Crown Wealth Group LLC Acquires 740 Shares of NVIDIA Corporation $NVDA

Crown Wealth Group LLC boosted its position in NVIDIA Corporation (NASDAQ:NVDA) by 1.9% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 40,043 shares of the computer hardware maker’s stock after buying an additional 740 shares during the quarter. NVIDIA makes up about 2.4% of Crown Wealth Group LLC’s holdings, making the stock its 12th largest position. Crown Wealth Group LLC’s holdings in NVIDIA were worth $6,326,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of NVDA. Kathleen S. Wright Associates Inc. increased its position 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 worth $44,000 after buying an additional 254 shares during the last quarter. Barnes Dennig Private Wealth Management LLC purchased a new stake in NVIDIA in the first quarter worth $51,000. Bruce G. Allen Investments LLC increased its position in NVIDIA by 198.2% in the first quarter. Bruce G. Allen Investments LLC now owns 492 shares of the computer hardware maker’s stock worth $53,000 after buying an additional 327 shares during the last quarter. Legend Financial Advisors Inc. purchased a new stake in NVIDIA in the second quarter worth $55,000. Finally, Campbell Capital Management Inc. increased its position in NVIDIA by 5,900.0% in the first quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker’s stock worth $65,000 after buying an additional 590 shares during the last quarter. 65.27% of the stock is owned by hedge funds and other institutional investors.

NVIDIA Price Performance

NVIDIA stock opened at $185.04 on Wednesday. NVIDIA Corporation has a 52 week low of $86.62 and a 52 week high of $191.05. The business has a 50-day simple moving average of $178.48 and a 200 day simple moving average of $149.30. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08. The stock has a market cap of $4.50 trillion, a price-to-earnings ratio of 52.72, a PEG ratio of 1.34 and a beta of 2.12.

NVIDIA (NASDAQ:NVDA) last posted its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, topping the consensus estimate of $1.01 by $0.04. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The business had revenue of $46.74 billion during the quarter, compared to analysts’ expectations of $45.65 billion. During the same period in the previous year, the business earned $0.68 earnings per share. The firm’s revenue was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. On average, research analysts forecast that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement

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

Insider Activity

In other NVIDIA news, CFO Colette Kress sold 30,500 shares of NVIDIA stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $176.40, for a total transaction of $5,380,200.00. Following the completion of the sale, the chief financial officer owned 2,883,402 shares of the company’s stock, valued at $508,632,112.80. The trade was a 1.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Jen Hsun Huang sold 75,000 shares of NVIDIA stock in a transaction dated Monday, October 6th. The stock was sold at an average price of $185.79, for a total value of $13,934,250.00. Following the sale, the chief executive officer directly owned 70,858,203 shares of the company’s stock, valued at approximately $13,164,745,535.37. 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 have sold 3,947,622 shares of company stock valued at $694,333,235. Corporate insiders own 4.17% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have issued reports on NVDA shares. Phillip Securities raised NVIDIA from a “moderate buy” rating to a “strong-buy” rating in a research report on Monday, July 14th. Jefferies Financial Group reiterated a “buy” rating and issued a $220.00 price target (up from $205.00) on shares of NVIDIA in a research report on Monday, September 29th. The Goldman Sachs Group set a $210.00 price target on NVIDIA and gave the company a “buy” rating in a research report on Monday. Cantor Fitzgerald reiterated an “overweight” rating and issued a $240.00 price target on shares of NVIDIA in a research report on Friday, October 3rd. Finally, Mizuho lifted their price target on NVIDIA from $192.00 to $205.00 and gave the company an “outperform” rating in a research report on Thursday, August 14th. Four research analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $211.26.

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.