Marks Group Wealth Management Inc Buys 585 Shares of NVIDIA Corporation $NVDA

Marks Group Wealth Management Inc boosted its position in NVIDIA Corporation (NASDAQ:NVDA) by 2.6% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,441 shares of the computer hardware maker’s stock after buying an additional 585 shares during the period. Marks Group Wealth Management Inc’s holdings in NVIDIA were worth $3,703,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Legend Financial Advisors Inc. bought a new position in shares of NVIDIA in the 2nd quarter worth $55,000. Kathleen S. Wright Associates Inc. raised its holdings in NVIDIA by 169.3% during the first quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker’s stock worth $44,000 after buying an additional 254 shares during the last quarter. Westend Capital Management LLC lifted its stake in shares of NVIDIA by 46.8% in the second quarter. Westend Capital Management LLC now owns 455 shares of the computer hardware maker’s stock valued at $72,000 after buying an additional 145 shares in the last quarter. Barnes Dennig Private Wealth Management LLC acquired a new position in shares of NVIDIA during the first quarter valued at about $51,000. Finally, Campbell Capital Management Inc. increased its position in shares of NVIDIA by 5,900.0% during the first quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker’s stock worth $65,000 after acquiring an additional 590 shares in the last quarter. 65.27% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at NVIDIA

In other news, CFO Colette Kress sold 27,640 shares of the stock in a transaction on Tuesday, October 21st. The stock was sold at an average price of $181.42, for a total transaction of $5,014,448.80. Following the completion of the transaction, the chief financial officer owned 2,855,762 shares in the company, valued at approximately $518,092,342.04. This represents a 0.96% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Jen Hsun Huang sold 75,000 shares of NVIDIA stock in a transaction dated Wednesday, October 22nd. The stock was sold at an average price of $179.91, for a total value of $13,493,250.00. Following the completion of the sale, the chief executive officer directly owned 69,958,203 shares of the company’s stock, valued at approximately $12,586,180,301.73. This trade represents a 0.11% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 3,801,577 shares of company stock worth $678,643,875. Corporate insiders own 4.17% of the company’s stock.

NVIDIA Price Performance

Shares of NASDAQ:NVDA opened at $182.16 on Friday. The company has a market capitalization of $4.43 trillion, a P/E ratio of 51.90, a price-to-earnings-growth ratio of 1.30 and a beta of 2.12. The company’s 50-day moving average is $179.35 and its 200 day moving average is $155.20. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.60 and a current ratio of 4.21. NVIDIA Corporation has a fifty-two week low of $86.62 and a fifty-two week high of $195.62.

NVIDIA (NASDAQ:NVDA) last released 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 analysts’ expectations of $45.65 billion. During the same period in the previous year, the company earned $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. On average, equities research analysts forecast that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Dividend Announcement

The company 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. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. The ex-dividend date of this dividend was Thursday, September 11th. NVIDIA’s dividend payout ratio (DPR) is currently 1.14%.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on NVDA. TD Cowen raised their price target on shares of NVIDIA from $140.00 to $235.00 and gave the company a “buy” rating in a research report on Tuesday, August 19th. New Street Research raised their target price on NVIDIA from $200.00 to $235.00 and gave the company a “buy” rating in a report on Friday, September 12th. Wolfe Research upped their price target on NVIDIA from $220.00 to $230.00 in a report on Tuesday, September 23rd. Hsbc Global Res raised NVIDIA from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 15th. Finally, HSBC set a $320.00 price objective on shares of NVIDIA and gave the stock a “buy” rating in a report on Wednesday, October 15th. Five analysts have rated the stock with a Strong Buy rating, forty have given a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $222.23.

NVIDIA Company Profile

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.