Compass Ion Advisors LLC Has $14.96 Million Position in NVIDIA Corporation $NVDA

Compass Ion Advisors LLC reduced its holdings in NVIDIA Corporation (NASDAQ:NVDA) by 2.7% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 94,685 shares of the computer hardware maker’s stock after selling 2,604 shares during the period. NVIDIA makes up about 1.6% of Compass Ion Advisors LLC’s investment portfolio, making the stock its 12th biggest position. Compass Ion Advisors LLC’s holdings in NVIDIA were worth $14,959,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Pachira Investments Inc. raised its holdings in NVIDIA by 1.0% in the second 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 period. HFG Wealth Management LLC raised its holdings in NVIDIA by 3.4% in the second 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 period. Burkett Financial Services LLC raised its holdings in NVIDIA by 1.3% in the second 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 period. Guided Capital Wealth Management LLC raised its holdings in NVIDIA by 0.3% in the second 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 period. Finally, Luts & Greenleigh Group Inc. raised its holdings in NVIDIA by 0.4% in the second 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 period. 65.27% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on NVDA shares. Wall Street Zen raised shares of NVIDIA from a “hold” rating to a “buy” rating in a research report on Friday, September 5th. Barclays reissued an “overweight” rating and set a $240.00 price objective (up previously from $200.00) on shares of NVIDIA in a research report on Monday, September 22nd. Citigroup lowered their price objective on shares of NVIDIA from $210.00 to $200.00 and set a “buy” rating for the company in a research report on Monday, September 8th. DA Davidson raised shares of NVIDIA from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $195.00 to $210.00 in a research report on Thursday, September 11th. Finally, UBS Group reissued a “buy” rating on shares of NVIDIA in a research report on Tuesday, September 23rd. Four research analysts have rated the stock with a Strong Buy rating, thirty-six have assigned a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $209.82.

NVIDIA Stock Performance

Shares of NVDA stock opened at $178.19 on Monday. The stock has a market cap of $4.33 trillion, a P/E ratio of 50.77, a P/E/G ratio of 1.29 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 company has a fifty day moving average price of $176.60 and a two-hundred day moving average price of $146.20. NVIDIA Corporation has a one year low of $86.62 and a one year high of $184.55.

NVIDIA (NASDAQ:NVDA) last announced its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, topping the consensus estimate of $1.01 by $0.04. The business had revenue of $46.74 billion during 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%. NVIDIA’s revenue was up 55.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. As a group, equities 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 $0.01 dividend. The ex-dividend date is Thursday, September 11th. This represents a $0.04 annualized dividend and a yield of 0.0%. NVIDIA’s payout ratio is 1.14%.

Insiders Place Their Bets

In other news, CEO Jen Hsun Huang sold 75,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 24th. The shares were sold at an average price of $177.60, for a total value of $13,320,000.00. Following the completion of the transaction, the chief executive officer directly owned 71,458,203 shares in the company, valued at approximately $12,690,976,852.80. The trade was a 0.10% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Mark A. Stevens sold 350,000 shares of the business’s stock in a transaction that occurred on Friday, September 19th. The shares were sold at an average price of $176.39, for a total transaction of $61,736,500.00. Following the completion of the transaction, the director owned 7,399,803 shares of the company’s stock, valued at $1,305,251,251.17. The trade was a 4.52% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 4,050,558 shares of company stock worth $701,164,609. 4.17% of the stock is currently owned by insiders.

NVIDIA Profile

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.