Greater Midwest Financial Group LLC Has $5.27 Million Stock Position in NVIDIA Corporation $NVDA

Greater Midwest Financial Group LLC grew its position in NVIDIA Corporation (NASDAQ:NVDA) by 60.7% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 33,377 shares of the computer hardware maker’s stock after purchasing an additional 12,609 shares during the period. NVIDIA comprises approximately 4.0% of Greater Midwest Financial Group LLC’s holdings, making the stock its 9th biggest holding. Greater Midwest Financial Group LLC’s holdings in NVIDIA were worth $5,273,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in NVDA. Harbor Asset Planning Inc. acquired a new stake in shares of NVIDIA during the second quarter worth approximately $28,000. Kathleen S. Wright Associates Inc. grew its position in NVIDIA by 169.3% during the 1st quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker’s stock worth $44,000 after acquiring an additional 254 shares during the last quarter. Legend Financial Advisors Inc. bought a new stake in NVIDIA during the 2nd quarter worth approximately $55,000. Campbell Capital Management Inc. increased its holdings 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 valued at $65,000 after purchasing an additional 590 shares in the last quarter. Finally, Westend Capital Management LLC raised 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 purchasing an additional 145 shares during the last quarter. Institutional investors and hedge funds own 65.27% of the company’s stock.

NVIDIA Trading Down 2.0%

Shares of NASDAQ NVDA opened at $176.67 on Friday. NVIDIA Corporation has a fifty-two week low of $86.62 and a fifty-two week high of $212.19. The firm has a market capitalization of $4.29 trillion, a P/E ratio of 50.33, a P/E/G ratio of 1.49 and a beta of 2.11. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.21 and a quick ratio of 3.60. The company’s 50 day simple moving average is $186.90 and its 200 day simple moving average is $170.18.

NVIDIA (NASDAQ:NVDA) last issued its earnings results on Wednesday, November 19th. The computer hardware maker reported $1.30 EPS for the quarter, beating the consensus estimate of $1.23 by $0.07. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The company had revenue of $57.01 billion during the quarter, compared to analysts’ expectations of $54.66 billion. During the same quarter in the previous year, the company posted $0.81 EPS. The business’s revenue for the quarter was up 62.5% compared to the same quarter last year. NVIDIA has set its Q4 2026 guidance at EPS. On average, analysts predict that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Dividend Announcement

The business also recently announced 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. 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%.

Insider Transactions at NVIDIA

In related news, CEO Jen Hsun Huang sold 75,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 10th. The shares were sold at an average price of $177.57, for a total transaction of $13,317,750.00. Following the completion of the transaction, the chief executive officer owned 72,248,366 shares in the company, valued at approximately $12,829,142,350.62. The trade was a 0.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Mark A. Stevens sold 350,000 shares of the stock in a transaction on Friday, September 19th. The stock was sold at an average price of $176.39, for a total transaction of $61,736,500.00. Following the completion of the sale, the director owned 7,399,803 shares in the company, valued at approximately $1,305,251,251.17. This trade represents a 4.52% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 3,177,203 shares of company stock worth $570,171,004. 4.17% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

NVDA has been the subject of a number of research reports. BNP Paribas Exane raised their target price on NVIDIA from $240.00 to $250.00 and gave the company an “outperform” rating in a research note on Tuesday, November 18th. Sanford C. Bernstein restated a “buy” rating on shares of NVIDIA in a research report on Wednesday. Wall Street Zen raised shares of NVIDIA from a “hold” rating to a “buy” rating in a research note on Sunday, October 19th. New Street Research reissued a “buy” rating and set a $307.00 price target on shares of NVIDIA in a research note on Thursday, October 30th. Finally, Wedbush raised their price target on shares of NVIDIA from $210.00 to $230.00 and gave the company an “outperform” rating in a report on Thursday, November 20th. Five research 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 given a Sell rating to the stock. According to data from MarketBeat, NVIDIA has a consensus rating of “Buy” and an average price target of $258.30.

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.