NVIDIA Corporation $NVDA Shares Bought by Vantage Point Financial LLC

Vantage Point Financial LLC boosted its position in shares of NVIDIA Corporation (NASDAQ:NVDAFree Report) by 28.2% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 24,431 shares of the computer hardware maker’s stock after buying an additional 5,379 shares during the quarter. NVIDIA makes up 1.7% of Vantage Point Financial LLC’s holdings, making the stock its 17th biggest position. Vantage Point Financial LLC’s holdings in NVIDIA were worth $3,860,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of NVDA. Astoria Portfolio Advisors LLC. grew its stake in shares of NVIDIA by 0.9% in the 1st quarter. Astoria Portfolio Advisors LLC. now owns 93,568 shares of the computer hardware maker’s stock valued at $9,610,000 after buying an additional 864 shares during the period. Centerpoint Advisory Group grew its position in NVIDIA by 2.5% in the first quarter. Centerpoint Advisory Group now owns 39,398 shares of the computer hardware maker’s stock worth $4,270,000 after acquiring an additional 943 shares during the period. GSB Wealth Management LLC grew its position in NVIDIA by 3.3% in the first quarter. GSB Wealth Management LLC now owns 32,611 shares of the computer hardware maker’s stock worth $3,534,000 after acquiring an additional 1,043 shares during the period. Variant Private Wealth LLC grew its position in NVIDIA by 20.6% in the first quarter. Variant Private Wealth LLC now owns 18,800 shares of the computer hardware maker’s stock worth $2,038,000 after acquiring an additional 3,206 shares during the period. Finally, Financial Perspectives Inc grew its position in NVIDIA by 2.8% in the first quarter. Financial Perspectives Inc now owns 45,958 shares of the computer hardware maker’s stock worth $4,981,000 after acquiring an additional 1,265 shares during the period. 65.27% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other NVIDIA news, CEO Jen Hsun Huang sold 25,000 shares of the business’s stock in a transaction that occurred on Monday, October 27th. The stock was 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 in the company, valued at approximately $13,309,750,308.19. The trade was a 0.04% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Colette Kress sold 27,640 shares of the business’s stock in a transaction that occurred on Tuesday, October 21st. The shares were 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 owned 2,855,762 shares of the company’s stock, valued at approximately $518,092,342.04. This represents a 0.96% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 3,676,577 shares of company stock valued at $657,716,375 over the last three months. Company insiders own 4.17% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on NVDA. Wolfe Research set a $230.00 price target on NVIDIA and gave the stock an “outperform” rating in a report on Tuesday. Truist Financial increased their price objective on shares of NVIDIA from $210.00 to $228.00 and gave the stock a “buy” rating in a research report on Thursday, August 28th. Hsbc Global Res raised shares of NVIDIA from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 15th. Craig Hallum raised their target price on NVIDIA from $195.00 to $245.00 and gave the company a “buy” rating in a report on Thursday, August 28th. Finally, Needham & Company LLC raised their target price on NVIDIA from $200.00 to $240.00 and gave the company a “buy” rating in a report on Wednesday. Five equities research 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 issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $229.38.

Read Our Latest Stock Report on NVIDIA

NVIDIA Stock Down 2.1%

Shares of NASDAQ NVDA opened at $202.76 on Friday. The business has a 50-day moving average of $181.35 and a two-hundred day moving average of $158.70. The company has a market capitalization of $4.93 trillion, a price-to-earnings ratio of 57.77, a price-to-earnings-growth ratio of 1.49 and a beta of 2.12. NVIDIA Corporation has a 1 year low of $86.62 and a 1 year high of $212.19. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.21 and a quick ratio of 3.60.

NVIDIA (NASDAQ:NVDAGet Free Report) last issued its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.04. The business had revenue of $46.74 billion during the quarter, compared to the consensus estimate of $45.65 billion. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The company’s revenue was up 55.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.68 EPS. 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 fiscal year.

NVIDIA Announces Dividend

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

About NVIDIA

(Free Report)

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.

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Institutional Ownership by Quarter for NVIDIA (NASDAQ:NVDA)

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