Beacon Bridge Wealth Partners LLC Buys 208 Shares of NVIDIA Corporation $NVDA

Beacon Bridge Wealth Partners LLC grew its stake in NVIDIA Corporation (NASDAQ:NVDA) by 3.4% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,402 shares of the computer hardware maker’s stock after purchasing an additional 208 shares during the quarter. Beacon Bridge Wealth Partners LLC’s holdings in NVIDIA were worth $1,011,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. Kingstone Capital Partners Texas LLC raised its position in shares of NVIDIA by 267,959.7% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 382,373,765 shares of the computer hardware maker’s stock worth $64,976,521,000 after acquiring an additional 382,231,120 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in NVIDIA by 2.9% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 206,794,926 shares of the computer hardware maker’s stock worth $22,412,434,000 after purchasing an additional 5,896,735 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in NVIDIA by 123.5% in the first quarter. Goldman Sachs Group Inc. now owns 187,995,213 shares of the computer hardware maker’s stock worth $20,374,921,000 after purchasing an additional 103,889,872 shares in the last quarter. Nuveen LLC bought a new position in NVIDIA in the first quarter worth $15,089,414,000. Finally, Amundi raised its holdings in NVIDIA by 16.0% in the first quarter. Amundi now owns 135,770,043 shares of the computer hardware maker’s stock worth $13,826,199,000 after purchasing an additional 18,733,431 shares in the last quarter. 65.27% of the stock is owned by institutional investors.

NVIDIA Stock Down 2.1%

NVIDIA stock opened at $202.76 on Friday. NVIDIA Corporation has a 12 month low of $86.62 and a 12 month high of $212.19. The stock has a fifty day simple moving average of $181.35 and a two-hundred day simple moving average of $158.70. The firm has a market cap of $4.93 trillion, a price-to-earnings ratio of 57.77, a PEG ratio of 1.49 and a beta of 2.12. 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 (NASDAQ:NVDA) last released its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, topping 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 during the quarter, compared to the consensus estimate of $45.65 billion. During the same period last year, the company earned $0.68 EPS. NVIDIA’s revenue for the quarter was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. Equities analysts predict that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th were paid a $0.01 dividend. The ex-dividend date was Thursday, September 11th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.0%. NVIDIA’s payout ratio is currently 1.14%.

Insider Buying and Selling

In other NVIDIA news, CEO Jen Hsun Huang sold 25,000 shares of NVIDIA stock in a transaction that occurred on Monday, October 27th. The shares were 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 owned 69,783,203 shares of the company’s stock, valued at approximately $13,309,750,308.19. The trade was a 0.04% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Colette Kress sold 27,640 shares of NVIDIA stock in a transaction on 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 completion of the sale, the chief financial officer directly 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 position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 3,676,577 shares of company stock valued at $657,716,375. 4.17% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on NVDA. Needham & Company LLC increased their price target on shares of NVIDIA from $200.00 to $240.00 and gave the stock a “buy” rating in a research note on Wednesday. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $300.00 target price on shares of NVIDIA in a research note on Wednesday. Truist Financial raised their target price on shares of NVIDIA from $210.00 to $228.00 and gave the company a “buy” rating in a research note on Thursday, August 28th. Seaport Global Securities reaffirmed a “sell” rating on shares of NVIDIA in a research report on Wednesday. Finally, DA Davidson set a $250.00 price objective on NVIDIA and gave the company a “buy” rating in a research report on Wednesday. Five investment analysts have rated the stock with a Strong Buy rating, forty-one have given a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $229.38.

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.