Duncan Williams Asset Management LLC increased its stake in shares of NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 15.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,793 shares of the computer hardware maker’s stock after acquiring an additional 1,404 shares during the period. Duncan Williams Asset Management LLC’s holdings in NVIDIA were worth $1,705,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Pachira Investments Inc. lifted its position in NVIDIA by 1.0% during the second quarter. Pachira Investments Inc. now owns 6,450 shares of the computer hardware maker’s stock worth $1,019,000 after buying an additional 63 shares in the last quarter. Warner Financial Inc. increased its stake in NVIDIA by 2.3% during the second quarter. Warner Financial Inc. now owns 2,911 shares of the computer hardware maker’s stock worth $460,000 after acquiring an additional 66 shares during the last quarter. HFG Wealth Management LLC increased its stake in NVIDIA by 3.4% during the second quarter. HFG Wealth Management LLC now owns 2,075 shares of the computer hardware maker’s stock worth $328,000 after acquiring an additional 68 shares during the last quarter. Hidden Cove Wealth Management LLC increased its stake in NVIDIA by 0.3% during the second quarter. Hidden Cove Wealth Management LLC now owns 23,778 shares of the computer hardware maker’s stock worth $3,757,000 after acquiring an additional 69 shares during the last quarter. Finally, Summit Financial Strategies Inc. increased its stake in NVIDIA by 0.6% during the second quarter. Summit Financial Strategies Inc. now owns 11,637 shares of the computer hardware maker’s stock worth $1,839,000 after acquiring an additional 69 shares during the last quarter. 65.27% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several equities research analysts have issued reports on NVDA shares. Piper Sandler set a $225.00 target price on NVIDIA and gave the stock an “overweight” rating in a research note on Wednesday, August 13th. Wedbush reissued an “outperform” rating and set a $210.00 target price on shares of NVIDIA in a research note on Thursday, August 28th. Sanford C. Bernstein reissued a “buy” rating on shares of NVIDIA in a research note on Tuesday, September 23rd. Needham & Company LLC reissued a “buy” rating and set a $200.00 target price on shares of NVIDIA in a research note on Thursday, August 28th. Finally, Wolfe Research raised their target price on NVIDIA from $220.00 to $230.00 in a research note on Tuesday, September 23rd. Five equities research 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 stock. Based on data from MarketBeat, NVIDIA currently has an average rating of “Buy” and an average price target of $222.23.
NVIDIA Trading Up 2.3%
NVDA opened at $186.26 on Friday. NVIDIA Corporation has a 12 month low of $86.62 and a 12 month high of $195.62. The stock has a market capitalization of $4.53 trillion, a price-to-earnings ratio of 53.07, a PEG ratio of 1.31 and a beta of 2.12. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.21 and a quick ratio of 3.60. The business has a fifty day moving average price of $179.46 and a 200 day moving average price of $155.82.
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, topping the consensus estimate of $1.01 by $0.04. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The firm had revenue of $46.74 billion during the quarter, compared to analysts’ expectations of $45.65 billion. During the same period in the previous year, the firm posted $0.68 EPS. NVIDIA’s revenue for the quarter was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. Sell-side analysts expect that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.
NVIDIA Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, October 2nd. Investors of record on Thursday, September 11th were paid a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a yield of 0.0%. The ex-dividend date of this dividend was Thursday, September 11th. NVIDIA’s payout ratio is presently 1.14%.
Insider Buying and Selling
In related news, Director Mark A. Stevens sold 350,000 shares of the business’s stock in a transaction on Friday, September 19th. The stock was sold at an average price of $176.39, for a total transaction of $61,736,500.00. Following the completion of the transaction, the director directly owned 7,399,803 shares of the company’s stock, valued at $1,305,251,251.17. The trade was a 4.52% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Harvey C. Jones sold 250,000 shares of the business’s stock in a transaction on Thursday, September 18th. The stock was sold at an average price of $176.21, for a total value of $44,052,500.00. Following the transaction, the director directly owned 7,183,280 shares of the company’s stock, valued at $1,265,765,768.80. The trade was a 3.36% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 3,801,577 shares of company stock valued at $678,643,875 in the last three months. 4.17% of the stock is owned by corporate insiders.
NVIDIA 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.
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