NVIDIA Corporation $NVDA Shares Acquired by IVC Wealth Advisors LLC

IVC Wealth Advisors LLC boosted its holdings in NVIDIA Corporation (NASDAQ:NVDA) by 5.8% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 24,299 shares of the computer hardware maker’s stock after purchasing an additional 1,322 shares during the quarter. NVIDIA makes up 1.9% of IVC Wealth Advisors LLC’s portfolio, making the stock its 13th biggest holding. IVC Wealth Advisors LLC’s holdings in NVIDIA were worth $3,839,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Beacon Financial Advisory LLC grew its holdings in NVIDIA by 19.6% in the 2nd quarter. Beacon Financial Advisory LLC now owns 35,224 shares of the computer hardware maker’s stock valued at $5,565,000 after buying an additional 5,767 shares during the period. Gemmer Asset Management LLC boosted its position in shares of NVIDIA by 1.2% in the second quarter. Gemmer Asset Management LLC now owns 301,129 shares of the computer hardware maker’s stock worth $47,575,000 after acquiring an additional 3,697 shares during the last quarter. Marietta Wealth Management LLC grew its holdings in NVIDIA by 0.3% in the second quarter. Marietta Wealth Management LLC now owns 188,483 shares of the computer hardware maker’s stock valued at $29,778,000 after purchasing an additional 507 shares during the period. Simplicity Wealth LLC increased its position in NVIDIA by 68.8% during the second quarter. Simplicity Wealth LLC now owns 320,488 shares of the computer hardware maker’s stock worth $50,634,000 after purchasing an additional 130,672 shares during the last quarter. Finally, Chemung Canal Trust Co. increased its position in NVIDIA by 239.2% during the second quarter. Chemung Canal Trust Co. now owns 34,016 shares of the computer hardware maker’s stock worth $5,374,000 after purchasing an additional 23,987 shares during the last quarter. 65.27% of the stock is owned by institutional investors and hedge funds.

NVIDIA Stock Performance

Shares of NASDAQ:NVDA opened at $182.16 on Friday. The business’s 50-day simple moving average is $179.35 and its 200 day simple moving average is $155.20. The company has a market cap of $4.43 trillion, a P/E ratio of 51.90, a PEG ratio of 1.30 and a beta of 2.12. 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 one year low of $86.62 and a one year high of $195.62.

NVIDIA (NASDAQ:NVDA) last released its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share for the quarter, topping analysts’ consensus estimates of $1.01 by $0.04. The firm had revenue of $46.74 billion during the quarter, compared to analysts’ expectations of $45.65 billion. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.NVIDIA’s quarterly revenue was up 55.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. On average, sell-side analysts forecast that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement

The company also recently disclosed 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 is presently 1.14%.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of NVIDIA in a research note on Wednesday, October 8th. BNP Paribas upgraded NVIDIA to a “hold” rating in a report on Friday, August 1st. Jefferies Financial Group restated a “buy” rating and set a $220.00 price target (up from $205.00) on shares of NVIDIA in a research note on Monday, September 29th. Citigroup restated a “buy” rating and issued a $210.00 price objective (up from $200.00) on shares of NVIDIA in a report on Tuesday, September 30th. Finally, Cantor Fitzgerald set a $300.00 target price on NVIDIA and gave the stock an “overweight” rating in a report on Thursday, October 9th. Five analysts have rated the stock with a Strong Buy rating, forty have assigned a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $222.23.

Insider Activity

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

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.