D.A. Davidson & CO. Boosts Stake in NVIDIA Corporation $NVDA

D.A. Davidson & CO. boosted its stake in shares of NVIDIA Corporation (NASDAQ:NVDA) by 5.2% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,056,205 shares of the computer hardware maker’s stock after purchasing an additional 52,602 shares during the period. NVIDIA comprises about 1.2% of D.A. Davidson & CO.’s investment portfolio, making the stock its 14th biggest position. D.A. Davidson & CO.’s holdings in NVIDIA were worth $166,870,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently made changes to their positions in NVDA. Brighton Jones LLC lifted its holdings in NVIDIA by 12.4% during the fourth quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker’s stock valued at $43,631,000 after purchasing an additional 35,815 shares in the last quarter. Bank Pictet & Cie Europe AG raised its position in shares of NVIDIA by 1.0% during the 4th quarter. Bank Pictet & Cie Europe AG now owns 2,346,417 shares of the computer hardware maker’s stock valued at $315,100,000 after purchasing an additional 22,929 shares during the period. Highview Capital Management LLC DE raised its position in shares of NVIDIA by 6.7% during the 4th quarter. Highview Capital Management LLC DE now owns 58,396 shares of the computer hardware maker’s stock valued at $7,842,000 after purchasing an additional 3,653 shares during the period. Hudson Value Partners LLC lifted its stake in shares of NVIDIA by 30.7% during the 4th quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker’s stock valued at $6,805,000 after buying an additional 11,900 shares in the last quarter. Finally, Wealth Group Ltd. boosted its holdings in NVIDIA by 15.7% in the 1st quarter. Wealth Group Ltd. now owns 6,598 shares of the computer hardware maker’s stock worth $715,000 after buying an additional 896 shares during the period. Institutional investors own 65.27% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on NVDA shares. Wells Fargo & Company reiterated an “overweight” rating and set a $265.00 target price (up previously from $220.00) on shares of NVIDIA in a research report on Friday. Morgan Stanley upped their price target on NVIDIA from $210.00 to $220.00 and gave the stock an “overweight” rating in a research note on Friday. The Goldman Sachs Group reaffirmed a “buy” rating and set a $240.00 price objective (up from $210.00) on shares of NVIDIA in a report on Friday, October 31st. Daiwa Capital Markets boosted their target price on shares of NVIDIA from $165.00 to $205.00 and gave the stock an “outperform” rating in a report on Wednesday, September 17th. Finally, KeyCorp reaffirmed an “overweight” rating and set a $250.00 target price on shares of NVIDIA in a research note on Friday. Five research analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $239.15.

NVIDIA Price Performance

NVDA stock opened at $190.17 on Friday. NVIDIA Corporation has a 52 week low of $86.62 and a 52 week high of $212.19. The firm has a market capitalization of $4.62 trillion, a P/E ratio of 54.18, a price-to-earnings-growth ratio of 1.49 and a beta of 2.11. The company has a fifty day simple moving average of $185.60 and a two-hundred day simple moving average of $165.95. 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 earnings per share for the quarter, topping analysts’ consensus estimates of $1.01 by $0.04. The firm had revenue of $46.74 billion for 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 business’s quarterly revenue was up 55.6% on a year-over-year basis. During the same period in the previous year, the firm posted $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. Analysts anticipate that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

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

Insider Transactions at NVIDIA

In other news, Director Harvey C. Jones sold 250,000 shares of the business’s stock in a transaction that occurred on 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 transaction, the director owned 7,183,280 shares of the company’s stock, valued at approximately $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 can be accessed through the SEC website. Also, CEO Jen Hsun Huang sold 75,000 shares of the stock in a transaction on Wednesday, September 10th. The shares were sold at an average price of $177.57, for a total value of $13,317,750.00. Following the sale, the chief executive officer owned 72,248,366 shares in the company, valued at $12,829,142,350.62. The trade was a 0.10% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 3,251,577 shares of company stock worth $583,143,187. 4.17% of the stock is currently owned by company insiders.

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.