BetterWealth LLC Has $2.99 Million Stock Holdings in NVIDIA Corporation $NVDA

BetterWealth LLC lifted its position in NVIDIA Corporation (NASDAQ:NVDA) by 3.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,914 shares of the computer hardware maker’s stock after acquiring an additional 615 shares during the period. NVIDIA makes up approximately 0.8% of BetterWealth LLC’s holdings, making the stock its 20th biggest holding. BetterWealth LLC’s holdings in NVIDIA were worth $2,988,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Brighton Jones LLC increased its stake 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 purchasing an additional 35,815 shares in the last quarter. Bank Pictet & Cie Europe AG increased its stake 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 purchasing an additional 22,929 shares in the last quarter. Highview Capital Management LLC DE increased its stake 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 purchasing an additional 3,653 shares in the last quarter. Hudson Value Partners LLC increased its stake 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 purchasing an additional 11,900 shares in the last quarter. Finally, Forum Financial Management LP increased its stake 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 purchasing an additional 41,757 shares in the last quarter. 65.27% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms recently issued reports on NVDA. Sanford C. Bernstein reissued a “buy” rating on shares of NVIDIA in a research note on Tuesday, September 23rd. Benchmark raised their price target on shares of NVIDIA from $190.00 to $220.00 and gave the stock a “buy” rating in a research note on Thursday, August 28th. Mizuho raised their price target on shares of NVIDIA from $192.00 to $205.00 and gave the stock an “outperform” rating in a research note on Thursday, August 14th. DA Davidson raised shares of NVIDIA from a “neutral” rating to a “buy” rating and raised their price target for the stock from $195.00 to $210.00 in a research note on Thursday, September 11th. Finally, TD Cowen raised their price target on shares of NVIDIA from $140.00 to $235.00 and gave the stock a “buy” rating in a research note on Tuesday, August 19th. Four research 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 MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $211.00.

Insider Activity at NVIDIA

In other news, Director Harvey C. Jones sold 250,000 shares of NVIDIA 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 sale, 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 position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Jen Hsun Huang sold 75,000 shares of NVIDIA stock in a transaction on Monday, September 29th. The stock was sold at an average price of $182.34, for a total value of $13,675,500.00. Following the sale, the chief executive officer owned 71,233,203 shares in the company, valued at $12,988,662,235.02. The trade was a 0.11% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 4,022,407 shares of company stock worth $700,382,754. 4.17% of the stock is owned by company insiders.

NVIDIA Trading Up 0.4%

Shares of NVIDIA stock opened at $187.24 on Thursday. The stock has a market cap of $4.55 trillion, a PE ratio of 53.34, a PEG ratio of 1.35 and a beta of 2.12. The firm has a 50-day moving average of $177.52 and a 200-day moving average of $147.17. NVIDIA Corporation has a 52-week low of $86.62 and a 52-week high of $188.14. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.60 and a current ratio of 4.21.

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

NVIDIA Dividend Announcement

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

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.