Traphagen Investment Advisors LLC Buys 1,361 Shares of NVIDIA Corporation $NVDA

Traphagen Investment Advisors LLC increased its stake in NVIDIA Corporation (NASDAQ:NVDA) by 4.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 33,725 shares of the computer hardware maker’s stock after purchasing an additional 1,361 shares during the period. NVIDIA makes up approximately 0.5% of Traphagen Investment Advisors LLC’s portfolio, making the stock its 23rd biggest holding. Traphagen Investment Advisors LLC’s holdings in NVIDIA were worth $5,328,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of NVDA. Kathleen S. Wright Associates Inc. increased its position 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 purchasing an additional 254 shares during the last quarter. Barnes Dennig Private Wealth Management LLC purchased a new stake in NVIDIA in the first quarter worth approximately $51,000. Legend Financial Advisors Inc. purchased a new stake in NVIDIA in the second quarter worth approximately $55,000. Campbell Capital Management Inc. boosted its stake in 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 buying an additional 590 shares in the last quarter. Finally, Luken Investment Analytics LLC boosted its stake in NVIDIA by 107.0% in the first quarter. Luken Investment Analytics LLC now owns 621 shares of the computer hardware maker’s stock worth $67,000 after buying an additional 321 shares in the last quarter. 65.27% of the stock is currently owned by institutional investors.

NVIDIA Price Performance

Shares of NVIDIA stock opened at $191.49 on Tuesday. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08. The company has a market cap of $4.65 trillion, a PE ratio of 54.56, a P/E/G ratio of 1.34 and a beta of 2.12. The business has a 50 day moving average of $179.65 and a 200 day moving average of $157.06. NVIDIA Corporation has a 52 week low of $86.62 and a 52 week high of $195.62.

NVIDIA (NASDAQ:NVDA) last announced its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, beating analysts’ consensus estimates of $1.01 by $0.04. The company had revenue of $46.74 billion during the quarter, compared to the consensus estimate of $45.65 billion. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The firm’s revenue for the quarter was up 55.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. As a group, equities research analysts forecast that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. Morgan Stanley upped their target price on NVIDIA from $206.00 to $210.00 and gave the stock an “overweight” rating in a research note on Thursday, August 28th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of NVIDIA in a research note on Wednesday, October 8th. TD Cowen increased their price objective on NVIDIA from $140.00 to $235.00 and gave the company a “buy” rating in a research note on Tuesday, August 19th. HSBC set a $320.00 price objective on NVIDIA and gave the company a “buy” rating in a research note on Wednesday, October 15th. Finally, S&P Equity Research reissued a “positive” rating on shares of NVIDIA in a research note on Wednesday, October 22nd. Five equities research analysts have rated the stock with a Strong Buy rating, forty have issued a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $222.23.

Insiders Place Their Bets

In other NVIDIA news, Director Harvey C. Jones sold 250,000 shares of the stock in a transaction on Thursday, September 18th. The stock was 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 owned 7,183,280 shares in the company, valued at approximately $1,265,765,768.80. This represents a 3.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Jen Hsun Huang sold 75,000 shares of the stock in a transaction 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 completion of the transaction, the chief executive officer owned 72,773,366 shares of the company’s stock, valued at approximately $12,696,041,432.36. This trade represents a 0.10% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 3,726,577 shares of company stock worth $665,502,375. 4.17% of the stock is owned by corporate 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.