Cassia Capital Partners LLC Increases Stock Position in NVIDIA Corporation $NVDA

Cassia Capital Partners LLC boosted its position in shares of NVIDIA Corporation (NASDAQ:NVDA) by 5.6% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 11,054 shares of the computer hardware maker’s stock after buying an additional 591 shares during the quarter. NVIDIA makes up 1.1% of Cassia Capital Partners LLC’s holdings, making the stock its 15th biggest position. Cassia Capital Partners LLC’s holdings in NVIDIA were worth $1,746,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the company. Missouri Trust & Investment Co boosted its stake in shares of NVIDIA by 0.8% during the 2nd quarter. Missouri Trust & Investment Co now owns 28,110 shares of the computer hardware maker’s stock worth $4,441,000 after acquiring an additional 215 shares in the last quarter. Regatta Capital Group LLC increased its stake in shares of NVIDIA by 1.7% in the 2nd quarter. Regatta Capital Group LLC now owns 57,152 shares of the computer hardware maker’s stock valued at $9,029,000 after purchasing an additional 936 shares in the last quarter. Clarus Group Inc. raised its holdings in NVIDIA by 9.4% in the 2nd quarter. Clarus Group Inc. now owns 46,340 shares of the computer hardware maker’s stock worth $7,321,000 after purchasing an additional 3,974 shares during the period. Retireful LLC boosted its position in NVIDIA by 159.4% during the second quarter. Retireful LLC now owns 5,571 shares of the computer hardware maker’s stock worth $880,000 after purchasing an additional 3,423 shares in the last quarter. Finally, Verum Partners LLC grew its holdings in NVIDIA by 9.2% in the second quarter. Verum Partners LLC now owns 15,253 shares of the computer hardware maker’s stock valued at $2,410,000 after purchasing an additional 1,281 shares during the period. Institutional investors and hedge funds own 65.27% of the company’s stock.

Insider Transactions at NVIDIA

In related news, Director Mark A. Stevens sold 350,000 shares of the company’s stock in a transaction dated 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 completion of the sale, the director directly owned 7,399,803 shares of the company’s stock, valued at $1,305,251,251.17. This represents a 4.52% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Persis Drell sold 40,000 shares of NVIDIA stock in a transaction that occurred on Friday, September 19th. The stock was sold at an average price of $177.65, for a total value of $7,106,000.00. Following the transaction, the director directly owned 138,740 shares in the company, valued at approximately $24,647,161. This trade represents a 22.38% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 3,971,893 shares of company stock worth $694,502,352 over the last three months. 4.17% of the stock is currently owned by company insiders.

NVIDIA Trading Down 0.7%

NVDA opened at $187.62 on Monday. The business has a fifty day moving average price of $178.11 and a 200 day moving average price of $148.57. 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 stock has a market capitalization of $4.56 trillion, a price-to-earnings ratio of 53.45, a PEG ratio of 1.36 and a beta of 2.12. NVIDIA Corporation has a 12 month low of $86.62 and a 12 month high of $191.05.

NVIDIA (NASDAQ:NVDA) last released its 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. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The firm had revenue of $46.74 billion for the quarter, compared to analyst estimates of $45.65 billion. During the same period in the prior year, the firm earned $0.68 earnings per share. The business’s quarterly revenue was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. Sell-side analysts expect that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement

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

Wall Street Analyst Weigh In

Several equities analysts have issued reports on NVDA shares. Truist Financial increased their price objective on shares of NVIDIA from $210.00 to $228.00 and gave the company a “buy” rating in a report on Thursday, August 28th. BNP Paribas upgraded NVIDIA to a “hold” rating in a report on Friday, August 1st. Wedbush reissued an “outperform” rating and set a $210.00 target price on shares of NVIDIA in a report on Thursday, August 28th. Phillip Securities upgraded NVIDIA from a “moderate buy” rating to a “strong-buy” rating in a research report on Monday, July 14th. Finally, DA Davidson upgraded NVIDIA from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $195.00 to $210.00 in a research report on Thursday, September 11th. Four research 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 issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price 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.