3,213 Shares in NVIDIA Corporation $NVDA Purchased by Albert D Mason Inc.

Albert D Mason Inc. acquired a new position in NVIDIA Corporation (NASDAQ:NVDAFree Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 3,213 shares of the computer hardware maker’s stock, valued at approximately $508,000.

A number of other hedge funds have also recently modified their holdings of NVDA. Harbor Asset Planning Inc. purchased a new stake in shares of NVIDIA during the second quarter valued at $28,000. Legend Financial Advisors Inc. purchased a new position in NVIDIA in the 2nd quarter worth about $55,000. Kathleen S. Wright Associates Inc. lifted its holdings in NVIDIA by 169.3% during the 1st quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker’s stock valued at $44,000 after buying an additional 254 shares in the last quarter. Westend Capital Management LLC boosted its position in NVIDIA by 46.8% in the 2nd quarter. Westend Capital Management LLC now owns 455 shares of the computer hardware maker’s stock valued at $72,000 after buying an additional 145 shares during the period. Finally, Barnes Dennig Private Wealth Management LLC purchased a new stake in NVIDIA in the 1st quarter valued at about $51,000. Institutional investors own 65.27% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on NVDA shares. Loop Capital raised their target price on shares of NVIDIA from $250.00 to $350.00 and gave the stock a “buy” rating in a research report on Monday, November 3rd. JPMorgan Chase & Co. restated a “buy” rating and set a $215.00 price objective on shares of NVIDIA in a report on Friday, September 19th. Citigroup lifted their target price on NVIDIA from $210.00 to $220.00 and gave the company a “buy” rating in a research report on Monday. HSBC set a $320.00 target price on NVIDIA and gave the stock a “buy” rating in a report on Wednesday, October 15th. Finally, Wolfe Research set a $230.00 price target on NVIDIA and gave the company an “outperform” rating in a research note on Tuesday, October 28th. Five research analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $235.44.

Read Our Latest Stock Analysis on NVDA

NVIDIA Stock Performance

NVDA stock opened at $193.16 on Wednesday. NVIDIA Corporation has a one year low of $86.62 and a one year high of $212.19. The firm has a market cap of $4.69 trillion, a price-to-earnings ratio of 55.03, a PEG ratio of 1.49 and a beta of 2.11. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.60 and a current ratio of 4.21. The firm has a 50-day simple moving average of $184.37 and a two-hundred day simple moving average of $164.63.

NVIDIA (NASDAQ:NVDAGet Free Report) last posted its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, topping the consensus estimate of $1.01 by $0.04. The firm had revenue of $46.74 billion during the quarter, compared to analyst estimates of $45.65 billion. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. NVIDIA’s revenue was up 55.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. On average, equities analysts forecast that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Dividend Announcement

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

Insiders Place Their Bets

In related news, CEO Jen Hsun Huang sold 25,000 shares of the business’s stock in a transaction on 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 transaction, the chief executive officer directly owned 69,733,203 shares in the company, valued at $14,498,230,235.73. The trade was a 0.04% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Colette Kress sold 27,640 shares of the 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 completion of the sale, the chief financial officer owned 2,828,122 shares of the company’s stock, valued at approximately $589,182,656.26. This trade represents a 0.97% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 3,326,577 shares of company stock valued at $596,625,187 in the last three months. Insiders own 4.17% of the company’s stock.

About NVIDIA

(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.

Further Reading

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Institutional Ownership by Quarter for NVIDIA (NASDAQ:NVDA)

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