Advisors Management Group Inc. ADV lifted its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 18.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 124,869 shares of the computer hardware maker's stock after buying an additional 19,119 shares during the quarter. NVIDIA comprises about 3.7% of Advisors Management Group Inc. ADV's holdings, making the stock its 2nd largest position. Advisors Management Group Inc. ADV's holdings in NVIDIA were worth $19,728,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently bought and sold shares of NVDA. Brighton Jones LLC raised its position in shares of NVIDIA by 12.4% in the fourth quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker's stock valued at $43,631,000 after purchasing an additional 35,815 shares during the period. Bank Pictet & Cie Europe AG increased its holdings in NVIDIA by 1.0% during the 4th quarter. Bank Pictet & Cie Europe AG now owns 2,346,417 shares of the computer hardware maker's stock worth $315,100,000 after acquiring an additional 22,929 shares during the period. Highview Capital Management LLC DE increased its holdings in NVIDIA by 6.7% during the 4th quarter. Highview Capital Management LLC DE now owns 58,396 shares of the computer hardware maker's stock worth $7,842,000 after acquiring an additional 3,653 shares during the period. Hudson Value Partners LLC increased its holdings in NVIDIA by 30.7% during the 4th quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker's stock worth $6,805,000 after acquiring an additional 11,900 shares during the period. Finally, Aletheian Wealth Advisors LLC increased its holdings in NVIDIA by 9.0% during the 1st quarter. Aletheian Wealth Advisors LLC now owns 25,889 shares of the computer hardware maker's stock worth $2,806,000 after acquiring an additional 2,127 shares during the period. 65.27% of the stock is owned by institutional investors.
Insider Transactions at NVIDIA
In related news, CFO Colette Kress sold 30,500 shares of the stock in a transaction that occurred on Friday, September 19th. The shares were sold at an average price of $176.40, for a total value of $5,380,200.00. Following the completion of the transaction, the chief financial officer directly owned 2,883,402 shares of the company's stock, valued at $508,632,112.80. This trade represents a 1.05% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Jen Hsun Huang sold 75,000 shares of the stock in a transaction that occurred on Monday, October 6th. The stock was sold at an average price of $185.79, for a total transaction of $13,934,250.00. Following the completion of the transaction, the chief executive officer owned 70,858,203 shares in the company, valued at approximately $13,164,745,535.37. This trade represents a 0.11% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 3,775,379 shares of company stock valued at $665,883,171. 4.17% of the stock is owned by insiders.
NVIDIA Price Performance
NVDA stock opened at $192.57 on Friday. The company's fifty day moving average price is $178.97 and its 200-day moving average price is $150.06. NVIDIA Corporation has a one year low of $86.62 and a one year high of $195.30. The company has a market capitalization of $4.68 trillion, a PE ratio of 54.86, a price-to-earnings-growth ratio of 1.37 and a beta of 2.12. 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 (NASDAQ:NVDA - Get Free Report) last announced its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.04. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The company had revenue of $46.74 billion for the quarter, compared to analysts' expectations of $45.65 billion. During the same quarter in the previous year, the business posted $0.68 earnings per share. NVIDIA's quarterly revenue was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. On average, equities analysts anticipate that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.
NVIDIA Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th were issued a $0.01 dividend. The ex-dividend date was Thursday, September 11th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.0%. NVIDIA's dividend payout ratio is presently 1.14%.
Wall Street Analyst Weigh In
A number of analysts recently weighed in on NVDA shares. Craig Hallum upped their target price on shares of NVIDIA from $195.00 to $245.00 and gave the stock a "buy" rating in a report on Thursday, August 28th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of NVIDIA in a report on Wednesday. Wall Street Zen raised shares of NVIDIA from a "hold" rating to a "buy" rating in a report on Friday, September 5th. Oppenheimer reissued an "outperform" rating and issued a $225.00 price target (up previously from $200.00) on shares of NVIDIA in a report on Thursday, August 28th. Finally, New Street Research increased their price target on shares of NVIDIA from $200.00 to $235.00 and gave the stock a "buy" rating in a report on Friday, September 12th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $212.84.
Check Out Our Latest Stock Analysis on NVDA
NVIDIA Company Profile
(
Free Report)
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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