Axis Wealth Partners LLC Has $673,000 Stock Position in NVIDIA Corporation $NVDA

Axis Wealth Partners LLC lifted its position in shares of NVIDIA Corporation (NASDAQ:NVDA) by 2.0% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,260 shares of the computer hardware maker’s stock after buying an additional 83 shares during the quarter. Axis Wealth Partners LLC’s holdings in NVIDIA were worth $673,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Cranbrook Wealth Management LLC lifted its holdings in shares of NVIDIA by 3.9% during the second quarter. Cranbrook Wealth Management LLC now owns 6,703 shares of the computer hardware maker’s stock worth $1,059,000 after buying an additional 251 shares in the last quarter. Yarbrough Capital LLC lifted its holdings in shares of NVIDIA by 5.0% during the second quarter. Yarbrough Capital LLC now owns 3,470,565 shares of the computer hardware maker’s stock worth $548,315,000 after buying an additional 165,593 shares in the last quarter. Waycross Partners LLC lifted its holdings in shares of NVIDIA by 3.4% during the second quarter. Waycross Partners LLC now owns 503,808 shares of the computer hardware maker’s stock worth $79,597,000 after buying an additional 16,498 shares in the last quarter. AM Investment Strategies LLC lifted its holdings in shares of NVIDIA by 19.5% during the second quarter. AM Investment Strategies LLC now owns 58,748 shares of the computer hardware maker’s stock worth $9,281,000 after buying an additional 9,595 shares in the last quarter. Finally, Retirement Income Solutions Inc lifted its holdings in shares of NVIDIA by 1.9% during the second quarter. Retirement Income Solutions Inc now owns 9,224 shares of the computer hardware maker’s stock worth $1,457,000 after buying an additional 172 shares in the last quarter. Institutional investors and hedge funds own 65.27% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on NVDA shares. Oppenheimer reissued an “outperform” rating and set a $225.00 target price (up previously from $200.00) on shares of NVIDIA in a report on Thursday, August 28th. Weiss Ratings restated a “buy (b)” rating on shares of NVIDIA in a research report on Saturday, September 27th. Rosenblatt Securities restated a “buy” rating and issued a $215.00 price target on shares of NVIDIA in a research report on Tuesday, September 23rd. Loop Capital raised their price target on NVIDIA from $175.00 to $250.00 and gave the stock a “buy” rating in a research report on Wednesday, June 25th. Finally, Bank of America raised their price target on NVIDIA from $220.00 to $235.00 and gave the stock a “buy” rating in a research report on Thursday, August 28th. Four research analysts have rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $211.00.

Insider Buying and Selling at NVIDIA

In other NVIDIA news, Director Mark A. Stevens sold 350,000 shares of the business’s stock in a transaction that occurred on Friday, September 19th. The stock was sold at an average price of $176.39, for a total value 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. The trade was a 4.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Harvey C. Jones sold 250,000 shares of the business’s stock in a transaction that occurred on Thursday, September 18th. The shares were sold at an average price of $176.21, for a total value of $44,052,500.00. Following the completion of the transaction, the director directly owned 7,183,280 shares in the company, valued at approximately $1,265,765,768.80. This trade represents a 3.36% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 4,097,407 shares of company stock valued at $714,378,504. 4.17% of the stock is currently owned by company insiders.

NVIDIA Price Performance

NVIDIA stock opened at $187.62 on Friday. The stock’s 50 day moving average is $178.11 and its 200 day moving average is $148.15. 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 has a market cap of $4.56 trillion, a P/E ratio of 53.45, a P/E/G ratio of 1.37 and a beta of 2.12. NVIDIA Corporation has a one year low of $86.62 and a one year high of $191.05.

NVIDIA (NASDAQ:NVDA) last posted its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, topping analysts’ consensus estimates of $1.01 by $0.04. The company had revenue of $46.74 billion for the quarter, compared to analyst estimates of $45.65 billion. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The firm’s quarterly revenue was up 55.6% on a year-over-year basis. During the same period in the previous year, the firm earned $0.68 earnings per share. 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 year.

NVIDIA Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 2nd. Shareholders of record on Thursday, September 11th were paid a $0.01 dividend. The ex-dividend date of this dividend was Thursday, September 11th. This represents a $0.04 annualized dividend and a yield of 0.0%. NVIDIA’s payout ratio is 1.14%.

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.