NVIDIA Corporation $NVDA is Ethic Inc.’s Largest Position

Ethic Inc. grew its stake in shares of NVIDIA Corporation (NASDAQ:NVDA) by 4.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,251,048 shares of the computer hardware maker’s stock after buying an additional 96,789 shares during the period. NVIDIA accounts for approximately 6.4% of Ethic Inc.’s portfolio, making the stock its largest holding. Ethic Inc.’s holdings in NVIDIA were worth $355,103,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of NVDA. White Lighthouse Investment Management Inc. lifted its stake in NVIDIA by 8.9% in the 2nd quarter. White Lighthouse Investment Management Inc. now owns 3,398 shares of the computer hardware maker’s stock worth $537,000 after purchasing an additional 277 shares in the last quarter. Meadow Creek Wealth Advisors LLC grew its position in shares of NVIDIA by 4.4% during the 2nd quarter. Meadow Creek Wealth Advisors LLC now owns 40,956 shares of the computer hardware maker’s stock valued at $6,471,000 after purchasing an additional 1,717 shares in the last quarter. Caliber Wealth Management LLC KS grew its position in shares of NVIDIA by 53.6% during the 2nd quarter. Caliber Wealth Management LLC KS now owns 18,689 shares of the computer hardware maker’s stock valued at $2,953,000 after purchasing an additional 6,520 shares in the last quarter. BlueChip Wealth Advisors LLC increased its stake in NVIDIA by 41.3% in the 2nd quarter. BlueChip Wealth Advisors LLC now owns 20,556 shares of the computer hardware maker’s stock worth $3,248,000 after acquiring an additional 6,009 shares during the last quarter. Finally, ARK Investment Management LLC raised its stake in NVIDIA by 186.3% in the second quarter. ARK Investment Management LLC now owns 1,013,054 shares of the computer hardware maker’s stock valued at $160,052,000 after purchasing an additional 659,207 shares in the last quarter. 65.27% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on NVDA. Cantor Fitzgerald reiterated an “overweight” rating and issued a $300.00 target price on shares of NVIDIA in a research report on Wednesday, October 29th. Loop Capital upped their price objective on NVIDIA from $250.00 to $350.00 and gave the stock a “buy” rating in a report on Monday, November 3rd. Susquehanna raised their price objective on NVIDIA from $210.00 to $230.00 and gave the company a “positive” rating in a report on Thursday. The Goldman Sachs Group restated a “buy” rating and issued a $240.00 target price (up previously from $210.00) on shares of NVIDIA in a research report on Friday, October 31st. Finally, New Street Research reiterated a “buy” rating and set a $307.00 price target on shares of NVIDIA in a research report on Thursday, October 30th. Five 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 issued a Sell rating to the stock. According to MarketBeat, NVIDIA has a consensus rating of “Buy” and a consensus price target of $239.15.

Insider Buying and Selling at NVIDIA

In related news, Director Mark A. Stevens sold 350,000 shares of the business’s stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $176.39, for a total transaction of $61,736,500.00. Following the transaction, the director owned 7,399,803 shares in the company, valued at $1,305,251,251.17. The trade was a 4.52% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Jen Hsun Huang sold 75,000 shares of the company’s stock in a transaction that occurred 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 transaction, 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. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 3,251,577 shares of company stock worth $583,143,187. 4.17% of the stock is currently owned by company insiders.

NVIDIA Price Performance

NVDA opened at $190.17 on Monday. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.21 and a quick ratio of 3.60. The stock’s 50 day simple moving average is $185.60 and its 200 day simple moving average is $166.35. The firm has a market cap of $4.62 trillion, a price-to-earnings ratio of 54.18, a PEG ratio of 1.49 and a beta of 2.11. NVIDIA Corporation has a 1 year low of $86.62 and a 1 year high of $212.19.

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

NVIDIA Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 2nd. Shareholders of record on Thursday, September 11th were given a dividend of $0.01 per share. The ex-dividend date of this dividend was Thursday, September 11th. This represents a $0.04 annualized dividend and a yield of 0.0%. NVIDIA’s dividend payout ratio is presently 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.