Chicago Partners Investment Group LLC Grows Stake in NVIDIA Corporation $NVDA

Chicago Partners Investment Group LLC boosted its position in NVIDIA Corporation (NASDAQ:NVDA) by 6.3% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 542,975 shares of the computer hardware maker’s stock after purchasing an additional 31,996 shares during the quarter. NVIDIA makes up 2.7% of Chicago Partners Investment Group LLC’s portfolio, making the stock its 3rd biggest position. Chicago Partners Investment Group LLC’s holdings in NVIDIA were worth $92,729,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. Kingstone Capital Partners Texas LLC grew its holdings in NVIDIA by 267,959.7% in the second 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 purchasing an additional 382,231,120 shares during the period. Nuveen LLC bought a new stake in shares of NVIDIA in the 1st quarter worth approximately $15,089,414,000. Goldman Sachs Group Inc. grew its stake in shares of 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 worth $20,374,921,000 after buying an additional 103,889,872 shares during the last quarter. Amundi increased its position in NVIDIA by 16.0% during 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. Finally, Strs Ohio purchased a new position in NVIDIA during the first quarter valued at $1,163,288,000. Institutional investors own 65.27% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently weighed in on NVDA. Oppenheimer restated an “outperform” rating and set a $225.00 price target (up from $200.00) on shares of NVIDIA in a report on Thursday, August 28th. President Capital increased 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. Wedbush reaffirmed an “outperform” rating and issued a $210.00 target price on shares of NVIDIA in a report on Thursday, August 28th. Benchmark upped their target price on shares of NVIDIA from $190.00 to $220.00 and gave the stock a “buy” rating in a research note on Thursday, August 28th. Finally, Mizuho set a $235.00 price target on shares of NVIDIA in a report on Wednesday, October 29th. Five analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, NVIDIA presently has an average rating of “Buy” and an average price target of $235.44.

Insiders Place Their Bets

In other NVIDIA news, Director Harvey C. Jones sold 250,000 shares of the business’s stock in a transaction dated Thursday, September 18th. The stock was sold at an average price of $176.21, for a total transaction of $44,052,500.00. Following the completion of the sale, the director directly owned 7,183,280 shares in the company, valued at $1,265,765,768.80. The trade was 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 company’s stock in a transaction dated Wednesday, September 10th. The shares were sold at an average price of $177.57, for a total transaction of $13,317,750.00. Following the sale, the chief executive officer directly owned 72,248,366 shares of the company’s stock, valued at $12,829,142,350.62. The trade was a 0.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 3,326,577 shares of company stock valued at $596,625,187. Insiders own 4.17% of the company’s stock.

NVIDIA Stock Up 0.3%

NVDA opened at $193.80 on Thursday. The stock has a market capitalization of $4.71 trillion, a price-to-earnings ratio of 55.21, a PEG ratio of 1.49 and a beta of 2.11. The firm has a 50 day moving average price of $184.84 and a 200-day moving average price of $164.84. NVIDIA Corporation has a twelve month low of $86.62 and a twelve month high of $212.19. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08.

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

NVIDIA Dividend Announcement

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 of this dividend was Thursday, September 11th. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. NVIDIA’s dividend payout ratio is currently 1.14%.

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.