NVIDIA Corporation $NVDA Shares Bought by Columbia Asset Management

Columbia Asset Management grew its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA) by 5.9% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 33,179 shares of the computer hardware maker’s stock after purchasing an additional 1,851 shares during the period. NVIDIA makes up approximately 1.0% of Columbia Asset Management’s investment portfolio, making the stock its 28th largest holding. Columbia Asset Management’s holdings in NVIDIA were worth $5,242,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of NVDA. Kathleen S. Wright Associates Inc. increased its holdings in shares of NVIDIA by 169.3% during the first quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker’s stock valued at $44,000 after purchasing an additional 254 shares during the period. Barnes Dennig Private Wealth Management LLC acquired a new position in shares of NVIDIA during the first quarter valued at $51,000. Bruce G. Allen Investments LLC grew its holdings in NVIDIA by 198.2% during the first quarter. Bruce G. Allen Investments LLC now owns 492 shares of the computer hardware maker’s stock worth $53,000 after acquiring an additional 327 shares during the period. Legend Financial Advisors Inc. acquired a new position in NVIDIA during the second quarter worth about $55,000. Finally, Campbell Capital Management Inc. grew its holdings in NVIDIA by 5,900.0% during the first quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker’s stock worth $65,000 after acquiring an additional 590 shares during the period. 65.27% of the stock is owned by institutional investors and hedge funds.

NVIDIA Stock Down 0.1%

Shares of NVIDIA stock opened at $179.83 on Thursday. The firm has a market cap of $4.37 trillion, a price-to-earnings ratio of 51.23, a P/E/G ratio of 1.30 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 52-week low of $86.62 and a 52-week high of $195.62. The stock has a 50-day simple moving average of $179.37 and a 200-day simple moving average of $151.96.

NVIDIA (NASDAQ:NVDA) last announced its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.01 by $0.04. The business had revenue of $46.74 billion during the quarter, compared to analyst estimates 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 period in the previous year, the company earned $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. On average, equities research analysts expect that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement

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

Insider Activity at NVIDIA

In related news, CEO Jen Hsun Huang sold 75,000 shares of the firm’s stock in a transaction that occurred 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 transaction, the chief executive officer directly owned 73,523,225 shares of the company’s stock, valued at approximately $13,098,897,766. This trade represents a 0.10% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Harvey C. Jones sold 250,000 shares of the firm’s stock in a transaction that occurred 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 transaction, the director directly 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. In the last ninety days, insiders have sold 3,828,937 shares of company stock valued at $680,708,026. Corporate insiders own 4.17% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. Phillip Securities raised NVIDIA from a “moderate buy” rating to a “strong-buy” rating in a report on Monday, July 14th. Evercore ISI lifted their target price on NVIDIA from $214.00 to $225.00 and gave the stock an “outperform” rating in a report on Tuesday, September 23rd. Stifel Nicolaus lifted their target price on NVIDIA from $202.00 to $212.00 and gave the stock a “buy” rating in a report on Monday, August 25th. Bank of America lifted 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. Finally, Rosenblatt Securities reaffirmed a “buy” rating and set a $215.00 target price on shares of NVIDIA in a report on Tuesday, September 23rd. Four investment analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $222.23.

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.