NVIDIA Corporation $NVDA Stock Holdings Increased by Acorn Financial Advisory Services Inc. ADV

Acorn Financial Advisory Services Inc. ADV raised its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA) by 27.0% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,294 shares of the computer hardware maker’s stock after acquiring an additional 4,743 shares during the period. NVIDIA makes up 0.6% of Acorn Financial Advisory Services Inc. ADV’s holdings, making the stock its 23rd largest position. Acorn Financial Advisory Services Inc. ADV’s holdings in NVIDIA were worth $3,522,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of NVDA. Kingstone Capital Partners Texas LLC raised its stake in shares of 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 worth $64,976,521,000 after buying an additional 382,231,120 shares in the last quarter. Nuveen LLC purchased a new position in shares of NVIDIA during the first quarter valued at $15,089,414,000. Goldman Sachs Group Inc. raised its position in NVIDIA by 123.5% during the first 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 during the period. Amundi boosted its holdings in shares of NVIDIA by 16.0% during the first quarter. Amundi now owns 135,770,043 shares of the computer hardware maker’s stock worth $13,826,199,000 after purchasing an additional 18,733,431 shares during the period. Finally, Strs Ohio acquired a new stake in shares of NVIDIA during the first quarter worth approximately $1,163,288,000. Institutional investors own 65.27% of the company’s stock.

NVIDIA Stock Down 1.8%

NASDAQ NVDA opened at $195.21 on Thursday. The stock’s 50 day simple moving average is $182.99 and its 200 day simple moving average is $161.72. NVIDIA Corporation has a one year low of $86.62 and a one year high of $212.19. 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 firm has a market cap of $4.74 trillion, a PE ratio of 55.62, a price-to-earnings-growth ratio of 1.49 and a beta of 2.12.

NVIDIA (NASDAQ:NVDA) last posted its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.04. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The firm had revenue of $46.74 billion for the quarter, compared to the consensus estimate of $45.65 billion. During the same quarter in the prior year, the business earned $0.68 EPS. The business’s revenue for the quarter was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. As a group, sell-side analysts forecast that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 2nd. Stockholders 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 dividend yield of 0.0%. NVIDIA’s dividend payout ratio is 1.14%.

Wall Street Analyst Weigh In

NVDA has been the subject of a number of research reports. DA Davidson set a $250.00 price objective on NVIDIA and gave the company a “buy” rating in a research report on Wednesday, October 29th. Daiwa Capital Markets boosted their price objective on NVIDIA from $165.00 to $205.00 and gave the stock an “outperform” rating in a research report on Wednesday, September 17th. Wedbush restated an “outperform” rating and set a $210.00 price target on shares of NVIDIA in a research note on Thursday, August 28th. Seaport Global Securities restated a “sell” rating on shares of NVIDIA in a research note on Wednesday, October 29th. Finally, UBS Group set a $235.00 price objective on NVIDIA and gave the company a “buy” rating in a research note on Wednesday, October 29th. Five investment analysts have rated the stock with a Strong Buy rating, forty-one have given a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $233.75.

Insider Activity

In other news, Director Harvey C. Jones sold 250,000 shares of the stock in a transaction 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 transaction, the director 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 position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Jen Hsun Huang sold 75,000 shares of the stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $169.65, for a total value of $12,723,750.00. Following the completion of the transaction, the chief executive officer directly owned 72,698,366 shares in the company, valued at approximately $12,333,277,791.90. This trade represents a 0.10% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 3,551,577 shares of company stock valued at $637,612,687 in the last 90 days. 4.17% of the stock is owned by company insiders.

About NVIDIA

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.