NVIDIA Corporation $NVDA is Victrix Investment Advisors’ Largest Position

Victrix Investment Advisors boosted its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA) by 4.1% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 86,083 shares of the computer hardware maker’s stock after buying an additional 3,400 shares during the quarter. NVIDIA accounts for about 6.0% of Victrix Investment Advisors’ portfolio, making the stock its largest holding. Victrix Investment Advisors’ holdings in NVIDIA were worth $13,600,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Kingstone Capital Partners Texas LLC grew its stake in shares of NVIDIA by 267,959.7% during the 2nd 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 grew its stake in shares of NVIDIA by 2.9% during the 1st 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. grew its stake in shares of NVIDIA by 123.5% during the 1st 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 1st quarter worth approximately $15,089,414,000. Finally, Amundi grew its stake in shares of NVIDIA by 16.0% during the 1st 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. 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 value of $44,052,500.00. Following the transaction, the director owned 7,183,280 shares in the company, valued at approximately $1,265,765,768.80. This trade represents a 3.36% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Jen Hsun Huang sold 75,000 shares of NVIDIA 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 transaction, the chief executive officer owned 73,523,225 shares in the company, 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. In the last 90 days, insiders have sold 3,753,937 shares of company stock worth $667,769,026. Corporate insiders own 4.17% of the company’s stock.

NVIDIA Trading Up 1.1%

Shares of NVDA stock opened at $181.81 on Friday. The stock’s fifty day moving average is $179.39 and its two-hundred day moving average is $152.47. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.60 and a current ratio of 4.21. The firm has a market capitalization of $4.42 trillion, a P/E ratio of 51.80, a PEG ratio of 1.30 and a beta of 2.12. NVIDIA Corporation has a fifty-two week low of $86.62 and a fifty-two week high of $195.62.

NVIDIA (NASDAQ:NVDA) last announced its quarterly earnings data 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 for 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 for the quarter was up 55.6% on a year-over-year basis. During the same quarter last year, the firm posted $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. Research analysts expect that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement

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

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the stock. HSBC set a $320.00 price objective on shares of NVIDIA and gave the stock a “buy” rating in a research note on Wednesday. Rosenblatt Securities reaffirmed a “buy” rating and set a $215.00 price objective on shares of NVIDIA in a research note on Tuesday, September 23rd. Robert W. Baird raised their price objective on shares of NVIDIA from $195.00 to $225.00 and gave the stock an “outperform” rating in a research note on Monday, August 25th. Needham & Company LLC reaffirmed a “buy” rating and set a $200.00 price objective on shares of NVIDIA in a research note on Thursday, August 28th. Finally, BNP Paribas raised shares of NVIDIA to a “hold” rating in a research note on Friday, August 1st. Five investment analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price 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.