BIP Alliance LLC Grows Position in NVIDIA Corporation $NVDA

BIP Alliance LLC raised its stake in shares of NVIDIA Corporation (NASDAQ:NVDA) by 9.1% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 12,002 shares of the computer hardware maker’s stock after purchasing an additional 999 shares during the period. NVIDIA accounts for 0.7% of BIP Alliance LLC’s portfolio, making the stock its 16th largest position. BIP Alliance LLC’s holdings in NVIDIA were worth $1,896,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Harbor Asset Planning Inc. purchased a new position in shares of NVIDIA in the 2nd quarter worth $28,000. Legend Financial Advisors Inc. acquired a new stake in NVIDIA during the second quarter worth about $55,000. Kathleen S. Wright Associates Inc. increased its stake in NVIDIA by 169.3% during the first quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker’s stock worth $44,000 after acquiring an additional 254 shares during the last quarter. Westend Capital Management LLC raised its holdings in shares of NVIDIA by 46.8% in the 2nd quarter. Westend Capital Management LLC now owns 455 shares of the computer hardware maker’s stock worth $72,000 after purchasing an additional 145 shares during the period. Finally, Barnes Dennig Private Wealth Management LLC acquired a new position in shares of NVIDIA in the 1st quarter valued at about $51,000. Institutional investors and hedge funds own 65.27% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on NVDA. Rothschild & Co Redburn boosted their target price on NVIDIA from $211.00 to $245.00 and gave the stock a “buy” rating in a report on Monday. Cantor Fitzgerald reiterated an “overweight” rating and set a $300.00 price objective on shares of NVIDIA in a research note on Thursday. The Goldman Sachs Group reissued a “buy” rating and issued a $240.00 target price (up previously from $210.00) on shares of NVIDIA in a research note on Friday, October 31st. Loop Capital lifted their target price on shares of NVIDIA from $250.00 to $350.00 and gave the company a “buy” rating in a report on Monday, November 3rd. Finally, Susquehanna increased their price target on NVIDIA from $230.00 to $250.00 and gave the company a “positive” rating in a report on Thursday. Four investment analysts have rated the stock with a Strong Buy rating, forty-five have assigned a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $256.21.

Insider Activity at NVIDIA

In other NVIDIA news, CEO Jen Hsun Huang sold 25,000 shares of the company’s stock in a transaction that occurred on 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 transaction, 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 sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Colette Kress sold 27,640 shares of the firm’s stock in a transaction that occurred on Monday, November 3rd. The stock was 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 $589,182,656.26. The trade was a 0.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 3,251,577 shares of company stock worth $583,143,187 over the last 90 days. 4.17% of the stock is owned by company insiders.

NVIDIA Stock Performance

NVIDIA stock opened at $180.98 on Friday. NVIDIA Corporation has a 12-month low of $86.62 and a 12-month high of $212.19. 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 company has a market capitalization of $4.40 trillion, a price-to-earnings ratio of 51.56, a price-to-earnings-growth ratio of 1.49 and a beta of 2.11. The firm’s fifty day moving average price is $186.44 and its 200 day moving average price is $167.58.

NVIDIA (NASDAQ:NVDA) last posted its quarterly earnings data on Wednesday, November 19th. The computer hardware maker reported $1.30 earnings per share for the quarter, beating analysts’ consensus estimates of $1.23 by $0.07. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The company had revenue of $57.01 billion during the quarter, compared to analysts’ expectations of $54.66 billion. During the same period in the prior year, the company posted $0.81 EPS. The firm’s revenue for the quarter was up 62.5% on a year-over-year basis. NVIDIA has set its Q4 2026 guidance at EPS. On average, research analysts forecast that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 26th. Shareholders of record on Thursday, December 4th will be paid a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. The ex-dividend date is Thursday, December 4th. NVIDIA’s dividend payout ratio (DPR) 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.