Astra Wealth Partners LLC Increases Stake in NVIDIA Corporation $NVDA

Astra Wealth Partners LLC raised its position in shares of NVIDIA Corporation (NASDAQ:NVDA) by 9.1% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 10,907 shares of the computer hardware maker’s stock after buying an additional 910 shares during the period. NVIDIA comprises about 1.3% of Astra Wealth Partners LLC’s investment portfolio, making the stock its 19th biggest holding. Astra Wealth Partners LLC’s holdings in NVIDIA were worth $1,723,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of NVDA. Harbor Asset Planning Inc. bought a new stake in shares of NVIDIA during the second quarter valued at approximately $28,000. Legend Financial Advisors Inc. bought a new position in NVIDIA in the second quarter worth $55,000. Kathleen S. Wright Associates Inc. lifted its position in NVIDIA by 169.3% during the first quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker’s stock valued at $44,000 after buying an additional 254 shares during the period. Westend Capital Management LLC boosted its holdings in shares of NVIDIA by 46.8% during the 2nd 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 in the last quarter. Finally, Copia Wealth Management grew its position in shares of NVIDIA by 14.7% in the 2nd quarter. Copia Wealth Management now owns 468 shares of the computer hardware maker’s stock worth $74,000 after buying an additional 60 shares during the period. Hedge funds and other institutional investors own 65.27% of the company’s stock.

Analyst Ratings Changes

Several research firms recently weighed in on NVDA. UBS Group restated a “buy” rating and issued a $235.00 price target on shares of NVIDIA in a research note on Thursday, November 20th. Rosenblatt Securities boosted their target price on NVIDIA from $240.00 to $245.00 and gave the stock a “buy” rating in a report on Thursday, November 20th. Weiss Ratings restated a “buy (b)” rating on shares of NVIDIA in a report on Tuesday, November 25th. DA Davidson reaffirmed a “buy” rating and issued a $250.00 price target on shares of NVIDIA in a research report on Thursday, November 20th. Finally, BNP Paribas Exane increased their price objective on shares of NVIDIA from $240.00 to $250.00 and gave the company an “outperform” rating in a research report on Tuesday, November 18th. Five research analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $258.30.

NVIDIA Stock Performance

NVDA opened at $176.67 on Monday. The company has a 50 day simple moving average of $186.90 and a two-hundred day simple moving average of $170.71. 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 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. NVIDIA Corporation has a 1-year low of $86.62 and a 1-year high of $212.19.

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

NVIDIA Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 26th. Shareholders of record on Thursday, December 4th will be given 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 payout ratio is 0.99%.

Insider Activity

In other NVIDIA news, CFO Colette Kress sold 27,640 shares of the company’s stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $208.33, for a total value of $5,758,241.20. Following the transaction, the chief financial officer directly owned 2,828,122 shares in the company, valued at $589,182,656.26. This represents a 0.97% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director John Dabiri sold 626 shares of the company’s stock in a transaction on Monday, November 24th. The stock was sold at an average price of $179.42, for a total value of $112,316.92. Following the completion of the sale, the director owned 17,792 shares of the company’s stock, valued at $3,192,240.64. This represents a 3.40% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 3,177,203 shares of company stock valued at $570,171,004. 4.17% of the stock is currently owned by company insiders.

NVIDIA 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.