Intellectus Partners LLC Increases Holdings in NVIDIA Corporation $NVDA

Intellectus Partners LLC grew its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA) by 2.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 68,745 shares of the computer hardware maker’s stock after acquiring an additional 1,750 shares during the quarter. NVIDIA comprises 2.3% of Intellectus Partners LLC’s investment portfolio, making the stock its 5th largest position. Intellectus Partners LLC’s holdings in NVIDIA were worth $10,862,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of NVDA. Kingstone Capital Partners Texas LLC raised its position in shares of 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 buying an additional 382,231,120 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in NVIDIA by 2.9% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 206,794,926 shares of the computer hardware maker’s stock valued at $22,412,434,000 after purchasing an additional 5,896,735 shares in the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of NVIDIA by 123.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 187,995,213 shares of the computer hardware maker’s stock worth $20,374,921,000 after purchasing an additional 103,889,872 shares in the last quarter. Nuveen LLC purchased a new position in shares of NVIDIA in the 1st quarter worth about $15,089,414,000. Finally, Amundi raised its holdings in shares of NVIDIA by 16.0% during the 1st 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 in the last quarter. 65.27% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have commented on NVDA. Wall Street Zen upgraded shares of NVIDIA from a “hold” rating to a “buy” rating in a research report on Sunday, October 19th. Rosenblatt Securities lifted their target price on shares of NVIDIA from $240.00 to $245.00 and gave the stock a “buy” rating in a research report on Thursday, November 20th. Weiss Ratings restated a “buy (b)” rating on shares of NVIDIA in a research report on Tuesday, November 25th. TD Cowen lifted their price objective on NVIDIA from $140.00 to $235.00 and gave the stock a “buy” rating in a report on Tuesday, August 19th. Finally, S&P Equity Research restated a “positive” rating on shares of NVIDIA in a research report on Wednesday, October 22nd. Five analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, NVIDIA has a consensus rating of “Buy” and a consensus target price of $258.30.

NVIDIA Price Performance

Shares of NVDA stock opened at $176.67 on Monday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.60 and a current ratio of 4.21. 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 cap 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 business’s 50 day moving average price is $186.90 and its 200-day moving average price is $170.71.

NVIDIA (NASDAQ:NVDA) last announced its quarterly earnings results on Wednesday, November 19th. The computer hardware maker reported $1.30 EPS for the quarter, topping analysts’ consensus estimates of $1.23 by $0.07. The company had revenue of $57.01 billion during the quarter, compared to analyst estimates of $54.66 billion. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The firm’s revenue was up 62.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.81 earnings per share. NVIDIA has set its Q4 2026 guidance at EPS. On average, equities research analysts anticipate that NVIDIA Corporation will post 2.77 earnings per share for the current 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. This represents a $0.04 annualized dividend and a yield of 0.0%. The ex-dividend date of this dividend is Thursday, December 4th. NVIDIA’s payout ratio is presently 0.99%.

Insiders Place Their Bets

In other news, Director Mark A. Stevens sold 350,000 shares of the stock in a transaction that occurred on Friday, September 19th. The stock was sold at an average price of $176.39, for a total value of $61,736,500.00. Following the completion of the transaction, the director owned 7,399,803 shares of the company’s stock, valued at approximately $1,305,251,251.17. This represents a 4.52% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Jen Hsun Huang sold 75,000 shares of NVIDIA stock in a transaction that occurred on Wednesday, September 10th. The shares were sold at an average price of $177.57, for a total value of $13,317,750.00. Following the sale, the chief executive officer owned 72,248,366 shares in the company, valued at $12,829,142,350.62. This represents a 0.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 3,177,203 shares of company stock worth $570,171,004. Company insiders own 4.17% of the company’s stock.

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.