EWG Elevate Inc. Has $952,000 Position in NVIDIA Corporation $NVDA

EWG Elevate Inc. raised its stake in shares of NVIDIA Corporation (NASDAQ:NVDA) by 4.3% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,023 shares of the computer hardware maker’s stock after buying an additional 247 shares during the quarter. EWG Elevate Inc.’s holdings in NVIDIA were worth $952,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. Kathleen S. Wright Associates Inc. grew its position in shares of NVIDIA by 169.3% in the 1st quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker’s stock valued at $44,000 after purchasing an additional 254 shares during the period. Copia Wealth Management acquired a new position in shares of NVIDIA in the 4th quarter valued at approximately $50,000. Barnes Dennig Private Wealth Management LLC acquired a new position in shares of NVIDIA in the 1st quarter valued at approximately $51,000. Bruce G. Allen Investments LLC grew its position in shares of NVIDIA by 198.2% in the 1st quarter. Bruce G. Allen Investments LLC now owns 492 shares of the computer hardware maker’s stock valued at $53,000 after purchasing an additional 327 shares during the period. Finally, Campbell Capital Management Inc. grew its position in shares of NVIDIA by 5,900.0% in the 1st quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker’s stock valued at $65,000 after purchasing an additional 590 shares during the period. 65.27% of the stock is currently owned by institutional investors and hedge funds.

NVIDIA Stock Performance

NVDA opened at $187.62 on Friday. The firm has a market cap of $4.56 trillion, a P/E ratio of 53.45, a price-to-earnings-growth ratio of 1.36 and a beta of 2.12. NVIDIA Corporation has a 52-week low of $86.62 and a 52-week high of $191.05. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.60 and a current ratio of 4.21. The business’s fifty day moving average is $178.11 and its 200-day moving average is $148.36.

NVIDIA (NASDAQ:NVDA) last released its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate 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%.NVIDIA’s quarterly revenue was up 55.6% on a year-over-year basis. During the same period in the prior year, the firm posted $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. Sell-side analysts expect that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Announces Dividend

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

Insider Buying and Selling

In other news, CEO Jen Hsun Huang sold 75,000 shares of the stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $186.61, for a total transaction of $13,995,750.00. Following the sale, the chief executive officer directly owned 71,083,203 shares of the company’s stock, valued at approximately $13,264,836,511.83. This represents a 0.11% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Colette Kress sold 30,500 shares of the stock in a transaction on Friday, September 19th. The stock was sold at an average price of $176.40, for a total value of $5,380,200.00. Following the sale, the chief financial officer directly owned 2,883,402 shares in the company, valued at approximately $508,632,112.80. This trade represents a 1.05% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 4,097,407 shares of company stock valued at $714,378,504. Company insiders own 4.17% of the company’s stock.

Wall Street Analysts Forecast Growth

NVDA has been the subject of several research analyst reports. DA Davidson upgraded NVIDIA from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $195.00 to $210.00 in a research report on Thursday, September 11th. Citigroup reiterated a “buy” rating and issued a $210.00 price objective (up from $200.00) on shares of NVIDIA in a research report on Tuesday. Weiss Ratings restated a “buy (b)” rating on shares of NVIDIA in a research note on Saturday, September 27th. Wall Street Zen upgraded NVIDIA from a “hold” rating to a “buy” rating in a research note on Friday, September 5th. Finally, Sanford C. Bernstein 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 issued a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, NVIDIA has a consensus rating of “Moderate Buy” and a consensus target price of $211.00.

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.