Southland Equity Partners LLC Has $3.16 Million Stock Position in NVIDIA Corporation $NVDA

Southland Equity Partners LLC raised its stake in shares of NVIDIA Corporation (NASDAQ:NVDA) by 3.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 20,028 shares of the computer hardware maker’s stock after purchasing an additional 648 shares during the quarter. Southland Equity Partners LLC’s holdings in NVIDIA were worth $3,164,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in NVDA. Brighton Jones LLC boosted its holdings in NVIDIA by 12.4% during the fourth quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker’s stock valued at $43,631,000 after purchasing an additional 35,815 shares in the last quarter. Bank Pictet & Cie Europe AG boosted its holdings in shares of NVIDIA by 1.0% in the 4th quarter. Bank Pictet & Cie Europe AG now owns 2,346,417 shares of the computer hardware maker’s stock worth $315,100,000 after acquiring an additional 22,929 shares in the last quarter. Highview Capital Management LLC DE boosted its holdings in shares of NVIDIA by 6.7% in the 4th quarter. Highview Capital Management LLC DE now owns 58,396 shares of the computer hardware maker’s stock worth $7,842,000 after acquiring an additional 3,653 shares in the last quarter. Hudson Value Partners LLC boosted its holdings in shares of NVIDIA by 30.7% in the 4th quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker’s stock worth $6,805,000 after acquiring an additional 11,900 shares in the last quarter. Finally, Forum Financial Management LP boosted its holdings in shares of NVIDIA by 28.2% in the 4th quarter. Forum Financial Management LP now owns 189,998 shares of the computer hardware maker’s stock worth $25,515,000 after acquiring an additional 41,757 shares in the last quarter. 65.27% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have issued reports on NVDA shares. The Goldman Sachs Group reaffirmed a “buy” rating and set a $200.00 price objective on shares of NVIDIA in a report on Wednesday, August 27th. Benchmark upped their price objective on NVIDIA from $190.00 to $220.00 and gave the stock a “buy” rating in a report on Thursday, August 28th. Wells Fargo & Company upped their price objective on NVIDIA from $185.00 to $220.00 and gave the stock an “overweight” rating in a report on Monday, August 11th. Barclays reiterated an “overweight” rating and set a $240.00 target price (up previously from $200.00) on shares of NVIDIA in a research report on Monday, September 22nd. Finally, Cantor Fitzgerald reiterated an “overweight” rating and set a $240.00 target price on shares of NVIDIA in a research report on Thursday, August 28th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-six have issued a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $210.21.

NVIDIA Price Performance

NVDA opened at $181.85 on Tuesday. 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 12 month low of $86.62 and a 12 month high of $184.55. The company has a fifty day simple moving average of $176.81 and a 200 day simple moving average of $146.62. The stock has a market cap 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.

NVIDIA (NASDAQ:NVDA) last released its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS 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 analysts’ expectations of $45.65 billion. During the same quarter in the prior year, the company earned $0.68 EPS. The firm’s quarterly revenue was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. On average, research analysts expect that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 2nd. Investors of record on Thursday, September 11th will be given 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 currently 1.14%.

Insiders Place Their Bets

In related news, CFO Colette Kress sold 30,500 shares of the company’s stock in a transaction on Friday, September 19th. The shares were sold at an average price of $176.40, for a total value of $5,380,200.00. Following the completion of the transaction, the chief financial officer directly owned 2,883,402 shares of the company’s stock, valued at approximately $508,632,112.80. This represents a 1.05% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Harvey C. Jones sold 250,000 shares of the company’s stock in a transaction on 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 directly owned 7,183,280 shares of the company’s stock, 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. Insiders have sold 4,148,818 shares of company stock worth $720,112,070 over the last 90 days. 4.17% of the stock is currently owned by corporate 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.