NVIDIA Corporation $NVDA Shares Purchased by Legacy Financial Group LLC

Legacy Financial Group LLC raised its position in NVIDIA Corporation (NASDAQ:NVDA) by 16.9% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,426 shares of the computer hardware maker’s stock after purchasing an additional 785 shares during the quarter. Legacy Financial Group LLC’s holdings in NVIDIA were worth $857,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Kingstone Capital Partners Texas LLC increased 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 acquiring an additional 382,231,120 shares during the period. Nuveen LLC acquired a new stake in shares of NVIDIA during the first quarter worth about $15,089,414,000. Goldman Sachs Group Inc. raised its holdings in NVIDIA by 123.5% during the first 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. GAMMA Investing LLC raised its holdings in NVIDIA by 12,173.2% during the first quarter. GAMMA Investing LLC now owns 48,837,781 shares of the computer hardware maker’s stock worth $5,293,039,000 after purchasing an additional 48,439,859 shares in the last quarter. Finally, Assenagon Asset Management S.A. raised its holdings in NVIDIA by 204.6% during the first quarter. Assenagon Asset Management S.A. now owns 35,652,571 shares of the computer hardware maker’s stock worth $3,864,026,000 after purchasing an additional 23,948,733 shares in the last quarter. Hedge funds and other institutional investors own 65.27% of the company’s stock.

NVIDIA Stock Down 0.7%

NVIDIA stock opened at $187.62 on Friday. NVIDIA Corporation has a fifty-two week low of $86.62 and a fifty-two week high of $191.05. The firm has a market capitalization of $4.56 trillion, a PE ratio of 53.45, a P/E/G ratio of 1.37 and a beta of 2.12. The company’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.

NVIDIA (NASDAQ:NVDA) last issued its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share for the quarter, topping analysts’ consensus estimates of $1.01 by $0.04. The company had revenue of $46.74 billion during 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 firm’s quarterly revenue was up 55.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. Sell-side analysts anticipate that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Announces Dividend

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

Insider Buying and Selling at NVIDIA

In related news, CEO Jen Hsun Huang sold 75,000 shares of the firm’s stock in a transaction dated Monday, July 14th. The shares were sold at an average price of $164.36, for a total transaction 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 approximately $12,269,182,261. This trade represents a 0.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Mark A. Stevens sold 350,000 shares of NVIDIA stock in a transaction dated Friday, September 19th. The stock was 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 of the company’s stock, valued at $1,305,251,251.17. The trade was a 4.52% decrease in their position. 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. Corporate insiders own 4.17% of the company’s stock.

Analyst Upgrades and Downgrades

NVDA has been the topic of a number of analyst reports. Jefferies Financial Group restated a “buy” rating and set a $220.00 target price (up previously from $205.00) on shares of NVIDIA in a research report on Monday, September 29th. Wolfe Research raised their price objective on NVIDIA from $220.00 to $230.00 in a research report on Tuesday, September 23rd. KeyCorp restated an “overweight” rating and set a $250.00 target price (up from $230.00) on shares of NVIDIA in a research note on Tuesday. Citigroup reiterated a “buy” rating and issued a $210.00 price target (up from $200.00) on shares of NVIDIA in a research note on Tuesday. Finally, UBS Group restated 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-seven have given a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $211.00.

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.