Mallini Complete Financial Planning LLC Invests $234,000 in NVIDIA Corporation $NVDA

Mallini Complete Financial Planning LLC acquired a new position in NVIDIA Corporation (NASDAQ:NVDA) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 1,483 shares of the computer hardware maker’s stock, valued at approximately $234,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of NVDA. Astoria Portfolio Advisors LLC. grew its stake in shares of NVIDIA by 0.9% in the 1st quarter. Astoria Portfolio Advisors LLC. now owns 93,568 shares of the computer hardware maker’s stock worth $9,610,000 after buying an additional 864 shares in the last quarter. Centerpoint Advisory Group grew its stake in shares of NVIDIA by 2.5% in the 1st quarter. Centerpoint Advisory Group now owns 39,398 shares of the computer hardware maker’s stock worth $4,270,000 after buying an additional 943 shares in the last quarter. GSB Wealth Management LLC grew its stake in shares of NVIDIA by 3.3% in the 1st quarter. GSB Wealth Management LLC now owns 32,611 shares of the computer hardware maker’s stock worth $3,534,000 after buying an additional 1,043 shares in the last quarter. Variant Private Wealth LLC grew its stake in shares of NVIDIA by 20.6% in the 1st quarter. Variant Private Wealth LLC now owns 18,800 shares of the computer hardware maker’s stock worth $2,038,000 after buying an additional 3,206 shares in the last quarter. Finally, Financial Perspectives Inc lifted its holdings in shares of NVIDIA by 2.8% in the 1st quarter. Financial Perspectives Inc now owns 45,958 shares of the computer hardware maker’s stock worth $4,981,000 after acquiring an additional 1,265 shares during the last quarter. 65.27% of the stock is owned by hedge funds and other institutional investors.

NVIDIA Stock Up 0.3%

Shares of NVIDIA stock opened at $178.19 on Monday. The firm’s 50 day moving average price is $176.60 and its 200-day moving average price is $146.20. 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 P/E ratio of 50.77, a PEG 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 for the quarter, topping the consensus estimate of $1.01 by $0.04. The company had revenue of $46.74 billion for 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 earned $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. On average, sell-side analysts predict that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 2nd. Investors of record on Thursday, September 11th will be issued a dividend of $0.01 per share. The ex-dividend date of this dividend is Thursday, September 11th. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. NVIDIA’s dividend payout ratio is 1.14%.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. Citigroup lowered their target price on shares of NVIDIA from $210.00 to $200.00 and set a “buy” rating for the company in a report on Monday, September 8th. Wolfe Research raised their target price on shares of NVIDIA from $220.00 to $230.00 in a report on Tuesday, September 23rd. Truist Financial raised their target price on shares of NVIDIA from $210.00 to $228.00 and gave the stock a “buy” rating in a report on Thursday, August 28th. Evercore ISI raised their target price on shares of NVIDIA from $214.00 to $225.00 and gave the stock an “outperform” rating in a report on Tuesday, September 23rd. Finally, Stifel Nicolaus raised their target price on shares of NVIDIA from $202.00 to $212.00 and gave the stock a “buy” rating in a report on Monday, August 25th. Four investment 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 assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $209.82.

Insider Activity

In other NVIDIA news, Director Mark A. Stevens sold 350,000 shares of the company’s stock in a transaction 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 directly owned 7,399,803 shares in the company, valued at approximately $1,305,251,251.17. This represents a 4.52% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Persis Drell sold 40,000 shares of the company’s stock in a transaction on Friday, September 19th. The stock was sold at an average price of $177.65, for a total transaction of $7,106,000.00. Following the transaction, the director owned 138,740 shares of the company’s stock, valued at $24,647,161. This represents a 22.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 4,050,558 shares of company stock valued at $701,164,609 in the last three months. Corporate insiders own 4.17% of the company’s stock.

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.