NVIDIA Corporation $NVDA Shares Acquired by Financial Management Professionals Inc.

Financial Management Professionals Inc. increased its stake in NVIDIA Corporation (NASDAQ:NVDA) by 22.6% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 28,016 shares of the computer hardware maker’s stock after acquiring an additional 5,161 shares during the quarter. NVIDIA makes up 0.5% of Financial Management Professionals Inc.’s holdings, making the stock its 26th largest holding. Financial Management Professionals Inc.’s holdings in NVIDIA were worth $4,426,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Kathleen S. Wright Associates Inc. grew its stake in NVIDIA by 169.3% in the first 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 in the last quarter. Copia Wealth Management acquired a new position in shares of NVIDIA during the 4th quarter worth about $50,000. Barnes Dennig Private Wealth Management LLC bought a new position in NVIDIA during the first quarter valued at about $51,000. Bruce G. Allen Investments LLC grew its stake 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 stake 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. Hedge funds and other institutional investors own 65.27% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently commented on NVDA shares. Rosenblatt Securities restated a “buy” rating and set a $215.00 price target on shares of NVIDIA in a research report on Tuesday, September 23rd. Cantor Fitzgerald reissued an “overweight” rating and issued a $240.00 price target on shares of NVIDIA in a research note on Friday. JPMorgan Chase & Co. reaffirmed a “buy” rating and set a $215.00 price objective on shares of NVIDIA in a research note on Friday, September 19th. Citigroup reaffirmed a “buy” rating and set a $210.00 price objective (up previously from $200.00) on shares of NVIDIA in a research note on Tuesday. Finally, Stifel Nicolaus increased their target price on NVIDIA from $202.00 to $212.00 and gave the stock a “buy” rating in a report on Monday, August 25th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $211.00.

NVIDIA Stock Performance

Shares of NASDAQ:NVDA opened at $187.62 on Friday. The company’s 50 day simple moving average is $178.11 and its 200 day simple moving average is $148.36. The stock has a market capitalization of $4.56 trillion, a price-to-earnings ratio of 53.45, a price-to-earnings-growth ratio of 1.36 and a beta of 2.12. 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 Corporation has a 1 year low of $86.62 and a 1 year high of $191.05.

NVIDIA (NASDAQ:NVDA) last announced its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.01 by $0.04. The business had revenue of $46.74 billion for the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same period last year, the firm posted $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. As a group, research analysts predict 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. Shareholders of record on Thursday, September 11th were 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 of this dividend was Thursday, September 11th. NVIDIA’s payout ratio is presently 1.14%.

Insider Activity at NVIDIA

In other NVIDIA news, Director Persis Drell sold 40,000 shares of the business’s stock in a transaction on Friday, September 19th. The shares were sold at an average price of $177.65, for a total transaction of $7,106,000.00. Following the sale, the director owned 138,740 shares of the company’s stock, valued at approximately $24,647,161. The trade was a 22.38% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Jen Hsun Huang sold 75,000 shares of NVIDIA 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 transaction, the chief executive officer owned 71,083,203 shares in the company, valued at approximately $13,264,836,511.83. This trade represents a 0.11% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 4,097,407 shares of company stock worth $714,378,504. Corporate insiders own 4.17% of the company’s stock.

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.