Elevation Wealth Partners LLC Boosts Stock Position in NVIDIA Corporation $NVDA

Elevation Wealth Partners LLC boosted its stake in NVIDIA Corporation (NASDAQ:NVDA) by 1.0% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 14,191 shares of the computer hardware maker’s stock after acquiring an additional 138 shares during the quarter. Elevation Wealth Partners LLC’s holdings in NVIDIA were worth $2,242,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in the stock. Brighton Jones LLC boosted its holdings in NVIDIA by 12.4% in the 4th quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker’s stock worth $43,631,000 after buying an additional 35,815 shares during the last quarter. Bank Pictet & Cie Europe AG boosted its stake in shares of NVIDIA by 1.0% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 2,346,417 shares of the computer hardware maker’s stock worth $315,100,000 after acquiring an additional 22,929 shares during the last quarter. Highview Capital Management LLC DE increased its position in shares of NVIDIA by 6.7% during the fourth quarter. Highview Capital Management LLC DE now owns 58,396 shares of the computer hardware maker’s stock worth $7,842,000 after purchasing an additional 3,653 shares in the last quarter. Hudson Value Partners LLC raised its stake in NVIDIA by 30.7% in the 4th quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker’s stock valued at $6,805,000 after purchasing an additional 11,900 shares during the last quarter. Finally, Summit Investment Advisors Inc. lifted its holdings in NVIDIA by 1.9% in the 4th quarter. Summit Investment Advisors Inc. now owns 737,749 shares of the computer hardware maker’s stock valued at $99,072,000 after purchasing an additional 13,700 shares in the last quarter. 65.27% of the stock is currently owned by institutional investors and hedge funds.

NVIDIA Stock Performance

Shares of NVDA opened at $176.67 on Friday. The stock has a market capitalization of $4.29 trillion, a P/E ratio of 50.33, a P/E/G ratio of 1.28 and a beta of 2.10. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.60 and a current ratio of 4.21. NVIDIA Corporation has a 1 year low of $86.62 and a 1 year high of $184.48. The company’s fifty day moving average is $175.73 and its two-hundred day moving average is $143.62.

NVIDIA (NASDAQ:NVDA) last released its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 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 company had revenue of $46.74 billion during the quarter, compared to analysts’ expectations of $45.65 billion. During the same quarter last year, the business earned $0.68 EPS. The business’s revenue was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. On average, sell-side analysts predict that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Dividend Announcement

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

Insider Transactions at NVIDIA

In other NVIDIA news, Director Mark A. Stevens sold 297,797 shares of the firm’s stock in a transaction on 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. This trade represents a 3.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Jen Hsun Huang sold 75,000 shares of the business’s stock in a transaction on Friday, June 27th. The stock was sold at an average price of $157.02, for a total transaction of $11,776,500.00. Following the sale, the chief executive officer owned 75,398,225 shares in the company, valued at $11,839,029,289.50. The trade was a 0.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 4,020,022 shares of company stock valued at $677,418,500. Corporate insiders own 4.17% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently commented on NVDA. Wells Fargo & Company increased their target price on shares of NVIDIA from $185.00 to $220.00 and gave the company an “overweight” rating in a research report on Monday, August 11th. Rosenblatt Securities increased their price objective on shares of NVIDIA from $200.00 to $215.00 and gave the company a “buy” rating in a 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 report on Thursday, August 28th. Raymond James Financial increased their price target on NVIDIA from $150.00 to $165.00 and gave the company a “strong-buy” rating in a report on Thursday, May 29th. Finally, Piper Sandler set a $225.00 price objective on NVIDIA and gave the stock an “overweight” rating in a research note on Wednesday, August 13th. 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 assigned a Sell rating to the company. According to MarketBeat, NVIDIA has a consensus rating of “Moderate Buy” and an average price target 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.