BlueChip Wealth Advisors LLC lifted its stake in NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 41.3% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 20,556 shares of the computer hardware maker’s stock after purchasing an additional 6,009 shares during the quarter. NVIDIA accounts for about 1.3% of BlueChip Wealth Advisors LLC’s investment portfolio, making the stock its 20th largest holding. BlueChip Wealth Advisors LLC’s holdings in NVIDIA were worth $3,248,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors have also recently bought and sold shares of NVDA. Brighton Jones LLC lifted its position in shares of NVIDIA by 12.4% in the 4th quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker’s stock valued at $43,631,000 after acquiring an additional 35,815 shares in the last quarter. Bank Pictet & Cie Europe AG grew its position in 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 worth $315,100,000 after purchasing an additional 22,929 shares in the last quarter. Highview Capital Management LLC DE raised its stake in 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 holdings in shares of NVIDIA by 30.7% in the fourth quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker’s stock valued at $6,805,000 after purchasing an additional 11,900 shares in the last quarter. Finally, Wealth Group Ltd. lifted its holdings in shares of NVIDIA by 15.7% in the first quarter. Wealth Group Ltd. now owns 6,598 shares of the computer hardware maker’s stock valued at $715,000 after purchasing an additional 896 shares in the last quarter. Hedge funds and other institutional investors own 65.27% of the company’s stock.
Analysts Set New Price Targets
NVDA has been the topic of a number of research analyst reports. Mizuho set a $235.00 price target on NVIDIA in a report on Wednesday, October 29th. Craig Hallum lifted their target price on 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 target price on NVIDIA and gave the company a “buy” rating in a report on Wednesday, October 29th. HSBC set a $320.00 price target on shares of NVIDIA and gave the stock a “buy” rating in a research report on Wednesday, October 15th. Finally, Evercore ISI set a $261.00 price objective on shares of NVIDIA and gave the company an “outperform” rating in a research report on Wednesday, October 29th. Five equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, NVIDIA has an average rating of “Buy” and an average price target of $239.15.
NVIDIA Trading Up 1.8%
NASDAQ:NVDA opened at $190.17 on Monday. The company has a market capitalization 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. The stock’s 50 day moving average price is $185.60 and its 200 day moving average price is $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. 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 posted its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $46.74 billion during the quarter, compared to analysts’ expectations of $45.65 billion. During the same period in the previous year, the company earned $0.68 earnings per share. The company’s revenue was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. On average, research analysts forecast that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.
NVIDIA Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 2nd. Investors of record on Thursday, September 11th were issued a $0.01 dividend. The ex-dividend date 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%.
Insiders Place Their Bets
In other NVIDIA news, CFO Colette Kress sold 27,640 shares of the stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $208.33, for a total transaction of $5,758,241.20. Following the transaction, the chief financial officer directly owned 2,828,122 shares of the company’s stock, valued at $589,182,656.26. This represents a 0.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Jen Hsun Huang sold 25,000 shares of the business’s stock in a transaction dated 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 completion of the sale, the chief executive officer directly owned 69,733,203 shares of the company’s stock, valued at $14,498,230,235.73. This represents a 0.04% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 3,251,577 shares of company stock valued at $583,143,187 over the last quarter. 4.17% of the stock is currently owned by corporate 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.
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