NVIDIA Corporation $NVDA Shares Purchased by ELCO Management Co. LLC

ELCO Management Co. LLC lifted its stake in NVIDIA Corporation (NASDAQ:NVDA) by 16.3% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 23,055 shares of the computer hardware maker’s stock after purchasing an additional 3,225 shares during the quarter. NVIDIA comprises about 1.9% of ELCO Management Co. LLC’s portfolio, making the stock its 12th largest holding. ELCO Management Co. LLC’s holdings in NVIDIA were worth $3,642,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of NVDA. Fielder Capital Group LLC grew its position in NVIDIA by 9.7% during 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 period. MADDEN SECURITIES Corp raised its position in shares of NVIDIA by 3.2% in the second 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 period. ORG Wealth Partners LLC boosted its stake 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 acquiring an additional 3,542 shares in the last quarter. Sentinel Pension Advisors LLC grew its position in shares of NVIDIA by 4.1% during the 2nd quarter. Sentinel Pension Advisors LLC now owns 2,743 shares of the computer hardware maker’s stock valued at $433,000 after acquiring an additional 107 shares during the period. Finally, Winthrop Capital Management LLC grew its position in shares of NVIDIA by 4.3% during the 1st quarter. Winthrop Capital Management LLC now owns 42,746 shares of the computer hardware maker’s stock valued at $4,633,000 after acquiring an additional 1,778 shares during the period. Hedge funds and other institutional investors own 65.27% of the company’s stock.

Analyst Ratings Changes

NVDA has been the topic of a number of recent analyst reports. Sanford C. Bernstein increased their price target on NVIDIA from $255.00 to $275.00 and gave the stock an “outperform” rating in a research report on Thursday, November 20th. Arete upped their target price on NVIDIA from $244.00 to $261.00 and gave the stock a “buy” rating in a research note on Tuesday. HSBC set a $320.00 target price on NVIDIA and gave the company a “buy” rating in a research report on Wednesday, October 15th. DA Davidson reissued a “buy” rating and issued a $250.00 price target on shares of NVIDIA in a report on Thursday, November 20th. Finally, DZ Bank reaffirmed a “buy” rating on shares of NVIDIA in a report on Thursday, November 20th. Four equities research analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $258.19.

NVIDIA Stock Performance

NVDA opened at $177.82 on Wednesday. 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 $4.32 trillion, a PE ratio of 50.66, a PEG ratio of 1.49 and a beta of 2.11. 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 firm’s 50-day moving average price is $186.62 and its 200 day moving average price is $169.66.

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

NVIDIA Announces Dividend

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

Insider Buying and Selling at NVIDIA

In related news, CFO Colette Kress sold 27,640 shares of the firm’s stock in a transaction dated 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 approximately $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 Securities & Exchange Commission, which is accessible through this link. Also, CEO Jen Hsun Huang sold 25,000 shares of the business’s stock in a transaction dated 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 completion of the transaction, the chief executive officer owned 69,733,203 shares in the company, valued at $14,498,230,235.73. The trade was a 0.04% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 3,251,577 shares of company stock valued at $583,143,187. 4.17% of the stock is owned by company insiders.

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.