Assetmark Inc. Raises Holdings in NVIDIA Corporation $NVDA

Assetmark Inc. raised its holdings in NVIDIA Corporation (NASDAQ:NVDA) by 1.9% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,639,595 shares of the computer hardware maker’s stock after purchasing an additional 105,497 shares during the quarter. NVIDIA accounts for 2.1% of Assetmark Inc.’s investment portfolio, making the stock its 4th largest position. Assetmark Inc.’s holdings in NVIDIA were worth $891,000,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in NVDA. Brighton Jones LLC lifted its holdings in NVIDIA by 12.4% during the fourth quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker’s stock valued at $43,631,000 after purchasing an additional 35,815 shares during the last quarter. Bank Pictet & Cie Europe AG raised its holdings in shares of NVIDIA by 1.0% in the 4th quarter. Bank Pictet & Cie Europe AG now owns 2,346,417 shares of the computer hardware maker’s stock valued at $315,100,000 after acquiring an additional 22,929 shares in the last quarter. Highview Capital Management LLC DE lifted its position in NVIDIA by 6.7% during the fourth quarter. Highview Capital Management LLC DE now owns 58,396 shares of the computer hardware maker’s stock valued at $7,842,000 after purchasing an additional 3,653 shares during the last quarter. Hudson Value Partners LLC lifted its holdings in shares of NVIDIA by 30.7% during the 4th quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker’s stock worth $6,805,000 after acquiring an additional 11,900 shares during the last quarter. Finally, Wealth Group Ltd. boosted its holdings in shares of NVIDIA by 15.7% in the 1st quarter. Wealth Group Ltd. now owns 6,598 shares of the computer hardware maker’s stock worth $715,000 after purchasing an additional 896 shares in the last quarter. 65.27% of the stock is owned by hedge funds and other institutional investors.

NVIDIA Stock Performance

Shares of NVDA stock opened at $180.26 on Thursday. 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 company has a 50 day moving average price of $186.82 and a 200-day moving average price of $169.74. NVIDIA Corporation has a 52 week low of $86.62 and a 52 week high of $212.19. The firm has a market capitalization of $4.38 trillion, a PE ratio of 51.36, a P/E/G ratio of 1.49 and a beta of 2.11.

NVIDIA (NASDAQ:NVDA) last issued its quarterly earnings data 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. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The company had revenue of $57.01 billion for the quarter, compared to the consensus estimate of $54.66 billion. During the same quarter in the prior year, the firm earned $0.81 earnings per share. The firm’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. As a group, equities research analysts expect that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Dividend Announcement

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

Analyst Ratings Changes

A number of brokerages have recently issued reports on NVDA. Susquehanna raised their price objective on NVIDIA from $230.00 to $250.00 and gave the company a “positive” rating in a research note on Thursday, November 20th. Needham & Company LLC reissued a “buy” rating and set a $240.00 price objective on shares of NVIDIA in a research report on Thursday, November 20th. Piper Sandler set a $225.00 price objective on shares of NVIDIA and gave the stock an “overweight” rating in a report on Wednesday, August 13th. President Capital raised their target price on shares of NVIDIA from $210.00 to $240.00 and gave the company a “buy” rating in a research note on Thursday, October 30th. Finally, JPMorgan Chase & Co. boosted their price target on NVIDIA from $215.00 to $250.00 and gave the stock an “overweight” rating in a research report on Thursday, November 20th. Five 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 given a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $258.19.

Insider Buying and Selling

In other NVIDIA news, Director John Dabiri sold 626 shares of the firm’s stock in a transaction dated Monday, November 24th. The stock was sold at an average price of $179.42, for a total value of $112,316.92. Following the transaction, the director directly owned 17,792 shares of the company’s stock, valued at approximately $3,192,240.64. This trade represents a 3.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Colette Kress sold 27,640 shares of the company’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 sale, the chief financial officer directly owned 2,828,122 shares of the company’s stock, valued at $589,182,656.26. The trade was a 0.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 3,252,203 shares of company stock valued at $583,255,504 over the last 90 days. Company insiders own 4.17% of the company’s stock.

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.