NVIDIA Corporation $NVDA Holdings Raised by Wagner Wealth Management LLC

Wagner Wealth Management LLC grew its stake in shares of NVIDIA Corporation (NASDAQ:NVDAFree Report) by 9.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,322 shares of the computer hardware maker’s stock after purchasing an additional 832 shares during the period. Wagner Wealth Management LLC’s holdings in NVIDIA were worth $1,473,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the business. San Luis Wealth Advisors LLC lifted its stake in NVIDIA by 14.1% in the 2nd quarter. San Luis Wealth Advisors LLC now owns 120,952 shares of the computer hardware maker’s stock worth $19,109,000 after acquiring an additional 14,989 shares in the last quarter. Beacon Capital Management LLC lifted its stake in NVIDIA by 2.4% in the 2nd quarter. Beacon Capital Management LLC now owns 76,935 shares of the computer hardware maker’s stock worth $12,155,000 after acquiring an additional 1,797 shares in the last quarter. PMG Wealth Management Inc. lifted its stake in NVIDIA by 3.5% in the 2nd quarter. PMG Wealth Management Inc. now owns 3,929 shares of the computer hardware maker’s stock worth $621,000 after acquiring an additional 134 shares in the last quarter. Stone Summit Wealth LLC purchased a new stake in NVIDIA in the 2nd quarter worth about $332,000. Finally, Fort Washington Investment Advisors Inc. OH lifted its stake in NVIDIA by 3.7% in the 2nd quarter. Fort Washington Investment Advisors Inc. OH now owns 2,399,641 shares of the computer hardware maker’s stock worth $379,119,000 after acquiring an additional 86,515 shares in the last quarter. 65.27% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, Director Mark A. Stevens sold 350,000 shares of the company’s stock in a transaction 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 completion of the sale, 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Harvey C. Jones sold 250,000 shares of the firm’s stock in a transaction on 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 owned 7,183,280 shares in the company, valued at $1,265,765,768.80. The trade was a 3.36% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 3,925,379 shares of company stock valued at $694,277,421 over the last 90 days. 4.17% of the stock is currently owned by company insiders.

NVIDIA Trading Down 4.9%

NVIDIA stock opened at $183.16 on Friday. NVIDIA Corporation has a one year low of $86.62 and a one year high of $195.62. The company’s fifty day moving average price is $179.16 and its two-hundred day moving average price is $150.75. 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 company has a market capitalization of $4.45 trillion, a price-to-earnings ratio of 52.18, a PEG ratio of 1.32 and a beta of 2.12.

NVIDIA (NASDAQ:NVDAGet Free Report) last released its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.04. The company had revenue of $46.74 billion during 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 firm’s revenue was up 55.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. On average, analysts forecast that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

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

Analyst Upgrades and Downgrades

NVDA has been the subject of several research analyst reports. Robert W. Baird increased their price objective on NVIDIA from $195.00 to $225.00 and gave the stock an “outperform” rating in a research note on Monday, August 25th. Benchmark increased their price objective on NVIDIA from $190.00 to $220.00 and gave the stock a “buy” rating in a research note on Thursday, August 28th. UBS Group reissued a “buy” rating on shares of NVIDIA in a research note on Tuesday, September 23rd. JPMorgan Chase & Co. reiterated a “buy” rating and set a $215.00 price objective on shares of NVIDIA in a report on Friday, September 19th. Finally, Evercore ISI boosted their target price on NVIDIA from $214.00 to $225.00 and gave the company an “outperform” rating in a research note on Tuesday, September 23rd. 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 issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $212.84.

Check Out Our Latest Stock Analysis on NVIDIA

NVIDIA Profile

(Free Report)

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.

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Institutional Ownership by Quarter for NVIDIA (NASDAQ:NVDA)

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