Kaufman Rossin Wealth LLC Raises Stock Holdings in NVIDIA Corporation $NVDA

Kaufman Rossin Wealth LLC increased its position in NVIDIA Corporation (NASDAQ:NVDA) by 3.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,444 shares of the computer hardware maker’s stock after purchasing an additional 368 shares during the period. NVIDIA accounts for 1.1% of Kaufman Rossin Wealth LLC’s portfolio, making the stock its 15th biggest position. Kaufman Rossin Wealth LLC’s holdings in NVIDIA were worth $1,808,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC grew its stake in NVIDIA by 27.7% in the second quarter. Farther Finance Advisors LLC now owns 613,040 shares of the computer hardware maker’s stock worth $96,854,000 after purchasing an additional 133,150 shares during the period. Busey Bank grew its stake in shares of NVIDIA by 4.9% in the second quarter. Busey Bank now owns 930,151 shares of the computer hardware maker’s stock worth $146,955,000 after acquiring an additional 43,823 shares during the last quarter. CX Institutional grew its stake in shares of NVIDIA by 12.0% in the second quarter. CX Institutional now owns 275,137 shares of the computer hardware maker’s stock worth $43,469,000 after acquiring an additional 29,421 shares during the last quarter. Harbour Capital Advisors LLC grew its stake in shares of NVIDIA by 0.5% in the second quarter. Harbour Capital Advisors LLC now owns 44,233 shares of the computer hardware maker’s stock worth $6,956,000 after acquiring an additional 205 shares during the last quarter. Finally, Windsor Capital Management LLC purchased a new stake in shares of NVIDIA in the second quarter worth $247,000. 65.27% of the stock is owned by hedge funds and other institutional investors.

NVIDIA Stock Performance

NASDAQ:NVDA opened at $178.19 on Monday. The company has a current ratio of 4.21, a quick ratio of 3.60 and a debt-to-equity ratio of 0.08. NVIDIA Corporation has a 12-month low of $86.62 and a 12-month high of $184.55. The stock has a 50-day moving average price of $176.60 and a 200 day moving average price of $146.20. The stock has a market capitalization 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.

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

NVIDIA Dividend Announcement

The business also recently announced 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 payout ratio is 1.14%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the company. Evercore ISI increased their target price on NVIDIA from $214.00 to $225.00 and gave the stock an “outperform” rating in a research note on Tuesday, September 23rd. Needham & Company LLC reissued a “buy” rating and issued a $200.00 target price on shares of NVIDIA in a research note on Thursday, August 28th. Phillip Securities raised NVIDIA from a “moderate buy” rating to a “strong-buy” rating in a report on Monday, July 14th. Loop Capital upped their price target on NVIDIA from $175.00 to $250.00 and gave the company a “buy” rating in a report on Wednesday, June 25th. Finally, Daiwa Capital Markets upped their price target on NVIDIA from $165.00 to $205.00 and gave the company an “outperform” rating in a report on Wednesday, September 17th. 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 assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $209.82.

Insider Transactions at NVIDIA

In related news, CEO Jen Hsun Huang sold 75,000 shares of the firm’s stock in a transaction that occurred on Wednesday, July 9th. The stock was sold at an average price of $163.11, for a total transaction of $12,233,250.00. Following the completion of the sale, the chief executive officer directly owned 74,873,225 shares of the company’s stock, valued at approximately $12,212,571,729.75. This trade represents a 0.10% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Harvey C. Jones sold 250,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 18th. The stock was sold at an average price of $176.21, for a total value of $44,052,500.00. Following the sale, the director directly owned 7,183,280 shares of the company’s stock, valued at $1,265,765,768.80. This represents a 3.36% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 4,050,558 shares of company stock worth $701,164,609. 4.17% of the stock is currently owned by company insiders.

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.