WestEnd Advisors LLC Acquires 204,134 Shares of NVIDIA Corporation $NVDA

WestEnd Advisors LLC boosted its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA) by 130.3% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 360,829 shares of the computer hardware maker’s stock after buying an additional 204,134 shares during the period. NVIDIA makes up about 1.4% of WestEnd Advisors LLC’s holdings, making the stock its 15th largest holding. WestEnd Advisors LLC’s holdings in NVIDIA were worth $57,008,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Brighton Jones LLC raised its position in NVIDIA by 12.4% during the fourth quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker’s stock valued at $43,631,000 after purchasing an additional 35,815 shares in the last quarter. Bank Pictet & Cie Europe AG lifted its position in NVIDIA by 1.0% in the 4th quarter. Bank Pictet & Cie Europe AG now owns 2,346,417 shares of the computer hardware maker’s stock worth $315,100,000 after buying an additional 22,929 shares during the last quarter. Highview Capital Management LLC DE lifted its position in NVIDIA by 6.7% in the 4th quarter. Highview Capital Management LLC DE now owns 58,396 shares of the computer hardware maker’s stock worth $7,842,000 after buying an additional 3,653 shares during the last quarter. Hudson Value Partners LLC lifted its position in NVIDIA by 30.7% in the 4th quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker’s stock worth $6,805,000 after buying an additional 11,900 shares during the last quarter. Finally, Wealth Group Ltd. lifted its position in NVIDIA by 15.7% in the 1st quarter. Wealth Group Ltd. now owns 6,598 shares of the computer hardware maker’s stock worth $715,000 after buying an additional 896 shares during the last quarter. Institutional investors own 65.27% of the company’s stock.

Insiders Place Their Bets

In other NVIDIA news, Director Mark A. Stevens sold 350,000 shares of the company’s stock in a transaction that occurred 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 transaction, the director owned 7,399,803 shares in the company, valued at approximately $1,305,251,251.17. This represents a 4.52% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Jen Hsun Huang sold 75,000 shares of the company’s stock in a transaction that occurred on Friday, August 29th. The stock was sold at an average price of $174.46, for a total value of $13,084,500.00. Following the transaction, the chief executive officer owned 72,773,366 shares in the company, valued at $12,696,041,432.36. This trade represents a 0.10% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 3,726,577 shares of company stock worth $665,502,375. Company insiders own 4.17% of the company’s stock.

NVIDIA Price Performance

NVDA opened at $186.26 on Monday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.60 and a current ratio of 4.21. NVIDIA Corporation has a 52-week low of $86.62 and a 52-week high of $195.62. The stock has a market capitalization 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. The stock’s 50 day moving average price is $179.46 and its 200-day moving average price is $156.52.

NVIDIA (NASDAQ:NVDA) last posted its earnings results 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. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The firm had revenue of $46.74 billion for the quarter, compared to analysts’ expectations of $45.65 billion. During the same period in the previous year, the firm earned $0.68 earnings per share. The business’s revenue was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. On average, equities research analysts predict that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, October 2nd. Shareholders of record on Thursday, September 11th were issued a dividend of $0.01 per share. The ex-dividend date 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 is 1.14%.

Analyst Ratings Changes

NVDA has been the subject of a number of recent research reports. HSBC set a $320.00 target price on NVIDIA and gave the stock a “buy” rating in a research report on Wednesday, October 15th. Needham & Company LLC restated a “buy” rating and issued a $200.00 target price on shares of NVIDIA in a research report on Thursday, August 28th. Daiwa Capital Markets lifted their price objective on NVIDIA from $165.00 to $205.00 and gave the stock an “outperform” rating in a report on Wednesday, September 17th. Piper Sandler set a $225.00 price objective on NVIDIA and gave the stock an “overweight” rating in a report on Wednesday, August 13th. Finally, DA Davidson upgraded NVIDIA from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $195.00 to $210.00 in a report on Thursday, September 11th. Five investment analysts have rated the stock with a Strong Buy rating, forty have issued a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $222.23.

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.