NVIDIA Corporation $NVDA Shares Purchased by Squire Investment Management Company LLC

Squire Investment Management Company LLC raised its stake in NVIDIA Corporation (NASDAQ:NVDA) by 54.0% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 3,792 shares of the computer hardware maker’s stock after purchasing an additional 1,330 shares during the period. Squire Investment Management Company LLC’s holdings in NVIDIA were worth $599,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Pachira Investments Inc. boosted its stake in shares of NVIDIA by 1.0% in the 2nd quarter. Pachira Investments Inc. now owns 6,450 shares of the computer hardware maker’s stock valued at $1,019,000 after purchasing an additional 63 shares in the last quarter. HFG Wealth Management LLC grew its position in shares of NVIDIA by 3.4% during the 2nd quarter. HFG Wealth Management LLC now owns 2,075 shares of the computer hardware maker’s stock worth $328,000 after buying an additional 68 shares during the period. Hidden Cove Wealth Management LLC grew its position in NVIDIA by 0.3% in the 2nd quarter. Hidden Cove Wealth Management LLC now owns 23,778 shares of the computer hardware maker’s stock valued at $3,757,000 after purchasing an additional 69 shares during the period. Burkett Financial Services LLC lifted its stake in NVIDIA by 1.3% during the 2nd quarter. Burkett Financial Services LLC now owns 5,450 shares of the computer hardware maker’s stock valued at $861,000 after acquiring an additional 70 shares in the last quarter. Finally, Guided Capital Wealth Management LLC lifted its stake in NVIDIA by 0.3% during the 2nd quarter. Guided Capital Wealth Management LLC now owns 27,858 shares of the computer hardware maker’s stock valued at $4,401,000 after acquiring an additional 70 shares in the last quarter. Institutional investors own 65.27% of the company’s stock.

Insider Activity at NVIDIA

In related news, CEO Jen Hsun Huang sold 75,000 shares of the business’s stock in a transaction 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 in the company, valued at $13,181,757,736.50. The trade was a 0.10% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Mark A. Stevens sold 350,000 shares of the company’s stock in a transaction on 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 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 ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 3,925,379 shares of company stock worth $694,277,421 in the last quarter. 4.17% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on NVDA. Cantor Fitzgerald set a $300.00 target price on NVIDIA and gave the stock an “overweight” rating in a research note on Thursday. Evercore ISI upped their target price on NVIDIA from $214.00 to $225.00 and gave the stock an “outperform” rating in a research note on Tuesday, September 23rd. Bank of America boosted their price objective on NVIDIA from $220.00 to $235.00 and gave the company a “buy” rating in a research report on Thursday, August 28th. New Street Research upped their target price on NVIDIA from $200.00 to $235.00 and gave the company a “buy” rating in a report on Friday, September 12th. Finally, Morgan Stanley upped their price target on NVIDIA from $206.00 to $210.00 and gave the stock 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 given a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, NVIDIA currently has an average rating of “Moderate Buy” and a consensus target price of $212.84.

NVIDIA Stock Down 4.9%

Shares of NVDA opened at $183.16 on Friday. The company has a current ratio of 4.21, a quick ratio of 3.60 and a debt-to-equity ratio of 0.08. NVIDIA Corporation has a 12-month low of $86.62 and a 12-month high of $195.62. The business’s 50 day moving average is $179.16 and its 200 day moving average is $150.49. The company has a market capitalization of $4.45 trillion, a PE ratio of 52.18, a price-to-earnings-growth ratio of 1.39 and a beta of 2.12.

NVIDIA (NASDAQ:NVDA) last released its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.01 by $0.04. The business had revenue of $46.74 billion for the quarter, compared to the consensus estimate of $45.65 billion. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The company’s revenue was up 55.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. Research analysts expect that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 2nd. Investors of record on Thursday, September 11th were issued 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 yield of 0.0%. NVIDIA’s payout ratio is presently 1.14%.

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.