Investors Asset Management of Georgia Inc. GA ADV raised its stake in shares of NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 23.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,934 shares of the computer hardware maker’s stock after acquiring an additional 950 shares during the quarter. Investors Asset Management of Georgia Inc. GA ADV’s holdings in NVIDIA were worth $780,000 at the end of the most recent quarter.
Other large investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC raised its holdings in shares of NVIDIA by 12.4% during the fourth quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker’s stock worth $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% during the fourth quarter. Bank Pictet & Cie Europe AG now owns 2,346,417 shares of the computer hardware maker’s stock worth $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% during the fourth quarter. Highview Capital Management LLC DE now owns 58,396 shares of the computer hardware maker’s stock worth $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% during the fourth quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker’s stock worth $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% during the first quarter. Wealth Group Ltd. now owns 6,598 shares of the computer hardware maker’s stock worth $715,000 after purchasing an additional 896 shares during the period. 65.27% of the stock is currently owned by institutional investors.
Insider Buying and Selling at NVIDIA
In other news, Director Harvey C. Jones sold 250,000 shares of the firm’s stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $176.21, for a total transaction of $44,052,500.00. Following the completion of the transaction, the director owned 7,183,280 shares in the company, valued at approximately $1,265,765,768.80. This trade represents a 3.36% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Jen Hsun Huang sold 75,000 shares of the firm’s stock in a transaction dated Monday, August 4th. The shares were sold at an average price of $178.16, for a total transaction of $13,362,000.00. Following the transaction, the chief executive officer owned 73,523,225 shares of the company’s stock, valued at approximately $13,098,897,766. This trade represents a 0.10% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 3,801,577 shares of company stock valued at $678,643,875. Company insiders own 4.17% of the company’s stock.
NVIDIA Stock Up 2.3%
NVIDIA (NASDAQ:NVDA – Get Free Report) last released its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, beating the consensus estimate of $1.01 by $0.04. The firm had revenue of $46.74 billion for the quarter, compared to analysts’ expectations of $45.65 billion. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. NVIDIA’s quarterly revenue was up 55.6% on a year-over-year basis. During the same quarter last year, the company earned $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. On average, analysts expect that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.
NVIDIA Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Thursday, October 2nd. Shareholders of record on Thursday, September 11th were paid a dividend of $0.01 per share. The ex-dividend date of this dividend was Thursday, September 11th. This represents a $0.04 annualized dividend and a yield of 0.0%. NVIDIA’s dividend payout ratio (DPR) is presently 1.14%.
Analyst Ratings Changes
A number of analysts have weighed in on the stock. Stifel Nicolaus increased their target price on shares of NVIDIA from $202.00 to $212.00 and gave the stock a “buy” rating in a report on Monday, August 25th. New Street Research increased their target price on shares of NVIDIA from $200.00 to $235.00 and gave the stock a “buy” rating in a report on Friday, September 12th. Bank of America increased their price objective on shares of NVIDIA from $220.00 to $235.00 and gave the stock a “buy” rating in a report on Thursday, August 28th. Truist Financial increased their price objective on shares of NVIDIA from $210.00 to $228.00 and gave the stock a “buy” rating in a report on Thursday, August 28th. Finally, Daiwa Capital Markets increased their price objective on shares of NVIDIA from $165.00 to $205.00 and gave the stock an “outperform” rating in a report on Wednesday, September 17th. Five analysts have rated the stock with a Strong Buy rating, forty have assigned a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, NVIDIA presently has an average rating of “Buy” and a consensus price target of $222.23.
Check Out Our Latest Analysis on NVIDIA
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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