Frederick Financial Consultants LLC Acquires 970 Shares of NVIDIA Corporation $NVDA

Frederick Financial Consultants LLC boosted its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA) by 4.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 20,676 shares of the computer hardware maker’s stock after buying an additional 970 shares during the period. NVIDIA makes up about 2.0% of Frederick Financial Consultants LLC’s portfolio, making the stock its 15th largest position. Frederick Financial Consultants LLC’s holdings in NVIDIA were worth $3,267,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Kingstone Capital Partners Texas LLC boosted its stake in NVIDIA by 267,959.7% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 382,373,765 shares of the computer hardware maker’s stock valued at $64,976,521,000 after purchasing an additional 382,231,120 shares during the last quarter. Nuveen LLC bought a new position in shares of NVIDIA in the first quarter valued at approximately $15,089,414,000. Goldman Sachs Group Inc. lifted its holdings in shares of NVIDIA by 123.5% in the first quarter. Goldman Sachs Group Inc. now owns 187,995,213 shares of the computer hardware maker’s stock valued at $20,374,921,000 after purchasing an additional 103,889,872 shares in the last quarter. Amundi boosted its position in shares of NVIDIA by 16.0% during the first quarter. Amundi now owns 135,770,043 shares of the computer hardware maker’s stock valued at $13,826,199,000 after buying an additional 18,733,431 shares during the last quarter. Finally, Strs Ohio bought a new stake in NVIDIA during the first quarter worth $1,163,288,000. 65.27% of the stock is owned by institutional investors.

NVIDIA Trading Down 2.0%

Shares of NVDA stock opened at $176.67 on Friday. 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 P/E ratio of 50.33, a PEG ratio of 1.49 and a beta of 2.11. The company has a 50 day moving average of $186.90 and a 200-day moving average of $170.47. NVIDIA Corporation has a 12-month low of $86.62 and a 12-month high of $212.19.

NVIDIA (NASDAQ:NVDA) last posted its quarterly earnings data 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 return on equity of 101.74% and a net margin of 52.41%.The business had revenue of $57.01 billion for the quarter, compared to the consensus estimate of $54.66 billion. During the same quarter in the prior year, the business earned $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. Sell-side analysts anticipate that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 26th. Investors of record on Thursday, December 4th will be issued a $0.01 dividend. The ex-dividend date of this dividend is Thursday, December 4th. This represents a $0.04 annualized dividend and a yield of 0.0%. NVIDIA’s dividend payout ratio (DPR) is 0.99%.

Insider Activity at NVIDIA

In other news, CEO Jen Hsun Huang sold 25,000 shares of the business’s 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 sale, the chief executive officer owned 69,733,203 shares of the company’s stock, valued at $14,498,230,235.73. The trade was a 0.04% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director John Dabiri sold 626 shares of the company’s stock in a transaction that occurred on Monday, November 24th. The shares were sold at an average price of $179.42, for a total transaction of $112,316.92. Following the sale, the director owned 17,792 shares in the company, valued at $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. In the last three months, insiders have sold 3,177,203 shares of company stock worth $570,171,004. Company insiders own 4.17% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. S&P Equity Research restated a “positive” rating on shares of NVIDIA in a research note on Wednesday, October 22nd. Rothschild & Co Redburn raised their price target on shares of NVIDIA from $211.00 to $245.00 and gave the company a “buy” rating in a research report on Monday, November 17th. HSBC set a $320.00 price target on shares of NVIDIA and gave the stock a “buy” rating in a report on Wednesday, October 15th. UBS Group reiterated a “buy” rating and issued a $235.00 price objective on shares of NVIDIA in a research note on Thursday, November 20th. Finally, CICC Research boosted their target price on NVIDIA from $200.00 to $228.00 and gave the stock an “outperform” rating in a research note on Friday, November 21st. Five research 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. According to data from MarketBeat, the stock has a consensus 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.