NVIDIA Corporation $NVDA Shares Bought by Powers Advisory Group LLC

Powers Advisory Group LLC raised its holdings in NVIDIA Corporation (NASDAQ:NVDAFree Report) by 2.7% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,635 shares of the computer hardware maker’s stock after purchasing an additional 70 shares during the period. Powers Advisory Group LLC’s holdings in NVIDIA were worth $416,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in NVDA. Brighton Jones LLC raised its position in shares of NVIDIA by 12.4% in the 4th quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker’s stock valued at $43,631,000 after purchasing an additional 35,815 shares in the last quarter. Bank Pictet & Cie Europe AG raised its position in shares of NVIDIA by 1.0% in the 4th quarter. Bank Pictet & Cie Europe AG now owns 2,346,417 shares of the computer hardware maker’s stock valued at $315,100,000 after purchasing an additional 22,929 shares in the last quarter. Highview Capital Management LLC DE increased its holdings in shares of NVIDIA by 6.7% in the 4th quarter. Highview Capital Management LLC DE now owns 58,396 shares of the computer hardware maker’s stock valued at $7,842,000 after acquiring an additional 3,653 shares during the last quarter. Hudson Value Partners LLC increased its holdings in shares of NVIDIA by 30.7% in the 4th quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker’s stock valued at $6,805,000 after acquiring an additional 11,900 shares during the last quarter. Finally, Wealth Group Ltd. increased its holdings in shares of NVIDIA by 15.7% in the 1st quarter. Wealth Group Ltd. now owns 6,598 shares of the computer hardware maker’s stock valued at $715,000 after acquiring an additional 896 shares during the last quarter. 65.27% of the stock is owned by institutional investors and hedge funds.

NVIDIA Price Performance

Shares of NVDA opened at $179.83 on Thursday. NVIDIA Corporation has a 12 month low of $86.62 and a 12 month high of $195.62. The company has a market cap of $4.37 trillion, a P/E ratio of 51.23, a PEG ratio of 1.30 and a beta of 2.12. The stock has a fifty day moving average price of $179.37 and a 200 day moving average price of $151.96. 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 (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. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The company had revenue of $46.74 billion during the quarter, compared to analysts’ expectations of $45.65 billion. During the same quarter in the prior year, the business posted $0.68 earnings per share. The company’s revenue for the quarter was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. On average, research analysts forecast that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Dividend Announcement

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

Analyst Ratings Changes

NVDA has been the subject of a number of research analyst reports. The Goldman Sachs Group set a $210.00 price target on NVIDIA and gave the company a “buy” rating in a report on Monday, October 6th. DA Davidson upgraded NVIDIA from a “neutral” rating to a “buy” rating and boosted their price target for the company from $195.00 to $210.00 in a report on Thursday, September 11th. Truist Financial boosted their price target on NVIDIA from $210.00 to $228.00 and gave the company a “buy” rating in a report on Thursday, August 28th. Wells Fargo & Company boosted their price target on NVIDIA from $185.00 to $220.00 and gave the company an “overweight” rating in a report on Monday, August 11th. Finally, Wolfe Research boosted their price target on NVIDIA from $220.00 to $230.00 in a report on Tuesday, September 23rd. Four investment analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $222.23.

Get Our Latest Stock Report on NVIDIA

Insider Transactions at NVIDIA

In other news, CEO Jen Hsun Huang sold 75,000 shares of the company’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 completion of the sale, the chief executive officer owned 73,523,225 shares in the company, valued at $13,098,897,766. This represents a 0.10% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, 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 value of $61,736,500.00. Following the completion of the sale, the director owned 7,399,803 shares of the company’s stock, valued at approximately $1,305,251,251.17. This trade represents a 4.52% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 3,828,937 shares of company stock valued at $680,708,026. 4.17% of the stock is currently owned by corporate insiders.

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.

See Also

Institutional Ownership by Quarter for NVIDIA (NASDAQ:NVDA)

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