Asset Planning Corporation Purchases 95 Shares of NVIDIA Corporation $NVDA

Asset Planning Corporation grew its holdings in NVIDIA Corporation (NASDAQ:NVDA) by 3.1% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,203 shares of the computer hardware maker’s stock after acquiring an additional 95 shares during the period. NVIDIA accounts for 0.3% of Asset Planning Corporation’s portfolio, making the stock its 27th largest holding. Asset Planning Corporation’s holdings in NVIDIA were worth $506,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Astoria Portfolio Advisors LLC. raised its position in NVIDIA by 0.9% in the first quarter. Astoria Portfolio Advisors LLC. now owns 93,568 shares of the computer hardware maker’s stock worth $9,610,000 after acquiring an additional 864 shares during the period. Centerpoint Advisory Group raised its position in NVIDIA by 2.5% in the first quarter. Centerpoint Advisory Group now owns 39,398 shares of the computer hardware maker’s stock worth $4,270,000 after acquiring an additional 943 shares during the period. GSB Wealth Management LLC raised its position in NVIDIA by 3.3% in the first quarter. GSB Wealth Management LLC now owns 32,611 shares of the computer hardware maker’s stock worth $3,534,000 after acquiring an additional 1,043 shares during the period. Variant Private Wealth LLC raised its position in NVIDIA by 20.6% in the first quarter. Variant Private Wealth LLC now owns 18,800 shares of the computer hardware maker’s stock worth $2,038,000 after acquiring an additional 3,206 shares during the period. Finally, Financial Perspectives Inc raised its position in NVIDIA by 2.8% in the first quarter. Financial Perspectives Inc now owns 45,958 shares of the computer hardware maker’s stock worth $4,981,000 after acquiring an additional 1,265 shares during the period. 65.27% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several brokerages have recently commented on NVDA. New Street Research raised their price objective on shares of NVIDIA from $200.00 to $235.00 and gave the company a “buy” rating in a research report on Friday, September 12th. Bank of America raised their price objective on shares of NVIDIA from $220.00 to $235.00 and gave the company a “buy” rating in a research report on Thursday, August 28th. Benchmark raised their price objective on shares of NVIDIA from $190.00 to $220.00 and gave the company a “buy” rating in a research report on Thursday, August 28th. TD Cowen increased their target price on NVIDIA from $140.00 to $235.00 and gave the stock a “buy” rating in a research report on Tuesday, August 19th. Finally, Barclays reiterated an “overweight” rating and set a $240.00 target price (up previously from $200.00) on shares of NVIDIA in a research report on Monday, September 22nd. Five analysts have rated the stock with a Strong Buy rating, forty have given a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of $222.23.

Insider Activity at NVIDIA

In related news, CFO Colette Kress sold 27,640 shares of the company’s stock in a transaction dated Tuesday, October 21st. The shares were sold at an average price of $181.42, for a total transaction of $5,014,448.80. Following the transaction, the chief financial officer directly 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 sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Jen Hsun Huang sold 75,000 shares of the company’s stock in a transaction dated 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 transaction, the chief executive officer owned 69,958,203 shares in the company, valued at $12,586,180,301.73. The trade was a 0.11% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 3,726,577 shares of company stock valued at $665,502,375 over the last ninety days. Corporate insiders own 4.17% of the company’s stock.

NVIDIA Stock Performance

NVIDIA stock opened at $186.26 on Monday. The company has a market cap of $4.53 trillion, a PE ratio of 53.07, a price-to-earnings-growth ratio of 1.34 and a beta of 2.12. NVIDIA Corporation has a twelve month low of $86.62 and a twelve month high of $195.62. The company’s 50-day moving average price is $179.46 and its 200-day moving average price is $156.52. 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 (NASDAQ:NVDA) last posted its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.01 by $0.04. The business had revenue of $46.74 billion during the quarter, compared to analyst estimates of $45.65 billion. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The company’s revenue for the quarter was up 55.6% on a year-over-year basis. During the same period last year, the company earned $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. On average, equities research analysts forecast that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th were paid a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. The ex-dividend date of this dividend was Thursday, September 11th. NVIDIA’s dividend payout ratio (DPR) is presently 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.