NVIDIA Corporation $NVDA is Northern Financial Advisors Inc’s 8th Largest Position

Northern Financial Advisors Inc increased its holdings in NVIDIA Corporation (NASDAQ:NVDA) by 23.6% in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 22,415 shares of the computer hardware maker’s stock after purchasing an additional 4,283 shares during the period. NVIDIA makes up about 2.7% of Northern Financial Advisors Inc’s holdings, making the stock its 8th biggest holding. Northern Financial Advisors Inc’s holdings in NVIDIA were worth $3,541,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the business. Pachira Investments Inc. boosted its position in NVIDIA by 1.0% during the 2nd quarter. Pachira Investments Inc. now owns 6,450 shares of the computer hardware maker’s stock valued at $1,019,000 after buying an additional 63 shares during the period. Warner Financial Inc. boosted its position in NVIDIA by 2.3% during the 2nd quarter. Warner Financial Inc. now owns 2,911 shares of the computer hardware maker’s stock valued at $460,000 after buying an additional 66 shares during the period. HFG Wealth Management LLC boosted its position in NVIDIA by 3.4% during the 2nd quarter. HFG Wealth Management LLC now owns 2,075 shares of the computer hardware maker’s stock valued at $328,000 after buying an additional 68 shares during the period. Hidden Cove Wealth Management LLC boosted its position in NVIDIA by 0.3% during the 2nd quarter. Hidden Cove Wealth Management LLC now owns 23,778 shares of the computer hardware maker’s stock valued at $3,757,000 after buying an additional 69 shares during the period. Finally, Summit Financial Strategies Inc. boosted its position in NVIDIA by 0.6% during the 2nd quarter. Summit Financial Strategies Inc. now owns 11,637 shares of the computer hardware maker’s stock valued at $1,839,000 after buying an additional 69 shares during the period. Hedge funds and other institutional investors own 65.27% of the company’s stock.

Insiders Place Their Bets

In related news, CFO Colette Kress sold 27,640 shares of the company’s stock in a transaction on 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 sale, the chief financial officer owned 2,855,762 shares of the company’s stock, valued at $518,092,342.04. This represents a 0.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Jen Hsun Huang sold 75,000 shares of the business’s 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 transaction, the chief executive officer owned 69,958,203 shares in the company, valued at $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 ninety days, insiders have sold 3,726,577 shares of company stock worth $665,502,375. 4.17% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several research firms have recently commented on NVDA. TD Cowen raised their target price on shares of NVIDIA from $140.00 to $235.00 and gave the stock a “buy” rating in a research report on Tuesday, August 19th. BNP Paribas raised shares of NVIDIA to a “hold” rating in a research report on Friday, August 1st. Weiss Ratings reaffirmed a “buy (b)” rating on shares of NVIDIA in a research report on Wednesday, October 8th. Oppenheimer reaffirmed an “outperform” rating and issued a $225.00 target price (up from $200.00) on shares of NVIDIA in a research report on Thursday, August 28th. Finally, Arete increased their price target on shares of NVIDIA from $235.00 to $244.00 and gave the stock a “buy” rating in a research note on Tuesday, October 14th. Five 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 assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $222.23.

NVIDIA Stock Performance

Shares of NASDAQ NVDA opened at $191.49 on Tuesday. The firm has a 50 day moving average of $179.65 and a 200 day moving average of $157.06. The company has a current ratio of 4.21, a quick ratio of 3.60 and a debt-to-equity ratio of 0.08. The firm has a market capitalization of $4.65 trillion, a price-to-earnings ratio of 54.56, a price-to-earnings-growth ratio of 1.34 and a beta of 2.12. NVIDIA Corporation has a 12-month low of $86.62 and a 12-month high of $195.62.

NVIDIA (NASDAQ:NVDA) last issued its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share for the quarter, beating 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 business had revenue of $46.74 billion for the quarter, compared to the consensus estimate of $45.65 billion. During the same quarter in the previous year, the firm earned $0.68 earnings per share. The company’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, research analysts anticipate that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 2nd. Investors of record on Thursday, September 11th were paid a dividend of $0.01 per share. The ex-dividend date of this dividend was Thursday, September 11th. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. NVIDIA’s dividend payout ratio is presently 1.14%.

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.