Clear Point Advisors Inc. Grows Stock Position in NVIDIA Corporation $NVDA

Clear Point Advisors Inc. lifted its stake in NVIDIA Corporation (NASDAQ:NVDA) by 1.7% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,233 shares of the computer hardware maker’s stock after purchasing an additional 71 shares during the period. Clear Point Advisors Inc.’s holdings in NVIDIA were worth $669,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of NVDA. Astoria Portfolio Advisors LLC. lifted its holdings in NVIDIA by 0.9% during the 1st quarter. Astoria Portfolio Advisors LLC. now owns 93,568 shares of the computer hardware maker’s stock worth $9,610,000 after buying an additional 864 shares during the last quarter. Centerpoint Advisory Group lifted its holdings in NVIDIA by 2.5% during the 1st quarter. Centerpoint Advisory Group now owns 39,398 shares of the computer hardware maker’s stock worth $4,270,000 after buying an additional 943 shares during the last quarter. GSB Wealth Management LLC lifted its holdings in NVIDIA by 3.3% during the 1st quarter. GSB Wealth Management LLC now owns 32,611 shares of the computer hardware maker’s stock worth $3,534,000 after buying an additional 1,043 shares during the last quarter. Variant Private Wealth LLC lifted its holdings in NVIDIA by 20.6% during the 1st quarter. Variant Private Wealth LLC now owns 18,800 shares of the computer hardware maker’s stock worth $2,038,000 after buying an additional 3,206 shares during the last quarter. Finally, Financial Perspectives Inc lifted its holdings in NVIDIA by 2.8% during the 1st quarter. Financial Perspectives Inc now owns 45,958 shares of the computer hardware maker’s stock worth $4,981,000 after buying an additional 1,265 shares during the last quarter. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CEO Jen Hsun Huang sold 75,000 shares of the company’s stock in a transaction that occurred on Friday, October 10th. The stock was sold at an average price of $190.20, for a total value of $14,265,000.00. Following the sale, the chief executive officer owned 70,558,203 shares in the company, valued at $13,420,170,210.60. This represents a 0.11% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Colette Kress sold 30,500 shares of the company’s stock in a transaction that occurred on Friday, September 19th. The stock was sold at an average price of $176.40, for a total value of $5,380,200.00. Following the completion of the sale, the chief financial officer owned 2,883,402 shares in the company, valued at approximately $508,632,112.80. This represents a 1.05% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 3,925,379 shares of company stock worth $694,277,421. Insiders own 4.17% of the company’s stock.

NVIDIA Stock Performance

NVDA opened at $183.16 on Friday. The stock has a market cap of $4.45 trillion, a P/E ratio of 52.18, a P/E/G ratio of 1.32 and a beta of 2.12. 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 stock’s 50 day simple moving average is $179.16 and its 200 day simple moving average is $150.75. NVIDIA Corporation has a 1-year low of $86.62 and a 1-year high of $195.62.

NVIDIA (NASDAQ:NVDA) last released 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. The business had revenue of $46.74 billion for the quarter, compared to analysts’ expectations 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 prior year, the firm posted $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. As a group, equities analysts anticipate that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, October 2nd. Investors of record on Thursday, September 11th were issued a $0.01 dividend. The ex-dividend date 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 is currently 1.14%.

Analyst Ratings Changes

A number of brokerages have issued reports on NVDA. Wolfe Research lifted their price target on NVIDIA from $220.00 to $230.00 in a report on Tuesday, September 23rd. Needham & Company LLC reiterated a “buy” rating and set a $200.00 target price on shares of NVIDIA in a research report on Thursday, August 28th. JPMorgan Chase & Co. reiterated a “buy” rating and set a $215.00 target price on shares of NVIDIA in a research report on Friday, September 19th. Mizuho lifted their target price on NVIDIA from $192.00 to $205.00 and gave the stock an “outperform” rating in a research report on Thursday, August 14th. Finally, Robert W. Baird lifted their target price on NVIDIA from $195.00 to $225.00 and gave the stock an “outperform” rating in a research report on Monday, August 25th. Four research analysts have rated the stock with a Strong Buy rating, thirty-seven have given a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, NVIDIA currently has a consensus rating of “Moderate Buy” and an average price target of $212.84.

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.