Inspirion Wealth Advisors LLC Has $1.66 Million Stock Holdings in NVIDIA Corporation $NVDA

Inspirion Wealth Advisors LLC trimmed its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA) by 3.4% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 10,495 shares of the computer hardware maker’s stock after selling 373 shares during the period. Inspirion Wealth Advisors LLC’s holdings in NVIDIA were worth $1,658,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Kathleen S. Wright Associates Inc. lifted its stake in NVIDIA by 169.3% in the first quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker’s stock valued at $44,000 after acquiring an additional 254 shares during the last quarter. Copia Wealth Management acquired a new stake in NVIDIA in the fourth quarter valued at $50,000. Barnes Dennig Private Wealth Management LLC acquired a new stake in NVIDIA in the first quarter valued at $51,000. Bruce G. Allen Investments LLC lifted its stake in NVIDIA by 198.2% in the 1st quarter. Bruce G. Allen Investments LLC now owns 492 shares of the computer hardware maker’s stock valued at $53,000 after purchasing an additional 327 shares during the last quarter. Finally, Campbell Capital Management Inc. lifted its stake in NVIDIA by 5,900.0% in the 1st quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker’s stock valued at $65,000 after purchasing an additional 590 shares during the last quarter. 65.27% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

NVDA has been the subject of several recent analyst reports. UBS Group raised their target price on shares of NVIDIA from $175.00 to $205.00 and gave the company a “buy” rating in a research note on Thursday, August 21st. Wolfe Research raised 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. Daiwa Capital Markets raised their price objective on NVIDIA from $165.00 to $205.00 and gave the company an “outperform” rating in a research report on Wednesday, September 17th. Citigroup cut their price target on NVIDIA from $210.00 to $200.00 and set a “buy” rating for the company in a report on Monday, September 8th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and set a $200.00 price target on shares of NVIDIA in a report on Wednesday, August 27th. Four 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.com, NVIDIA presently has a consensus rating of “Moderate Buy” and an average price target of $208.47.

NVIDIA Stock Up 3.9%

Shares of NVDA opened at $183.61 on Tuesday. NVIDIA Corporation has a one year low of $86.62 and a one year high of $184.55. The company 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 company has a debt-to-equity ratio of 0.08, a current ratio of 4.21 and a quick ratio of 3.60. The firm has a 50 day simple moving average of $176.12 and a two-hundred day simple moving average of $144.35.

NVIDIA (NASDAQ:NVDA) last posted its quarterly 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 company had revenue of $46.74 billion during the quarter, compared to analysts’ expectations of $45.65 billion. During the same quarter in the previous year, the firm earned $0.68 EPS. NVIDIA’s revenue was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. Research analysts forecast that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Announces Dividend

The firm also recently announced 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. The ex-dividend date of this dividend is Thursday, September 11th. This represents a $0.04 annualized dividend and a yield of 0.0%. NVIDIA’s payout ratio is presently 1.14%.

Insiders Place Their Bets

In related news, Director Harvey C. Jones sold 250,000 shares of the company’s stock in a transaction that occurred on Thursday, September 18th. The shares were sold at an average price of $176.21, for a total transaction of $44,052,500.00. Following the completion of the transaction, the director directly owned 7,183,280 shares in the company, valued at $1,265,765,768.80. This represents a 3.36% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, 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 transaction of $53,064,447.43. Following the transaction, the director owned 7,749,803 shares of the company’s stock, valued at approximately $1,380,937,396.57. This represents a 3.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 4,109,874 shares of company stock worth $698,280,697 in the last ninety days. Insiders own 4.17% of the company’s stock.

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.