NVIDIA Corporation $NVDA Shares Bought by Strengthening Families & Communities LLC

Strengthening Families & Communities LLC raised its position in shares of NVIDIA Corporation (NASDAQ:NVDA) by 0.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 83,132 shares of the computer hardware maker’s stock after buying an additional 676 shares during the period. NVIDIA comprises 7.2% of Strengthening Families & Communities LLC’s portfolio, making the stock its biggest position. Strengthening Families & Communities LLC’s holdings in NVIDIA were worth $12,978,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. Blue Zone Wealth Advisors LLC increased its holdings in shares of NVIDIA by 18.2% during the second quarter. Blue Zone Wealth Advisors LLC now owns 25,884 shares of the computer hardware maker’s stock worth $4,089,000 after buying an additional 3,979 shares in the last quarter. PDS Planning Inc increased its holdings in shares of NVIDIA by 12.6% during the second quarter. PDS Planning Inc now owns 167,236 shares of the computer hardware maker’s stock worth $26,422,000 after buying an additional 18,761 shares in the last quarter. Gunderson Capital Management Inc. increased its holdings in shares of NVIDIA by 16.4% during the second quarter. Gunderson Capital Management Inc. now owns 134,830 shares of the computer hardware maker’s stock worth $21,302,000 after buying an additional 18,975 shares in the last quarter. Blue Trust Inc. increased its holdings in shares of NVIDIA by 3.8% during the second quarter. Blue Trust Inc. now owns 141,139 shares of the computer hardware maker’s stock worth $22,299,000 after buying an additional 5,151 shares in the last quarter. Finally, Fourpath Capital Management LLC increased its holdings in shares of NVIDIA by 1.2% during the second quarter. Fourpath Capital Management LLC now owns 18,736 shares of the computer hardware maker’s stock worth $2,960,000 after buying an additional 228 shares in the last quarter. Institutional investors and hedge funds own 65.27% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on NVDA shares. The Goldman Sachs Group reissued a “buy” rating and issued a $240.00 price target on shares of NVIDIA in a report on Friday. JPMorgan Chase & Co. reissued a “buy” rating and issued a $215.00 price target on shares of NVIDIA in a report on Friday, September 19th. Melius Research set a $300.00 price target on shares of NVIDIA in a report on Wednesday. Hsbc Global Res raised shares of NVIDIA from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 15th. Finally, Mizuho set a $235.00 price target on shares of NVIDIA in a report on Wednesday. Five equities research analysts have rated the stock with a Strong Buy rating, forty-one have issued a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, NVIDIA has a consensus rating of “Buy” and a consensus target price of $230.13.

Insider Transactions at NVIDIA

In other news, Director Mark A. Stevens sold 350,000 shares of NVIDIA stock in a transaction on 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 transaction, the director directly owned 7,399,803 shares of the company’s stock, valued at $1,305,251,251.17. This trade represents a 4.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Jen Hsun Huang sold 75,000 shares of NVIDIA stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $169.65, for a total transaction of $12,723,750.00. Following the transaction, the chief executive officer directly owned 72,698,366 shares in the company, valued at approximately $12,333,277,791.90. This represents a 0.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 3,701,577 shares of company stock valued at $662,914,125 over the last three months. 4.17% of the stock is currently owned by corporate insiders.

NVIDIA Price Performance

Shares of NVDA stock opened at $202.46 on Friday. NVIDIA Corporation has a 52-week low of $86.62 and a 52-week high of $212.19. The stock has a market cap of $4.92 trillion, a PE ratio of 57.68, a PEG ratio of 1.49 and a beta of 2.12. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.60 and a current ratio of 4.21. The firm’s 50 day moving average price is $181.84 and its two-hundred day moving average price is $159.66.

NVIDIA (NASDAQ:NVDA) last announced its quarterly earnings data 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. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The firm had revenue of $46.74 billion for the quarter, compared to analysts’ expectations of $45.65 billion. During the same period last year, the firm earned $0.68 earnings per share. The business’s revenue for the quarter was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. As a group, analysts forecast that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th were given a dividend of $0.01 per share. 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 dividend payout ratio (DPR) 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.