Wetzel Investment Advisors Inc. Has $1.20 Million Stock Position in NVIDIA Corporation $NVDA

Wetzel Investment Advisors Inc. increased its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA) by 1.7% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 7,591 shares of the computer hardware maker’s stock after purchasing an additional 125 shares during the period. Wetzel Investment Advisors Inc.’s holdings in NVIDIA were worth $1,199,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in NVDA. Pachira Investments Inc. raised its stake in shares of NVIDIA by 1.0% in the second quarter. Pachira Investments Inc. now owns 6,450 shares of the computer hardware maker’s stock valued at $1,019,000 after buying an additional 63 shares during the period. HFG Wealth Management LLC grew its position in shares of NVIDIA by 3.4% in the second quarter. HFG Wealth Management LLC now owns 2,075 shares of the computer hardware maker’s stock valued at $328,000 after purchasing an additional 68 shares in the last quarter. Hidden Cove Wealth Management LLC grew its position in shares of NVIDIA by 0.3% in the second quarter. Hidden Cove Wealth Management LLC now owns 23,778 shares of the computer hardware maker’s stock valued at $3,757,000 after purchasing an additional 69 shares in the last quarter. Summit Financial Strategies Inc. grew its position in shares of NVIDIA by 0.6% in the second quarter. Summit Financial Strategies Inc. now owns 11,637 shares of the computer hardware maker’s stock valued at $1,839,000 after purchasing an additional 69 shares in the last quarter. Finally, Burkett Financial Services LLC grew its position in shares of NVIDIA by 1.3% in the second quarter. Burkett Financial Services LLC now owns 5,450 shares of the computer hardware maker’s stock valued at $861,000 after purchasing an additional 70 shares in the last quarter. Institutional investors and hedge funds own 65.27% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on NVDA. DA Davidson upgraded NVIDIA from a “neutral” rating to a “buy” rating and lifted their price target for the company from $195.00 to $210.00 in a research report on Thursday, September 11th. Truist Financial lifted their price target on NVIDIA from $210.00 to $228.00 and gave the company a “buy” rating in a research report on Thursday, August 28th. Needham & Company LLC reiterated a “buy” rating and issued a $200.00 price target on shares of NVIDIA in a research report on Thursday, August 28th. Arete lifted their price target on NVIDIA from $235.00 to $244.00 and gave the company a “buy” rating in a research report on Tuesday. Finally, Citigroup reiterated a “buy” rating and issued a $210.00 price target (up from $200.00) on shares of NVIDIA in a research report on Tuesday, September 30th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $222.23.

NVIDIA Trading Down 0.1%

NASDAQ NVDA opened at $179.83 on Thursday. NVIDIA Corporation has a 1-year low of $86.62 and a 1-year high of $195.62. The company has a current ratio of 4.21, a quick ratio of 3.60 and a debt-to-equity ratio of 0.08. The stock has a 50-day moving average of $179.37 and a 200-day moving average of $151.96. The firm has a market cap of $4.37 trillion, a PE ratio of 51.23, a price-to-earnings-growth ratio of 1.30 and a beta of 2.12.

NVIDIA (NASDAQ:NVDA) last released its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share for the quarter, beating analysts’ consensus estimates of $1.01 by $0.04. The company 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%.NVIDIA’s revenue for the quarter was up 55.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. As a group, sell-side analysts forecast that NVIDIA Corporation will post 2.77 EPS for the current 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 paid a $0.01 dividend. The ex-dividend date 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%.

Insider Buying and Selling at NVIDIA

In other NVIDIA news, CEO Jen Hsun Huang sold 75,000 shares of the stock in a transaction on Wednesday, October 15th. The stock was sold at an average price of $181.01, for a total transaction of $13,575,750.00. Following the sale, the chief executive officer directly 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 sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In the last quarter, insiders sold 3,828,937 shares of company stock valued at $680,708,026. Corporate insiders own 4.17% of the company’s stock.

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.