B.O.S.S. Retirement Advisors LLC Acquires 4,418 Shares of NVIDIA Corporation $NVDA

B.O.S.S. Retirement Advisors LLC raised its position in NVIDIA Corporation (NASDAQ:NVDAFree Report) by 11.2% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 44,020 shares of the computer hardware maker’s stock after acquiring an additional 4,418 shares during the period. NVIDIA comprises approximately 1.7% of B.O.S.S. Retirement Advisors LLC’s holdings, making the stock its 11th largest holding. B.O.S.S. Retirement Advisors LLC’s holdings in NVIDIA were worth $6,955,000 at the end of the most recent reporting period.

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

NVIDIA Stock Up 0.8%

Shares of NVDA opened at $183.22 on Friday. NVIDIA Corporation has a 52 week low of $86.62 and a 52 week high of $195.62. The stock has a market capitalization of $4.45 trillion, a price-to-earnings ratio of 52.20, a PEG ratio of 1.31 and a beta of 2.12. 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 stock has a fifty day moving average of $179.40 and a 200-day moving average of $152.97.

NVIDIA (NASDAQ:NVDAGet Free Report) last announced its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, beating analysts’ consensus estimates 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 period in the prior year, the company earned $0.68 EPS. NVIDIA’s revenue was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. As a group, sell-side analysts anticipate that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement

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

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on NVDA shares. Truist Financial raised their price target on NVIDIA from $210.00 to $228.00 and gave the stock a “buy” rating in a research report on Thursday, August 28th. Wedbush reissued an “outperform” rating and issued a $210.00 price target on shares of NVIDIA in a research note on Thursday, August 28th. Hsbc Global Res raised NVIDIA from a “hold” rating to a “strong-buy” rating in a research report on Wednesday. Barclays reaffirmed an “overweight” rating and issued a $240.00 target price (up previously from $200.00) on shares of NVIDIA in a research report on Monday, September 22nd. Finally, Benchmark boosted their price target on NVIDIA from $190.00 to $220.00 and gave the stock a “buy” rating in a research report on Thursday, August 28th. Five research analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, NVIDIA presently has an average rating of “Buy” and a consensus price target of $222.23.

Get Our Latest Analysis on NVDA

Insider Buying and Selling

In other NVIDIA news, Director Harvey C. Jones sold 250,000 shares of the stock in a transaction dated 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 sale, the director directly 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 legal filing with the SEC, which is accessible through this link. Also, Director Mark A. Stevens sold 350,000 shares of the stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $176.39, for a total value of $61,736,500.00. Following the sale, the director owned 7,399,803 shares of the company’s stock, valued at approximately $1,305,251,251.17. The trade was a 4.52% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 3,753,937 shares of company stock valued at $667,769,026 in the last three months. Insiders own 4.17% of the company’s stock.

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.

See Also

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Institutional Ownership by Quarter for NVIDIA (NASDAQ:NVDA)

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