Stonebridge Financial Group LLC Raises Holdings in NVIDIA Corporation $NVDA

Stonebridge Financial Group LLC lifted its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA) by 122.1% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 24,446 shares of the computer hardware maker’s stock after acquiring an additional 13,437 shares during the period. Stonebridge Financial Group LLC’s holdings in NVIDIA were worth $3,862,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the stock. Astoria Portfolio Advisors LLC. lifted its position in shares of NVIDIA by 0.9% during 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 in the last quarter. Centerpoint Advisory Group lifted its holdings in NVIDIA by 2.5% during the first quarter. Centerpoint Advisory Group now owns 39,398 shares of the computer hardware maker’s stock valued at $4,270,000 after purchasing an additional 943 shares in the last quarter. GSB Wealth Management LLC lifted its holdings in NVIDIA by 3.3% during the first quarter. GSB Wealth Management LLC now owns 32,611 shares of the computer hardware maker’s stock valued at $3,534,000 after purchasing an additional 1,043 shares in the last quarter. Variant Private Wealth LLC lifted its holdings in NVIDIA by 20.6% during the first quarter. Variant Private Wealth LLC now owns 18,800 shares of the computer hardware maker’s stock valued at $2,038,000 after purchasing an additional 3,206 shares in the last quarter. Finally, Financial Perspectives Inc lifted its stake in NVIDIA by 2.8% in the 1st quarter. Financial Perspectives Inc now owns 45,958 shares of the computer hardware maker’s stock valued at $4,981,000 after buying an additional 1,265 shares in the last quarter. Hedge funds and other institutional investors own 65.27% of the company’s stock.

Insider Buying and Selling at NVIDIA

In related news, CFO Colette Kress sold 27,640 shares of the business’s 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 sale, the chief financial officer owned 2,855,762 shares in the company, valued at approximately $518,092,342.04. The trade was a 0.96% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Jen Hsun Huang sold 25,000 shares of the business’s stock in a transaction dated Monday, October 27th. The stock was sold at an average price of $190.73, for a total transaction of $4,768,250.00. Following the sale, the chief executive officer owned 69,783,203 shares in the company, valued at $13,309,750,308.19. This trade represents a 0.04% 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 worth $657,716,375 in the last quarter. Company insiders own 4.17% of the company’s stock.

Wall Street Analysts Forecast Growth

NVDA has been the topic of several research reports. Wolfe Research set a $230.00 target price on NVIDIA and gave the company an “outperform” rating in a research report on Tuesday. Melius Research set a $300.00 price objective on NVIDIA in a report on Wednesday. Jefferies Financial Group reissued a “buy” rating and issued a $220.00 price target (up from $205.00) on shares of NVIDIA in a research note on Monday, September 29th. KeyCorp reissued an “overweight” rating and issued a $250.00 price target (up from $230.00) on shares of NVIDIA in a research note on Tuesday, September 30th. Finally, Stifel Nicolaus raised their price target on shares of NVIDIA from $202.00 to $212.00 and gave the stock a “buy” rating in a research note on Monday, August 25th. Five equities 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 issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, NVIDIA presently has a consensus rating of “Buy” and an average price target of $229.38.

NVIDIA Price Performance

NASDAQ:NVDA opened at $202.76 on Friday. The company has a market capitalization 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 52 week low of $86.62 and a 52 week high of $212.19. The stock’s fifty day moving average is $181.35 and its two-hundred day moving average is $158.70. 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 (NASDAQ:NVDA) last released its quarterly earnings results 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. The business had revenue of $46.74 billion for 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 business’s revenue was up 55.6% on a year-over-year basis. During the same period in the previous year, the firm earned $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. Equities analysts expect that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 2nd. Investors 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 was Thursday, September 11th. NVIDIA’s payout ratio is currently 1.14%.

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.