Brueske Advisory Services LLC Increases Stake in NVIDIA Corporation $NVDA

Brueske Advisory Services LLC raised its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA) by 13.3% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,350 shares of the computer hardware maker’s stock after buying an additional 510 shares during the period. Brueske Advisory Services LLC’s holdings in NVIDIA were worth $687,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Kathleen S. Wright Associates Inc. increased 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 purchasing an additional 254 shares in the last quarter. Barnes Dennig Private Wealth Management LLC purchased a new stake in shares of NVIDIA in the first quarter worth $51,000. Bruce G. Allen Investments LLC increased its stake in shares of 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 purchasing an additional 327 shares in the last quarter. Legend Financial Advisors Inc. purchased a new stake in shares of NVIDIA in the second quarter worth $55,000. Finally, Campbell Capital Management Inc. increased its stake in shares of NVIDIA by 5,900.0% in the first quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker’s stock worth $65,000 after purchasing an additional 590 shares in the last quarter. 65.27% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

NVDA has been the subject of a number of analyst reports. Weiss Ratings reissued a “buy (b)” rating on shares of NVIDIA in a research note on Wednesday, October 8th. DA Davidson raised shares of NVIDIA from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $195.00 to $210.00 in a research note on Thursday, September 11th. HSBC set a $320.00 price objective on shares of NVIDIA and gave the stock a “buy” rating in a research note on Wednesday. Wolfe Research increased their price objective on shares of NVIDIA from $220.00 to $230.00 in a research note on Tuesday, September 23rd. Finally, BNP Paribas raised shares of NVIDIA to a “hold” rating in a research note on Friday, August 1st. Four investment analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $222.23.

NVIDIA Stock Performance

Shares of NASDAQ:NVDA opened at $179.83 on Thursday. 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 $4.37 trillion, a P/E ratio of 51.23, a PEG ratio of 1.30 and a beta of 2.12. The firm has a fifty day simple moving average of $179.37 and a two-hundred day simple moving average of $151.96. 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 Dividend Announcement

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

Insider Activity

In other news, CEO Jen Hsun Huang sold 75,000 shares of the firm’s stock in a transaction dated Wednesday, October 15th. The shares were sold at an average price of $181.01, for a total value of $13,575,750.00. Following the completion of the sale, the chief executive officer owned 70,333,203 shares in the company, valued at approximately $12,731,013,075.03. This trade represents a 0.11% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In the last three months, insiders have sold 3,828,937 shares of company stock valued at $680,708,026. 4.17% of the stock is currently owned by company 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.