Fairfield Financial Advisors LTD Buys 2,191 Shares of NVIDIA Corporation $NVDA

Fairfield Financial Advisors LTD grew its stake in shares of NVIDIA Corporation (NASDAQ:NVDA) by 17.7% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 14,549 shares of the computer hardware maker’s stock after acquiring an additional 2,191 shares during the period. NVIDIA comprises 0.8% of Fairfield Financial Advisors LTD’s investment portfolio, making the stock its 29th biggest position. Fairfield Financial Advisors LTD’s holdings in NVIDIA were worth $2,299,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently modified their holdings of NVDA. Morton Brown Family Wealth LLC raised its stake in shares of NVIDIA by 1.5% in the second quarter. Morton Brown Family Wealth LLC now owns 3,928 shares of the computer hardware maker’s stock valued at $621,000 after buying an additional 58 shares during the period. Roof Eidam Maycock Peralta LLC raised its stake in NVIDIA by 0.3% in the 2nd quarter. Roof Eidam Maycock Peralta LLC now owns 20,903 shares of the computer hardware maker’s stock valued at $3,302,000 after acquiring an additional 58 shares during the period. Alpha Wealth Funds LLC raised its stake in NVIDIA by 1.3% in the 2nd quarter. Alpha Wealth Funds LLC now owns 4,634 shares of the computer hardware maker’s stock valued at $732,000 after acquiring an additional 59 shares during the period. Copia Wealth Management lifted its holdings in NVIDIA by 14.7% during the second quarter. Copia Wealth Management now owns 468 shares of the computer hardware maker’s stock valued at $74,000 after purchasing an additional 60 shares during the last quarter. Finally, BKM Wealth Management LLC boosted its position in NVIDIA by 1.1% during the second quarter. BKM Wealth Management LLC now owns 5,745 shares of the computer hardware maker’s stock worth $908,000 after purchasing an additional 60 shares during the period. Institutional investors own 65.27% of the company’s stock.

Wall Street Analysts Forecast Growth

NVDA has been the topic of a number of recent research reports. Hsbc Global Res upgraded shares of NVIDIA from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 15th. S&P Equity Research restated a “positive” rating on shares of NVIDIA in a research report on Wednesday, October 22nd. DA Davidson reaffirmed a “buy” rating and issued a $250.00 price target on shares of NVIDIA in a report on Thursday, November 20th. Wells Fargo & Company reiterated an “overweight” rating and set a $265.00 price objective (up from $220.00) on shares of NVIDIA in a research note on Friday, November 14th. Finally, Bank of America increased their price objective on NVIDIA from $235.00 to $275.00 and gave the stock a “buy” rating in a report on Wednesday, October 29th. Four research analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of $257.79.

Insider Buying and Selling at NVIDIA

In other NVIDIA news, CFO Colette Kress sold 27,640 shares of the firm’s stock in a transaction dated 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 owned 2,828,122 shares in the company, valued at $589,182,656.26. This trade represents a 0.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Jen Hsun Huang sold 25,000 shares of NVIDIA stock in a transaction dated 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 sale, the chief executive officer directly owned 69,733,203 shares of the company’s stock, valued at approximately $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 90 days, insiders have sold 3,251,577 shares of company stock worth $583,143,187. Corporate insiders own 4.17% of the company’s stock.

NVIDIA Price Performance

Shares of NASDAQ NVDA opened at $182.55 on Tuesday. The stock’s 50-day simple moving average is $186.56 and its two-hundred day simple moving average is $169.23. NVIDIA Corporation has a twelve month low of $86.62 and a twelve month high of $212.19. The firm has a market capitalization of $4.44 trillion, a P/E ratio of 52.01, a P/E/G ratio of 1.49 and a beta of 2.11. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08.

NVIDIA (NASDAQ:NVDA) last issued its quarterly earnings data on Wednesday, November 19th. The computer hardware maker reported $1.30 EPS for the quarter, topping the consensus estimate of $1.23 by $0.07. The company had revenue of $57.01 billion during the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.81 earnings per share. NVIDIA has set its Q4 2026 guidance at EPS. As a group, equities analysts anticipate that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, December 26th. Stockholders 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 dividend on an annualized basis and a dividend yield of 0.0%. NVIDIA’s dividend payout ratio is presently 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.