NVIDIA Corporation $NVDA Shares Purchased by Index Fund Advisors Inc.

Index Fund Advisors Inc. boosted its stake in NVIDIA Corporation (NASDAQ:NVDAFree Report) by 479.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 29,564 shares of the computer hardware maker’s stock after purchasing an additional 24,458 shares during the period. NVIDIA makes up about 0.3% of Index Fund Advisors Inc.’s investment portfolio, making the stock its 20th biggest holding. Index Fund Advisors Inc.’s holdings in NVIDIA were worth $4,671,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of the business. M3 Advisory Group LLC grew its stake in shares of NVIDIA by 7.0% during the second quarter. M3 Advisory Group LLC now owns 31,888 shares of the computer hardware maker’s stock valued at $5,038,000 after acquiring an additional 2,088 shares in the last quarter. Yarger Wealth Strategies LLC lifted its holdings in NVIDIA by 38.0% in the second quarter. Yarger Wealth Strategies LLC now owns 15,204 shares of the computer hardware maker’s stock worth $2,402,000 after acquiring an additional 4,183 shares during the last quarter. Sharp Financial Services LLC lifted its holdings in NVIDIA by 15.3% in the second quarter. Sharp Financial Services LLC now owns 16,312 shares of the computer hardware maker’s stock worth $2,577,000 after acquiring an additional 2,170 shares during the last quarter. Retirement Planning Group LLC NY raised its holdings in shares of NVIDIA by 24.8% during the second quarter. Retirement Planning Group LLC NY now owns 5,630 shares of the computer hardware maker’s stock valued at $890,000 after buying an additional 1,118 shares during the last quarter. Finally, Libra Wealth LLC raised its holdings in shares of NVIDIA by 1.1% during the second quarter. Libra Wealth LLC now owns 56,966 shares of the computer hardware maker’s stock valued at $9,000,000 after buying an additional 618 shares during the last quarter. 65.27% of the stock is currently owned by institutional investors and hedge funds.

NVIDIA Trading Down 4.0%

Shares of NASDAQ NVDA opened at $198.69 on Wednesday. The company’s 50 day simple moving average is $182.72 and its 200 day simple moving average is $161.48. NVIDIA Corporation has a fifty-two week low of $86.62 and a fifty-two week high of $212.19. The firm has a market capitalization of $4.83 trillion, a P/E ratio of 56.61, a P/E/G ratio of 1.49 and a beta of 2.12. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.21 and a quick ratio of 3.60.

NVIDIA (NASDAQ:NVDAGet Free Report) last announced its quarterly earnings data 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. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The business had revenue of $46.74 billion for the quarter, compared to analyst estimates of $45.65 billion. During the same period in the prior year, the business posted $0.68 earnings per share. NVIDIA’s revenue was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. On average, analysts predict that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 2nd. Shareholders 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 yield of 0.0%. NVIDIA’s dividend payout ratio (DPR) is 1.14%.

Insider Buying and Selling at NVIDIA

In other news, CEO Jen Hsun Huang sold 25,000 shares of the stock in a transaction on Wednesday, October 29th. The shares were sold at an average price of $207.91, for a total transaction of $5,197,750.00. Following the completion of the sale, the chief executive officer owned 69,733,203 shares of the company’s stock, valued at $14,498,230,235.73. This represents a 0.04% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Colette Kress sold 27,640 shares of the stock in a transaction on Tuesday, October 21st. The stock was sold at an average price of $181.42, for a total transaction of $5,014,448.80. Following the sale, the chief financial officer directly owned 2,855,762 shares of the company’s stock, valued at $518,092,342.04. This represents a 0.96% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 3,503,937 shares of company stock worth $627,687,846. Company insiders own 4.17% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on NVDA shares. Barclays reissued an “overweight” rating and set a $240.00 target price (up previously from $200.00) on shares of NVIDIA in a report on Monday, September 22nd. 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. Melius Research set a $300.00 price objective on shares of NVIDIA in a research note on Wednesday, October 29th. Jefferies Financial Group boosted their target price on shares of NVIDIA from $220.00 to $240.00 and gave the stock a “buy” rating in a research report on Tuesday. Finally, Stifel Nicolaus boosted their price objective on shares of NVIDIA from $202.00 to $212.00 and gave the stock a “buy” rating in a report on Monday, August 25th. Five 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. Based on data from MarketBeat, NVIDIA presently has a consensus rating of “Buy” and a consensus price target of $233.75.

Check Out Our Latest Analysis on NVIDIA

NVIDIA Company Profile

(Free Report)

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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Institutional Ownership by Quarter for NVIDIA (NASDAQ:NVDA)

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