CX Institutional Increases Stake in NVIDIA Corporation $NVDA

CX Institutional boosted its position in shares of NVIDIA Corporation (NASDAQ:NVDA) by 12.0% during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 275,137 shares of the computer hardware maker’s stock after purchasing an additional 29,421 shares during the quarter. NVIDIA comprises about 1.5% of CX Institutional’s holdings, making the stock its 17th biggest holding. CX Institutional’s holdings in NVIDIA were worth $43,469,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Harbour Capital Advisors LLC boosted its holdings in shares of NVIDIA by 0.5% during the 2nd quarter. Harbour Capital Advisors LLC now owns 44,233 shares of the computer hardware maker’s stock valued at $6,956,000 after acquiring an additional 205 shares during the last quarter. Windsor Capital Management LLC purchased a new stake in shares of NVIDIA during the 2nd quarter valued at about $247,000. Adirondack Trust Co. boosted its holdings in shares of NVIDIA by 1.0% during the 2nd quarter. Adirondack Trust Co. now owns 91,401 shares of the computer hardware maker’s stock valued at $14,440,000 after acquiring an additional 895 shares during the last quarter. WealthBridge Investment Counsel Inc. purchased a new stake in shares of NVIDIA during the 2nd quarter valued at about $1,367,000. Finally, Kaydan Wealth Management Inc. purchased a new stake in shares of NVIDIA during the 2nd quarter valued at about $267,000. 65.27% of the stock is owned by hedge funds and other institutional investors.

NVIDIA Price Performance

NVIDIA stock opened at $178.19 on Monday. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08. NVIDIA Corporation has a 52-week low of $86.62 and a 52-week high of $184.55. The company has a market cap of $4.33 trillion, a price-to-earnings ratio of 50.77, a PEG ratio of 1.29 and a beta of 2.10. The firm’s fifty day moving average is $176.60 and its 200 day moving average is $146.20.

NVIDIA (NASDAQ:NVDA) last posted its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share for the quarter, beating analysts’ consensus estimates of $1.01 by $0.04. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The business had revenue of $46.74 billion for the quarter, compared to analysts’ expectations of $45.65 billion. During the same quarter in the previous year, the business posted $0.68 earnings per share. The business’s revenue was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. Sell-side analysts forecast that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 2nd. Stockholders 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 dividend payout ratio is presently 1.14%.

Analyst Ratings Changes

Several brokerages have recently weighed in on NVDA. Wall Street Zen upgraded shares of NVIDIA from a “hold” rating to a “buy” rating in a research note on Friday, September 5th. Stifel Nicolaus increased their price objective on shares of NVIDIA from $202.00 to $212.00 and gave the stock a “buy” rating in a research note on Monday, August 25th. Wedbush restated an “outperform” rating and set a $210.00 target price on shares of NVIDIA in a research note on Thursday, August 28th. Loop Capital lifted their price target on shares of NVIDIA from $175.00 to $250.00 and gave the company a “buy” rating in a report on Wednesday, June 25th. 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 equities research analysts have rated the stock with a Strong Buy rating, thirty-six have assigned a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $209.82.

Insider Transactions at NVIDIA

In other news, CEO Jen Hsun Huang sold 75,000 shares of the company’s stock in a transaction dated Wednesday, July 9th. The shares were sold at an average price of $163.11, for a total value of $12,233,250.00. Following the transaction, the chief executive officer directly owned 74,873,225 shares in the company, valued at approximately $12,212,571,729.75. This represents a 0.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Harvey C. Jones sold 250,000 shares of the company’s stock in a transaction dated 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 completion of the transaction, the director owned 7,183,280 shares in the company, valued at approximately $1,265,765,768.80. The trade was a 3.36% 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. Insiders own 4.17% of the company’s stock.

NVIDIA Company 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.