Ferguson Shapiro LLC Makes New Investment in NVIDIA Corporation $NVDA

Ferguson Shapiro LLC bought a new position in shares of NVIDIA Corporation (NASDAQ:NVDA) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 1,744 shares of the computer hardware maker’s stock, valued at approximately $275,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Fielder Capital Group LLC lifted its position in NVIDIA by 9.7% in the first quarter. Fielder Capital Group LLC now owns 50,469 shares of the computer hardware maker’s stock valued at $5,470,000 after buying an additional 4,444 shares during the last quarter. MADDEN SECURITIES Corp lifted its holdings in shares of NVIDIA by 3.2% in the 2nd quarter. MADDEN SECURITIES Corp now owns 81,322 shares of the computer hardware maker’s stock worth $12,848,000 after acquiring an additional 2,484 shares during the last quarter. ORG Wealth Partners LLC boosted its position in shares of NVIDIA by 7.7% during the 2nd quarter. ORG Wealth Partners LLC now owns 49,301 shares of the computer hardware maker’s stock worth $7,560,000 after purchasing an additional 3,542 shares during the period. Sentinel Pension Advisors LLC increased its holdings in NVIDIA by 4.1% in the 2nd quarter. Sentinel Pension Advisors LLC now owns 2,743 shares of the computer hardware maker’s stock valued at $433,000 after purchasing an additional 107 shares during the last quarter. Finally, Winthrop Capital Management LLC raised its position in NVIDIA by 4.3% in the first quarter. Winthrop Capital Management LLC now owns 42,746 shares of the computer hardware maker’s stock valued at $4,633,000 after purchasing an additional 1,778 shares during the period. 65.27% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. Rothschild & Co Redburn raised their price target on NVIDIA from $211.00 to $245.00 and gave the stock a “buy” rating in a research report on Monday, November 17th. Loop Capital raised their target price on NVIDIA from $250.00 to $350.00 and gave the company a “buy” rating in a report on Monday, November 3rd. DZ Bank reaffirmed a “buy” rating on shares of NVIDIA in a research report on Thursday, November 20th. Weiss Ratings reissued a “buy (b-)” rating on shares of NVIDIA in a research report on Thursday, November 13th. Finally, The Goldman Sachs Group reissued a “buy” rating and issued a $240.00 price objective (up previously from $210.00) on shares of NVIDIA in a research note on Friday, October 31st. Four equities research analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, NVIDIA currently has an average rating of “Buy” and a consensus target price of $257.79.

Insider Activity at NVIDIA

In other news, Director Harvey C. Jones sold 250,000 shares of the company’s stock in a transaction on Thursday, September 18th. The shares were sold at an average price of $176.21, for a total value of $44,052,500.00. Following the completion of the transaction, the director owned 7,183,280 shares in the company, valued at approximately $1,265,765,768.80. This represents a 3.36% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Jen Hsun Huang sold 75,000 shares of NVIDIA stock in a transaction on Wednesday, September 10th. The stock was sold at an average price of $177.57, for a total transaction of $13,317,750.00. Following the sale, the chief executive officer owned 72,248,366 shares in the company, valued at $12,829,142,350.62. This represents a 0.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 3,251,577 shares of company stock valued at $583,143,187 over the last three months. 4.17% of the stock is owned by corporate insiders.

NVIDIA Price Performance

NVIDIA stock opened at $182.55 on Tuesday. The company has a current ratio of 4.21, a quick ratio of 3.60 and a debt-to-equity ratio of 0.08. The company has a fifty day simple moving average of $186.56 and a 200-day simple moving average of $169.23. The stock has a market cap of $4.44 trillion, a P/E ratio of 52.01, a price-to-earnings-growth ratio of 1.49 and a beta of 2.11. NVIDIA Corporation has a 12-month low of $86.62 and a 12-month high of $212.19.

NVIDIA (NASDAQ:NVDA) last posted its quarterly earnings results 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. The company had revenue of $57.01 billion for the quarter, compared to analysts’ expectations of $54.66 billion. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.NVIDIA’s quarterly revenue was up 62.5% on a year-over-year basis. During the same period last year, the firm earned $0.81 earnings per share. NVIDIA has set its Q4 2026 guidance at EPS. Equities analysts expect that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 26th. Investors of record on Thursday, December 4th will be paid a dividend of $0.01 per share. The ex-dividend date is Thursday, December 4th. This represents a $0.04 annualized dividend and a yield of 0.0%. NVIDIA’s payout ratio is presently 0.99%.

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.