BIP Wealth LLC Acquires 870 Shares of NVIDIA Corporation $NVDA

BIP Wealth LLC lifted its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA) by 3.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 28,345 shares of the computer hardware maker’s stock after purchasing an additional 870 shares during the period. BIP Wealth LLC’s holdings in NVIDIA were worth $4,478,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Kingstone Capital Partners Texas LLC boosted its stake in NVIDIA by 267,959.7% in the second quarter. Kingstone Capital Partners Texas LLC now owns 382,373,765 shares of the computer hardware maker’s stock valued at $64,976,521,000 after acquiring an additional 382,231,120 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of NVIDIA by 2.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 206,794,926 shares of the computer hardware maker’s stock worth $22,412,434,000 after purchasing an additional 5,896,735 shares during the period. Goldman Sachs Group Inc. lifted its stake in NVIDIA by 123.5% in the first quarter. Goldman Sachs Group Inc. now owns 187,995,213 shares of the computer hardware maker’s stock valued at $20,374,921,000 after purchasing an additional 103,889,872 shares during the last quarter. Nuveen LLC purchased a new position in NVIDIA in the first quarter valued at approximately $15,089,414,000. Finally, Amundi grew its holdings in NVIDIA by 16.0% during the first quarter. Amundi now owns 135,770,043 shares of the computer hardware maker’s stock valued at $13,826,199,000 after purchasing an additional 18,733,431 shares during the period. 65.27% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at NVIDIA

In other NVIDIA news, CFO Colette Kress sold 27,640 shares of NVIDIA stock in a transaction that occurred 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 completion of the sale, the chief financial officer directly owned 2,828,122 shares in the company, valued at $589,182,656.26. The trade was a 0.97% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Jen Hsun Huang sold 25,000 shares of the stock in a transaction on 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 completion of the transaction, the chief executive officer directly 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 disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 3,251,577 shares of company stock valued at $583,143,187. Corporate insiders own 4.17% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently commented on NVDA shares. HSBC set a $320.00 price target on NVIDIA and gave the company a “buy” rating in a research report on Wednesday, October 15th. Wells Fargo & Company reiterated an “overweight” rating and set a $265.00 target price (up previously from $220.00) on shares of NVIDIA in a research report on Friday, November 14th. Truist Financial boosted their price target on shares of NVIDIA from $228.00 to $255.00 and gave the company a “buy” rating in a research report on Thursday. Daiwa Capital Markets raised their price objective on shares of NVIDIA from $165.00 to $205.00 and gave the stock an “outperform” rating in a report on Wednesday, September 17th. Finally, UBS Group reiterated a “buy” rating and issued a $235.00 price objective on shares of NVIDIA in a research note on Thursday. Four research analysts have rated the stock with a Strong Buy rating, forty-five have assigned a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, NVIDIA currently has a consensus rating of “Buy” and an average price target of $256.21.

NVIDIA Stock Performance

NVIDIA stock opened at $180.98 on Friday. The firm’s 50 day simple moving average is $186.44 and its 200 day simple moving average is $167.58. The company has a current ratio of 4.21, a quick ratio of 3.60 and a debt-to-equity ratio of 0.08. NVIDIA Corporation has a 1-year low of $86.62 and a 1-year high of $212.19. The firm has a market capitalization of $4.40 trillion, a PE ratio of 51.56, a price-to-earnings-growth ratio of 1.49 and a beta of 2.11.

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

NVIDIA Announces Dividend

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