jvl associates llc Buys 4,910 Shares of NVIDIA Corporation $NVDA

jvl associates llc grew its stake in NVIDIA Corporation (NASDAQ:NVDAFree Report) by 46.6% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,447 shares of the computer hardware maker’s stock after purchasing an additional 4,910 shares during the quarter. NVIDIA makes up about 0.9% of jvl associates llc’s holdings, making the stock its 18th largest position. jvl associates llc’s holdings in NVIDIA were worth $2,440,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of NVDA. Brighton Jones LLC increased its position in shares of NVIDIA by 12.4% during the fourth 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 last quarter. Bank Pictet & Cie Europe AG increased its position in shares of NVIDIA by 1.0% during the fourth 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 last quarter. Highview Capital Management LLC DE increased its position in shares of NVIDIA by 6.7% during the fourth 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 last quarter. Hudson Value Partners LLC increased its position in shares of NVIDIA by 30.7% during the fourth 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 last quarter. Finally, Wealth Group Ltd. increased its position in shares of NVIDIA by 15.7% during the first 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 last quarter. Institutional investors own 65.27% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently commented on the company. Evercore ISI increased their price target on NVIDIA from $214.00 to $225.00 and gave the company an “outperform” rating in a research report on Tuesday, September 23rd. DA Davidson raised NVIDIA from a “neutral” rating to a “buy” rating and raised their target price for the stock from $195.00 to $210.00 in a research report on Thursday, September 11th. JPMorgan Chase & Co. reissued a “buy” rating and issued a $215.00 target price on shares of NVIDIA in a research report on Friday, September 19th. Stifel Nicolaus raised their target price on NVIDIA from $202.00 to $212.00 and gave the stock a “buy” rating in a research report on Monday, August 25th. Finally, The Goldman Sachs Group set a $210.00 target price on NVIDIA and gave the stock a “buy” rating in a research report on Monday, October 6th. Five research analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, NVIDIA has a consensus rating of “Buy” and an average price target of $222.23.

View Our Latest Stock Analysis on NVIDIA

Insider Activity at NVIDIA

In other NVIDIA news, Director Harvey C. Jones sold 250,000 shares of the company’s stock in a transaction that occurred 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 transaction, the director owned 7,183,280 shares in the company, valued at approximately $1,265,765,768.80. This represents a 3.36% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Mark A. Stevens sold 350,000 shares of the company’s stock in a transaction that occurred on 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 transaction, the director owned 7,399,803 shares in the company, valued at $1,305,251,251.17. This trade represents a 4.52% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 3,753,937 shares of company stock worth $667,769,026 in the last 90 days. Company insiders own 4.17% of the company’s stock.

NVIDIA Trading Up 0.8%

Shares of NVDA stock opened at $183.22 on Friday. The business has a 50-day moving average price of $179.40 and a two-hundred day moving average price of $152.97. NVIDIA Corporation has a 12-month low of $86.62 and a 12-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. The firm has a market cap of $4.45 trillion, a P/E ratio of 52.20, a price-to-earnings-growth ratio of 1.31 and a beta of 2.12.

NVIDIA (NASDAQ:NVDAGet Free Report) last announced its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, beating the consensus estimate of $1.01 by $0.04. The firm 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 company’s revenue was up 55.6% on a year-over-year basis. During the same period in the prior year, the company earned $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. Equities analysts anticipate that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Announces Dividend

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

See Also

Institutional Ownership by Quarter for NVIDIA (NASDAQ:NVDA)

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