Coordinated Financial Services Inc. Takes $1.98 Million Position in NVIDIA Corporation $NVDA

Coordinated Financial Services Inc. acquired a new stake in shares of NVIDIA Corporation (NASDAQ:NVDA) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 12,557 shares of the computer hardware maker’s stock, valued at approximately $1,984,000. NVIDIA accounts for 1.4% of Coordinated Financial Services Inc.’s investment portfolio, making the stock its 14th largest position.

Several other institutional investors and hedge funds have also recently bought and sold shares of NVDA. Kathleen S. Wright Associates Inc. increased its stake in NVIDIA by 169.3% in the first quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker’s stock valued at $44,000 after acquiring an additional 254 shares during the period. Barnes Dennig Private Wealth Management LLC bought a new stake in shares of NVIDIA in the 1st quarter valued at approximately $51,000. Legend Financial Advisors Inc. bought a new stake in shares of NVIDIA in the 2nd quarter valued at approximately $55,000. Campbell Capital Management Inc. grew its position in NVIDIA by 5,900.0% in the first quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker’s stock valued at $65,000 after acquiring an additional 590 shares during the period. Finally, Luken Investment Analytics LLC grew its position in NVIDIA by 107.0% in the first quarter. Luken Investment Analytics LLC now owns 621 shares of the computer hardware maker’s stock valued at $67,000 after acquiring an additional 321 shares during the period. Institutional investors own 65.27% of the company’s stock.

NVIDIA Price Performance

NVIDIA stock opened at $202.76 on Friday. The stock has a market cap of $4.93 trillion, a price-to-earnings ratio of 57.77, a P/E/G ratio of 1.49 and a beta of 2.12. 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 12-month low of $86.62 and a 12-month high of $212.19. The business’s 50-day simple moving average is $181.35 and its 200 day simple moving average is $158.70.

NVIDIA (NASDAQ:NVDA) last announced its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.01 by $0.04. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The firm had revenue of $46.74 billion for the quarter, compared to analysts’ expectations of $45.65 billion. During the same period last year, the firm earned $0.68 earnings per share. 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, research analysts anticipate that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the company. JPMorgan Chase & Co. reiterated a “buy” rating and issued a $215.00 price target on shares of NVIDIA in a research report on Friday, September 19th. UBS Group set a $235.00 target price on shares of NVIDIA and gave the stock a “buy” rating in a report on Wednesday. Bank of America upped their price objective on shares of NVIDIA from $235.00 to $275.00 and gave the stock a “buy” rating in a research note on Wednesday. Seaport Global Securities reaffirmed a “sell” rating on shares of NVIDIA in a research note on Wednesday. Finally, TD Cowen increased their price target on NVIDIA from $140.00 to $235.00 and gave the stock a “buy” rating in a research report on Tuesday, August 19th. Five research analysts have rated the stock with a Strong Buy rating, forty-one have issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, NVIDIA currently has a consensus rating of “Buy” and an average price target of $229.38.

Insiders Place Their Bets

In other NVIDIA news, Director Harvey C. Jones sold 250,000 shares of the firm’s stock in a transaction dated Thursday, September 18th. The stock was sold at an average price of $176.21, for a total transaction of $44,052,500.00. Following the transaction, the director owned 7,183,280 shares in the company, valued at approximately $1,265,765,768.80. This trade represents a 3.36% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Mark A. Stevens sold 350,000 shares of the firm’s stock in a transaction dated 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 transaction, the director owned 7,399,803 shares in the company, valued at approximately $1,305,251,251.17. This trade represents a 4.52% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 3,676,577 shares of company stock worth $657,716,375. Insiders own 4.17% of the company’s stock.

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.