Leo Wealth LLC Purchases 36,057 Shares of NVIDIA Corporation $NVDA

Leo Wealth LLC boosted its stake in shares of NVIDIA Corporation (NASDAQ:NVDA) by 96.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 73,404 shares of the computer hardware maker’s stock after purchasing an additional 36,057 shares during the quarter. NVIDIA comprises 0.9% of Leo Wealth LLC’s holdings, making the stock its 24th largest holding. Leo Wealth LLC’s holdings in NVIDIA were worth $11,581,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in NVDA. Kingstone Capital Partners Texas LLC boosted its position in NVIDIA by 267,959.7% during the second quarter. Kingstone Capital Partners Texas LLC now owns 382,373,765 shares of the computer hardware maker’s stock valued at $64,976,521,000 after purchasing an additional 382,231,120 shares in the last quarter. Nuveen LLC bought a new stake in NVIDIA during the first quarter valued at about $15,089,414,000. Goldman Sachs Group Inc. boosted its position in NVIDIA by 123.5% during the first quarter. Goldman Sachs Group Inc. now owns 187,995,213 shares of the computer hardware maker’s stock valued at $20,374,921,000 after purchasing an additional 103,889,872 shares in the last quarter. Amundi boosted its position in NVIDIA by 16.0% during the first quarter. Amundi now owns 135,770,043 shares of the computer hardware maker’s stock valued at $13,826,199,000 after purchasing an additional 18,733,431 shares in the last quarter. Finally, Strs Ohio bought a new stake in NVIDIA during the first quarter valued at about $1,163,288,000. Institutional investors own 65.27% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the company. Sanford C. Bernstein reissued a “buy” rating on shares of NVIDIA in a report on Tuesday, September 23rd. The Goldman Sachs Group set a $210.00 price target on NVIDIA and gave the stock a “buy” rating in a report on Monday, October 6th. BNP Paribas raised NVIDIA to a “hold” rating in a report on Friday, August 1st. HSBC set a $320.00 price target on NVIDIA and gave the stock a “buy” rating in a report on Wednesday, October 15th. Finally, Wells Fargo & Company raised their price target on NVIDIA from $185.00 to $220.00 and gave the stock an “overweight” rating in a report on Monday, August 11th. Five investment analysts have rated the stock with a Strong Buy rating, forty have given a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $227.26.

Insiders Place Their Bets

In other NVIDIA news, CEO Jen Hsun Huang sold 75,000 shares of the business’s stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $169.65, for a total transaction of $12,723,750.00. Following the transaction, the chief executive officer owned 72,698,366 shares of the company’s stock, valued at approximately $12,333,277,791.90. The trade was a 0.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Harvey C. Jones sold 250,000 shares of NVIDIA stock in a transaction 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 owned 7,183,280 shares in the company, valued at $1,265,765,768.80. This represents a 3.36% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 3,751,577 shares of company stock valued at $670,766,375. Insiders own 4.17% of the company’s stock.

NVIDIA Stock Up 3.0%

Shares of NVDA opened at $207.04 on Thursday. The company has a current ratio of 4.21, a quick ratio of 3.60 and a debt-to-equity ratio of 0.08. NVIDIA Corporation has a 12 month low of $86.62 and a 12 month high of $212.19. The stock’s 50 day moving average is $180.79 and its two-hundred day moving average is $158.39. The firm has a market cap of $5.03 trillion, a P/E ratio of 58.99, a PEG ratio of 1.45 and a beta of 2.12.

NVIDIA (NASDAQ:NVDA) last issued its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.01 by $0.04. The firm had revenue of $46.74 billion for the quarter, compared to analyst estimates of $45.65 billion. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The business’s revenue was up 55.6% on a year-over-year basis. During the same period in the previous year, the company posted $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. Analysts predict that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

The business also recently disclosed 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. 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 payout ratio is 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.