NVIDIA Corporation $NVDA Shares Purchased by Court Place Advisors LLC

Court Place Advisors LLC raised its stake in shares of NVIDIA Corporation (NASDAQ:NVDAFree Report) by 2.4% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 49,398 shares of the computer hardware maker’s stock after acquiring an additional 1,166 shares during the period. NVIDIA makes up 2.5% of Court Place Advisors LLC’s holdings, making the stock its 9th biggest holding. Court Place Advisors LLC’s holdings in NVIDIA were worth $7,804,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also made changes to their positions in NVDA. Pachira Investments Inc. lifted its position in NVIDIA by 1.0% in the second quarter. Pachira Investments Inc. now owns 6,450 shares of the computer hardware maker’s stock valued at $1,019,000 after purchasing an additional 63 shares during the period. Warner Financial Inc. lifted its position in NVIDIA by 2.3% in the second quarter. Warner Financial Inc. now owns 2,911 shares of the computer hardware maker’s stock valued at $460,000 after purchasing an additional 66 shares during the period. HFG Wealth Management LLC lifted its position in NVIDIA by 3.4% in the second quarter. HFG Wealth Management LLC now owns 2,075 shares of the computer hardware maker’s stock valued at $328,000 after purchasing an additional 68 shares during the period. Hidden Cove Wealth Management LLC lifted its holdings in shares of NVIDIA by 0.3% in the 2nd quarter. Hidden Cove Wealth Management LLC now owns 23,778 shares of the computer hardware maker’s stock valued at $3,757,000 after buying an additional 69 shares during the period. Finally, Summit Financial Strategies Inc. lifted its holdings in shares of NVIDIA by 0.6% in the 2nd quarter. Summit Financial Strategies Inc. now owns 11,637 shares of the computer hardware maker’s stock valued at $1,839,000 after buying an additional 69 shares during the period. 65.27% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, CEO Jen Hsun Huang sold 75,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $169.65, for a total value of $12,723,750.00. Following the completion of the transaction, the chief executive officer owned 72,698,366 shares of the company’s stock, valued at $12,333,277,791.90. The trade was a 0.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Harvey C. Jones sold 250,000 shares of the business’s stock in a transaction on Thursday, September 18th. The shares were 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 owned 7,183,280 shares of the company’s stock, valued at $1,265,765,768.80. This trade represents a 3.36% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 3,676,577 shares of company stock valued at $657,716,375 over the last 90 days. Insiders own 4.17% of the company’s stock.

NVIDIA Stock Performance

Shares of NVDA opened at $202.76 on Friday. The company has a current ratio of 4.21, a quick ratio of 3.60 and a debt-to-equity ratio of 0.08. The stock has a market cap of $4.93 trillion, a P/E ratio of 57.77, a PEG ratio of 1.49 and a beta of 2.12. The company has a 50-day moving average of $181.35 and a two-hundred day moving average of $158.70. NVIDIA Corporation has a 12-month low of $86.62 and a 12-month high of $212.19.

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 (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 firm had revenue of $46.74 billion during the quarter, compared to the consensus estimate of $45.65 billion. During the same period in the previous year, the firm posted $0.68 EPS. The company’s quarterly revenue was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. As a group, research analysts predict that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Dividend Announcement

The company also recently disclosed 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 dividend on an annualized basis and a dividend yield of 0.0%. The ex-dividend date of this dividend was Thursday, September 11th. NVIDIA’s payout ratio is currently 1.14%.

Analyst Upgrades and Downgrades

NVDA has been the subject of several recent analyst reports. Phillip Securities raised NVIDIA from a “moderate buy” rating to a “strong-buy” rating in a report on Monday, July 14th. S&P Equity Research reissued a “positive” rating on shares of NVIDIA in a report on Wednesday, October 22nd. Piper Sandler set a $225.00 target price on NVIDIA and gave the company an “overweight” rating in a report on Wednesday, August 13th. New Street Research reiterated a “buy” rating and issued a $307.00 price objective on shares of NVIDIA in a research note on Thursday. Finally, Benchmark raised their price objective on shares of NVIDIA from $190.00 to $220.00 and gave the company a “buy” rating in a research note on Thursday, August 28th. Five 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 assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, NVIDIA has an average rating of “Buy” and an average target price of $229.38.

Check Out Our Latest Research Report on NVIDIA

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.

Further Reading

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Institutional Ownership by Quarter for NVIDIA (NASDAQ:NVDA)

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