O ROURKE & COMPANY Inc Has $1.52 Million Position in NVIDIA Corporation $NVDA

O ROURKE & COMPANY Inc lifted its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA) by 3.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,586 shares of the computer hardware maker’s stock after purchasing an additional 293 shares during the quarter. O ROURKE & COMPANY Inc’s holdings in NVIDIA were worth $1,515,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. Kingstone Capital Partners Texas LLC raised its position in shares of NVIDIA by 267,959.7% during the second quarter. Kingstone Capital Partners Texas LLC now owns 382,373,765 shares of the computer hardware maker’s stock worth $64,976,521,000 after purchasing an additional 382,231,120 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of NVIDIA by 2.9% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 206,794,926 shares of the computer hardware maker’s stock worth $22,412,434,000 after purchasing an additional 5,896,735 shares during the period. Goldman Sachs Group Inc. raised its position in shares of NVIDIA by 123.5% during the first quarter. Goldman Sachs Group Inc. now owns 187,995,213 shares of the computer hardware maker’s stock worth $20,374,921,000 after purchasing an additional 103,889,872 shares during the period. Nuveen LLC acquired a new stake in shares of NVIDIA during the first quarter worth about $15,089,414,000. Finally, Amundi raised its position in shares of NVIDIA by 16.0% during the first quarter. Amundi now owns 135,770,043 shares of the computer hardware maker’s stock worth $13,826,199,000 after purchasing an additional 18,733,431 shares during the period. Institutional investors and hedge funds own 65.27% of the company’s stock.

Wall Street Analysts Forecast Growth

NVDA has been the topic of a number of recent research reports. Weiss Ratings reissued a “buy (b)” rating on shares of NVIDIA in a research report on Wednesday, October 8th. BNP Paribas raised NVIDIA to a “hold” rating in a research report on Friday, August 1st. The Goldman Sachs Group set a $210.00 target price on NVIDIA and gave the company a “buy” rating in a research report on Monday, October 6th. Rosenblatt Securities reissued a “buy” rating and issued a $215.00 target price on shares of NVIDIA in a research report on Tuesday, September 23rd. Finally, Truist Financial lifted their target price on NVIDIA from $210.00 to $228.00 and gave the company a “buy” rating in a research report on Thursday, August 28th. Four research analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, NVIDIA currently has a consensus rating of “Moderate Buy” and an average target price of $222.23.

Insider Transactions at NVIDIA

In related news, Director Harvey C. Jones sold 250,000 shares of the business’s stock in a transaction on Thursday, September 18th. The stock was 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 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 position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Mark A. Stevens sold 350,000 shares of the business’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 $1,305,251,251.17. This trade represents a 4.52% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 3,828,937 shares of company stock worth $680,708,026. 4.17% of the stock is owned by company insiders.

NVIDIA Stock Performance

Shares of NASDAQ NVDA opened at $179.83 on Thursday. The company has a current ratio of 4.21, a quick ratio of 3.60 and a debt-to-equity ratio of 0.08. NVIDIA Corporation has a 12 month low of $86.62 and a 12 month high of $195.62. The stock has a 50 day moving average of $179.37 and a 200-day moving average of $151.96. The company has a market capitalization of $4.37 trillion, a P/E ratio of 51.23, a P/E/G ratio of 1.30 and a beta of 2.12.

NVIDIA (NASDAQ:NVDA) last issued its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 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 the consensus estimate of $45.65 billion. During the same period in the previous year, the company posted $0.68 EPS. The firm’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. As a group, equities research analysts predict that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Dividend Announcement

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

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.