JFS Wealth Advisors LLC grew its stake in shares of NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 10.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,747 shares of the computer hardware maker’s stock after acquiring an additional 1,646 shares during the quarter. JFS Wealth Advisors LLC’s holdings in NVIDIA were worth $2,804,000 as of its most recent SEC filing.
A number of other large investors have also recently bought and sold shares of NVDA. Kathleen S. Wright Associates Inc. boosted its position in NVIDIA by 169.3% in the first quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker’s stock valued at $44,000 after buying an additional 254 shares during the last quarter. Barnes Dennig Private Wealth Management LLC purchased a new stake in NVIDIA in the first quarter valued at approximately $51,000. Legend Financial Advisors Inc. purchased a new stake in NVIDIA in the second quarter valued at approximately $55,000. Campbell Capital Management Inc. boosted its position in NVIDIA by 5,900.0% in the first quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker’s stock valued at $65,000 after buying an additional 590 shares during the last quarter. Finally, Luken Investment Analytics LLC boosted its position in NVIDIA by 107.0% in the first quarter. Luken Investment Analytics LLC now owns 621 shares of the computer hardware maker’s stock valued at $67,000 after buying an additional 321 shares during the last quarter. Hedge funds and other institutional investors own 65.27% of the company’s stock.
Insider Transactions at NVIDIA
In other news, CEO Jen Hsun Huang sold 75,000 shares of the company’s stock in a transaction that occurred 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 completion of the transaction, the chief executive officer directly owned 72,698,366 shares of the company’s stock, valued at $12,333,277,791.90. This represents a 0.10% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Harvey C. Jones sold 250,000 shares of the 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 directly owned 7,183,280 shares of the company’s stock, valued at approximately $1,265,765,768.80. This represents a 3.36% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 3,701,577 shares of company stock valued at $662,914,125 in the last three months. 4.17% of the stock is currently owned by company insiders.
NVIDIA Trading Down 0.2%
NVIDIA (NASDAQ:NVDA – Get Free Report) last announced its earnings results 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 return on equity of 101.74% and a net margin of 52.41%.The business’s quarterly revenue was up 55.6% on a year-over-year basis. During the same period in the prior year, the company posted $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. On average, equities research analysts expect that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.
NVIDIA Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th were paid a dividend of $0.01 per share. 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 dividend payout ratio is presently 1.14%.
Wall Street Analyst Weigh In
A number of brokerages recently commented on NVDA. Jefferies Financial Group reiterated a “buy” rating and issued a $220.00 target price (up previously from $205.00) on shares of NVIDIA in a research report on Monday, September 29th. Morgan Stanley restated an “overweight” rating on shares of NVIDIA in a research report on Wednesday. Citigroup restated a “buy” rating and issued a $210.00 price objective (up previously from $200.00) on shares of NVIDIA in a research report on Tuesday, September 30th. Robert W. Baird upped their price objective on NVIDIA from $195.00 to $225.00 and gave the stock an “outperform” rating in a research report on Monday, August 25th. Finally, Wall Street Zen upgraded NVIDIA from a “hold” rating to a “buy” rating in a research report on Sunday, October 19th. Five 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 issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $230.13.
Get Our Latest Analysis on NVDA
NVIDIA Company 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.
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