Lodestar Private Asset Management LLC Purchases 451 Shares of NVIDIA Corporation $NVDA

Lodestar Private Asset Management LLC lifted its position in NVIDIA Corporation (NASDAQ:NVDA) by 2.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 21,355 shares of the computer hardware maker’s stock after purchasing an additional 451 shares during the quarter. Lodestar Private Asset Management LLC’s holdings in NVIDIA were worth $3,374,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Nationale Nederlanden Powszechne Towarzystwo Emerytalne S.A. boosted its stake in NVIDIA by 3.1% during the second quarter. Nationale Nederlanden Powszechne Towarzystwo Emerytalne S.A. now owns 39,832 shares of the computer hardware maker’s stock valued at $6,293,000 after buying an additional 1,208 shares during the period. Means Investment CO. Inc. raised its holdings in shares of NVIDIA by 1.9% in the 2nd quarter. Means Investment CO. Inc. now owns 274,952 shares of the computer hardware maker’s stock valued at $43,440,000 after acquiring an additional 5,044 shares in the last quarter. Vanguard Personalized Indexing Management LLC raised its holdings in shares of NVIDIA by 18.4% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 3,477,711 shares of the computer hardware maker’s stock valued at $549,697,000 after acquiring an additional 539,984 shares in the last quarter. Hobbs Group Advisors LLC boosted its position in shares of NVIDIA by 39.9% during the 2nd quarter. Hobbs Group Advisors LLC now owns 10,498 shares of the computer hardware maker’s stock valued at $1,659,000 after acquiring an additional 2,995 shares during the last quarter. Finally, Oak Ridge Investments LLC grew its holdings in shares of NVIDIA by 6.5% during the second quarter. Oak Ridge Investments LLC now owns 950,301 shares of the computer hardware maker’s stock worth $150,138,000 after purchasing an additional 57,959 shares in the last quarter. Hedge funds and other institutional investors own 65.27% of the company’s stock.

NVIDIA Stock Up 2.2%

NVDA opened at $206.88 on Tuesday. 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 business’s 50-day moving average price is $182.38 and its 200-day moving average price is $160.79. The company 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 issued its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.04. The company had revenue of $46.74 billion during the quarter, compared to analysts’ expectations of $45.65 billion. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.NVIDIA’s quarterly revenue was up 55.6% compared to the same quarter last year. During the same period in the prior year, the business posted $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. On average, equities analysts expect that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th were issued a $0.01 dividend. The ex-dividend date was Thursday, September 11th. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. NVIDIA’s dividend payout ratio (DPR) is currently 1.14%.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on NVDA shares. Melius Research set a $300.00 target price on shares of NVIDIA in a research note on Wednesday, October 29th. Oppenheimer restated an “outperform” rating and set a $225.00 price objective (up previously from $200.00) on shares of NVIDIA in a research report on Thursday, August 28th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $240.00 price objective (up from $210.00) on shares of NVIDIA in a report on Friday. Truist Financial increased their target price on NVIDIA from $210.00 to $228.00 and gave the company a “buy” rating in a research note on Thursday, August 28th. Finally, UBS Group set a $235.00 price target on NVIDIA and gave the company a “buy” rating in a research report on Wednesday, October 29th. Five equities 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 assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $233.25.

Insider Buying and Selling

In other NVIDIA news, Director Mark A. Stevens sold 350,000 shares of the firm’s stock in a transaction on Friday, September 19th. The shares were sold at an average price of $176.39, for a total value of $61,736,500.00. Following the sale, the director 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 position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Harvey C. Jones sold 250,000 shares of the business’s 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 owned 7,183,280 shares in the company, valued at $1,265,765,768.80. The trade was a 3.36% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 3,578,937 shares of company stock valued at $641,069,346 over the last three months. 4.17% of the stock is owned by company insiders.

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.