Wise Wealth Partners Has $856,000 Stock Holdings in NVIDIA Corporation $NVDA

Wise Wealth Partners raised its holdings in NVIDIA Corporation (NASDAQ:NVDA) by 25.4% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 5,418 shares of the computer hardware maker’s stock after purchasing an additional 1,099 shares during the quarter. NVIDIA accounts for approximately 1.4% of Wise Wealth Partners’ investment portfolio, making the stock its 16th biggest position. Wise Wealth Partners’ holdings in NVIDIA were worth $856,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of NVDA. Kathleen S. Wright Associates Inc. lifted its holdings 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 worth $44,000 after acquiring an additional 254 shares during the last quarter. Barnes Dennig Private Wealth Management LLC bought a new position in shares of NVIDIA in the first quarter worth about $51,000. Legend Financial Advisors Inc. bought a new position in shares of NVIDIA in the second quarter worth about $55,000. Campbell Capital Management Inc. lifted its holdings 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 worth $65,000 after acquiring an additional 590 shares during the last quarter. Finally, Luken Investment Analytics LLC boosted its holdings in shares of NVIDIA by 107.0% during the 1st 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 in the last quarter. Institutional investors and hedge funds own 65.27% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently weighed in on NVDA. Benchmark raised their price objective on NVIDIA from $190.00 to $220.00 and gave the company a “buy” rating in a report on Thursday, August 28th. The Goldman Sachs Group set a $210.00 price objective on NVIDIA and gave the company a “buy” rating in a report on Monday, October 6th. Oppenheimer reissued an “outperform” rating and set a $225.00 price objective (up previously from $200.00) on shares of NVIDIA in a report on Thursday, August 28th. Arete raised their price objective on NVIDIA from $235.00 to $244.00 and gave the company a “buy” rating in a report on Tuesday, October 14th. Finally, Sanford C. Bernstein reissued a “buy” rating on shares of NVIDIA in a report on Tuesday, September 23rd. Five research 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 given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $222.23.

NVIDIA Stock Performance

NASDAQ:NVDA opened at $186.26 on Monday. The company has a market capitalization of $4.53 trillion, a PE ratio of 53.07, a P/E/G ratio of 1.34 and a beta of 2.12. The company has a 50 day simple moving average of $179.46 and a two-hundred day simple moving average of $156.52. 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 fifty-two week low of $86.62 and a fifty-two week high of $195.62.

NVIDIA (NASDAQ:NVDA) last released its earnings results 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. The business had revenue of $46.74 billion during the quarter, compared to the consensus estimate of $45.65 billion. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The company’s revenue for the quarter was up 55.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. Research analysts anticipate that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Announces Dividend

The firm 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 dividend on an annualized basis and a dividend yield of 0.0%. The ex-dividend date of this dividend was Thursday, September 11th. NVIDIA’s payout ratio is currently 1.14%.

Insider Activity

In other news, CEO Jen Hsun Huang sold 75,000 shares of the business’s stock in a transaction dated 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 directly owned 72,773,366 shares of the company’s stock, valued at $12,696,041,432.36. The trade was a 0.10% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Harvey C. Jones sold 250,000 shares of the business’s stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $176.21, for a total value of $44,052,500.00. Following the completion of the transaction, the director directly owned 7,183,280 shares in the company, valued at $1,265,765,768.80. This represents a 3.36% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 3,726,577 shares of company stock valued at $665,502,375 in the last ninety days. 4.17% of the stock is owned by company insiders.

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.