NVIDIA Corporation $NVDA Shares Purchased by Amplius Wealth Advisors LLC

Amplius Wealth Advisors LLC increased its stake in NVIDIA Corporation (NASDAQ:NVDA) by 15.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,936 shares of the computer hardware maker’s stock after acquiring an additional 2,857 shares during the period. Amplius Wealth Advisors LLC’s holdings in NVIDIA were worth $3,308,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Harbor Asset Planning Inc. purchased a new position in NVIDIA in the second quarter valued at $28,000. Legend Financial Advisors Inc. acquired a new position in shares of NVIDIA during the 2nd quarter worth about $55,000. Kathleen S. Wright Associates Inc. increased its holdings in shares of NVIDIA by 169.3% in the 1st quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker’s stock valued at $44,000 after acquiring an additional 254 shares during the last quarter. Westend Capital Management LLC raised its position in shares of NVIDIA by 46.8% during the 2nd quarter. Westend Capital Management LLC now owns 455 shares of the computer hardware maker’s stock worth $72,000 after acquiring an additional 145 shares in the last quarter. Finally, Copia Wealth Management raised its position in shares of NVIDIA by 14.7% during the 2nd quarter. Copia Wealth Management now owns 468 shares of the computer hardware maker’s stock worth $74,000 after acquiring an additional 60 shares in the last quarter. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other NVIDIA news, Director John Dabiri sold 626 shares of the business’s stock in a transaction dated Monday, November 24th. The stock was sold at an average price of $179.42, for a total transaction of $112,316.92. Following the completion of the sale, the director owned 17,792 shares of the company’s stock, valued at approximately $3,192,240.64. The trade was a 3.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Jen Hsun Huang sold 25,000 shares of the firm’s stock in a transaction that occurred on 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 position. The disclosure for this sale is available in the SEC filing. Insiders sold 3,177,203 shares of company stock valued at $570,171,004 in the last ninety days. Company insiders own 4.17% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the stock. HSBC set a $320.00 target price on shares of NVIDIA and gave the company a “buy” rating in a research report on Wednesday, October 15th. TD Cowen lifted their target price on NVIDIA from $140.00 to $235.00 and gave the stock a “buy” rating in a research report on Tuesday, August 19th. Wolfe Research upped their target price on NVIDIA from $230.00 to $250.00 and gave the company an “outperform” rating in a research report on Thursday, November 20th. Bank of America lifted their price target on NVIDIA from $235.00 to $275.00 and gave the stock a “buy” rating in a research report on Wednesday, October 29th. Finally, Rosenblatt Securities boosted their price objective on NVIDIA from $240.00 to $245.00 and gave the company a “buy” rating in a research note on Thursday, November 20th. Five 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 issued a Sell rating to the company. According to MarketBeat, NVIDIA currently has a consensus rating of “Buy” and a consensus price target of $258.19.

NVIDIA Stock Up 1.4%

NVDA opened at $180.26 on Friday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.60 and a current ratio of 4.21. The company has a market cap of $4.38 trillion, a price-to-earnings ratio of 51.36, a PEG ratio of 1.49 and a beta of 2.11. NVIDIA Corporation has a one year low of $86.62 and a one year high of $212.19. The business’s fifty day moving average is $186.90 and its two-hundred day moving average is $169.81.

NVIDIA (NASDAQ:NVDA) last issued 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. The firm had revenue of $57.01 billion during the quarter, compared to the consensus estimate of $54.66 billion. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The company’s quarterly revenue was up 62.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.81 EPS. NVIDIA has set its Q4 2026 guidance at EPS. Analysts anticipate that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Announces Dividend

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 $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%.

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.