60,000 Shares in NVIDIA Corporation $NVDA Acquired by Davis Rea LTD.

Davis Rea LTD. purchased a new position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 60,000 shares of the computer hardware maker's stock, valued at approximately $6,503,000. NVIDIA comprises about 1.7% of Davis Rea LTD.'s holdings, making the stock its 16th biggest holding.

A number of other institutional investors also recently bought and sold shares of the business. Birchcreek Wealth Management LLC raised its position in NVIDIA by 2.4% during the 1st quarter. Birchcreek Wealth Management LLC now owns 19,455 shares of the computer hardware maker's stock worth $2,109,000 after buying an additional 456 shares during the last quarter. Corps Capital Advisors LLC increased its holdings in shares of NVIDIA by 1.4% during the 1st quarter. Corps Capital Advisors LLC now owns 39,185 shares of the computer hardware maker's stock valued at $4,247,000 after purchasing an additional 522 shares in the last quarter. Sunbeam Capital Management LLC increased its holdings in shares of NVIDIA by 1.9% during the 1st quarter. Sunbeam Capital Management LLC now owns 37,239 shares of the computer hardware maker's stock valued at $4,036,000 after purchasing an additional 680 shares in the last quarter. Lifeworks Advisors LLC increased its holdings in shares of NVIDIA by 2.0% during the 1st quarter. Lifeworks Advisors LLC now owns 25,343 shares of the computer hardware maker's stock valued at $2,747,000 after purchasing an additional 494 shares in the last quarter. Finally, Innova Wealth Partners increased its holdings in shares of NVIDIA by 4.0% during the 1st quarter. Innova Wealth Partners now owns 4,695 shares of the computer hardware maker's stock valued at $509,000 after purchasing an additional 181 shares in the last quarter. 65.27% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on NVDA shares. Raymond James Financial lifted their target price on shares of NVIDIA from $150.00 to $165.00 and gave the company a "strong-buy" rating in a report on Thursday, May 29th. Oppenheimer boosted their price target on shares of NVIDIA from $175.00 to $200.00 and gave the stock an "outperform" rating in a report on Tuesday, July 15th. Arete Research raised shares of NVIDIA to a "strong-buy" rating in a report on Wednesday, May 21st. Summit Insights raised shares of NVIDIA from a "hold" rating to a "buy" rating in a report on Thursday, May 29th. Finally, KeyCorp boosted their price target on shares of NVIDIA from $190.00 to $215.00 and gave the stock an "overweight" rating in a report on Wednesday. Four investment analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $192.44.

NVIDIA Stock Up 1.7%

Shares of NASDAQ:NVDA opened at $177.99 on Friday. The stock's 50-day moving average price is $167.35 and its two-hundred day moving average price is $137.31. The company has a current ratio of 3.39, a quick ratio of 2.96 and a debt-to-equity ratio of 0.10. NVIDIA Corporation has a 12-month low of $86.62 and a 12-month high of $184.48. The firm has a market cap of $4.34 trillion, a price-to-earnings ratio of 57.42, a PEG ratio of 1.54 and a beta of 2.14.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its quarterly earnings results on Wednesday, May 28th. The computer hardware maker reported $0.81 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.87 by ($0.06). The business had revenue of $44.06 billion during the quarter, compared to analyst estimates of $43.09 billion. NVIDIA had a return on equity of 105.09% and a net margin of 51.69%.The firm's quarterly revenue was up 69.2% on a year-over-year basis. During the same period in the previous year, the business posted $0.61 earnings per share. NVIDIA has set its Q2 2026 guidance at EPS. On average, research analysts forecast that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 3rd. Stockholders of record on Wednesday, June 11th were paid a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. The ex-dividend date of this dividend was Wednesday, June 11th. NVIDIA's payout ratio is currently 1.29%.

Insider Transactions at NVIDIA

In other news, CEO Jen Hsun Huang sold 75,000 shares of NVIDIA stock in a transaction dated Wednesday, June 25th. The stock was sold at an average price of $152.54, for a total value of $11,440,500.00. Following the transaction, the chief executive officer directly owned 75,548,225 shares of the company's stock, valued at $11,524,126,241.50. The trade was a 0.10% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Tench Coxe sold 1,000,000 shares of the firm's stock in a transaction dated Monday, June 9th. The shares were sold at an average price of $142.80, for a total value of $142,800,000.00. Following the sale, the director owned 26,671,360 shares in the company, valued at approximately $3,808,670,208. The trade was a 3.61% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 5,912,440 shares of company stock valued at $902,886,782. 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.

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