Curran Financial Partners LLC increased its position in NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 64.1% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 34,821 shares of the computer hardware maker’s stock after purchasing an additional 13,604 shares during the quarter. NVIDIA makes up 1.2% of Curran Financial Partners LLC’s holdings, making the stock its 25th largest position. Curran Financial Partners LLC’s holdings in NVIDIA were worth $5,501,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently modified their holdings of NVDA. Brighton Jones LLC raised its holdings in shares of NVIDIA by 12.4% in the 4th quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker’s stock valued at $43,631,000 after purchasing an additional 35,815 shares during the period. Bank Pictet & Cie Europe AG raised its holdings in shares of NVIDIA by 1.0% in the 4th 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 purchasing an additional 22,929 shares during the period. Highview Capital Management LLC DE raised its holdings in shares of NVIDIA by 6.7% in the 4th quarter. Highview Capital Management LLC DE now owns 58,396 shares of the computer hardware maker’s stock valued at $7,842,000 after purchasing an additional 3,653 shares during the period. Hudson Value Partners LLC raised its holdings in shares of NVIDIA by 30.7% in the 4th quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker’s stock valued at $6,805,000 after purchasing an additional 11,900 shares during the period. Finally, Wealth Group Ltd. raised its holdings in shares of NVIDIA by 15.7% in the 1st quarter. Wealth Group Ltd. now owns 6,598 shares of the computer hardware maker’s stock valued at $715,000 after purchasing an additional 896 shares during the period. 65.27% of the stock is owned by institutional investors.
Insider Buying and Selling at NVIDIA
In other news, CEO Jen Hsun Huang sold 75,000 shares of the company’s stock in a transaction that occurred on Monday, October 20th. The shares were sold at an average price of $183.38, for a total transaction of $13,753,500.00. Following the completion of the sale, the chief executive officer owned 70,108,203 shares of the company’s stock, valued at approximately $12,856,442,266.14. This represents a 0.11% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Over the last ninety days, insiders have sold 3,828,937 shares of company stock worth $682,264,276. Corporate insiders own 4.17% of the company’s stock.
NVIDIA Stock Performance
NVIDIA (NASDAQ:NVDA – Get Free Report) last announced its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, topping 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 in the prior year, the business posted $0.68 EPS. The business’s revenue was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. Equities research analysts predict that NVIDIA Corporation will post 2.77 earnings per share for the current year.
NVIDIA Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, October 2nd. Stockholders 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 dividend yield of 0.0%. The ex-dividend date of this dividend was Thursday, September 11th. NVIDIA’s dividend payout ratio is 1.14%.
Wall Street Analyst Weigh In
A number of research analysts recently commented on the stock. Evercore ISI upped their price target on shares of NVIDIA from $214.00 to $225.00 and gave the company an “outperform” rating in a research note on Tuesday, September 23rd. Cantor Fitzgerald set a $300.00 price target on shares of NVIDIA and gave the company an “overweight” rating in a research note on Thursday, October 9th. Hsbc Global Res upgraded shares of NVIDIA from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 15th. Piper Sandler set a $225.00 price target on shares of NVIDIA and gave the company an “overweight” rating in a research note on Wednesday, August 13th. Finally, The Goldman Sachs Group set a $210.00 price target on shares of NVIDIA and gave the company a “buy” rating in a research note on Monday, October 6th. Five equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price 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.
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