MFA Wealth Services Increases Holdings in NVIDIA Corporation $NVDA

MFA Wealth Services lifted its position in NVIDIA Corporation (NASDAQ:NVDA) by 2.8% in the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 6,930 shares of the computer hardware maker’s stock after purchasing an additional 189 shares during the period. MFA Wealth Services’ holdings in NVIDIA were worth $1,095,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the company. Legend Financial Advisors Inc. purchased a new stake in NVIDIA in the second quarter worth about $55,000. Kathleen S. Wright Associates Inc. lifted its position in shares of NVIDIA by 169.3% in the 1st quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker’s stock worth $44,000 after purchasing an additional 254 shares during the period. Westend Capital Management LLC lifted its position in shares of NVIDIA by 46.8% in the 2nd quarter. Westend Capital Management LLC now owns 455 shares of the computer hardware maker’s stock worth $72,000 after purchasing an additional 145 shares during the period. Barnes Dennig Private Wealth Management LLC purchased a new stake in shares of NVIDIA in the 1st quarter worth approximately $51,000. Finally, Campbell Capital Management Inc. lifted its position in shares of NVIDIA by 5,900.0% in the 1st quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker’s stock worth $65,000 after purchasing an additional 590 shares during the period. Hedge funds and other institutional investors own 65.27% of the company’s stock.

NVIDIA Trading Down 2.1%

NASDAQ NVDA opened at $202.76 on Friday. The company has a fifty day simple moving average of $181.35 and a two-hundred day simple moving average of $158.70. The stock has a market cap of $4.93 trillion, a P/E ratio of 57.77, a P/E/G ratio of 1.49 and a beta of 2.12. NVIDIA Corporation has a 12-month low of $86.62 and a 12-month high of $212.19. 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 posted 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 business had revenue of $46.74 billion during the quarter, compared to analysts’ expectations of $45.65 billion. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The business’s quarterly revenue was up 55.6% on a year-over-year basis. During the same quarter last year, the company posted $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. On average, analysts forecast that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, October 2nd. Investors 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 yield of 0.0%. NVIDIA’s dividend payout ratio (DPR) is 1.14%.

Insider Transactions at NVIDIA

In other NVIDIA news, Director Harvey C. Jones sold 250,000 shares of the firm’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 transaction of $44,052,500.00. Following the completion of the transaction, the director directly owned 7,183,280 shares of the company’s stock, valued at approximately $1,265,765,768.80. This trade represents a 3.36% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Mark A. Stevens sold 350,000 shares of the firm’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 transaction of $61,736,500.00. Following the transaction, the director directly owned 7,399,803 shares of the company’s stock, valued at $1,305,251,251.17. This represents a 4.52% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 3,676,577 shares of company stock worth $657,716,375 over the last three months. 4.17% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of research firms have weighed in on NVDA. President Capital upped their target price on NVIDIA from $210.00 to $240.00 and gave the stock a “buy” rating in a report on Thursday. Stifel Nicolaus upped their price objective on NVIDIA from $202.00 to $212.00 and gave the stock a “buy” rating in a research note on Monday, August 25th. Wells Fargo & Company upped their price objective on NVIDIA from $185.00 to $220.00 and gave the stock an “overweight” rating in a research note on Monday, August 11th. Seaport Global Securities reissued a “sell” rating on shares of NVIDIA in a research report on Wednesday. Finally, S&P Equity Research reissued a “positive” rating on shares of NVIDIA in a research report on Wednesday, October 22nd. Five equities research analysts have rated the stock with a Strong Buy rating, forty-one have given a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, NVIDIA has an average rating of “Buy” and an average target price of $229.38.

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.