Ridgewood Investments LLC Increases Stake in NVIDIA Corporation $NVDA

Ridgewood Investments LLC grew its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA) by 11.8% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 10,358 shares of the computer hardware maker’s stock after buying an additional 1,097 shares during the period. Ridgewood Investments LLC’s holdings in NVIDIA were worth $1,636,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of NVDA. Kingstone Capital Partners Texas LLC grew its position 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 worth $64,976,521,000 after purchasing an additional 382,231,120 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of NVIDIA by 2.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 206,794,926 shares of the computer hardware maker’s stock valued at $22,412,434,000 after acquiring an additional 5,896,735 shares during the period. Goldman Sachs Group Inc. boosted its position in shares of NVIDIA by 123.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 187,995,213 shares of the computer hardware maker’s stock worth $20,374,921,000 after purchasing an additional 103,889,872 shares in the last quarter. Nuveen LLC acquired a new stake in NVIDIA during the 1st quarter worth about $15,089,414,000. Finally, Amundi lifted its holdings in shares of NVIDIA by 16.0% in the 1st quarter. Amundi now owns 135,770,043 shares of the computer hardware maker’s stock valued at $13,826,199,000 after buying an additional 18,733,431 shares during the period. 65.27% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have commented on NVDA. Citigroup reiterated a “buy” rating and set a $210.00 price objective (up from $200.00) on shares of NVIDIA in a research note on Tuesday. Needham & Company LLC reaffirmed a “buy” rating and set a $200.00 price objective on shares of NVIDIA in a research report on Thursday, August 28th. JPMorgan Chase & Co. reissued a “buy” rating and issued a $215.00 target price on shares of NVIDIA in a report on Friday, September 19th. TD Cowen raised their price objective on NVIDIA from $140.00 to $235.00 and gave the stock a “buy” rating in a report on Tuesday, August 19th. Finally, Sanford C. Bernstein reiterated a “buy” rating on shares of NVIDIA in a research note on Tuesday, September 23rd. Four analysts have rated the stock with a Strong Buy rating, thirty-six have assigned a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $211.00.

NVIDIA Trading Up 2.5%

NVIDIA stock opened at $186.44 on Wednesday. NVIDIA Corporation has a 12-month low of $86.62 and a 12-month high of $187.35. 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 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. The firm has a 50 day simple moving average of $177.20 and a 200-day simple moving average of $146.90.

NVIDIA (NASDAQ:NVDA) last issued its quarterly earnings results 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 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 in the prior year, the firm 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. As a group, equities research analysts expect that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 2nd. Investors 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 yield of 0.0%. The ex-dividend date of this dividend is Thursday, September 11th. NVIDIA’s dividend payout ratio (DPR) is currently 1.14%.

Insiders Place Their Bets

In other NVIDIA news, Director Harvey C. Jones sold 250,000 shares of the company’s stock in a transaction on Thursday, September 18th. The shares were sold at an average price of $176.21, for a total transaction of $44,052,500.00. Following the sale, the director directly owned 7,183,280 shares of the company’s stock, valued at approximately $1,265,765,768.80. This represents a 3.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Mark A. Stevens sold 350,000 shares of the company’s stock in a transaction dated 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 transaction, the director owned 7,399,803 shares in the company, valued at $1,305,251,251.17. This trade represents a 4.52% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 4,022,407 shares of company stock valued at $700,382,754. Insiders own 4.17% of the company’s stock.

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.