NVIDIA Corporation $NVDA Shares Purchased by Tandem Capital Management Corp ADV

Tandem Capital Management Corp ADV grew its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA) by 6.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 8,280 shares of the computer hardware maker’s stock after purchasing an additional 470 shares during the quarter. Tandem Capital Management Corp ADV’s holdings in NVIDIA were worth $1,308,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Kingstone Capital Partners Texas LLC boosted its position in shares of NVIDIA by 267,959.7% during the 2nd 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 acquiring an additional 382,231,120 shares during the last quarter. Nuveen LLC purchased a new stake in NVIDIA in the 1st quarter valued at about $15,089,414,000. Goldman Sachs Group Inc. raised its holdings in NVIDIA by 123.5% in the 1st 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 buying an additional 103,889,872 shares during the period. Amundi raised its holdings in NVIDIA by 16.0% in the 1st quarter. Amundi now owns 135,770,043 shares of the computer hardware maker’s stock valued at $13,826,199,000 after buying an additional 18,733,431 shares during the period. Finally, Strs Ohio purchased a new stake in NVIDIA in the 1st quarter valued at about $1,163,288,000. Institutional investors and hedge funds own 65.27% of the company’s stock.

Insiders Place Their Bets

In related news, Director Mark A. Stevens sold 350,000 shares of the company’s stock in a transaction on Friday, September 19th. The stock was sold at an average price of $176.39, for a total transaction of $61,736,500.00. Following the transaction, the director directly 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Harvey C. Jones sold 250,000 shares of the company’s stock in a transaction dated 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 directly owned 7,183,280 shares in the company, valued at approximately $1,265,765,768.80. The trade was a 3.36% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 3,751,577 shares of company stock worth $670,766,375. 4.17% of the stock is owned by company insiders.

NVIDIA Stock Up 3.0%

NVDA opened at $207.04 on Thursday. The business’s fifty day simple moving average is $180.79 and its 200 day simple moving average is $158.39. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08. NVIDIA Corporation has a 52 week low of $86.62 and a 52 week high of $212.19. 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 released its quarterly earnings data 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. The business 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 company’s revenue was up 55.6% compared to the same quarter last year. During the same period in the previous year, the company posted $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. As a group, equities research analysts anticipate that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 2nd. Shareholders of record on Thursday, September 11th were given a dividend of $0.01 per share. 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 payout ratio is 1.14%.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on NVDA shares. Arete boosted 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. Cantor Fitzgerald reiterated an “overweight” rating and set a $300.00 price target on shares of NVIDIA in a research note on Wednesday. Wedbush reiterated an “outperform” rating and set a $210.00 price target on shares of NVIDIA in a research note on Thursday, August 28th. Wells Fargo & Company upped their target price on shares of NVIDIA from $185.00 to $220.00 and gave the stock an “overweight” rating in a research note on Monday, August 11th. Finally, Truist Financial upped their target price on shares of NVIDIA from $210.00 to $228.00 and gave the stock a “buy” rating in a research note on Thursday, August 28th. Five equities research analysts have rated the stock with a Strong Buy rating, forty have issued a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of $227.26.

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.