Capstone Wealth Management LLC Purchases 373 Shares of NVIDIA Corporation $NVDA

Capstone Wealth Management LLC grew its stake in shares of NVIDIA Corporation (NASDAQ:NVDAFree Report) by 9.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,145 shares of the computer hardware maker’s stock after buying an additional 373 shares during the quarter. NVIDIA accounts for approximately 0.6% of Capstone Wealth Management LLC’s portfolio, making the stock its 22nd largest holding. Capstone Wealth Management LLC’s holdings in NVIDIA were worth $655,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of NVDA. Kingstone Capital Partners Texas LLC grew its stake in shares of NVIDIA by 267,959.7% during the second quarter. Kingstone Capital Partners Texas LLC now owns 382,373,765 shares of the computer hardware maker’s stock valued at $64,976,521,000 after buying an additional 382,231,120 shares during the last quarter. Nuveen LLC bought a new position in shares of NVIDIA during the first quarter valued at about $15,089,414,000. Goldman Sachs Group Inc. grew its stake in shares of NVIDIA by 123.5% during the first quarter. Goldman Sachs Group Inc. now owns 187,995,213 shares of the computer hardware maker’s stock valued at $20,374,921,000 after buying an additional 103,889,872 shares during the last quarter. GAMMA Investing LLC grew its stake in shares of NVIDIA by 12,173.2% during the first quarter. GAMMA Investing LLC now owns 48,837,781 shares of the computer hardware maker’s stock valued at $5,293,039,000 after buying an additional 48,439,859 shares during the last quarter. Finally, Assenagon Asset Management S.A. grew its stake in shares of NVIDIA by 204.6% during the first quarter. Assenagon Asset Management S.A. now owns 35,652,571 shares of the computer hardware maker’s stock valued at $3,864,026,000 after buying an additional 23,948,733 shares during the last quarter. 65.27% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on NVDA shares. Cantor Fitzgerald reiterated an “overweight” rating and set a $240.00 target price on shares of NVIDIA in a report on Thursday, August 28th. Robert W. Baird increased their target price on shares of NVIDIA from $195.00 to $225.00 and gave the stock an “outperform” rating in a report on Monday, August 25th. Wedbush reiterated an “outperform” rating and set a $210.00 target price on shares of NVIDIA in a report on Thursday, August 28th. Daiwa Capital Markets increased their target price on shares of NVIDIA from $165.00 to $205.00 and gave the stock an “outperform” rating in a report on Wednesday, September 17th. Finally, Wolfe Research increased their target price on shares of NVIDIA from $220.00 to $230.00 in a report on Tuesday, September 23rd. Four 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 given a Sell rating to the stock. According to MarketBeat.com, NVIDIA presently has an average rating of “Moderate Buy” and a consensus target price of $210.21.

Read Our Latest Report on NVIDIA

NVIDIA Stock Performance

Shares of NVDA opened at $181.85 on Tuesday. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.21 and a quick ratio of 3.60. NVIDIA Corporation has a one year low of $86.62 and a one year high of $184.55. The company has a 50-day simple moving average of $176.81 and a two-hundred day simple moving average of $146.62. The firm has a market capitalization of $4.42 trillion, a PE ratio of 51.81, a price-to-earnings-growth ratio of 1.29 and a beta of 2.10.

NVIDIA (NASDAQ:NVDAGet Free Report) last announced its earnings results 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 during the quarter, compared to the consensus estimate of $45.65 billion. During the same quarter last year, the firm earned $0.68 earnings per share. The business’s revenue for the quarter was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. On average, analysts anticipate that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Dividend Announcement

The firm 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 dividend of $0.01 per share. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. The ex-dividend date is Thursday, September 11th. NVIDIA’s dividend payout ratio (DPR) is presently 1.14%.

Insider Activity

In other news, CEO Jen Hsun Huang sold 75,000 shares of NVIDIA stock in a transaction that occurred on Friday, July 11th. The shares were sold at an average price of $166.00, for a total transaction of $12,450,000.00. Following the completion of the transaction, the chief executive officer directly owned 74,723,225 shares in the company, valued at approximately $12,404,055,350. This trade represents a 0.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Mark A. Stevens sold 350,000 shares of the firm’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 sale, the director directly owned 7,399,803 shares of the company’s stock, valued at $1,305,251,251.17. This trade represents a 4.52% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 4,148,818 shares of company stock worth $720,112,070. Insiders own 4.17% of the company’s stock.

NVIDIA Profile

(Free Report)

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.

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Institutional Ownership by Quarter for NVIDIA (NASDAQ:NVDA)

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