Cadinha & Co. LLC Has $23.78 Million Stock Holdings in NVIDIA Corporation $NVDA

Cadinha & Co. LLC grew its holdings in NVIDIA Corporation (NASDAQ:NVDA) by 101.4% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 150,488 shares of the computer hardware maker’s stock after purchasing an additional 75,752 shares during the quarter. NVIDIA comprises 3.9% of Cadinha & Co. LLC’s portfolio, making the stock its 10th biggest holding. Cadinha & Co. LLC’s holdings in NVIDIA were worth $23,776,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. Kingstone Capital Partners Texas LLC increased its position in NVIDIA by 267,959.7% in the 2nd 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 buying an additional 382,231,120 shares during the period. Nuveen LLC acquired a new stake in shares of NVIDIA in the first quarter worth $15,089,414,000. Goldman Sachs Group Inc. increased its position in NVIDIA by 123.5% during the first quarter. Goldman Sachs Group Inc. now owns 187,995,213 shares of the computer hardware maker’s stock worth $20,374,921,000 after acquiring an additional 103,889,872 shares during the period. Amundi increased its position in NVIDIA by 16.0% during the first quarter. Amundi now owns 135,770,043 shares of the computer hardware maker’s stock worth $13,826,199,000 after acquiring an additional 18,733,431 shares during the period. Finally, Strs Ohio acquired a new position in NVIDIA during the 1st quarter valued at $1,163,288,000. 65.27% of the stock is currently owned by institutional investors.

Insider Activity

In other NVIDIA news, CFO Colette Kress sold 27,640 shares of the company’s stock in a transaction dated 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 sale, the chief financial officer directly owned 2,828,122 shares of the company’s stock, valued at approximately $589,182,656.26. This represents a 0.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Jen Hsun Huang sold 25,000 shares of NVIDIA stock in a transaction that occurred on Wednesday, October 29th. The shares were sold at an average price of $207.91, for a total transaction of $5,197,750.00. Following the completion of the transaction, the chief executive officer owned 69,733,203 shares of the company’s stock, valued at $14,498,230,235.73. This trade represents a 0.04% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 3,251,577 shares of company stock worth $583,143,187. 4.17% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on NVDA. Robert W. Baird raised their price target on shares of NVIDIA from $195.00 to $225.00 and gave the stock an “outperform” rating in a research report on Monday, August 25th. Seaport Global Securities reiterated a “sell” rating on shares of NVIDIA in a research note on Wednesday, October 29th. Rosenblatt Securities boosted their price target on NVIDIA from $215.00 to $240.00 and gave the company a “buy” rating in a research note on Monday, November 3rd. DA Davidson set a $250.00 price target on NVIDIA and gave the company a “buy” rating in a report on Wednesday, October 29th. Finally, Oppenheimer lifted their price objective on NVIDIA from $225.00 to $265.00 and gave the stock an “outperform” rating in a report on Thursday, November 13th. Five analysts have rated the stock with a Strong Buy rating, forty have given a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of $239.30.

NVIDIA Trading Down 1.9%

NVDA stock opened at $186.60 on Tuesday. NVIDIA Corporation has a 1-year low of $86.62 and a 1-year high of $212.19. The company has a current ratio of 4.21, a quick ratio of 3.60 and a debt-to-equity ratio of 0.08. The business’s 50 day moving average is $185.97 and its 200-day moving average is $166.88. The firm has a market cap of $4.53 trillion, a P/E ratio of 53.16, a P/E/G ratio of 1.49 and a beta of 2.11.

NVIDIA (NASDAQ:NVDA) last posted its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, topping 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 business had revenue of $46.74 billion during the quarter, compared to the consensus estimate of $45.65 billion. During the same quarter last year, the company earned $0.68 EPS. NVIDIA’s revenue was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. Equities analysts anticipate that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

The company also recently announced 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 was Thursday, September 11th. NVIDIA’s payout ratio is currently 1.14%.

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.