1,680 Shares in NVIDIA Corporation $NVDA Bought by Marshall & Sullivan Inc. WA

Key Points

• Marshall & Sullivan Inc. WA has acquired 1,680 shares of NVIDIA Corporation, valued at approximately $265,000, during the second quarter.
• NVIDIA's CEO, Jen Hsun Huang, sold 75,000 shares for $13.3 million, while Director Harvey C. Jones sold 250,000 shares worth $44 million, reflecting notable insider activity.
• Wall Street analysts have raised price targets for NVIDIA, with the average target now at $209.82 and a majority rating of "Moderate Buy."

Marshall & Sullivan Inc. WA bought a new position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 1,680 shares of the computer hardware maker's stock, valued at approximately $265,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Pachira Investments Inc. boosted its stake in NVIDIA by 1.0% during the second quarter. Pachira Investments Inc. now owns 6,450 shares of the computer hardware maker's stock worth $1,019,000 after buying an additional 63 shares in the last quarter. HFG Wealth Management LLC boosted its stake in NVIDIA by 3.4% during the second quarter. HFG Wealth Management LLC now owns 2,075 shares of the computer hardware maker's stock worth $328,000 after buying an additional 68 shares in the last quarter. Burkett Financial Services LLC boosted its stake in NVIDIA by 1.3% during the second quarter. Burkett Financial Services LLC now owns 5,450 shares of the computer hardware maker's stock worth $861,000 after buying an additional 70 shares in the last quarter. Guided Capital Wealth Management LLC boosted its stake in NVIDIA by 0.3% during the second quarter. Guided Capital Wealth Management LLC now owns 27,858 shares of the computer hardware maker's stock worth $4,401,000 after buying an additional 70 shares in the last quarter. Finally, Luts & Greenleigh Group Inc. boosted its stake in NVIDIA by 0.4% during the second quarter. Luts & Greenleigh Group Inc. now owns 19,894 shares of the computer hardware maker's stock worth $3,143,000 after buying an additional 76 shares in the last quarter. Institutional investors own 65.27% of the company's stock.

Wall Street Analysts Forecast Growth

NVDA has been the topic of a number of recent research reports. Morgan Stanley lifted their price target on shares of NVIDIA from $206.00 to $210.00 and gave the stock an "overweight" rating in a research note on Thursday, August 28th. New Street Research lifted their price target on shares of NVIDIA from $200.00 to $235.00 and gave the stock a "buy" rating in a research note on Friday, September 12th. UBS Group reiterated a "buy" rating on shares of NVIDIA in a research note on Tuesday, September 23rd. Robert W. Baird boosted their target price on shares of NVIDIA from $195.00 to $225.00 and gave the company an "outperform" rating in a research note on Monday, August 25th. Finally, JPMorgan Chase & Co. restated a "buy" rating and issued a $215.00 target price on shares of NVIDIA in a research note on Friday, September 19th. Four research analysts have rated the stock with a Strong Buy rating, thirty-six have given a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $209.82.

Insider Activity

In other NVIDIA news, CEO Jen Hsun Huang sold 75,000 shares of the business's stock in a transaction dated Wednesday, September 24th. The stock was sold at an average price of $177.60, for a total transaction of $13,320,000.00. Following the completion of the sale, the chief executive officer directly owned 71,458,203 shares of the company's stock, valued at approximately $12,690,976,852.80. The trade was a 0.10% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Harvey C. Jones sold 250,000 shares of the business's stock in a transaction dated Thursday, September 18th. The stock was sold at an average price of $176.21, for a total value of $44,052,500.00. Following the sale, the director directly owned 7,183,280 shares of the company's stock, valued at $1,265,765,768.80. This represents a 3.36% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 4,176,470 shares of company stock worth $720,979,162. Corporate insiders own 4.17% of the company's stock.

NVIDIA Stock Up 0.3%

Shares of NASDAQ NVDA opened at $178.19 on Friday. The firm's 50-day simple moving average is $176.60 and its 200 day simple moving average is $145.99. The company has a market cap of $4.33 trillion, a price-to-earnings ratio of 50.77, a price-to-earnings-growth ratio of 1.29 and a beta of 2.10. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08. NVIDIA Corporation has a 12-month low of $86.62 and a 12-month high of $184.55.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.04. The business had revenue of $46.74 billion for the quarter, compared to the consensus estimate of $45.65 billion. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The firm's quarterly revenue was up 55.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. On average, research analysts expect 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 Thursday, October 2nd. Shareholders of record on Thursday, September 11th will be issued 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, September 11th. NVIDIA's payout ratio is currently 1.14%.

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.

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