NVIDIA Corporation $NVDA is WMG Financial Advisors LLC’s 7th Largest Position

WMG Financial Advisors LLC lifted its position in shares of NVIDIA Corporation (NASDAQ:NVDA) by 2.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 38,362 shares of the computer hardware maker’s stock after purchasing an additional 761 shares during the period. NVIDIA accounts for approximately 2.2% of WMG Financial Advisors LLC’s portfolio, making the stock its 7th largest position. WMG Financial Advisors LLC’s holdings in NVIDIA were worth $6,061,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of NVDA. Kathleen S. Wright Associates Inc. increased its stake in shares of NVIDIA by 169.3% during the first quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker’s stock valued at $44,000 after purchasing an additional 254 shares in the last quarter. Barnes Dennig Private Wealth Management LLC bought a new position in shares of NVIDIA during the first quarter valued at approximately $51,000. Legend Financial Advisors Inc. bought a new position in shares of NVIDIA during the second quarter valued at approximately $55,000. Campbell Capital Management Inc. increased its stake in shares of NVIDIA by 5,900.0% during the first quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker’s stock valued at $65,000 after purchasing an additional 590 shares in the last quarter. Finally, Luken Investment Analytics LLC increased its stake in shares of NVIDIA by 107.0% during the first quarter. Luken Investment Analytics LLC now owns 621 shares of the computer hardware maker’s stock valued at $67,000 after purchasing an additional 321 shares in the last quarter. 65.27% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, Director Harvey C. Jones sold 250,000 shares of NVIDIA stock in a transaction dated 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. The trade was a 3.36% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Mark A. Stevens sold 350,000 shares of the business’s stock in a transaction dated Friday, September 19th. The shares were sold at an average price of $176.39, for a total transaction of $61,736,500.00. Following the completion of the sale, the director directly owned 7,399,803 shares of the company’s stock, valued at approximately $1,305,251,251.17. This trade represents a 4.52% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 3,701,577 shares of company stock valued at $662,914,125. Company insiders own 4.17% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on NVDA. New Street Research reaffirmed a “buy” rating and set a $307.00 target price on shares of NVIDIA in a research note on Thursday. Melius Research set a $300.00 price target on shares of NVIDIA in a research report on Wednesday. Phillip Securities upgraded shares of NVIDIA from a “moderate buy” rating to a “strong-buy” rating in a report on Monday, July 14th. Morgan Stanley restated an “overweight” rating on shares of NVIDIA in a report on Wednesday. Finally, Wells Fargo & Company lifted their price target on shares of NVIDIA from $185.00 to $220.00 and gave the stock an “overweight” rating in a research note on Monday, August 11th. Five equities research analysts have rated the stock with a Strong Buy rating, forty-one have given a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $230.13.

NVIDIA Price Performance

NVDA stock opened at $202.46 on Friday. 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. The company has a 50-day moving average price of $181.84 and a 200 day moving average price of $159.33. The stock has a market cap of $4.92 trillion, a PE ratio of 57.68, a P/E/G ratio of 1.49 and a beta of 2.12.

NVIDIA (NASDAQ:NVDA) last released its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, topping 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 during the quarter, compared to analysts’ expectations of $45.65 billion. During the same period in the previous year, the company earned $0.68 EPS. The firm’s revenue for the quarter was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. Equities research analysts anticipate that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Dividend Announcement

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

About NVIDIA

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.