NVIDIA Corporation $NVDA Shares Acquired by Chico Wealth RIA

Chico Wealth RIA grew its stake in NVIDIA Corporation (NASDAQ:NVDA) by 34.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,943 shares of the computer hardware maker’s stock after purchasing an additional 760 shares during the quarter. NVIDIA makes up 0.4% of Chico Wealth RIA’s holdings, making the stock its 19th biggest position. Chico Wealth RIA’s holdings in NVIDIA were worth $465,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of NVDA. Pachira Investments Inc. raised its stake in shares of NVIDIA by 1.0% in the 2nd quarter. Pachira Investments Inc. now owns 6,450 shares of the computer hardware maker’s stock valued at $1,019,000 after acquiring an additional 63 shares during the period. HFG Wealth Management LLC grew its holdings in shares of NVIDIA by 3.4% in the second quarter. HFG Wealth Management LLC now owns 2,075 shares of the computer hardware maker’s stock valued at $328,000 after purchasing an additional 68 shares in the last quarter. Burkett Financial Services LLC grew its holdings in shares of NVIDIA by 1.3% in the second quarter. Burkett Financial Services LLC now owns 5,450 shares of the computer hardware maker’s stock valued at $861,000 after purchasing an additional 70 shares in the last quarter. Guided Capital Wealth Management LLC grew its holdings in shares of NVIDIA by 0.3% in the second quarter. Guided Capital Wealth Management LLC now owns 27,858 shares of the computer hardware maker’s stock valued at $4,401,000 after purchasing an additional 70 shares in the last quarter. Finally, Luts & Greenleigh Group Inc. grew its holdings in shares of NVIDIA by 0.4% in the second quarter. Luts & Greenleigh Group Inc. now owns 19,894 shares of the computer hardware maker’s stock valued at $3,143,000 after purchasing an additional 76 shares in the last quarter. Institutional investors and hedge funds own 65.27% of the company’s stock.

Insider Activity

In related news, CEO Jen Hsun Huang sold 75,000 shares of the company’s stock in a transaction on Monday, July 14th. The shares were sold at an average price of $164.36, for a total value of $12,327,000.00. Following the completion of the sale, the chief executive officer owned 74,648,225 shares in the company, valued at $12,269,182,261. This represents a 0.10% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, 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 sale, the director 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 disclosure for this sale can be found here. In the last quarter, insiders sold 4,022,407 shares of company stock worth $700,382,754. Corporate insiders own 4.17% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently weighed in on NVDA shares. Cantor Fitzgerald restated an “overweight” rating and issued a $240.00 price objective on shares of NVIDIA in a report on Thursday, August 28th. Stifel Nicolaus lifted their price objective on shares of NVIDIA from $202.00 to $212.00 and gave the company a “buy” rating in a report on Monday, August 25th. JPMorgan Chase & Co. restated a “buy” rating and issued a $215.00 price objective on shares of NVIDIA in a report on Friday, September 19th. Piper Sandler set a $225.00 price objective on shares of NVIDIA and gave the company an “overweight” rating in a report on Wednesday, August 13th. Finally, Bank of America lifted their price objective on shares of NVIDIA from $220.00 to $235.00 and gave the company a “buy” rating in a report on Thursday, August 28th. Four analysts have rated the stock with a Strong Buy rating, thirty-six have given 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, NVIDIA presently has an average rating of “Moderate Buy” and an average target price of $211.00.

NVIDIA Trading Up 2.5%

NASDAQ NVDA opened at $186.44 on Wednesday. The firm has a 50 day moving average of $177.20 and a two-hundred day moving average of $146.90. NVIDIA Corporation has a 52 week low of $86.62 and a 52 week high of $187.35. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08. The stock has a market capitalization of $4.53 trillion, a PE ratio of 53.12, a price-to-earnings-growth ratio of 1.32 and a beta of 2.10.

NVIDIA (NASDAQ:NVDA) last issued its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, beating the consensus estimate 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 business posted $0.68 EPS. The company’s revenue for the quarter was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. As a group, research analysts expect that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Dividend Announcement

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

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.