Brian Low Financial Group LLC Takes Position in NVIDIA Corporation $NVDA

Brian Low Financial Group LLC purchased a new position in NVIDIA Corporation (NASDAQ:NVDA) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 12,411 shares of the computer hardware maker’s stock, valued at approximately $1,961,000. NVIDIA comprises 1.8% of Brian Low Financial Group LLC’s investment portfolio, making the stock its 10th largest position.

Several other institutional investors have also bought and sold shares of NVDA. Harbor Asset Planning Inc. bought a new position in shares of NVIDIA in the 2nd quarter valued at about $28,000. Legend Financial Advisors Inc. purchased a new stake in NVIDIA during the second quarter valued at approximately $55,000. Kathleen S. Wright Associates Inc. lifted its stake in shares of NVIDIA by 169.3% in the 1st quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker’s stock valued at $44,000 after purchasing an additional 254 shares during the last quarter. Westend Capital Management LLC boosted 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 bought a new position in shares of NVIDIA during the 1st quarter valued at approximately $51,000. Institutional investors own 65.27% of the company’s stock.

Insiders Place Their Bets

In related news, CFO Colette Kress sold 27,640 shares of NVIDIA stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $208.33, for a total value 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 transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Jen Hsun Huang sold 25,000 shares of the stock in a transaction dated 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 transaction, the chief executive officer owned 69,733,203 shares in the company, valued at approximately $14,498,230,235.73. The trade was a 0.04% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 3,251,577 shares of company stock valued at $583,143,187. 4.17% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

NVDA has been the subject of a number of analyst reports. Loop Capital raised their price target on NVIDIA from $250.00 to $350.00 and gave the stock a “buy” rating in a research report on Monday, November 3rd. DA Davidson reissued a “buy” rating and issued a $250.00 target price on shares of NVIDIA in a research note on Thursday. Citigroup raised their target price on shares of NVIDIA from $220.00 to $270.00 and gave the stock a “buy” rating in a report on Thursday. Wells Fargo & Company reiterated an “overweight” rating and set a $265.00 price target (up from $220.00) on shares of NVIDIA in a report on Friday, November 14th. Finally, Bank of America increased their price objective on shares of NVIDIA from $235.00 to $275.00 and gave the stock a “buy” rating in a research report on Wednesday, October 29th. Four investment analysts have rated the stock with a Strong Buy rating, forty-five have given a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, NVIDIA has an average rating of “Buy” and a consensus target price of $256.21.

NVIDIA Trading Down 3.0%

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

NVIDIA (NASDAQ:NVDA) last issued its earnings results on Wednesday, November 19th. The computer hardware maker reported $1.30 EPS for the quarter, topping 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 business had revenue of $57.01 billion for the quarter, compared to the consensus estimate of $54.66 billion. During the same period in the prior year, the firm earned $0.81 EPS. The company’s revenue for the quarter was up 62.5% compared to the same quarter last year. NVIDIA has set its Q4 2026 guidance at EPS. On average, research analysts expect that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Announces Dividend

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