Signature Resources Capital Management LLC Boosts Stock Holdings in NVIDIA Corporation $NVDA

Signature Resources Capital Management LLC increased its stake in NVIDIA Corporation (NASDAQ:NVDA) by 33.9% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,310 shares of the computer hardware maker’s stock after purchasing an additional 585 shares during the quarter. Signature Resources Capital Management LLC’s holdings in NVIDIA were worth $365,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in NVDA. Legend Financial Advisors Inc. bought a new position in NVIDIA in the second quarter worth approximately $55,000. Kathleen S. Wright Associates Inc. raised 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 acquiring an additional 254 shares during the period. Westend Capital Management LLC raised its position in NVIDIA by 46.8% in the second 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 bought a new position in NVIDIA in the first quarter worth approximately $51,000. Finally, Bruce G. Allen Investments LLC raised 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 acquiring an additional 327 shares during the period. Hedge funds and other institutional investors own 65.27% of the company’s stock.

Insider Buying and Selling

In related news, Director Harvey C. Jones sold 250,000 shares of NVIDIA stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $176.21, for a total transaction of $44,052,500.00. Following the completion of the transaction, the director directly owned 7,183,280 shares of the company’s stock, valued at approximately $1,265,765,768.80. The trade was a 3.36% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Mark A. Stevens sold 350,000 shares of NVIDIA stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $176.39, for a total transaction of $61,736,500.00. Following the transaction, the director directly owned 7,399,803 shares of the company’s stock, valued at approximately $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. In the last ninety days, insiders sold 3,925,379 shares of company stock valued at $694,277,421. Company insiders own 4.17% of the company’s stock.

NVIDIA Stock Performance

Shares of NASDAQ:NVDA opened at $183.16 on Friday. NVIDIA Corporation has a 52 week low of $86.62 and a 52 week high of $195.62. The stock has a market capitalization of $4.45 trillion, a P/E ratio of 52.18, a PEG ratio of 1.39 and a beta of 2.12. The firm has a fifty day simple moving average of $179.16 and a two-hundred day simple moving average of $150.49. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08.

NVIDIA (NASDAQ:NVDA) last issued its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, topping analysts’ consensus estimates 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 analysts’ expectations of $45.65 billion. During the same period last year, the company posted $0.68 EPS. The business’s revenue was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. On average, analysts expect that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 2nd. Investors 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 payout ratio is currently 1.14%.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on NVDA. KeyCorp reiterated an “overweight” rating and issued a $250.00 price target (up from $230.00) on shares of NVIDIA in a research report on Tuesday, September 30th. 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. Benchmark increased their price target on shares of NVIDIA from $190.00 to $220.00 and gave the stock a “buy” rating in a research report on Thursday, August 28th. Sanford C. Bernstein reiterated a “buy” rating on shares of NVIDIA in a research report on Tuesday, September 23rd. Finally, JPMorgan Chase & Co. restated a “buy” rating and set a $215.00 price objective on shares of NVIDIA in a research report on Friday, September 19th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target 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.