LifeGoal Wealth Advisors Buys 1,361 Shares of NVIDIA Corporation $NVDA

LifeGoal Wealth Advisors increased its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA) by 35.7% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,178 shares of the computer hardware maker’s stock after purchasing an additional 1,361 shares during the period. LifeGoal Wealth Advisors’ holdings in NVIDIA were worth $818,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Astoria Portfolio Advisors LLC. grew its stake in NVIDIA by 0.9% in the first quarter. Astoria Portfolio Advisors LLC. now owns 93,568 shares of the computer hardware maker’s stock valued at $9,610,000 after acquiring an additional 864 shares during the period. Centerpoint Advisory Group raised its stake in shares of NVIDIA by 2.5% in the first quarter. Centerpoint Advisory Group now owns 39,398 shares of the computer hardware maker’s stock valued at $4,270,000 after buying an additional 943 shares during the period. GSB Wealth Management LLC grew its position in shares of NVIDIA by 3.3% in the first quarter. GSB Wealth Management LLC now owns 32,611 shares of the computer hardware maker’s stock valued at $3,534,000 after purchasing an additional 1,043 shares in the last quarter. Variant Private Wealth LLC grew its position in NVIDIA by 20.6% during the first 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 in the last quarter. Finally, Financial Perspectives Inc boosted its holdings in shares of NVIDIA by 2.8% in the 1st quarter. Financial Perspectives Inc now owns 45,958 shares of the computer hardware maker’s stock worth $4,981,000 after purchasing an additional 1,265 shares in the last quarter. Institutional investors and hedge funds own 65.27% of the company’s stock.

NVIDIA Trading Down 4.4%

NVDA opened at $180.12 on Wednesday. The company’s 50 day simple moving average is $179.36 and its two-hundred day simple moving average is $151.77. The firm has a market capitalization of $4.38 trillion, a price-to-earnings ratio of 51.32, a price-to-earnings-growth ratio of 1.36 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. NVIDIA Corporation has a 1-year low of $86.62 and a 1-year high of $195.62.

NVIDIA (NASDAQ:NVDA) last posted its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.04. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The firm had revenue of $46.74 billion during the quarter, compared to the consensus estimate of $45.65 billion. During the same quarter last year, the firm earned $0.68 EPS. The firm’s revenue for the quarter was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. Analysts expect that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Announces Dividend

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

Analyst Upgrades and Downgrades

A number of research analysts have commented on the company. BNP Paribas raised NVIDIA to a “hold” rating in a research report on Friday, August 1st. Weiss Ratings reissued a “buy (b)” rating on shares of NVIDIA in a report on Wednesday, October 8th. Wolfe Research lifted their price target on NVIDIA from $220.00 to $230.00 in a research report on Tuesday, September 23rd. TD Cowen lifted their price target on shares of NVIDIA from $140.00 to $235.00 and gave the company a “buy” rating in a research note on Tuesday, August 19th. Finally, Jefferies Financial Group reissued a “buy” rating and issued a $220.00 price objective (up previously from $205.00) on shares of NVIDIA in a research note on Monday, September 29th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $214.15.

Insider Activity at NVIDIA

In related news, Director Mark A. Stevens sold 350,000 shares of the business’s stock in a transaction dated 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 transaction, the director owned 7,399,803 shares in the company, valued at $1,305,251,251.17. The trade was a 4.52% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Jen Hsun Huang sold 75,000 shares of the stock in a transaction dated Monday, August 4th. The stock was sold at an average price of $178.16, for a total transaction of $13,362,000.00. Following the transaction, the chief executive officer directly owned 73,523,225 shares of the company’s stock, valued at $13,098,897,766. This represents a 0.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 3,678,937 shares of company stock worth $653,013,526 in the last quarter. Company insiders own 4.17% of the company’s stock.

NVIDIA Company 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.