Acropolis Investment Management LLC Increases Stock Holdings in NVIDIA Corporation $NVDA

Key Points

• Acropolis Investment Management LLC increased its stake in NVIDIA Corporation by 2.9%, raising its total holdings to 55,274 shares valued at approximately $8.73 million.
• Institutional investors collectively own 65.27% of NVIDIA's stock, reflecting a trend of increasing investments in the company.
• NVIDIA recently announced a quarterly dividend of $0.01 per share, with an annualized yield of 0.0%, highlighting the company's ongoing financial performance amidst robust earnings results.

Acropolis Investment Management LLC lifted its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 2.9% in the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 55,274 shares of the computer hardware maker's stock after purchasing an additional 1,573 shares during the quarter. NVIDIA comprises 0.5% of Acropolis Investment Management LLC's portfolio, making the stock its 29th biggest holding. Acropolis Investment Management LLC's holdings in NVIDIA were worth $8,733,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of NVDA. Kathleen S. Wright Associates Inc. boosted its holdings in NVIDIA by 169.3% during the 1st quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker's stock valued at $44,000 after acquiring an additional 254 shares during the period. Copia Wealth Management purchased a new position in NVIDIA during the 4th quarter valued at $50,000. Barnes Dennig Private Wealth Management LLC purchased a new position in NVIDIA during the 1st quarter valued at $51,000. Bruce G. Allen Investments LLC boosted its holdings in NVIDIA by 198.2% during the 1st quarter. Bruce G. Allen Investments LLC now owns 492 shares of the computer hardware maker's stock valued at $53,000 after acquiring an additional 327 shares during the period. Finally, Campbell Capital Management Inc. raised its position in NVIDIA by 5,900.0% during the 1st quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker's stock valued at $65,000 after purchasing an additional 590 shares in the last quarter. Hedge funds and other institutional investors own 65.27% of the company's stock.

Insider Activity at NVIDIA

In related news, Director Mark A. Stevens sold 350,000 shares of the company's stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $176.39, for a total transaction of $61,736,500.00. Following the transaction, the director directly owned 7,399,803 shares of the company's stock, valued at $1,305,251,251.17. This represents a 4.52% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Jen Hsun Huang sold 75,000 shares of the company's stock in a transaction dated Monday, July 14th. The shares were sold at an average price of $164.36, for a total value of $12,327,000.00. Following the transaction, the chief executive officer directly owned 74,648,225 shares in the company, valued at $12,269,182,261. This represents a 0.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 4,022,407 shares of company stock valued at $700,382,754 in the last ninety days. Corporate insiders own 4.17% of the company's stock.

Analysts Set New Price Targets

A number of brokerages have weighed in on NVDA. BNP Paribas raised NVIDIA to a "hold" rating in a research report on Friday, August 1st. DA Davidson raised NVIDIA from a "neutral" rating to a "buy" rating and lifted their target price for the company from $195.00 to $210.00 in a research report on Thursday, September 11th. Piper Sandler set a $225.00 target price on NVIDIA and gave the company an "overweight" rating in a research report on Wednesday, August 13th. Mizuho lifted their target price on NVIDIA from $192.00 to $205.00 and gave the company an "outperform" rating in a research report on Thursday, August 14th. Finally, Evercore ISI lifted their target price on NVIDIA from $214.00 to $225.00 and gave the company an "outperform" rating in a research report on Tuesday, September 23rd. Four analysts have rated the stock with a Strong Buy rating, thirty-six have assigned a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $211.00.

NVIDIA Trading Up 0.4%

NVDA opened at $187.24 on Thursday. The firm has a market cap of $4.55 trillion, a price-to-earnings ratio of 53.34, a PEG ratio of 1.35 and a beta of 2.12. The company has a current ratio of 4.21, a quick ratio of 3.60 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 $188.14. The stock has a fifty day moving average price of $177.52 and a 200-day moving average price of $147.17.

NVIDIA (NASDAQ:NVDA - Get Free Report) last released its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, topping the consensus estimate of $1.01 by $0.04. The firm had revenue of $46.74 billion during the quarter, compared to analyst estimates of $45.65 billion. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The business's revenue for the quarter was up 55.6% compared to the same quarter last year. During the same period in the previous year, the company posted $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. As a group, equities research analysts anticipate that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 2nd. Investors of record on Thursday, September 11th 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, September 11th. NVIDIA's dividend payout ratio is currently 1.14%.

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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