Boston Standard Wealth Management LLC Increases Stock Holdings in NVIDIA Corporation $NVDA

Key Points

• Boston Standard Wealth Management LLC increased its holdings in NVIDIA Corporation by 2,473.3% during the 2nd quarter, bringing its total ownership to 81,420 shares, valued at approximately $12.86 million.
• Several other institutional investors, including Brighton Jones LLC and Bank Pictet & Cie Europe AG, have also significantly increased their positions in NVIDIA during the 4th quarter.
• NVIDIA recently reported earnings of $1.05 EPS, exceeding analyst estimates and demonstrating a 55.6% year-over-year revenue increase, with projected guidance for future earnings remaining strong.

Boston Standard Wealth Management LLC boosted its position in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 2,473.3% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 81,420 shares of the computer hardware maker's stock after purchasing an additional 78,256 shares during the period. NVIDIA comprises 2.3% of Boston Standard Wealth Management LLC's portfolio, making the stock its 12th biggest holding. Boston Standard Wealth Management LLC's holdings in NVIDIA were worth $12,863,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of NVDA. Brighton Jones LLC boosted its position in NVIDIA by 12.4% in the fourth quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker's stock worth $43,631,000 after purchasing an additional 35,815 shares during the last quarter. Bank Pictet & Cie Europe AG lifted its position in shares of 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 valued at $315,100,000 after buying an additional 22,929 shares in the last quarter. Highview Capital Management LLC DE lifted its position in shares of 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 valued at $7,842,000 after buying an additional 3,653 shares in the last quarter. Hudson Value Partners LLC lifted its position in shares of NVIDIA by 30.7% during the 4th quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker's stock valued at $6,805,000 after buying an additional 11,900 shares in the last quarter. Finally, Summit Investment Advisors Inc. lifted its position in shares of NVIDIA by 1.9% during the 4th quarter. Summit Investment Advisors Inc. now owns 737,749 shares of the computer hardware maker's stock valued at $99,072,000 after buying an additional 13,700 shares in the last quarter. 65.27% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at NVIDIA

In related news, CEO Jen Hsun Huang sold 75,000 shares of the business's stock in a transaction on Wednesday, June 25th. The stock was sold at an average price of $152.54, for a total transaction of $11,440,500.00. Following the completion of the transaction, the chief executive officer owned 75,548,225 shares in the company, valued at $11,524,126,241.50. The trade was a 0.10% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Mark A. Stevens sold 297,797 shares of the company's stock in a transaction on Friday, September 12th. The stock was sold at an average price of $178.19, for a total value of $53,064,447.43. Following the completion of the sale, the director owned 7,749,803 shares of the company's stock, valued at $1,380,937,396.57. This represents a 3.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 3,975,304 shares of company stock worth $665,001,763 in the last quarter. 4.17% of the stock is owned by company insiders.

NVIDIA Price Performance

NVDA opened at $174.88 on Wednesday. The business has a fifty day moving average of $175.11 and a 200 day moving average of $142.40. NVIDIA Corporation has a 52-week low of $86.62 and a 52-week high of $184.48. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08. The stock has a market cap of $4.25 trillion, a P/E ratio of 49.82, a PEG ratio of 1.29 and a beta of 2.10.

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

NVIDIA Announces Dividend

The firm also recently disclosed 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. The ex-dividend date is Thursday, September 11th. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. NVIDIA's payout ratio is presently 1.14%.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on NVDA shares. Robert W. Baird lifted their price objective on NVIDIA from $195.00 to $225.00 and gave the company an "outperform" rating in a research report on Monday, August 25th. Morgan Stanley boosted their price target on NVIDIA from $206.00 to $210.00 and gave the stock an "overweight" rating in a report on Thursday, August 28th. Arete Research raised NVIDIA to a "strong-buy" rating in a report on Wednesday, May 21st. Benchmark boosted their price target on NVIDIA from $190.00 to $220.00 and gave the stock a "buy" rating in a report on Thursday, August 28th. Finally, KeyCorp reaffirmed an "overweight" rating and issued a $230.00 price objective (up previously from $215.00) on shares of NVIDIA in a research note on Thursday, August 28th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, NVIDIA currently has a consensus rating of "Moderate Buy" and a consensus target price of $207.83.

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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