NVIDIA Corporation $NVDA Shares Acquired by Richardson Financial Services Inc.

Richardson Financial Services Inc. grew its stake in shares of NVIDIA Corporation (NASDAQ:NVDA) by 6.1% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 24,071 shares of the computer hardware maker’s stock after buying an additional 1,382 shares during the period. NVIDIA makes up 2.5% of Richardson Financial Services Inc.’s investment portfolio, making the stock its 5th biggest holding. Richardson Financial Services Inc.’s holdings in NVIDIA were worth $3,692,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in NVDA. Kathleen S. Wright Associates Inc. increased its holdings in NVIDIA by 169.3% in the 1st 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 period. Barnes Dennig Private Wealth Management LLC bought a new stake in NVIDIA in the 1st quarter valued at $51,000. Legend Financial Advisors Inc. bought a new stake in NVIDIA in the 2nd quarter valued at $55,000. Campbell Capital Management Inc. increased its holdings in NVIDIA by 5,900.0% in the 1st 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 period. Finally, Luken Investment Analytics LLC increased its holdings in NVIDIA by 107.0% in the 1st 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 period. Institutional investors and hedge funds own 65.27% of the company’s stock.

Insiders Place Their Bets

In other news, CFO Colette Kress sold 27,640 shares of the firm’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 transaction, the chief financial officer directly owned 2,855,762 shares in the company, valued at $518,092,342.04. This trade represents a 0.96% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Jen Hsun Huang sold 25,000 shares of the firm’s stock in a transaction on Wednesday, October 29th. The stock was sold at an average price of $207.91, for a total value of $5,197,750.00. Following the completion of the transaction, the chief executive officer owned 69,733,203 shares in the company, valued at $14,498,230,235.73. This represents a 0.04% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 3,578,937 shares of company stock valued at $641,069,346 in the last ninety days. Company insiders own 4.17% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on NVDA shares. 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. HSBC set a $320.00 price target on shares of NVIDIA and gave the company a “buy” rating in a report on Wednesday, October 15th. Needham & Company LLC boosted their target price on shares of NVIDIA from $200.00 to $240.00 and gave the company a “buy” rating in a research note on Wednesday, October 29th. Melius Research set a $300.00 target price on shares of NVIDIA in a report on Wednesday. Finally, Wall Street Zen raised shares of NVIDIA from a “hold” rating to a “buy” rating in a report on Sunday, October 19th. Five research analysts have rated the stock with a Strong Buy rating, forty-one have assigned 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 a consensus rating of “Buy” and an average price target of $230.13.

NVIDIA Stock Down 0.2%

Shares of NASDAQ:NVDA opened at $202.46 on Monday. NVIDIA Corporation has a 12 month low of $86.62 and a 12 month high of $212.19. The company’s 50-day moving average price is $181.84 and its two-hundred day moving average price is $160.05. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08. The firm has a market cap of $4.92 trillion, a P/E ratio of 57.68, a P/E/G ratio of 1.49 and a beta of 2.12.

NVIDIA (NASDAQ:NVDA) last issued its quarterly earnings data 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 for the quarter, compared to analyst estimates of $45.65 billion. During the same quarter in the prior year, the firm earned $0.68 EPS. The company’s revenue was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. As a group, research analysts forecast that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 2nd. Shareholders of record on Thursday, September 11th were paid a $0.01 dividend. The ex-dividend date of this dividend was Thursday, September 11th. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. NVIDIA’s dividend payout ratio (DPR) is presently 1.14%.

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.