4WEALTH Advisors Inc. raised its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 1.6% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 20,079 shares of the computer hardware maker’s stock after purchasing an additional 311 shares during the period. NVIDIA accounts for approximately 3.2% of 4WEALTH Advisors Inc.’s investment portfolio, making the stock its 3rd biggest holding. 4WEALTH Advisors Inc.’s holdings in NVIDIA were worth $3,172,000 at the end of the most recent quarter.
A number of other institutional investors have also recently made changes to their positions in NVDA. Harbor Asset Planning Inc. purchased a new stake in shares of NVIDIA during the second quarter worth about $28,000. Kathleen S. Wright Associates Inc. boosted its stake in NVIDIA by 169.3% in the 1st 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 in the last quarter. Legend Financial Advisors Inc. acquired a new stake in NVIDIA in the 2nd quarter worth approximately $55,000. Campbell Capital Management Inc. grew its position in NVIDIA by 5,900.0% during the 1st quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker’s stock worth $65,000 after purchasing an additional 590 shares during the last quarter. Finally, Westend Capital Management LLC increased its stake in NVIDIA by 46.8% during the 2nd quarter. Westend Capital Management LLC now owns 455 shares of the computer hardware maker’s stock valued at $72,000 after purchasing an additional 145 shares in the last quarter. Institutional investors and hedge funds own 65.27% of the company’s stock.
Analyst Upgrades and Downgrades
NVDA has been the subject of several research reports. Evercore ISI set a $352.00 price objective on shares of NVIDIA and gave the stock an “outperform” rating in a research note on Thursday, November 20th. Morgan Stanley upped their target price on NVIDIA from $220.00 to $235.00 and gave the company an “overweight” rating in a research report on Thursday, November 20th. Raymond James Financial set a $272.00 price target on NVIDIA and gave the stock a “strong-buy” rating in a research report on Thursday, November 20th. Rosenblatt Securities boosted their price target on NVIDIA from $240.00 to $245.00 and gave the company a “buy” rating in a research note on Thursday, November 20th. Finally, Zacks Research raised NVIDIA from a “hold” rating to a “strong-buy” rating in a report on Monday. 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 issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $258.19.
Insider Buying and Selling
In related news, CEO Jen Hsun Huang sold 25,000 shares of the firm’s stock in a transaction 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 sale, the chief executive officer owned 69,733,203 shares in the company, valued at approximately $14,498,230,235.73. This trade represents a 0.04% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director John Dabiri sold 626 shares of the company’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 transaction, the director 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 position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 3,177,203 shares of company stock valued at $570,171,004. Corporate insiders own 4.17% of the company’s stock.
NVIDIA Stock Up 1.4%
Shares of NVDA opened at $180.26 on Friday. The company has a market capitalization 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 52 week low of $86.62 and a 52 week high of $212.19. The stock’s 50-day moving average price is $186.90 and its 200-day moving average price is $169.81. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08.
NVIDIA (NASDAQ:NVDA – Get Free Report) last announced its quarterly earnings results on Wednesday, November 19th. The computer hardware maker reported $1.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.23 by $0.07. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The company had revenue of $57.01 billion during the quarter, compared to the consensus estimate of $54.66 billion. During the same period in the previous year, the company posted $0.81 earnings per share. NVIDIA’s revenue for the quarter was up 62.5% on a year-over-year basis. NVIDIA has set its Q4 2026 guidance at EPS. On average, sell-side analysts predict that NVIDIA Corporation will post 2.77 EPS for the current year.
NVIDIA Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Friday, December 26th. Investors of record on Thursday, December 4th will be issued 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 dividend payout ratio is 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.
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