Atria Investments Inc Has $148.86 Million Stake in NVIDIA Corporation $NVDA

Atria Investments Inc boosted its stake in NVIDIA Corporation (NASDAQ:NVDA) by 3.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 942,208 shares of the computer hardware maker’s stock after buying an additional 29,479 shares during the period. NVIDIA accounts for approximately 1.8% of Atria Investments Inc’s investment portfolio, making the stock its 2nd largest holding. Atria Investments Inc’s holdings in NVIDIA were worth $148,859,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Harbor Asset Planning Inc. acquired a new position in NVIDIA during the 2nd quarter worth $28,000. Legend Financial Advisors Inc. bought a new stake in shares of NVIDIA during the second quarter valued at about $55,000. Kathleen S. Wright Associates Inc. lifted its holdings in NVIDIA by 169.3% in the first quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker’s stock worth $44,000 after purchasing an additional 254 shares during the period. Westend Capital Management LLC grew its position in NVIDIA by 46.8% in the 2nd quarter. Westend Capital Management LLC now owns 455 shares of the computer hardware maker’s stock valued at $72,000 after buying an additional 145 shares in the last quarter. Finally, Copia Wealth Management grew its position in NVIDIA by 14.7% in the 2nd quarter. Copia Wealth Management now owns 468 shares of the computer hardware maker’s stock valued at $74,000 after buying an additional 60 shares in the last quarter. Institutional investors and hedge funds own 65.27% of the company’s stock.

NVIDIA Stock Up 1.4%

Shares of NVIDIA stock opened at $180.26 on Thursday. The company has a current ratio of 4.21, a quick ratio of 3.60 and a debt-to-equity ratio of 0.08. NVIDIA Corporation has a 1 year low of $86.62 and a 1 year high of $212.19. The stock has a 50-day moving average price of $186.82 and a 200 day moving average price of $169.74. The company has a market cap of $4.38 trillion, a P/E ratio of 51.36, a P/E/G ratio of 1.49 and a beta of 2.11.

NVIDIA (NASDAQ:NVDA) last announced its quarterly earnings data on Wednesday, November 19th. The computer hardware maker reported $1.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.23 by $0.07. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The business had revenue of $57.01 billion during the quarter, compared to analyst estimates of $54.66 billion. During the same period last year, the company earned $0.81 earnings per share. NVIDIA’s quarterly revenue was up 62.5% compared to the same quarter last year. NVIDIA has set its Q4 2026 guidance at EPS. As a group, analysts expect 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. Shareholders of record on Thursday, December 4th will be issued a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a yield of 0.0%. The ex-dividend date is Thursday, December 4th. NVIDIA’s dividend payout ratio (DPR) is 0.99%.

Wall Street Analyst Weigh In

NVDA has been the topic of a number of research analyst reports. DZ Bank reiterated a “buy” rating on shares of NVIDIA in a research note on Thursday, November 20th. BNP Paribas raised NVIDIA to a “hold” rating in a research note on Friday, August 1st. Oppenheimer reissued an “outperform” rating and issued a $265.00 price objective on shares of NVIDIA in a research note on Thursday, November 20th. Bank of America upped their price objective on NVIDIA from $235.00 to $275.00 and gave the company a “buy” rating in a report on Wednesday, October 29th. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on NVIDIA from $180.00 to $215.00 and gave the stock a “hold” rating in a report on Thursday, November 20th. Five investment analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $258.19.

Insider Activity

In other news, Director Mark A. Stevens sold 350,000 shares of the business’s stock in a transaction on Friday, September 19th. The shares were sold at an average price of $176.39, for a total value of $61,736,500.00. Following the completion of the sale, the director directly owned 7,399,803 shares in the company, valued at approximately $1,305,251,251.17. The trade was a 4.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Harvey C. Jones sold 250,000 shares of the company’s stock in a transaction on Thursday, September 18th. The stock was sold at an average price of $176.21, for a total transaction of $44,052,500.00. Following the sale, the director directly owned 7,183,280 shares of the company’s stock, valued at approximately $1,265,765,768.80. This represents a 3.36% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 3,252,203 shares of company stock valued at $583,255,504 over the last 90 days. 4.17% of the stock is currently owned by company insiders.

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.