Birch Hill Investment Advisors LLC lifted its stake in NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 32.8% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 66,318 shares of the computer hardware maker’s stock after buying an additional 16,372 shares during the period. Birch Hill Investment Advisors LLC’s holdings in NVIDIA were worth $10,478,000 at the end of the most recent reporting period.
Several other institutional investors have also bought and sold shares of the stock. Harbor Asset Planning Inc. bought a new stake in shares of NVIDIA in the 2nd quarter worth about $28,000. Kathleen S. Wright Associates Inc. boosted its position in NVIDIA by 169.3% in the first 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. Barnes Dennig Private Wealth Management LLC bought a new stake in NVIDIA during the first quarter worth about $51,000. Legend Financial Advisors Inc. acquired a new stake in shares of NVIDIA during the second quarter worth approximately $55,000. Finally, Campbell Capital Management Inc. raised its stake in shares of NVIDIA by 5,900.0% in the first quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker’s stock valued at $65,000 after acquiring an additional 590 shares during the last quarter. Institutional investors and hedge funds own 65.27% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research firms recently commented on NVDA. Jefferies Financial Group increased their price target on NVIDIA from $220.00 to $240.00 and gave the stock a “buy” rating in a research report on Tuesday, November 4th. Craig Hallum increased their price target on shares of NVIDIA from $195.00 to $245.00 and gave the company a “buy” rating in a research note on Thursday, August 28th. DA Davidson set a $250.00 price objective on NVIDIA and gave the stock a “buy” rating in a report on Wednesday, October 29th. New Street Research restated a “buy” rating and set a $307.00 target price on shares of NVIDIA in a research report on Thursday, October 30th. Finally, Seaport Global Securities reaffirmed a “sell” rating on shares of NVIDIA in a research note on Wednesday, October 29th. Five research analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $239.15.
Insider Transactions at NVIDIA
In other news, CEO Jen Hsun Huang sold 25,000 shares of NVIDIA stock in a transaction dated 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 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 transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Colette Kress sold 27,640 shares of the stock in a transaction that occurred 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 sale, the chief financial officer directly owned 2,828,122 shares of the company’s stock, valued at approximately $589,182,656.26. The trade was a 0.97% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 3,251,577 shares of company stock worth $583,143,187. 4.17% of the stock is currently owned by insiders.
NVIDIA Stock Up 1.8%
Shares of NASDAQ NVDA opened at $190.17 on Monday. The firm has a 50 day moving average price of $185.60 and a 200 day moving average price of $166.35. 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 stock has a market cap of $4.62 trillion, a P/E ratio of 54.18, a P/E/G ratio of 1.49 and a beta of 2.11. NVIDIA Corporation has a 52-week low of $86.62 and a 52-week high of $212.19.
NVIDIA (NASDAQ:NVDA – Get Free Report) last announced its quarterly 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. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The company had revenue of $46.74 billion for the quarter, compared to analysts’ expectations of $45.65 billion. During the same period last year, the firm posted $0.68 earnings per share. The business’s quarterly revenue was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. Analysts expect that NVIDIA Corporation will post 2.77 EPS for the current year.
NVIDIA Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Thursday, October 2nd. Shareholders of record on Thursday, September 11th were issued a $0.01 dividend. 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 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.
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