Arcus Capital Partners LLC Purchases 2,320 Shares of NVIDIA Corporation $NVDA

Arcus Capital Partners LLC grew its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA) by 31.8% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 9,626 shares of the computer hardware maker’s stock after acquiring an additional 2,320 shares during the period. Arcus Capital Partners LLC’s holdings in NVIDIA were worth $1,521,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in NVDA. Morton Brown Family Wealth LLC grew its position in shares of NVIDIA by 1.5% during the 2nd quarter. Morton Brown Family Wealth LLC now owns 3,928 shares of the computer hardware maker’s stock valued at $621,000 after acquiring an additional 58 shares during the period. Roof Eidam Maycock Peralta LLC increased its stake in shares of NVIDIA by 0.3% in the second quarter. Roof Eidam Maycock Peralta LLC now owns 20,903 shares of the computer hardware maker’s stock worth $3,302,000 after purchasing an additional 58 shares in the last quarter. Copia Wealth Management boosted its holdings in NVIDIA by 14.7% in the 2nd quarter. Copia Wealth Management now owns 468 shares of the computer hardware maker’s stock worth $74,000 after buying an additional 60 shares during the period. Pachira Investments Inc. boosted its holdings in NVIDIA by 1.0% in the 2nd quarter. Pachira Investments Inc. now owns 6,450 shares of the computer hardware maker’s stock worth $1,019,000 after buying an additional 63 shares during the period. Finally, Warner Financial Inc. grew its stake in NVIDIA by 2.3% in the 2nd quarter. Warner Financial Inc. now owns 2,911 shares of the computer hardware maker’s stock valued at $460,000 after buying an additional 66 shares in the last quarter. Institutional investors own 65.27% of the company’s stock.

Analyst Upgrades and Downgrades

NVDA has been the subject of several recent research reports. Rosenblatt Securities lifted their price target on NVIDIA from $215.00 to $240.00 and gave the company a “buy” rating in a research report on Monday, November 3rd. Stifel Nicolaus lifted their target price on NVIDIA from $202.00 to $212.00 and gave the company a “buy” rating in a report on Monday, August 25th. Melius Research set a $300.00 price target on NVIDIA in a research report on Wednesday, October 29th. President Capital raised their price objective on shares of NVIDIA from $210.00 to $240.00 and gave the company a “buy” rating in a research report on Thursday, October 30th. Finally, HSBC set a $320.00 price objective on shares of NVIDIA and gave the company a “buy” rating in a research note on Wednesday, October 15th. Five analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $235.44.

NVIDIA Price Performance

NVDA stock opened at $193.80 on Thursday. The firm has a market cap of $4.71 trillion, a P/E ratio of 55.21, a P/E/G ratio of 1.49 and a beta of 2.11. The firm’s fifty day moving average is $184.84 and its 200 day moving average is $164.84. NVIDIA Corporation has a 52 week low of $86.62 and a 52 week high of $212.19. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.60 and a current ratio of 4.21.

NVIDIA (NASDAQ:NVDA) last posted its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.01 by $0.04. The business 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%. The company’s revenue was up 55.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. Research analysts predict that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 2nd. Investors of record on Thursday, September 11th were issued a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis 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 other news, CEO Jen Hsun Huang sold 25,000 shares of the business’s stock in a transaction that occurred on Wednesday, October 29th. The stock was sold at an average price of $207.91, for a total value of $5,197,750.00. Following the sale, the chief executive officer directly owned 69,733,203 shares of the company’s stock, valued at $14,498,230,235.73. The trade was a 0.04% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Colette Kress sold 27,640 shares of the business’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $208.33, for a total value of $5,758,241.20. Following the completion of the transaction, 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 position. The SEC filing for this sale provides additional information. Insiders sold 3,326,577 shares of company stock valued at $596,625,187 in the last ninety days. 4.17% of the stock is currently owned by 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.