Alliance Wealth Advisors LLC Increases Stock Position in NVIDIA Corporation $NVDA

Alliance Wealth Advisors LLC boosted its position in shares of NVIDIA Corporation (NASDAQ:NVDA) by 39.1% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,297 shares of the computer hardware maker’s stock after purchasing an additional 2,051 shares during the period. Alliance Wealth Advisors LLC’s holdings in NVIDIA were worth $1,153,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Kathleen S. Wright Associates Inc. lifted its stake in shares of 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 in the last quarter. Barnes Dennig Private Wealth Management LLC purchased a new stake in NVIDIA during the 1st quarter worth approximately $51,000. Bruce G. Allen Investments LLC raised its position in shares of NVIDIA by 198.2% in the 1st quarter. Bruce G. Allen Investments LLC now owns 492 shares of the computer hardware maker’s stock valued at $53,000 after purchasing an additional 327 shares in the last quarter. Legend Financial Advisors Inc. purchased a new position in shares of NVIDIA during the 2nd quarter valued at approximately $55,000. Finally, Campbell Capital Management Inc. boosted its stake in shares of NVIDIA by 5,900.0% during the 1st quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker’s stock valued at $65,000 after buying an additional 590 shares during the last quarter. Institutional investors and hedge funds own 65.27% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the stock. Jefferies Financial Group reissued a “buy” rating and issued a $220.00 target price (up previously from $205.00) on shares of NVIDIA in a research report on Monday, September 29th. Wall Street Zen lowered NVIDIA from a “buy” rating to a “hold” rating in a report on Saturday. Bank of America increased their target price on NVIDIA from $220.00 to $235.00 and gave the stock a “buy” rating in a report on Thursday, August 28th. TD Cowen boosted their price target on NVIDIA from $140.00 to $235.00 and gave the company a “buy” rating in a report on Tuesday, August 19th. Finally, Evercore ISI raised their price objective on NVIDIA from $214.00 to $225.00 and gave the stock an “outperform” rating in a research note on Tuesday, September 23rd. Four investment analysts have rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, NVIDIA has a consensus rating of “Moderate Buy” and an average price target of $214.15.

NVIDIA Stock Performance

NVDA opened at $180.12 on Wednesday. The company has a current ratio of 4.21, a quick ratio of 3.60 and a debt-to-equity ratio of 0.08. The business’s 50 day moving average is $179.36 and its 200-day moving average is $151.77. The stock has a market cap of $4.38 trillion, a PE ratio of 51.32, a price-to-earnings-growth ratio of 1.36 and a beta of 2.12. NVIDIA Corporation has a twelve month low of $86.62 and a twelve month high of $195.62.

NVIDIA (NASDAQ:NVDA) last posted its earnings results 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. The firm 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 firm’s revenue was up 55.6% compared to the same quarter last year. During the same period last year, the firm earned $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. On average, analysts predict that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Announces Dividend

The business also recently disclosed 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 of this dividend was Thursday, September 11th. This represents a $0.04 annualized dividend and a yield of 0.0%. NVIDIA’s dividend payout ratio is presently 1.14%.

Insider Buying and Selling at NVIDIA

In other news, CEO Jen Hsun Huang sold 75,000 shares of the business’s stock in a transaction on Monday, August 4th. The stock was sold at an average price of $178.16, for a total value of $13,362,000.00. Following the sale, the chief executive officer owned 73,523,225 shares of the company’s stock, valued at approximately $13,098,897,766. The trade was a 0.10% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Harvey C. Jones sold 250,000 shares of the company’s stock in a transaction on Thursday, September 18th. The shares were sold at an average price of $176.21, for a total value of $44,052,500.00. Following the completion of the sale, the director owned 7,183,280 shares of the company’s stock, valued at approximately $1,265,765,768.80. This trade represents a 3.36% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 3,678,937 shares of company stock valued at $653,013,526. 4.17% of the stock is owned by corporate insiders.

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.