Roberts Wealth Advisors LLC increased its position in NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 1.0% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 13,451 shares of the computer hardware maker’s stock after acquiring an additional 130 shares during the quarter. Roberts Wealth Advisors LLC’s holdings in NVIDIA were worth $2,125,000 at the end of the most recent quarter.
Other large investors also recently modified their holdings of the company. Kathleen S. Wright Associates Inc. boosted its position in shares of NVIDIA by 169.3% in the first quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker’s stock valued at $44,000 after acquiring an additional 254 shares during the period. Barnes Dennig Private Wealth Management LLC bought a new position in shares of NVIDIA in the first quarter valued at approximately $51,000. Legend Financial Advisors Inc. bought a new position in shares of NVIDIA in the second quarter valued at approximately $55,000. Campbell Capital Management Inc. boosted its position in shares of NVIDIA by 5,900.0% in the first quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker’s stock valued at $65,000 after acquiring an additional 590 shares during the period. Finally, Luken Investment Analytics LLC boosted its position in shares of NVIDIA by 107.0% in the first quarter. Luken Investment Analytics LLC now owns 621 shares of the computer hardware maker’s stock valued at $67,000 after acquiring an additional 321 shares during the period. 65.27% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently commented on NVDA shares. Truist Financial raised their price objective on shares of NVIDIA from $210.00 to $228.00 and gave the company a “buy” rating in a research report on Thursday, August 28th. Rosenblatt Securities reiterated a “buy” rating and set a $215.00 target price on shares of NVIDIA in a research report on Tuesday, September 23rd. BNP Paribas upgraded shares of NVIDIA to a “hold” rating in a research report on Friday, August 1st. KeyCorp reiterated an “overweight” rating and set a $250.00 target price (up from $230.00) on shares of NVIDIA in a research report on Tuesday, September 30th. Finally, Robert W. Baird lifted their target price on shares of NVIDIA from $195.00 to $225.00 and gave the company an “outperform” rating in a research report on Monday, August 25th. Five investment analysts have rated the stock with a Strong Buy rating, forty have assigned a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $222.23.
Insider Buying and Selling at NVIDIA
In related news, CFO Colette Kress sold 27,640 shares of NVIDIA stock in a transaction 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 sale, the chief financial officer owned 2,855,762 shares in the company, valued at $518,092,342.04. The trade was a 0.96% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Jen Hsun Huang sold 75,000 shares of NVIDIA stock in a transaction on Wednesday, October 22nd. The shares were sold at an average price of $179.91, for a total transaction of $13,493,250.00. Following the completion of the sale, the chief executive officer owned 69,958,203 shares in the company, 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. In the last quarter, insiders sold 3,801,577 shares of company stock worth $678,643,875. 4.17% of the stock is currently owned by company insiders.
NVIDIA Stock Up 2.3%
Shares of NASDAQ NVDA opened at $186.26 on Friday. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08. NVIDIA Corporation has a 52 week low of $86.62 and a 52 week high of $195.62. The firm’s fifty day moving average is $179.46 and its 200 day moving average is $156.23. The company has a market cap of $4.53 trillion, a price-to-earnings ratio of 53.07, a PEG ratio of 1.34 and a beta of 2.12.
NVIDIA (NASDAQ:NVDA – Get Free Report) last issued 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 net margin of 52.41% and a return on equity of 101.74%. The company had revenue of $46.74 billion for the quarter, compared to the consensus estimate of $45.65 billion. During the same period in the previous year, the firm earned $0.68 earnings per share. The firm’s revenue for the quarter was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. On average, equities research analysts expect that NVIDIA Corporation will post 2.77 earnings per share for the current year.
NVIDIA Announces Dividend
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 $0.01 dividend. The ex-dividend date was Thursday, September 11th. This represents a $0.04 annualized dividend and a yield of 0.0%. NVIDIA’s payout ratio is 1.14%.
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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