Brighton Jones LLC Has $69.56 Million Stock Holdings in NVIDIA Corporation $NVDA

Brighton Jones LLC increased its position in NVIDIA Corporation (NASDAQ:NVDA) by 14.4% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 440,295 shares of the computer hardware maker’s stock after acquiring an additional 55,394 shares during the period. NVIDIA makes up 1.9% of Brighton Jones LLC’s portfolio, making the stock its 5th biggest position. Brighton Jones LLC’s holdings in NVIDIA were worth $69,562,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Harbor Asset Planning Inc. acquired a new stake in NVIDIA in the 2nd quarter valued at approximately $28,000. Kathleen S. Wright Associates Inc. increased its holdings in shares of NVIDIA by 169.3% during the first 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 period. Barnes Dennig Private Wealth Management LLC bought a new stake in shares of NVIDIA during the first quarter valued at about $51,000. Legend Financial Advisors Inc. acquired a new stake in NVIDIA in the second quarter worth about $55,000. Finally, Campbell Capital Management Inc. grew its position in NVIDIA by 5,900.0% in the 1st quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker’s stock valued at $65,000 after buying an additional 590 shares in the last quarter. 65.27% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other NVIDIA news, CEO Jen Hsun Huang sold 25,000 shares of the business’s stock in a transaction 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 sale, the chief executive officer directly owned 69,733,203 shares of the company’s stock, valued at $14,498,230,235.73. The trade was a 0.04% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Colette Kress sold 27,640 shares of the firm’s stock in a transaction on 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 of the company’s stock, valued at approximately $589,182,656.26. This trade represents a 0.97% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 3,251,577 shares of company stock worth $583,143,187 in the last 90 days. 4.17% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of research firms have commented on NVDA. BNP Paribas Exane boosted their price target on shares of NVIDIA from $240.00 to $250.00 and gave the stock an “outperform” rating in a research report on Tuesday. Rosenblatt Securities raised their price objective on shares of NVIDIA from $240.00 to $245.00 and gave the company a “buy” rating in a research note on Thursday. Daiwa Capital Markets upped their target price on NVIDIA from $165.00 to $205.00 and gave the stock an “outperform” rating in a research report on Wednesday, September 17th. Benchmark increased their price target on NVIDIA from $220.00 to $250.00 and gave the company a “buy” rating in a research note on Thursday. Finally, Oppenheimer reissued an “outperform” rating and issued a $265.00 price objective on shares of NVIDIA in a research note on Thursday. Four investment analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $257.79.

NVIDIA Stock Performance

NVDA opened at $178.88 on Friday. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08. The firm has a market cap of $4.35 trillion, a PE ratio of 50.96, a P/E/G ratio of 1.49 and a beta of 2.11. The business has a fifty day simple moving average of $186.46 and a 200-day simple moving average of $168.03. NVIDIA Corporation has a fifty-two week low of $86.62 and a fifty-two week high of $212.19.

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

NVIDIA Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, December 26th. Stockholders of record on Thursday, December 4th will be given a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. The ex-dividend date of this dividend is Thursday, December 4th. NVIDIA’s dividend payout ratio (DPR) is 0.99%.

NVIDIA Company 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.