WestHill Financial Advisors Inc. Boosts Holdings in NVIDIA Corporation $NVDA

WestHill Financial Advisors Inc. boosted its position in shares of NVIDIA Corporation (NASDAQ:NVDAFree Report) by 4.5% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,951 shares of the computer hardware maker’s stock after acquiring an additional 428 shares during the period. NVIDIA accounts for 0.3% of WestHill Financial Advisors Inc.’s holdings, making the stock its 22nd biggest position. WestHill Financial Advisors Inc.’s holdings in NVIDIA were worth $1,572,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Beacon Financial Group lifted its position in NVIDIA by 5.0% during the second quarter. Beacon Financial Group now owns 91,106 shares of the computer hardware maker’s stock valued at $14,394,000 after acquiring an additional 4,376 shares during the last quarter. Reyes Financial Architecture Inc. lifted its position in NVIDIA by 32.9% during the second quarter. Reyes Financial Architecture Inc. now owns 4,630 shares of the computer hardware maker’s stock valued at $732,000 after acquiring an additional 1,145 shares during the last quarter. Czech National Bank raised its holdings in shares of NVIDIA by 6.0% in the second quarter. Czech National Bank now owns 5,961,185 shares of the computer hardware maker’s stock worth $941,808,000 after buying an additional 335,692 shares during the last quarter. Sandy Cove Advisors LLC raised its holdings in shares of NVIDIA by 3.4% in the second quarter. Sandy Cove Advisors LLC now owns 21,758 shares of the computer hardware maker’s stock worth $3,437,000 after buying an additional 713 shares during the last quarter. Finally, Sard Wealth Management Group LLC raised its holdings in shares of NVIDIA by 6.0% in the second quarter. Sard Wealth Management Group LLC now owns 6,195 shares of the computer hardware maker’s stock worth $979,000 after buying an additional 353 shares during the last quarter. Hedge funds and other institutional investors own 65.27% of the company’s stock.

Insider Activity at NVIDIA

In related news, EVP Ajay K. Puri sold 168,195 shares of NVIDIA stock in a transaction that occurred on 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 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 is accessible through this hyperlink. Also, CEO Jen Hsun Huang sold 75,000 shares of the business’s stock in a transaction that occurred on 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 transaction, the chief executive officer owned 75,173,225 shares of the company’s stock, valued at $11,756,340,657.75. This trade represents a 0.10% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 3,914,341 shares of company stock worth $662,228,310. Corporate insiders own 4.17% of the company’s stock.

NVIDIA Stock Performance

NASDAQ:NVDA opened at $176.67 on Monday. The company’s 50-day moving average price is $175.73 and its 200-day moving average price is $143.85. The company has a market cap 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. NVIDIA Corporation has a twelve month low of $86.62 and a twelve month high of $184.48. The company has a current ratio of 4.21, a quick ratio of 3.60 and a debt-to-equity ratio of 0.08.

NVIDIA (NASDAQ:NVDAGet Free Report) last released its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.01 by $0.04. The business had revenue of $46.74 billion for 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 was up 55.6% on a year-over-year basis. During the same period in the previous year, the firm earned $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. On average, sell-side analysts forecast that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 2nd. Investors 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 dividend yield of 0.0%. NVIDIA’s payout ratio is 1.14%.

Analyst Ratings Changes

A number of research firms have issued reports on NVDA. Jefferies Financial Group reaffirmed a “buy” rating on shares of NVIDIA in a report on Friday, September 12th. Rosenblatt Securities raised their price target on shares of NVIDIA from $200.00 to $215.00 and gave the stock a “buy” rating in a report on Thursday, August 28th. Wall Street Zen raised shares of NVIDIA from a “hold” rating to a “buy” rating in a report on Friday, September 5th. BNP Paribas raised shares of NVIDIA to a “hold” rating in a report on Friday, August 1st. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $240.00 price target on shares of NVIDIA in a report on Thursday, August 28th. Four analysts have rated the stock with a Strong Buy rating, thirty-six have issued a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $208.47.

Check Out Our Latest Research Report on NVDA

About NVIDIA

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for NVIDIA (NASDAQ:NVDA)

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