Atlas Private Wealth Advisors Buys 1,713 Shares of NVIDIA Corporation $NVDA

Atlas Private Wealth Advisors increased its stake in shares of NVIDIA Corporation (NASDAQ:NVDA) by 9.8% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 19,174 shares of the computer hardware maker’s stock after purchasing an additional 1,713 shares during the quarter. Atlas Private Wealth Advisors’ holdings in NVIDIA were worth $3,030,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. Harbor Asset Planning Inc. purchased a new position in shares of NVIDIA during the 2nd quarter worth about $28,000. Kathleen S. Wright Associates Inc. lifted its stake 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 last quarter. Legend Financial Advisors Inc. bought a new stake in NVIDIA in the second quarter worth about $55,000. Campbell Capital Management Inc. boosted its position in shares of NVIDIA by 5,900.0% during the first quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker’s stock valued at $65,000 after buying an additional 590 shares during the period. Finally, Westend Capital Management LLC grew its stake in shares of NVIDIA by 46.8% during the second 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 during the last quarter. 65.27% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the company. Citic Securities raised their price target on NVIDIA from $237.00 to $242.00 and gave the stock a “buy” rating in a research note on Thursday, November 20th. The Goldman Sachs Group reiterated a “buy” rating and set a $240.00 target price (up from $210.00) on shares of NVIDIA in a research report on Friday, October 31st. Citigroup boosted their target price on shares of NVIDIA from $220.00 to $270.00 and gave the company a “buy” rating in a research note on Thursday, November 20th. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $265.00 price target (up previously from $220.00) on shares of NVIDIA in a research note on Friday, November 14th. Finally, Susquehanna boosted their price objective on shares of NVIDIA from $230.00 to $250.00 and gave the company a “positive” rating in a research report on Thursday, November 20th. Five research analysts have rated the stock with a Strong Buy rating, forty-six have assigned 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, the company currently has an average rating of “Buy” and an average target price of $258.30.

Insiders Place Their Bets

In related news, CEO Jen Hsun Huang sold 25,000 shares of NVIDIA stock in a transaction that occurred on Wednesday, October 29th. The shares were sold at an average price of $207.91, for a total value of $5,197,750.00. Following the completion of the sale, the chief executive officer directly owned 69,733,203 shares in the company, valued at $14,498,230,235.73. This trade represents a 0.04% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Colette Kress sold 27,640 shares of the business’s stock in a transaction that occurred on Monday, November 3rd. The stock was 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 in the company, valued at approximately $589,182,656.26. This represents a 0.97% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 3,177,203 shares of company stock valued at $570,171,004. 4.17% of the stock is currently owned by corporate insiders.

NVIDIA Trading Down 2.0%

NASDAQ NVDA opened at $176.67 on Friday. NVIDIA Corporation has a 52 week low of $86.62 and a 52 week high of $212.19. The company has a 50 day moving average price of $186.90 and a 200 day moving average price of $170.18. 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 firm has a market cap of $4.29 trillion, a PE ratio of 50.33, a price-to-earnings-growth ratio of 1.49 and a beta of 2.11.

NVIDIA (NASDAQ:NVDA) last released its quarterly earnings results 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 business had revenue of $57.01 billion for the quarter, compared to analyst estimates of $54.66 billion. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The business’s revenue for the quarter was up 62.5% on a year-over-year basis. During the same period in the previous year, the company earned $0.81 earnings per share. NVIDIA has set its Q4 2026 guidance at EPS. As a group, sell-side analysts forecast that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 26th. Shareholders of record on Thursday, December 4th will be paid a $0.01 dividend. The ex-dividend date 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 (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.