NVIDIA (NASDAQ:NVDA) Receives Buy Rating from Jefferies Financial Group

Jefferies Financial Group reaffirmed their buy rating on shares of NVIDIA (NASDAQ:NVDA) in a report published on Monday morning, Marketbeat reports. The firm currently has a $220.00 price objective on the computer hardware maker’s stock, up from their prior price objective of $205.00.

A number of other brokerages have also issued reports on NVDA. KeyCorp reaffirmed an “overweight” rating and set a $230.00 price objective (up from $215.00) on shares of NVIDIA in a report on Thursday, August 28th. New Street Research boosted their price target on shares of NVIDIA from $200.00 to $235.00 and gave the stock a “buy” rating in a research note on Friday, September 12th. Needham & Company LLC restated a “buy” rating and set a $200.00 price objective on shares of NVIDIA in a research report on Thursday, August 28th. Craig Hallum lifted their target price on NVIDIA from $195.00 to $245.00 and gave the stock a “buy” rating in a report on Thursday, August 28th. Finally, Sanford C. Bernstein reissued a “buy” rating on shares of NVIDIA in a research note on Tuesday, September 23rd. Four equities research 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 company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $210.21.

NVIDIA Trading Up 2.1%

Shares of NVIDIA stock opened at $181.85 on Monday. NVIDIA has a fifty-two week low of $86.62 and a fifty-two week high of $184.55. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.60 and a current ratio of 4.21. The company has a market capitalization of $4.42 trillion, a P/E ratio of 51.81, a P/E/G ratio of 1.29 and a beta of 2.10. The company has a fifty day moving average of $176.81 and a 200 day moving average of $146.62.

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

NVIDIA Announces Dividend

The firm also recently announced 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 dividend on an annualized basis and a yield of 0.0%. NVIDIA’s dividend payout ratio (DPR) is presently 1.14%.

Insider Activity

In other NVIDIA news, CEO Jen Hsun Huang sold 75,000 shares of the company’s stock in a transaction dated Monday, September 29th. The shares were sold at an average price of $182.34, for a total value of $13,675,500.00. Following the transaction, the chief executive officer directly owned 71,233,203 shares in the company, valued at $12,988,662,235.02. This represents a 0.11% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Colette Kress sold 20,000 shares of NVIDIA stock in a transaction that occurred on Friday, September 19th. The shares were sold at an average price of $176.40, for a total transaction of $3,528,000.00. Following the sale, the chief financial officer directly owned 143,060 shares of the company’s stock, valued at $25,235,784. This represents a 12.27% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 4,148,818 shares of company stock valued at $720,112,070. Insiders own 4.17% of the company’s stock.

Institutional Investors Weigh In On NVIDIA

Institutional investors and hedge funds have recently bought and sold shares of the company. Morton Brown Family Wealth LLC increased its position in NVIDIA by 1.5% during the 2nd quarter. Morton Brown Family Wealth LLC now owns 3,928 shares of the computer hardware maker’s stock valued at $621,000 after purchasing an additional 58 shares during the period. Roof Eidam Maycock Peralta LLC increased its holdings in NVIDIA by 0.3% during the second quarter. Roof Eidam Maycock Peralta LLC now owns 20,903 shares of the computer hardware maker’s stock valued at $3,302,000 after buying an additional 58 shares during the period. Alpha Wealth Funds LLC raised its stake in NVIDIA by 1.3% in the second quarter. Alpha Wealth Funds LLC now owns 4,634 shares of the computer hardware maker’s stock worth $732,000 after buying an additional 59 shares in the last quarter. Copia Wealth Management lifted its holdings in NVIDIA by 14.7% during the second quarter. Copia Wealth Management now owns 468 shares of the computer hardware maker’s stock worth $74,000 after buying an additional 60 shares during the period. Finally, BKM Wealth Management LLC boosted its position in NVIDIA by 1.1% during the 2nd quarter. BKM Wealth Management LLC now owns 5,745 shares of the computer hardware maker’s stock valued at $908,000 after acquiring an additional 60 shares in the last quarter. 65.27% of the stock is owned by institutional investors.

About NVIDIA

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.