Advyzon Investment Management LLC Buys 11,694 Shares of NVIDIA Corporation $NVDA

Key Points

• Advyzon Investment Management LLC increased its stake in NVIDIA Corporation by 55.8% in the 1st quarter, now holding 32,669 shares valued at approximately $3.54 million.
• NVIDIA has received multiple upgrades from analysts, with a current consensus rating of Moderate Buy and an average price target of $207.69.
• Insider selling was notable, with two directors collectively selling over 1.6 million shares in recent transactions, reflecting potential concerns about stock performance.

Advyzon Investment Management LLC increased its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 55.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 32,669 shares of the computer hardware maker's stock after purchasing an additional 11,694 shares during the quarter. NVIDIA makes up about 1.4% of Advyzon Investment Management LLC's holdings, making the stock its 14th biggest position. Advyzon Investment Management LLC's holdings in NVIDIA were worth $3,541,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in NVDA. Copia Wealth Management bought a new position in shares of NVIDIA during the 4th quarter valued at approximately $50,000. LSV Asset Management bought a new position in shares of NVIDIA during the 4th quarter valued at approximately $54,000. Kathleen S. Wright Associates Inc. grew its position in shares of 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. Barnes Dennig Private Wealth Management LLC bought a new position in shares of NVIDIA during the 1st quarter valued at approximately $51,000. Finally, Bruce G. Allen Investments LLC grew its position in shares of 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. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

NVDA has been the subject of a number of research reports. Truist Financial increased their target price on shares of NVIDIA from $210.00 to $228.00 and gave the company a "buy" rating in a research report on Thursday, August 28th. Loop Capital upped their price target on shares of NVIDIA from $175.00 to $250.00 and gave the company a "buy" rating in a research note on Wednesday, June 25th. UBS Group upped their price target on shares of NVIDIA from $175.00 to $205.00 and gave the company a "buy" rating in a research note on Thursday, August 21st. Phillip Securities upgraded shares of NVIDIA from a "moderate buy" rating to a "strong-buy" rating in a research note on Monday, July 14th. Finally, Bank of America upped their price target on shares of NVIDIA from $220.00 to $235.00 and gave the company a "buy" rating in a research note on Thursday, August 28th. Four research analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $207.69.

Insider Buying and Selling

In related news, Director Dawn E. Hudson sold 18,000 shares of the company's stock in a transaction that occurred on Wednesday, September 3rd. The shares were sold at an average price of $172.00, for a total transaction of $3,096,000.00. Following the sale, the director owned 368,887 shares of the company's stock, valued at approximately $63,448,564. This represents a 4.65% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Jen Hsun Huang sold 75,000 shares of the company's stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $169.65, for a total transaction of $12,723,750.00. Following the sale, the chief executive officer directly owned 72,698,366 shares in the company, valued at $12,333,277,791.90. This trade represents a 0.10% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 4,872,755 shares of company stock worth $764,283,330 in the last ninety days. 4.17% of the stock is currently owned by insiders.

NVIDIA Price Performance

NVIDIA stock traded down $4.64 during midday trading on Friday, reaching $167.02. 223,875,375 shares of the stock were exchanged, compared to its average volume of 167,410,624. The company's fifty day moving average is $172.73 and its 200-day moving average is $140.21. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.60 and a current ratio of 4.21. The firm has a market cap of $4.06 trillion, a PE ratio of 47.58, a PEG ratio of 1.21 and a beta of 2.10. NVIDIA Corporation has a 52 week low of $86.62 and a 52 week high of $184.48.

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

NVIDIA Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 2nd. Investors of record on Thursday, September 11th will be issued a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. The ex-dividend date of this dividend is Thursday, September 11th. NVIDIA's dividend payout ratio is 1.14%.

NVIDIA Company 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.