NVIDIA Corporation $NVDA is Masso Torrence Wealth Management Inc.’s Largest Position

Masso Torrence Wealth Management Inc. increased its stake in shares of NVIDIA Corporation (NASDAQ:NVDA) by 1.1% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 160,820 shares of the computer hardware maker’s stock after purchasing an additional 1,822 shares during the period. NVIDIA makes up approximately 11.7% of Masso Torrence Wealth Management Inc.’s investment portfolio, making the stock its largest position. Masso Torrence Wealth Management Inc.’s holdings in NVIDIA were worth $25,408,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in NVDA. Brighton Jones LLC lifted its holdings in NVIDIA by 12.4% during the 4th quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker’s stock worth $43,631,000 after buying an additional 35,815 shares in the last quarter. Bank Pictet & Cie Europe AG lifted its holdings in NVIDIA by 1.0% during 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 buying an additional 22,929 shares in the last quarter. Highview Capital Management LLC DE lifted its holdings in NVIDIA by 6.7% during 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 buying an additional 3,653 shares in the last quarter. Hudson Value Partners LLC lifted its holdings in NVIDIA by 30.7% during the 4th quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker’s stock worth $6,805,000 after buying an additional 11,900 shares in the last quarter. Finally, Forum Financial Management LP lifted its holdings in NVIDIA by 28.2% during the 4th quarter. Forum Financial Management LP now owns 189,998 shares of the computer hardware maker’s stock worth $25,515,000 after buying an additional 41,757 shares in the last quarter. Hedge funds and other institutional investors own 65.27% of the company’s stock.

Insiders Place Their Bets

In other NVIDIA news, Director Mark A. Stevens sold 350,000 shares of the firm’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 transaction, the director directly owned 7,399,803 shares of the company’s stock, valued at approximately $1,305,251,251.17. This trade represents a 4.52% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Harvey C. Jones sold 250,000 shares of the firm’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 transaction, the director directly owned 7,183,280 shares in the company, valued at $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. In the last three months, insiders have sold 4,022,407 shares of company stock valued at $700,382,754. Insiders own 4.17% of the company’s stock.

NVIDIA Trading Up 2.5%

NASDAQ NVDA opened at $186.44 on Wednesday. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.21 and a quick ratio of 3.60. The firm’s fifty day moving average price is $177.20 and its 200 day moving average price is $146.90. The company has a market capitalization of $4.53 trillion, a price-to-earnings ratio of 53.12, a price-to-earnings-growth ratio of 1.32 and a beta of 2.10. NVIDIA Corporation has a 12 month low of $86.62 and a 12 month high of $187.35.

NVIDIA (NASDAQ:NVDA) last posted its earnings results 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. The firm 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%. The company’s revenue was up 55.6% on a year-over-year basis. During the same period last year, the firm posted $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. On average, sell-side analysts expect that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 2nd. Shareholders of record on Thursday, September 11th will be given a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a yield of 0.0%. The ex-dividend date of this dividend is Thursday, September 11th. NVIDIA’s dividend payout ratio (DPR) is presently 1.14%.

Analyst Upgrades and Downgrades

NVDA has been the topic of a number of research reports. The Goldman Sachs Group reiterated a “buy” rating and set a $200.00 target price on shares of NVIDIA in a report on Wednesday, August 27th. Wall Street Zen upgraded shares of NVIDIA from a “hold” rating to a “buy” rating in a report on Friday, September 5th. Needham & Company LLC reiterated a “buy” rating and set a $200.00 target price on shares of NVIDIA in a report on Thursday, August 28th. Sanford C. Bernstein reiterated a “buy” rating on shares of NVIDIA in a report on Tuesday, September 23rd. Finally, Truist Financial increased 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. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-six have given a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $211.00.

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.