Friedenthal Financial Acquires 140 Shares of NVIDIA Corporation $NVDA

Friedenthal Financial lifted its stake in NVIDIA Corporation (NASDAQ:NVDAFree Report) by 6.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,169 shares of the computer hardware maker’s stock after buying an additional 140 shares during the period. Friedenthal Financial’s holdings in NVIDIA were worth $343,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Legend Financial Advisors Inc. bought a new stake in NVIDIA during the 2nd quarter valued at $55,000. Kathleen S. Wright Associates Inc. boosted its holdings in shares of NVIDIA by 169.3% during the first quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker’s stock worth $44,000 after purchasing an additional 254 shares during the period. Westend Capital Management LLC increased its holdings in NVIDIA by 46.8% during the 2nd quarter. Westend Capital Management LLC now owns 455 shares of the computer hardware maker’s stock valued at $72,000 after purchasing an additional 145 shares during the period. Barnes Dennig Private Wealth Management LLC bought a new position in NVIDIA during the 1st quarter valued at approximately $51,000. Finally, Campbell Capital Management Inc. grew its position in shares of NVIDIA by 5,900.0% in the 1st quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker’s stock worth $65,000 after buying an additional 590 shares during the last quarter. Institutional investors own 65.27% of the company’s stock.

Insider Buying and Selling

In other NVIDIA news, CEO Jen Hsun Huang sold 75,000 shares of the stock in a transaction that occurred on Wednesday, October 22nd. The shares were sold at an average price of $179.91, for a total value of $13,493,250.00. Following the transaction, the chief executive officer directly 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Colette Kress sold 27,640 shares of the company’s stock in a transaction on Tuesday, October 21st. The stock was sold at an average price of $181.42, for a total value of $5,014,448.80. Following the completion of the sale, the chief financial officer owned 2,855,762 shares of the company’s stock, valued at $518,092,342.04. This trade represents a 0.96% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 3,726,577 shares of company stock valued at $665,502,375. 4.17% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several research firms recently weighed in on NVDA. Benchmark lifted their price target on shares of NVIDIA from $190.00 to $220.00 and gave the company a “buy” rating in a report on Thursday, August 28th. BNP Paribas raised shares of NVIDIA to a “hold” rating in a research report on Friday, August 1st. Mizuho upped their price objective on shares of NVIDIA from $205.00 to $225.00 and gave the stock an “outperform” rating in a report on Monday, October 13th. Hsbc Global Res upgraded shares of NVIDIA from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 15th. Finally, HSBC set a $320.00 price objective on NVIDIA and gave the company a “buy” rating in a research note on Wednesday, October 15th. Five equities research analysts have rated the stock with a Strong Buy rating, forty have given a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $222.23.

Read Our Latest Stock Report on NVDA

NVIDIA Stock Performance

Shares of NASDAQ NVDA opened at $186.26 on Monday. The firm’s 50-day moving average price is $179.46 and its 200-day moving average price is $156.52. NVIDIA Corporation has a 52-week low of $86.62 and a 52-week high of $195.62. The company has a market cap of $4.53 trillion, a PE ratio of 53.07, a PEG ratio of 1.34 and a beta of 2.12. 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:NVDAGet Free Report) last issued its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share for the quarter, beating analysts’ consensus estimates 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 quarter in the prior year, the firm earned $0.68 earnings per share. The firm’s revenue for the quarter was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. As a group, analysts anticipate that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Announces Dividend

The firm also recently disclosed 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 of this dividend was Thursday, September 11th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.0%. NVIDIA’s dividend payout ratio (DPR) is presently 1.14%.

About NVIDIA

(Free Report)

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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Institutional Ownership by Quarter for NVIDIA (NASDAQ:NVDA)

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