Marino Stram & Associates LLC Boosts Stock Holdings in NVIDIA Corporation $NVDA

Marino Stram & Associates LLC increased its stake in NVIDIA Corporation (NASDAQ:NVDAFree Report) by 1.4% during the second quarter, according to its most recent filing with the SEC. The fund owned 9,517 shares of the computer hardware maker’s stock after buying an additional 131 shares during the quarter. Marino Stram & Associates LLC’s holdings in NVIDIA were worth $1,504,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Brighton Jones LLC raised its stake in 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 acquiring an additional 35,815 shares during the period. Bank Pictet & Cie Europe AG raised its stake in 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 acquiring an additional 22,929 shares during the period. Highview Capital Management LLC DE raised its stake in 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 period. Hudson Value Partners LLC raised its stake in 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 period. Finally, Wealth Group Ltd. raised its stake in 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 period. 65.27% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at NVIDIA

In other NVIDIA news, Director Harvey C. Jones sold 250,000 shares of the firm’s stock in a transaction on Thursday, September 18th. The stock was sold at an average price of $176.21, for a total transaction of $44,052,500.00. Following the completion of the transaction, the director owned 7,183,280 shares of the company’s stock, valued at approximately $1,265,765,768.80. This trade represents a 3.36% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Jen Hsun Huang sold 75,000 shares of NVIDIA stock in a transaction dated 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 transaction, the chief executive officer directly owned 73,523,225 shares of the company’s stock, valued at approximately $13,098,897,766. This represents a 0.10% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 3,753,937 shares of company stock valued at $667,769,026. 4.17% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the company. JPMorgan Chase & Co. restated a “buy” rating and issued a $215.00 price objective on shares of NVIDIA in a research note on Friday, September 19th. Arete increased their price target on shares of NVIDIA from $235.00 to $244.00 and gave the stock a “buy” rating in a report on Tuesday. Barclays reissued an “overweight” rating and issued a $240.00 price target (up from $200.00) on shares of NVIDIA in a report on Monday, September 22nd. Oppenheimer restated an “outperform” rating and issued a $225.00 price objective (up from $200.00) on shares of NVIDIA in a research report on Thursday, August 28th. Finally, Evercore ISI upped their price objective on shares of NVIDIA from $214.00 to $225.00 and gave the company an “outperform” rating in a research note on Tuesday, September 23rd. Five equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $222.23.

Read Our Latest Analysis on NVIDIA

NVIDIA Stock Performance

NASDAQ:NVDA opened at $181.81 on Friday. The stock has a market cap of $4.42 trillion, a P/E ratio of 51.80, a price-to-earnings-growth ratio of 1.30 and a beta of 2.12. The firm’s fifty day simple moving average is $179.39 and its 200 day simple moving average is $152.47. NVIDIA Corporation has a twelve month low of $86.62 and a twelve month high of $195.62. 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:NVDAGet Free Report) last released its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.04. The business had revenue of $46.74 billion for the quarter, compared to analysts’ expectations of $45.65 billion. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The firm’s revenue for the quarter was up 55.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. As a group, research analysts predict that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Announces Dividend

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

NVIDIA Company 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.

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Institutional Ownership by Quarter for NVIDIA (NASDAQ:NVDA)

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