St. Louis Financial Planners Asset Management LLC Buys New Shares in NVIDIA Corporation $NVDA

St. Louis Financial Planners Asset Management LLC bought a new stake in shares of NVIDIA Corporation (NASDAQ:NVDA) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 24,776 shares of the computer hardware maker’s stock, valued at approximately $3,914,000. NVIDIA makes up 3.0% of St. Louis Financial Planners Asset Management LLC’s investment portfolio, making the stock its 6th largest holding.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Astoria Portfolio Advisors LLC. boosted its holdings in NVIDIA by 0.9% in the 1st quarter. Astoria Portfolio Advisors LLC. now owns 93,568 shares of the computer hardware maker’s stock worth $9,610,000 after buying an additional 864 shares during the period. Centerpoint Advisory Group lifted its position in shares of NVIDIA by 2.5% in the first quarter. Centerpoint Advisory Group now owns 39,398 shares of the computer hardware maker’s stock valued at $4,270,000 after acquiring an additional 943 shares in the last quarter. GSB Wealth Management LLC lifted its position in shares of NVIDIA by 3.3% in the first quarter. GSB Wealth Management LLC now owns 32,611 shares of the computer hardware maker’s stock valued at $3,534,000 after acquiring an additional 1,043 shares in the last quarter. Variant Private Wealth LLC lifted its position in shares of NVIDIA by 20.6% in the first quarter. Variant Private Wealth LLC now owns 18,800 shares of the computer hardware maker’s stock valued at $2,038,000 after acquiring an additional 3,206 shares in the last quarter. Finally, Financial Perspectives Inc lifted its position in shares of NVIDIA by 2.8% in the first quarter. Financial Perspectives Inc now owns 45,958 shares of the computer hardware maker’s stock valued at $4,981,000 after acquiring an additional 1,265 shares in the last quarter. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other NVIDIA news, EVP Ajay K. Puri sold 168,195 shares of the business’s stock in a transaction dated 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 completion of the transaction, the executive vice president directly owned 4,018,547 shares in the company, valued at approximately $613,391,014.08. The trade was a 4.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, 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 dated Wednesday, July 2nd. The stock was sold at an average price of $156.39, for a total transaction of $11,729,250.00. Following the completion of the transaction, the chief executive officer owned 75,173,225 shares of the company’s stock, valued at $11,756,340,657.75. This represents a 0.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 3,914,341 shares of company stock worth $662,228,310. 4.17% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on NVDA. Wolfe Research boosted their price objective on NVIDIA from $220.00 to $230.00 and gave the company an “outperform” rating in a research report on Thursday, August 28th. Wedbush restated an “outperform” rating and issued a $210.00 price objective on shares of NVIDIA in a research report on Thursday, August 28th. UBS Group boosted their price objective on NVIDIA from $175.00 to $205.00 and gave the company a “buy” rating in a research report on Thursday, August 21st. Rosenblatt Securities boosted their price objective on NVIDIA from $200.00 to $215.00 and gave the company a “buy” rating in a research report on Thursday, August 28th. Finally, The Goldman Sachs Group restated a “buy” rating and issued a $200.00 price objective on shares of NVIDIA in a research report on Wednesday, August 27th. Four research analysts have rated the stock with a Strong Buy rating, thirty-six have assigned a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $208.47.

NVIDIA Trading Up 0.2%

Shares of NVDA opened at $176.67 on Monday. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.21 and a quick ratio of 3.60. NVIDIA Corporation has a 1-year low of $86.62 and a 1-year high of $184.48. The company has a 50-day moving average of $175.73 and a 200 day moving average of $143.85. The firm has a market capitalization 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 issued its 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 net margin of 52.41% and a return on equity of 101.74%. The company had revenue of $46.74 billion for the quarter, compared to analysts’ expectations of $45.65 billion. During the same period in the prior year, the business earned $0.68 EPS. The firm’s quarterly revenue was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. On average, research analysts expect that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Dividend Announcement

The company 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 is Thursday, September 11th. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. NVIDIA’s payout ratio is currently 1.14%.

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.