1,584 Shares in NVIDIA Corporation $NVDA Acquired by Endowment Wealth Management Inc.

Endowment Wealth Management Inc. purchased a new position in NVIDIA Corporation (NASDAQ:NVDA) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 1,584 shares of the computer hardware maker’s stock, valued at approximately $250,000.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Kingstone Capital Partners Texas LLC lifted its stake in NVIDIA by 267,959.7% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 382,373,765 shares of the computer hardware maker’s stock valued at $64,976,521,000 after buying an additional 382,231,120 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in NVIDIA by 2.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 206,794,926 shares of the computer hardware maker’s stock valued at $22,412,434,000 after buying an additional 5,896,735 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in NVIDIA by 123.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 187,995,213 shares of the computer hardware maker’s stock valued at $20,374,921,000 after buying an additional 103,889,872 shares in the last quarter. Nuveen LLC purchased a new stake in NVIDIA in the 1st quarter valued at approximately $15,089,414,000. Finally, Amundi lifted its stake in NVIDIA by 16.0% in the 1st quarter. Amundi now owns 135,770,043 shares of the computer hardware maker’s stock valued at $13,826,199,000 after buying an additional 18,733,431 shares in the last quarter. Institutional investors and hedge funds own 65.27% of the company’s stock.

NVIDIA Stock Down 1.8%

Shares of NVIDIA stock opened at $195.21 on Thursday. The business has a 50-day moving average of $182.99 and a 200-day moving average of $161.72. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.21 and a quick ratio of 3.60. The company has a market capitalization of $4.74 trillion, a PE ratio of 55.62, a P/E/G ratio of 1.49 and a beta of 2.12. NVIDIA Corporation has a 1-year low of $86.62 and a 1-year high of $212.19.

NVIDIA (NASDAQ:NVDA) last announced 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 the consensus estimate of $45.65 billion. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The company’s revenue was up 55.6% on a year-over-year basis. During the same period last year, the firm earned $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. As a group, equities analysts forecast that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Dividend Announcement

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. 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%.

Insider Activity

In other news, CEO Jen Hsun Huang sold 25,000 shares of the firm’s stock in a transaction dated Wednesday, October 29th. The stock was 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 directly owned 69,733,203 shares in the company, valued at $14,498,230,235.73. This trade 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 firm’s stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $208.33, for a total value of $5,758,241.20. Following the sale, the chief financial officer owned 2,828,122 shares of the company’s stock, valued at $589,182,656.26. This represents a 0.97% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 3,551,577 shares of company stock valued at $637,612,687 over the last 90 days. Insiders own 4.17% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on NVDA. Morgan Stanley reissued an “overweight” rating on shares of NVIDIA in a research note on Wednesday, October 29th. Cantor Fitzgerald reissued an “overweight” rating and set a $300.00 price target on shares of NVIDIA in a research note on Wednesday, October 29th. KeyCorp reissued an “overweight” rating and set a $250.00 price target (up previously from $230.00) on shares of NVIDIA in a research note on Tuesday, September 30th. DA Davidson set a $250.00 price target on NVIDIA and gave the stock a “buy” rating in a research note on Wednesday, October 29th. Finally, Piper Sandler set a $225.00 price target on NVIDIA and gave the stock an “overweight” rating in a research note on Wednesday, August 13th. Five investment analysts have rated the stock with a Strong Buy rating, forty-one have given a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $233.75.

NVIDIA 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.