Center for Financial Planning Inc. Has $1.33 Million Holdings in NVIDIA Corporation $NVDA

Center for Financial Planning Inc. increased its holdings in NVIDIA Corporation (NASDAQ:NVDA) by 4.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 8,429 shares of the computer hardware maker’s stock after purchasing an additional 367 shares during the quarter. Center for Financial Planning Inc.’s holdings in NVIDIA were worth $1,332,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of NVDA. Twin City Private Wealth LLC grew its position in shares of NVIDIA by 2.0% in the 2nd quarter. Twin City Private Wealth LLC now owns 4,297 shares of the computer hardware maker’s stock valued at $679,000 after buying an additional 85 shares during the last quarter. Balentine LLC lifted its stake in shares of NVIDIA by 43.1% in the second quarter. Balentine LLC now owns 33,947 shares of the computer hardware maker’s stock worth $5,363,000 after acquiring an additional 10,227 shares during the period. Hutchinson Financial Advisors INC bought a new stake in NVIDIA in the second quarter valued at approximately $470,000. Syverson Strege & Co increased its position in NVIDIA by 290.6% during the 2nd quarter. Syverson Strege & Co now owns 20,133 shares of the computer hardware maker’s stock valued at $3,181,000 after purchasing an additional 14,978 shares during the period. Finally, Rede Wealth LLC raised its holdings in NVIDIA by 0.6% during the 2nd quarter. Rede Wealth LLC now owns 31,406 shares of the computer hardware maker’s stock worth $4,962,000 after purchasing an additional 186 shares during the last quarter. 65.27% of the stock is owned by institutional investors.

Insider Activity at NVIDIA

In related news, Director John Dabiri sold 626 shares of the firm’s stock in a transaction dated Monday, November 24th. The shares were sold at an average price of $179.42, for a total transaction of $112,316.92. Following the transaction, the director directly owned 17,792 shares of the company’s stock, valued at $3,192,240.64. This trade represents a 3.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Jen Hsun Huang sold 25,000 shares of the business’s stock in a transaction dated Wednesday, October 29th. The stock was sold at an average price of $207.91, for a total transaction of $5,197,750.00. Following the transaction, 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 SEC filing for this sale provides additional information. In the last three months, insiders sold 3,177,203 shares of company stock valued at $570,171,004. 4.17% of the stock is owned by insiders.

NVIDIA Stock Down 2.0%

NVIDIA stock opened at $176.67 on Friday. The firm has a market capitalization of $4.29 trillion, a price-to-earnings ratio of 50.33, a price-to-earnings-growth ratio of 1.49 and a beta of 2.11. The firm’s fifty day moving average price is $186.90 and its two-hundred day moving average price is $170.18. NVIDIA Corporation has a 1-year low of $86.62 and a 1-year high of $212.19. 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 (NASDAQ:NVDA) last posted its earnings results on Wednesday, November 19th. The computer hardware maker reported $1.30 earnings per share for the quarter, topping analysts’ consensus estimates of $1.23 by $0.07. The company 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 firm’s revenue was up 62.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.81 EPS. NVIDIA has set its Q4 2026 guidance at EPS. On average, equities research analysts predict that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

The business 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 is Thursday, December 4th. This represents a $0.04 annualized dividend and a yield of 0.0%. NVIDIA’s dividend payout ratio is 0.99%.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on NVDA. Truist Financial upped their price objective on shares of NVIDIA from $228.00 to $255.00 and gave the company a “buy” rating in a research note on Thursday, November 20th. President Capital upped their price target on shares of NVIDIA from $240.00 to $245.00 and gave the company a “buy” rating in a research report on Friday. Seaport Global Securities lifted their price objective on NVIDIA from $100.00 to $140.00 and gave the stock a “sell” rating in a research report on Monday, November 17th. Morgan Stanley boosted their price objective on NVIDIA from $220.00 to $235.00 and gave the company an “overweight” rating in a research note on Thursday, November 20th. Finally, Deutsche Bank Aktiengesellschaft raised their target price on NVIDIA from $180.00 to $215.00 and gave the stock a “hold” rating in a research note on Thursday, November 20th. Five investment analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, NVIDIA currently has an average rating of “Buy” and an average target price of $258.30.

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.