MGO Private Wealth LLC Increases Stake in NVIDIA Corporation $NVDA

MGO Private Wealth LLC raised its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA) by 8.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 10,126 shares of the computer hardware maker’s stock after acquiring an additional 799 shares during the quarter. NVIDIA makes up 1.0% of MGO Private Wealth LLC’s portfolio, making the stock its 24th largest holding. MGO Private Wealth LLC’s holdings in NVIDIA were worth $1,600,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Kraematon Investment Advisors Inc. grew its holdings in NVIDIA by 4.0% during the second quarter. Kraematon Investment Advisors Inc. now owns 32,115 shares of the computer hardware maker’s stock valued at $5,074,000 after purchasing an additional 1,244 shares during the period. Hill Island Financial LLC lifted its position in shares of NVIDIA by 133.0% during the 2nd quarter. Hill Island Financial LLC now owns 24,754 shares of the computer hardware maker’s stock valued at $3,911,000 after buying an additional 14,129 shares in the last quarter. BridgePort Financial Solutions LLC grew its stake in shares of NVIDIA by 57.0% during the 2nd quarter. BridgePort Financial Solutions LLC now owns 29,531 shares of the computer hardware maker’s stock valued at $4,666,000 after acquiring an additional 10,723 shares during the period. Integrated Capital Management LLC raised its stake in NVIDIA by 24.4% during the 2nd quarter. Integrated Capital Management LLC now owns 6,262 shares of the computer hardware maker’s stock worth $1,073,000 after acquiring an additional 1,229 shares during the period. Finally, Compass Financial Group INC SD lifted its holdings in NVIDIA by 12.3% during the second quarter. Compass Financial Group INC SD now owns 10,121 shares of the computer hardware maker’s stock valued at $1,599,000 after purchasing an additional 1,108 shares in the last quarter. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. Craig Hallum increased their price objective on shares of NVIDIA from $195.00 to $245.00 and gave the stock a “buy” rating in a research note on Thursday, August 28th. Piper Sandler set a $225.00 price target on NVIDIA and gave the stock an “overweight” rating in a research note on Wednesday, August 13th. TD Cowen boosted their price objective on NVIDIA from $140.00 to $235.00 and gave the company a “buy” rating in a research report on Tuesday, August 19th. The Goldman Sachs Group set a $210.00 price objective on NVIDIA and gave the stock a “buy” rating in a research note on Monday, October 6th. Finally, Morgan Stanley lifted their target price on NVIDIA from $206.00 to $210.00 and gave the company an “overweight” rating in a research note on Thursday, August 28th. Five equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $222.23.

Insider Transactions at NVIDIA

In other NVIDIA news, CEO Jen Hsun Huang sold 75,000 shares of NVIDIA stock in a transaction 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 transaction, the chief executive officer directly owned 70,108,203 shares of the company’s stock, valued at $12,856,442,266.14. The trade was a 0.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders sold 3,753,937 shares of company stock valued at $669,548,776 in the last ninety days. 4.17% of the stock is owned by company insiders.

NVIDIA Stock Performance

Shares of NASDAQ:NVDA opened at $180.28 on Thursday. The firm has a fifty day simple moving average of $179.34 and a two-hundred day simple moving average of $154.61. NVIDIA Corporation has a 52 week low of $86.62 and a 52 week 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 stock has a market capitalization of $4.38 trillion, a P/E ratio of 51.36, a PEG ratio of 1.31 and a beta of 2.12.

NVIDIA (NASDAQ:NVDA) 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 net margin of 52.41% and a return on equity of 101.74%. The firm had revenue of $46.74 billion during the quarter, compared to the consensus estimate of $45.65 billion. During the same quarter last year, the firm earned $0.68 EPS. The firm’s revenue for the quarter was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. On average, analysts expect that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement

The business 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 annualized dividend and a yield of 0.0%. The ex-dividend date was Thursday, September 11th. NVIDIA’s dividend payout ratio is presently 1.14%.

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.