NVIDIA Corporation $NVDA Shares Acquired by Michels Family Financial LLC

Michels Family Financial LLC grew its holdings in NVIDIA Corporation (NASDAQ:NVDA) by 5.0% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,084 shares of the computer hardware maker’s stock after buying an additional 196 shares during the period. Michels Family Financial LLC’s holdings in NVIDIA were worth $645,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of the business. CogentBlue Wealth Advisors LLC raised its position in shares of NVIDIA by 69.9% in the second quarter. CogentBlue Wealth Advisors LLC now owns 20,551 shares of the computer hardware maker’s stock valued at $3,247,000 after buying an additional 8,458 shares during the last quarter. Signature Resources Capital Management LLC raised its position in shares of NVIDIA by 33.9% in the second quarter. Signature Resources Capital Management LLC now owns 2,310 shares of the computer hardware maker’s stock valued at $365,000 after buying an additional 585 shares during the last quarter. Kiley Juergens Wealth Management LLC raised its position in shares of NVIDIA by 0.7% in the second quarter. Kiley Juergens Wealth Management LLC now owns 172,585 shares of the computer hardware maker’s stock valued at $27,267,000 after buying an additional 1,243 shares during the last quarter. Marmo Financial Group LLC acquired a new stake in shares of NVIDIA in the second quarter valued at about $383,000. Finally, Spirepoint Private Client LLC raised its position in shares of NVIDIA by 0.3% in the second quarter. Spirepoint Private Client LLC now owns 138,619 shares of the computer hardware maker’s stock valued at $21,900,000 after buying an additional 349 shares during the last quarter. 65.27% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related 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 value of $61,736,500.00. Following the completion of the transaction, the director owned 7,399,803 shares in the company, valued at $1,305,251,251.17. The trade was a 4.52% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Jen Hsun Huang sold 75,000 shares of NVIDIA stock in a transaction that occurred on Wednesday, July 30th. The stock was sold at an average price of $178.74, for a total transaction of $13,405,500.00. Following the completion of the transaction, the chief executive officer owned 73,748,225 shares of the company’s stock, valued at $13,181,757,736.50. This represents a 0.10% decrease in their position. The disclosure for this sale can be found here. Insiders sold 3,925,379 shares of company stock worth $694,277,421 over the last 90 days. 4.17% of the stock is owned by insiders.

NVIDIA Trading Down 4.9%

NASDAQ NVDA opened at $183.16 on Friday. The firm has a 50 day simple moving average of $179.16 and a 200-day simple moving average of $150.49. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.60 and a current ratio of 4.21. NVIDIA Corporation has a one year low of $86.62 and a one year high of $195.62. The firm has a market cap of $4.45 trillion, a price-to-earnings ratio of 52.18, a PEG ratio of 1.39 and a beta of 2.12.

NVIDIA (NASDAQ:NVDA) last posted its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, beating 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 business had revenue of $46.74 billion during the quarter, compared to analyst estimates of $45.65 billion. During the same quarter last year, the firm posted $0.68 earnings per share. The business’s revenue for the quarter was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. Equities research analysts anticipate that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th were paid a $0.01 dividend. 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 presently 1.14%.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on NVDA. Robert W. Baird raised their price objective on shares of NVIDIA from $195.00 to $225.00 and gave the stock an “outperform” rating in a research report on Monday, August 25th. Wells Fargo & Company raised their price objective on shares of NVIDIA from $185.00 to $220.00 and gave the stock an “overweight” rating in a research report on Monday, August 11th. Needham & Company LLC restated a “buy” rating and set a $200.00 price objective on shares of NVIDIA in a research report on Thursday, August 28th. Rosenblatt Securities restated a “buy” rating and set a $215.00 price objective on shares of NVIDIA in a research report on Tuesday, September 23rd. Finally, Truist Financial raised their price objective on shares of NVIDIA from $210.00 to $228.00 and gave the stock a “buy” rating in a research report on Thursday, August 28th. Four 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 assigned a Sell rating to the company’s stock. According to MarketBeat.com, NVIDIA presently has a consensus rating of “Moderate Buy” and an average target price of $212.84.

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.