Owen LaRue LLC Has $7.99 Million Holdings in NVIDIA Corporation $NVDA

Owen LaRue LLC lowered its position in shares of NVIDIA Corporation (NASDAQ:NVDA) by 2.2% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 50,549 shares of the computer hardware maker’s stock after selling 1,118 shares during the quarter. NVIDIA accounts for approximately 3.4% of Owen LaRue LLC’s investment portfolio, making the stock its 8th largest position. Owen LaRue LLC’s holdings in NVIDIA were worth $7,986,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of NVDA. Brighton Jones LLC boosted its stake in NVIDIA by 12.4% during the fourth quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker’s stock valued at $43,631,000 after buying an additional 35,815 shares in the last quarter. Bank Pictet & Cie Europe AG raised its holdings in NVIDIA by 1.0% during the 4th quarter. Bank Pictet & Cie Europe AG now owns 2,346,417 shares of the computer hardware maker’s stock worth $315,100,000 after buying an additional 22,929 shares during the period. Highview Capital Management LLC DE raised its holdings in NVIDIA by 6.7% during the 4th quarter. Highview Capital Management LLC DE now owns 58,396 shares of the computer hardware maker’s stock worth $7,842,000 after buying an additional 3,653 shares during the period. Hudson Value Partners LLC raised its holdings in NVIDIA by 30.7% during the 4th quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker’s stock worth $6,805,000 after buying an additional 11,900 shares during the period. Finally, Kings Path Partners LLC raised its holdings in NVIDIA by 1,000.0% during the 1st quarter. Kings Path Partners LLC now owns 11,000 shares of the computer hardware maker’s stock worth $1,192,000 after buying an additional 10,000 shares during the period. Institutional investors own 65.27% of the company’s stock.

NVIDIA Stock Down 0.3%

NVDA opened at $185.04 on Wednesday. NVIDIA Corporation has a fifty-two week low of $86.62 and a fifty-two week high of $191.05. The business has a 50-day moving average of $178.48 and a 200-day moving average of $149.30. 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 company has a market capitalization of $4.50 trillion, a PE ratio of 52.72, a price-to-earnings-growth ratio of 1.34 and a beta of 2.12.

NVIDIA (NASDAQ:NVDA) last posted 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. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The company had revenue of $46.74 billion during the quarter, compared to the consensus estimate of $45.65 billion. During the same period last year, the business earned $0.68 EPS. The business’s quarterly revenue was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. Equities research analysts forecast that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Announces Dividend

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

Insider Transactions at NVIDIA

In other news, CFO Colette Kress sold 30,500 shares of the firm’s 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 directly owned 2,883,402 shares of the company’s stock, valued at $508,632,112.80. This trade represents a 1.05% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Jen Hsun Huang sold 75,000 shares of the firm’s stock in a transaction that occurred on Monday, October 6th. The shares were sold at an average price of $185.79, for a total value of $13,934,250.00. Following the completion of the transaction, the chief executive officer directly owned 70,858,203 shares in the company, valued at $13,164,745,535.37. The trade was a 0.11% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 3,947,622 shares of company stock valued at $694,333,235 over the last ninety days. Company insiders own 4.17% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on NVDA. Craig Hallum boosted their price objective on NVIDIA from $195.00 to $245.00 and gave the stock a “buy” rating in a report on Thursday, August 28th. UBS Group restated a “buy” rating on shares of NVIDIA in a report on Tuesday, September 23rd. Truist Financial boosted their price objective on NVIDIA from $210.00 to $228.00 and gave the stock a “buy” rating in a report on Thursday, August 28th. Stifel Nicolaus boosted their price objective on NVIDIA from $202.00 to $212.00 and gave the stock a “buy” rating in a report on Monday, August 25th. Finally, Needham & Company LLC restated a “buy” rating and set a $200.00 price objective on shares of NVIDIA in a report on Thursday, August 28th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $211.26.

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.