Fiduciary Alliance LLC Boosts Position in NVIDIA Corporation $NVDA

Fiduciary Alliance LLC increased its holdings in NVIDIA Corporation (NASDAQ:NVDA) by 14.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 207,782 shares of the computer hardware maker’s stock after purchasing an additional 26,463 shares during the quarter. NVIDIA makes up approximately 2.5% of Fiduciary Alliance LLC’s holdings, making the stock its 5th largest holding. Fiduciary Alliance LLC’s holdings in NVIDIA were worth $32,827,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Copia Wealth Management purchased a new stake in shares of NVIDIA in the 4th quarter worth approximately $50,000. Kathleen S. Wright Associates Inc. raised its stake in shares of NVIDIA by 169.3% in the first quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker’s stock worth $44,000 after purchasing an additional 254 shares during the last quarter. Barnes Dennig Private Wealth Management LLC bought a new stake in NVIDIA in the 1st quarter worth about $51,000. Bruce G. Allen Investments LLC lifted its holdings in shares of NVIDIA by 198.2% during the 1st 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. boosted its position in 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 purchasing an additional 590 shares during the last quarter. Institutional investors own 65.27% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on NVDA shares. Morgan Stanley lifted their target price on NVIDIA from $206.00 to $210.00 and gave the company an “overweight” rating in a research report on Thursday, August 28th. Wells Fargo & Company raised their price objective on NVIDIA from $185.00 to $220.00 and gave the company an “overweight” rating in a research report on Monday, August 11th. The Goldman Sachs Group reissued a “buy” rating and set a $200.00 price target on shares of NVIDIA in a research note on Wednesday, August 27th. Loop Capital upped their price objective on NVIDIA from $175.00 to $250.00 and gave the stock a “buy” rating in a report on Wednesday, June 25th. Finally, Wedbush reaffirmed an “outperform” rating and issued a $210.00 price target on shares of NVIDIA in a report on Thursday, August 28th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-six have assigned a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, NVIDIA currently has a consensus rating of “Moderate Buy” and an average target price of $208.47.

Insider Buying and Selling at NVIDIA

In other news, Director Mark A. Stevens sold 297,797 shares of the company’s stock in a transaction that occurred 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 directly owned 7,749,803 shares in the company, valued at $1,380,937,396.57. This represents a 3.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Colette Kress sold 20,000 shares of the firm’s stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $176.40, for a total transaction of $3,528,000.00. Following the sale, the chief financial officer owned 143,060 shares of the company’s stock, valued at approximately $25,235,784. The trade was a 12.27% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 3,914,341 shares of company stock worth $662,228,310 in the last quarter. Insiders own 4.17% of the company’s stock.

NVIDIA Trading Up 0.2%

Shares of NASDAQ:NVDA opened at $176.67 on Monday. NVIDIA Corporation has a 52-week low of $86.62 and a 52-week high of $184.48. The business has a 50-day moving average price of $175.73 and a 200-day moving average price of $143.85. 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 stock has a market cap of $4.29 trillion, a price-to-earnings ratio of 50.33, a PEG ratio of 1.28 and a beta of 2.10.

NVIDIA (NASDAQ:NVDA) last released its quarterly earnings data 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 return on equity of 101.74% and a net margin of 52.41%.The business had revenue of $46.74 billion for the quarter, compared to analyst estimates of $45.65 billion. During the same quarter in the prior year, the firm posted $0.68 EPS. The business’s quarterly revenue was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. Equities analysts predict that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Announces Dividend

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