Crowley Wealth Management Inc. Has $868,000 Position in NVIDIA Corporation $NVDA

Crowley Wealth Management Inc. grew its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA) by 2.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,497 shares of the computer hardware maker’s stock after acquiring an additional 107 shares during the period. NVIDIA accounts for approximately 0.8% of Crowley Wealth Management Inc.’s investment portfolio, making the stock its 27th biggest holding. Crowley Wealth Management Inc.’s holdings in NVIDIA were worth $868,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Legend Financial Advisors Inc. acquired a new stake in NVIDIA during the 2nd quarter worth about $55,000. Kathleen S. Wright Associates Inc. grew its holdings in NVIDIA by 169.3% during the 1st quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker’s stock worth $44,000 after acquiring an additional 254 shares during the period. Westend Capital Management LLC grew its holdings in NVIDIA by 46.8% during the 2nd quarter. Westend Capital Management LLC now owns 455 shares of the computer hardware maker’s stock worth $72,000 after acquiring an additional 145 shares during the period. Barnes Dennig Private Wealth Management LLC acquired a new stake in NVIDIA during the 1st quarter worth about $51,000. Finally, 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 buying an additional 327 shares during the period. 65.27% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other NVIDIA news, Director Mark A. Stevens sold 350,000 shares of NVIDIA stock in a transaction that occurred on Friday, September 19th. The shares were sold at an average price of $176.39, for a total transaction of $61,736,500.00. Following the transaction, the director owned 7,399,803 shares of the company’s stock, valued at $1,305,251,251.17. This trade represents a 4.52% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Jen Hsun Huang sold 75,000 shares of NVIDIA stock in a transaction that occurred on Friday, July 25th. The stock was sold at an average price of $173.88, for a total transaction of $13,041,000.00. Following the transaction, the chief executive officer directly owned 73,973,225 shares in the company, valued at approximately $12,862,464,363. This represents a 0.10% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 3,898,491 shares of company stock valued at $686,333,234 in the last 90 days. 4.17% of the stock is currently owned by corporate insiders.

NVIDIA Price Performance

NVIDIA stock opened at $189.11 on Thursday. NVIDIA Corporation has a 52 week low of $86.62 and a 52 week high of $191.05. The company’s 50 day moving average price is $178.67 and its two-hundred day moving average price is $149.57. 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 $4.60 trillion, a P/E ratio of 53.88, a P/E/G 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 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 analysts’ expectations of $45.65 billion. During the same quarter last year, the firm earned $0.68 EPS. The company’s quarterly revenue was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. On average, equities analysts predict that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Dividend Announcement

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

Analyst Ratings Changes

Several brokerages have recently commented on NVDA. Wall Street Zen upgraded NVIDIA from a “hold” rating to a “buy” rating in a research note on Friday, September 5th. New Street Research raised their target price on NVIDIA from $200.00 to $235.00 and gave the company a “buy” rating in a research note on Friday, September 12th. The Goldman Sachs Group set a $210.00 target price on NVIDIA and gave the company a “buy” rating in a research note on Monday. KeyCorp restated an “overweight” rating and issued a $250.00 target price (up from $230.00) on shares of NVIDIA in a research note on Tuesday, September 30th. Finally, Morgan Stanley raised their target price on NVIDIA from $206.00 to $210.00 and gave the company an “overweight” rating in a research note on Thursday, August 28th. Four analysts have rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $211.26.

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.