NVIDIA Corporation $NVDA Shares Bought by Nelson Capital Management LLC

Nelson Capital Management LLC lifted its stake in shares of NVIDIA Corporation (NASDAQ:NVDA) by 57.1% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,617,833 shares of the computer hardware maker’s stock after purchasing an additional 588,274 shares during the quarter. NVIDIA comprises about 33.8% of Nelson Capital Management LLC’s investment portfolio, making the stock its largest holding. Nelson Capital Management LLC’s holdings in NVIDIA were worth $255,601,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Legend Financial Advisors Inc. bought a new stake in shares of NVIDIA during the second quarter valued at about $55,000. Kathleen S. Wright Associates Inc. raised its stake in shares of 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 purchasing an additional 254 shares in the last quarter. Westend Capital Management LLC raised its stake in shares of 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 purchasing an additional 145 shares in the last quarter. Barnes Dennig Private Wealth Management LLC bought a new stake in shares of NVIDIA during the first quarter valued at about $51,000. Finally, Campbell Capital Management Inc. raised its stake in shares of 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 purchasing an additional 590 shares in the last quarter. 65.27% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on NVDA shares. Needham & Company LLC restated a “buy” rating and set a $200.00 price objective on shares of NVIDIA in a research note on Thursday, August 28th. Benchmark boosted their price target on shares of NVIDIA from $190.00 to $220.00 and gave the stock a “buy” rating in a research report on Thursday, August 28th. Wolfe Research set a $230.00 price target on shares of NVIDIA and gave the stock an “outperform” rating in a research report on Tuesday. S&P Equity Research reiterated a “positive” rating on shares of NVIDIA in a research report on Wednesday, October 22nd. Finally, KeyCorp reiterated an “overweight” rating and issued a $250.00 price target (up from $230.00) on shares of NVIDIA in a research report on Tuesday, September 30th. Five investment 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 issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Buy” and an average target price of $222.23.

Insider Buying and Selling at NVIDIA

In related news, Director Mark A. Stevens sold 350,000 shares of the business’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 value of $61,736,500.00. Following the completion of the sale, the director owned 7,399,803 shares of the company’s stock, valued at approximately $1,305,251,251.17. The trade was a 4.52% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Harvey C. Jones sold 250,000 shares of the business’s stock in a transaction that occurred on 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 sale, the director directly owned 7,183,280 shares of the company’s stock, valued at approximately $1,265,765,768.80. The trade was a 3.36% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 3,751,577 shares of company stock valued at $670,766,375 in the last 90 days. 4.17% of the stock is currently owned by corporate insiders.

NVIDIA Trading Up 5.0%

NASDAQ:NVDA opened at $201.03 on Wednesday. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.21 and a quick ratio of 3.60. NVIDIA Corporation has a fifty-two week low of $86.62 and a fifty-two week high of $203.15. The stock’s 50-day moving average is $180.16 and its two-hundred day moving average is $157.72. The stock 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.

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 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 company had revenue of $46.74 billion for the quarter, compared to analysts’ expectations of $45.65 billion. During the same quarter in the previous year, the business posted $0.68 EPS. The business’s revenue for the quarter was up 55.6% on a year-over-year basis. 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 fiscal year.

NVIDIA Dividend Announcement

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

NVIDIA 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.