Eleva Capital SAS Purchases Shares of 41,596 NVIDIA Corporation $NVDA

Eleva Capital SAS acquired a new position in NVIDIA Corporation (NASDAQ:NVDA) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 41,596 shares of the computer hardware maker’s stock, valued at approximately $6,572,000. NVIDIA makes up approximately 1.4% of Eleva Capital SAS’s portfolio, making the stock its 4th largest position.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Center for Financial Planning Inc. grew its holdings in NVIDIA by 4.6% in the second quarter. Center for Financial Planning Inc. now owns 8,429 shares of the computer hardware maker’s stock worth $1,332,000 after purchasing an additional 367 shares during the period. Atria Investments Inc grew its stake in shares of NVIDIA by 3.2% in the 2nd quarter. Atria Investments Inc now owns 942,208 shares of the computer hardware maker’s stock valued at $148,859,000 after buying an additional 29,479 shares during the period. Fielder Capital Group LLC grew its stake in shares of NVIDIA by 9.7% in the 1st quarter. Fielder Capital Group LLC now owns 50,469 shares of the computer hardware maker’s stock valued at $5,470,000 after buying an additional 4,444 shares during the period. MADDEN SECURITIES Corp increased its position in NVIDIA by 3.2% in the 2nd quarter. MADDEN SECURITIES Corp now owns 81,322 shares of the computer hardware maker’s stock valued at $12,848,000 after buying an additional 2,484 shares in the last quarter. Finally, ORG Wealth Partners LLC boosted its holdings in NVIDIA by 7.7% in the second quarter. ORG Wealth Partners LLC now owns 49,301 shares of the computer hardware maker’s stock worth $7,560,000 after acquiring an additional 3,542 shares in the last quarter. 65.27% of the stock is owned by institutional investors and hedge funds.

NVIDIA Stock Down 2.0%

NVIDIA stock 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 company has a debt-to-equity ratio of 0.08, a quick ratio of 3.60 and a current ratio of 4.21. The firm’s 50-day simple moving average is $186.90 and its 200 day simple moving average is $170.47. The stock 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 posted its earnings results on Wednesday, November 19th. The computer hardware maker reported $1.30 EPS for the quarter, topping the consensus estimate of $1.23 by $0.07. The firm had revenue of $57.01 billion for the quarter, compared to analysts’ expectations of $54.66 billion. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The company’s quarterly revenue was up 62.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.81 EPS. NVIDIA has set its Q4 2026 guidance at EPS. Research analysts predict that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Dividend Announcement

The firm also recently disclosed 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. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. The ex-dividend date is Thursday, December 4th. NVIDIA’s dividend payout ratio is 0.99%.

Insider Activity

In related news, CEO Jen Hsun Huang sold 25,000 shares of the firm’s stock in a transaction dated 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 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 SEC, which is accessible through this link. Also, Director John Dabiri sold 626 shares of the business’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 completion of the transaction, the director owned 17,792 shares in the company, valued at approximately $3,192,240.64. The trade was a 3.40% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 3,177,203 shares of company stock valued at $570,171,004 in the last ninety days. 4.17% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on NVDA shares. Argus restated a “buy” rating and set a $220.00 price objective on shares of NVIDIA in a report on Thursday, November 20th. Bank of America boosted their price target on shares of NVIDIA from $235.00 to $275.00 and gave the company a “buy” rating in a research note on Wednesday, October 29th. Citigroup upped their price objective on shares of NVIDIA from $220.00 to $270.00 and gave the stock a “buy” rating in a report on Thursday, November 20th. DZ Bank reiterated a “buy” rating on shares of NVIDIA in a report on Thursday, November 20th. Finally, Zacks Research raised shares of NVIDIA from a “hold” rating to a “strong-buy” rating in a research report on Monday, November 24th. Five research analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price 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.