Baugh & Associates LLC Makes New $704,000 Investment in NVIDIA Corporation $NVDA

Baugh & Associates LLC acquired a new position in shares of NVIDIA Corporation (NASDAQ:NVDA) in the 2nd quarter, according to its most recent filing with the SEC. The fund acquired 4,457 shares of the computer hardware maker’s stock, valued at approximately $704,000.

Other large investors also recently bought and sold shares of the company. Pachira Investments Inc. boosted its holdings in shares of NVIDIA by 1.0% during the 2nd quarter. Pachira Investments Inc. now owns 6,450 shares of the computer hardware maker’s stock worth $1,019,000 after purchasing an additional 63 shares during the last quarter. HFG Wealth Management LLC boosted its holdings in shares of NVIDIA by 3.4% during the 2nd quarter. HFG Wealth Management LLC now owns 2,075 shares of the computer hardware maker’s stock worth $328,000 after purchasing an additional 68 shares during the last quarter. Burkett Financial Services LLC boosted its holdings in shares of NVIDIA by 1.3% during the 2nd quarter. Burkett Financial Services LLC now owns 5,450 shares of the computer hardware maker’s stock worth $861,000 after purchasing an additional 70 shares during the last quarter. Guided Capital Wealth Management LLC boosted its holdings in shares of NVIDIA by 0.3% during the 2nd quarter. Guided Capital Wealth Management LLC now owns 27,858 shares of the computer hardware maker’s stock worth $4,401,000 after purchasing an additional 70 shares during the last quarter. Finally, Luts & Greenleigh Group Inc. boosted its holdings in shares of NVIDIA by 0.4% during the 2nd quarter. Luts & Greenleigh Group Inc. now owns 19,894 shares of the computer hardware maker’s stock worth $3,143,000 after purchasing an additional 76 shares during 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, Director Harvey C. Jones sold 250,000 shares of the company’s stock in a transaction on Thursday, September 18th. The stock was sold at an average price of $176.21, for a total transaction of $44,052,500.00. Following 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Jen Hsun Huang sold 75,000 shares of the company’s stock in a transaction on Wednesday, July 9th. The stock was sold at an average price of $163.11, for a total value of $12,233,250.00. Following the transaction, the chief executive officer owned 74,873,225 shares in the company, valued at $12,212,571,729.75. This trade represents a 0.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 4,050,558 shares of company stock worth $701,164,609 over the last ninety days. Corporate insiders own 4.17% of the company’s stock.

NVIDIA Trading Up 0.3%

NVDA opened at $178.19 on Monday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.60 and a current ratio of 4.21. The business’s 50 day moving average price is $176.60 and its 200 day moving average price is $146.20. NVIDIA Corporation has a one year low of $86.62 and a one year high of $184.55. The stock has a market capitalization of $4.33 trillion, a PE ratio of 50.77, a P/E/G ratio of 1.29 and a beta of 2.10.

NVIDIA (NASDAQ:NVDA) last released 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 for the quarter, compared to analysts’ expectations of $45.65 billion. During the same period in the prior year, the firm earned $0.68 earnings per share. The firm’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, equities research analysts expect that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Dividend Announcement

The company also recently declared 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 dividend on an annualized basis and a yield of 0.0%. The ex-dividend date is Thursday, September 11th. NVIDIA’s dividend payout ratio is 1.14%.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the company. Citigroup lowered their target price on NVIDIA from $210.00 to $200.00 and set a “buy” rating on the stock in a report on Monday, September 8th. Rosenblatt Securities restated a “buy” rating and set a $215.00 target price on shares of NVIDIA in a report on Tuesday, September 23rd. New Street Research boosted their target price on NVIDIA from $200.00 to $235.00 and gave the stock a “buy” rating in a report on Friday, September 12th. DA Davidson upgraded NVIDIA from a “neutral” rating to a “buy” rating and upped their price objective for the company from $195.00 to $210.00 in a report on Thursday, September 11th. Finally, JPMorgan Chase & Co. reiterated a “buy” rating and issued a $215.00 price objective on shares of NVIDIA in a report on Friday, September 19th. 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 issued a Sell rating to the stock. Based on data from MarketBeat, NVIDIA presently has a consensus rating of “Moderate Buy” and a consensus price target of $209.82.

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.