Ackerman Capital Advisors LLC Buys Shares of 1,322 NVIDIA Corporation $NVDA

Ackerman Capital Advisors LLC purchased a new stake in shares of NVIDIA Corporation (NASDAQ:NVDA) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 1,322 shares of the computer hardware maker’s stock, valued at approximately $209,000.

Several other institutional investors and hedge funds also recently made changes to their positions in NVDA. Morton Brown Family Wealth LLC raised its stake in shares of NVIDIA by 1.5% during the second quarter. Morton Brown Family Wealth LLC now owns 3,928 shares of the computer hardware maker’s stock valued at $621,000 after acquiring an additional 58 shares during the last quarter. Pachira Investments Inc. grew its stake in shares of NVIDIA by 1.0% in the second quarter. Pachira Investments Inc. now owns 6,450 shares of the computer hardware maker’s stock worth $1,019,000 after purchasing an additional 63 shares during the last quarter. Warner Financial Inc. increased its holdings in NVIDIA by 2.3% in the second quarter. Warner Financial Inc. now owns 2,911 shares of the computer hardware maker’s stock valued at $460,000 after purchasing an additional 66 shares during the period. HFG Wealth Management LLC raised its position in NVIDIA by 3.4% during the 2nd quarter. HFG Wealth Management LLC now owns 2,075 shares of the computer hardware maker’s stock worth $328,000 after purchasing an additional 68 shares during the last quarter. Finally, Hidden Cove Wealth Management LLC lifted its holdings in NVIDIA by 0.3% during the 2nd quarter. Hidden Cove Wealth Management LLC now owns 23,778 shares of the computer hardware maker’s stock worth $3,757,000 after buying an additional 69 shares during the period. Institutional investors and hedge funds own 65.27% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on NVDA. Stifel Nicolaus increased their price target on NVIDIA from $202.00 to $212.00 and gave the company a “buy” rating in a research note on Monday, August 25th. Citigroup reissued a “buy” rating and set a $210.00 target price (up previously from $200.00) on shares of NVIDIA in a research report on Tuesday, September 30th. KeyCorp restated an “overweight” rating and set a $250.00 price target (up previously from $230.00) on shares of NVIDIA in a report on Tuesday, September 30th. TD Cowen upped their price objective on shares of NVIDIA from $140.00 to $235.00 and gave the company a “buy” rating in a research note on Tuesday, August 19th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of NVIDIA in a research report on Wednesday, October 8th. 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 assigned a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $233.25.

Insider Activity at NVIDIA

In other NVIDIA news, Director Mark A. Stevens sold 350,000 shares of NVIDIA stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $176.39, for a total transaction of $61,736,500.00. Following the completion of the transaction, the director owned 7,399,803 shares in the company, valued at approximately $1,305,251,251.17. The trade was a 4.52% 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 Harvey C. Jones sold 250,000 shares of the business’s stock in a transaction that occurred on Thursday, September 18th. The stock was sold at an average price of $176.21, for a total value of $44,052,500.00. Following the sale, the director directly owned 7,183,280 shares of the company’s stock, valued at $1,265,765,768.80. This represents a 3.36% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 3,578,937 shares of company stock valued at $641,069,346. 4.17% of the stock is owned by corporate insiders.

NVIDIA Price Performance

Shares of NVDA opened at $206.88 on Tuesday. The business’s fifty day moving average is $182.38 and its 200 day moving average is $160.79. NVIDIA Corporation has a 12-month low of $86.62 and a 12-month high of $212.19. 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 stock has a market cap of $5.03 trillion, a P/E ratio of 58.94, a P/E/G ratio of 1.49 and a beta of 2.12.

NVIDIA (NASDAQ:NVDA) last announced its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 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 business had revenue of $46.74 billion during the quarter, compared to analyst estimates of $45.65 billion. During the same quarter in the previous year, the business posted $0.68 EPS. NVIDIA’s quarterly revenue was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. Sell-side analysts anticipate that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

The firm also recently announced 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 dividend on an annualized basis and a dividend yield of 0.0%. The ex-dividend date was Thursday, September 11th. NVIDIA’s dividend payout ratio is currently 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.