Wiser Wealth Management Inc lifted its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 13.2% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 10,751 shares of the computer hardware maker’s stock after buying an additional 1,253 shares during the period. NVIDIA comprises 0.4% of Wiser Wealth Management Inc’s holdings, making the stock its 20th largest position. Wiser Wealth Management Inc’s holdings in NVIDIA were worth $1,699,000 as of its most recent SEC filing.
A number of other large investors also recently modified their holdings of NVDA. Kingstone Capital Partners Texas LLC raised its holdings in NVIDIA by 267,959.7% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 382,373,765 shares of the computer hardware maker’s stock valued at $64,976,521,000 after acquiring an additional 382,231,120 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in NVIDIA by 2.9% in 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 valued at $22,412,434,000 after acquiring an additional 5,896,735 shares during the period. Goldman Sachs Group Inc. raised its holdings in NVIDIA by 123.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 187,995,213 shares of the computer hardware maker’s stock valued at $20,374,921,000 after acquiring an additional 103,889,872 shares during the period. Nuveen LLC bought a new position in NVIDIA in the 1st quarter valued at about $15,089,414,000. Finally, Amundi raised its holdings in NVIDIA by 16.0% in the 1st quarter. Amundi now owns 135,770,043 shares of the computer hardware maker’s stock valued at $13,826,199,000 after acquiring an additional 18,733,431 shares during the period. 65.27% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity
In related news, CEO Jen Hsun Huang sold 75,000 shares of the stock in a transaction that occurred on Wednesday, October 15th. The shares were sold at an average price of $181.01, for a total transaction of $13,575,750.00. Following the sale, the chief executive officer owned 70,333,203 shares in the company, valued at approximately $12,731,013,075.03. This trade represents a 0.11% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In the last quarter, insiders have sold 3,753,937 shares of company stock worth $667,769,026. Company insiders own 4.17% of the company’s stock.
NVIDIA Stock Performance
NVIDIA (NASDAQ:NVDA – Get Free Report) last posted its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.04. The business had revenue of $46.74 billion for the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same quarter last year, the business posted $0.68 EPS. 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 company also recently declared 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. The ex-dividend date was Thursday, September 11th. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. NVIDIA’s dividend payout ratio (DPR) is currently 1.14%.
Analyst Upgrades and Downgrades
Several research analysts have weighed in on NVDA shares. Loop Capital increased their price target on shares of NVIDIA from $175.00 to $250.00 and gave the company a “buy” rating in a report on Wednesday, June 25th. Wells Fargo & Company raised their target price on shares of NVIDIA from $185.00 to $220.00 and gave the stock an “overweight” rating in a report on Monday, August 11th. Mizuho raised their target price on shares of NVIDIA from $205.00 to $225.00 and gave the stock an “outperform” rating in a report on Monday, October 13th. The Goldman Sachs Group set a $210.00 target price on shares of NVIDIA and gave the stock a “buy” rating in a report on Monday, October 6th. Finally, Arete raised their target price on shares of NVIDIA from $235.00 to $244.00 and gave the stock a “buy” rating in a report on Tuesday, October 14th. Five investment analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $222.23.
Read Our Latest Analysis on NVDA
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.
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