valued at approximately $11,839,029,289.50. This represents a 0.10% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Mark A. Stevens sold 297,797 shares of the firm’s stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $178.19, for a total transaction of $53,064,447.43. Following the sale, the director directly owned 7,749,803 shares in the company, 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 4,020,022 shares of company stock worth $677,418,500 over the last quarter. 4.17% of the stock is currently owned by insiders.

NVIDIA Stock Up 0.2%

NVDA stock opened at $176.67 on Friday. The business’s 50 day moving average price is $175.73 and its two-hundred day moving average price is $143.62. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.60 and a current ratio of 4.21. The company has a market capitalization of $4.29 trillion, a price-to-earnings ratio of 50.33, a price-to-earnings-growth ratio of 1.28 and a beta of 2.10. NVIDIA Corporation has a fifty-two week low of $86.62 and a fifty-two week high of $184.48.

NVIDIA (NASDAQ:NVDA) last announced 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 business had revenue of $46.74 billion during the quarter, compared to the consensus estimate of $45.65 billion. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The business’s revenue for the quarter was up 55.6% on a year-over-year basis. During the same quarter last year, the firm earned $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. As a group, analysts forecast that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

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

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.