Divergent Planning LLC Acquires Shares of 21,776 NVIDIA Corporation $NVDA

Divergent Planning LLC acquired a new stake in NVIDIA Corporation (NASDAQ:NVDA) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 21,776 shares of the computer hardware maker’s stock, valued at approximately $3,440,000. NVIDIA comprises approximately 1.3% of Divergent Planning LLC’s portfolio, making the stock its 27th biggest position.

Several other hedge funds also recently bought and sold shares of the business. Brighton Jones LLC grew its stake 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 acquiring an additional 35,815 shares in the last quarter. Bank Pictet & Cie Europe AG grew its stake in NVIDIA by 1.0% in the 4th 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 in the last quarter. Highview Capital Management LLC DE grew its stake in NVIDIA by 6.7% in 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 grew its stake in NVIDIA by 30.7% in the fourth quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker’s stock worth $6,805,000 after purchasing an additional 11,900 shares in the last quarter. Finally, Summit Investment Advisors Inc. grew its stake in NVIDIA by 1.9% in the fourth quarter. Summit Investment Advisors Inc. now owns 737,749 shares of the computer hardware maker’s stock worth $99,072,000 after purchasing an additional 13,700 shares in the last quarter. Institutional investors own 65.27% of the company’s stock.

Insider Buying and Selling at NVIDIA

In other news, EVP Ajay K. Puri sold 168,195 shares of the business’s stock in a transaction dated Wednesday, June 25th. The stock was 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 of the company’s stock, valued at $613,391,014.08. The trade was a 4.02% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Jen Hsun Huang sold 75,000 shares of the business’s stock in a transaction dated Monday, July 7th. The shares were sold at an average price of $158.35, for a total value of $11,876,250.00. Following the completion of the transaction, the chief executive officer directly owned 75,023,225 shares of the company’s stock, valued at approximately $11,879,927,678.75. This trade represents a 0.10% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 4,109,874 shares of company stock valued at $698,280,697. Company insiders own 4.17% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently issued reports on the company. Robert W. Baird increased their price objective on NVIDIA from $195.00 to $225.00 and gave the stock an “outperform” rating in a research note on Monday, August 25th. Wall Street Zen raised NVIDIA from a “hold” rating to a “buy” rating in a research report on Friday, September 5th. Craig Hallum increased their price target on NVIDIA from $195.00 to $245.00 and gave the stock a “buy” rating in a research report on Thursday, August 28th. Jefferies Financial Group reiterated a “buy” rating on shares of NVIDIA in a report on Friday, September 12th. Finally, UBS Group increased their target price on shares of NVIDIA from $175.00 to $205.00 and gave the stock a “buy” rating in a report on Thursday, August 21st. Four research analysts have rated the stock with a Strong Buy rating, thirty-six have given a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $208.47.

NVIDIA Stock Performance

Shares of NVDA opened at $183.61 on Tuesday. 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 one year low of $86.62 and a one year high of $184.55. The stock has a market cap of $4.46 trillion, a P/E ratio of 52.31, a P/E/G ratio of 1.28 and a beta of 2.10. The stock has a 50-day moving average of $176.12 and a two-hundred day moving average of $144.35.

NVIDIA (NASDAQ:NVDA) last released its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, topping analysts’ consensus estimates of $1.01 by $0.04. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The firm had revenue of $46.74 billion during the quarter, compared to the consensus estimate of $45.65 billion. During the same quarter in the previous year, the company posted $0.68 earnings per share. The company’s revenue was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. As a group, research analysts predict that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Announces Dividend

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