NVIDIA Corporation $NVDA Shares Acquired by Castle Rock Wealth Management LLC

Castle Rock Wealth Management LLC grew its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA) by 3.6% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 112,830 shares of the computer hardware maker’s stock after purchasing an additional 3,934 shares during the period. NVIDIA makes up 4.6% of Castle Rock Wealth Management LLC’s portfolio, making the stock its biggest holding. Castle Rock Wealth Management LLC’s holdings in NVIDIA were worth $19,482,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. Legend Financial Advisors Inc. purchased a new stake in NVIDIA during the second quarter valued at about $55,000. Kathleen S. Wright Associates Inc. lifted its stake in NVIDIA by 169.3% during the first quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker’s stock valued at $44,000 after buying an additional 254 shares in the last quarter. Westend Capital Management LLC lifted its stake in NVIDIA by 46.8% during the second quarter. Westend Capital Management LLC now owns 455 shares of the computer hardware maker’s stock valued at $72,000 after buying an additional 145 shares in the last quarter. Barnes Dennig Private Wealth Management LLC purchased a new stake in NVIDIA during the first quarter valued at about $51,000. Finally, Campbell Capital Management Inc. lifted its stake in NVIDIA by 5,900.0% during the first quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker’s stock valued at $65,000 after buying an additional 590 shares in the last quarter. 65.27% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. Truist Financial upped their target price on NVIDIA from $210.00 to $228.00 and gave the company a “buy” rating in a report on Thursday, August 28th. Barclays restated an “overweight” rating and issued a $240.00 price objective (up previously from $200.00) on shares of NVIDIA in a report on Monday, September 22nd. Wedbush reaffirmed an “outperform” rating and set a $210.00 target price on shares of NVIDIA in a research report on Thursday, August 28th. Oppenheimer reaffirmed an “outperform” rating and set a $225.00 target price (up previously from $200.00) on shares of NVIDIA in a research report on Thursday, August 28th. Finally, Robert W. Baird increased their price objective on NVIDIA from $195.00 to $225.00 and gave the company an “outperform” rating in a research report on Monday, August 25th. Five equities research analysts have rated the stock with a Strong Buy rating, forty have assigned a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $222.23.

Insider Transactions at NVIDIA

In related news, CEO Jen Hsun Huang sold 25,000 shares of NVIDIA stock in a transaction dated Monday, October 27th. The stock was sold at an average price of $190.73, for a total value of $4,768,250.00. Following the completion of the sale, the chief executive officer directly owned 69,783,203 shares in the company, valued at $13,309,750,308.19. This trade represents a 0.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Colette Kress sold 27,640 shares of the business’s stock in a transaction dated 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 transaction, the chief financial officer owned 2,855,762 shares of the company’s stock, valued at $518,092,342.04. The trade was a 0.96% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 3,751,577 shares of company stock valued at $670,766,375. Corporate insiders own 4.17% of the company’s stock.

NVIDIA Stock Performance

Shares of NASDAQ:NVDA opened at $201.03 on Wednesday. NVIDIA Corporation has a twelve month low of $86.62 and a twelve month high of $203.15. The firm has a market cap of $4.89 trillion, a PE ratio of 57.27, a price-to-earnings-growth ratio of 1.38 and a beta of 2.12. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.60 and a current ratio of 4.21. The business has a fifty day moving average of $180.16 and a 200-day moving average of $157.72.

NVIDIA (NASDAQ:NVDA) last announced 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. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The company had revenue of $46.74 billion during the quarter, compared to analyst estimates of $45.65 billion. During the same period last year, the company posted $0.68 earnings per share. The firm’s quarterly 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 fiscal year.

NVIDIA Announces Dividend

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

NVIDIA Company Profile

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.