Madrona Financial Services LLC Has $2.41 Million Stock Holdings in NVIDIA Corporation $NVDA

Madrona Financial Services LLC lifted its position in shares of NVIDIA Corporation (NASDAQ:NVDA) by 1.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 15,272 shares of the computer hardware maker’s stock after purchasing an additional 163 shares during the period. NVIDIA accounts for 0.6% of Madrona Financial Services LLC’s portfolio, making the stock its 29th largest holding. Madrona Financial Services LLC’s holdings in NVIDIA were worth $2,413,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Pachira Investments Inc. raised its holdings in NVIDIA by 1.0% in the 2nd quarter. Pachira Investments Inc. now owns 6,450 shares of the computer hardware maker’s stock valued at $1,019,000 after acquiring an additional 63 shares during the period. HFG Wealth Management LLC raised its holdings 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 acquiring an additional 68 shares during the period. Hidden Cove Wealth Management LLC raised its holdings 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 acquiring an additional 69 shares during the period. Summit Financial Strategies Inc. raised its holdings 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 acquiring an additional 69 shares during the period. Finally, Burkett Financial Services LLC raised its holdings in NVIDIA by 1.3% in the 2nd quarter. Burkett Financial Services LLC now owns 5,450 shares of the computer hardware maker’s stock valued at $861,000 after acquiring an additional 70 shares during the period. 65.27% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other NVIDIA news, CEO Jen Hsun Huang sold 75,000 shares of the firm’s stock in a transaction that occurred on Wednesday, October 15th. The shares were sold at an average price of $181.01, for a total value of $13,575,750.00. Following the sale, the chief executive officer owned 70,333,203 shares in the company, valued at $12,731,013,075.03. This trade represents a 0.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Insiders have sold a total of 3,753,937 shares of company stock valued at $667,769,026 in the last quarter. Company insiders own 4.17% of the company’s stock.

NVIDIA Stock Performance

NASDAQ NVDA opened at $183.22 on Friday. 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 firm has a market capitalization of $4.45 trillion, a price-to-earnings ratio of 52.20, a P/E/G ratio of 1.31 and a beta of 2.12. The firm’s 50 day simple moving average is $179.40 and its 200 day simple moving average is $152.97.

NVIDIA (NASDAQ:NVDA) last issued 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. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The firm had revenue of $46.74 billion for the quarter, compared to analyst estimates of $45.65 billion. During the same quarter last year, the business posted $0.68 earnings per share. The company’s quarterly revenue was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. As a group, research analysts expect that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, October 2nd. Shareholders of record on Thursday, September 11th were given 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 currently 1.14%.

Analyst Ratings Changes

Several research analysts have weighed in on the stock. Hsbc Global Res raised shares of NVIDIA from a “hold” rating to a “strong-buy” rating in a report on Wednesday. The Goldman Sachs Group set a $210.00 target price on shares of NVIDIA and gave the stock a “buy” rating in a research report on Monday, October 6th. Mizuho increased their target price on shares of NVIDIA from $205.00 to $225.00 and gave the stock an “outperform” rating in a research report on Monday, October 13th. Sanford C. Bernstein restated a “buy” rating on shares of NVIDIA in a research report on Tuesday, September 23rd. Finally, Citigroup restated a “buy” rating and set a $210.00 target price (up previously from $200.00) on shares of NVIDIA in a research report on Tuesday, September 30th. Five equities 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 stock. According to MarketBeat.com, NVIDIA currently has an average rating of “Buy” and a consensus price target of $222.23.

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.