Brendel Financial Advisors LLC Purchases 2,031 Shares of NVIDIA Corporation $NVDA

Key Points

• Brendel Financial Advisors LLC increased its stake in NVIDIA Corporation by 10.3%, acquiring an additional 2,031 shares, bringing their total holdings to 21,829 shares worth approximately $3.45 million.
• NVIDIA's CEO, Jen Hsun Huang, recently sold 75,000 shares worth $13.32 million, while the company's director, Harvey C. Jones, sold 250,000 shares for $44.05 million.
• Analysts have a consensus rating of "Moderate Buy" on NVIDIA stock, with a target price averaging $209.82 following several upgrades from various research firms.

Brendel Financial Advisors LLC increased its position in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 10.3% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 21,829 shares of the computer hardware maker's stock after purchasing an additional 2,031 shares during the quarter. NVIDIA makes up 1.9% of Brendel Financial Advisors LLC's holdings, making the stock its 18th largest position. Brendel Financial Advisors LLC's holdings in NVIDIA were worth $3,449,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of NVDA. Copia Wealth Management bought a new position in NVIDIA in the 4th quarter valued at about $50,000. Kathleen S. Wright Associates Inc. raised its holdings in NVIDIA by 169.3% in 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 NVIDIA in the 1st quarter valued at about $51,000. Bruce G. Allen Investments LLC raised its holdings in NVIDIA by 198.2% in 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 holdings in NVIDIA by 5,900.0% in the 1st quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker's stock valued at $65,000 after acquiring an additional 590 shares during the period. 65.27% of the stock is owned by institutional investors.

Insider Transactions at NVIDIA

In other NVIDIA news, CEO Jen Hsun Huang sold 75,000 shares of the firm's stock in a transaction that occurred on Wednesday, September 24th. The shares were sold at an average price of $177.60, for a total value of $13,320,000.00. Following the sale, the chief executive officer owned 71,458,203 shares in the company, valued at $12,690,976,852.80. This trade represents a 0.10% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Harvey C. Jones sold 250,000 shares of the firm's stock in a transaction that occurred on Thursday, September 18th. The shares were sold at an average price of $176.21, for a total transaction of $44,052,500.00. Following the completion of the sale, the director owned 7,183,280 shares in the company, valued at $1,265,765,768.80. This represents a 3.36% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 4,176,470 shares of company stock valued at $720,979,162. Corporate insiders own 4.17% of the company's stock.

NVIDIA Stock Performance

NASDAQ NVDA opened at $178.19 on Friday. The company has a current ratio of 4.21, a quick ratio of 3.60 and a debt-to-equity ratio of 0.08. The firm has a market capitalization of $4.33 trillion, a price-to-earnings ratio of 50.77, a P/E/G ratio of 1.29 and a beta of 2.10. The firm's 50 day simple moving average is $176.60 and its 200 day simple moving average is $145.99. NVIDIA Corporation has a 1 year low of $86.62 and a 1 year high of $184.55.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) 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 business had revenue of $46.74 billion for the quarter, compared to analyst estimates of $45.65 billion. During the same quarter last year, the business posted $0.68 EPS. The firm's revenue for the quarter was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. As a group, research analysts expect that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 2nd. Shareholders of record on Thursday, September 11th will be given a $0.01 dividend. 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 dividend payout ratio (DPR) is currently 1.14%.

Analyst Upgrades and Downgrades

Several research firms have weighed in on NVDA. Wedbush reissued an "outperform" rating and issued a $210.00 price target on shares of NVIDIA in a report on Thursday, August 28th. Jefferies Financial Group reissued a "buy" rating on shares of NVIDIA in a report on Friday, September 12th. Wells Fargo & Company raised their target price on shares of NVIDIA from $185.00 to $220.00 and gave the stock an "overweight" rating in a report on Monday, August 11th. Loop Capital raised their target price on shares of NVIDIA from $175.00 to $250.00 and gave the stock a "buy" rating in a report on Wednesday, June 25th. Finally, DA Davidson raised shares of NVIDIA from a "neutral" rating to a "buy" rating and raised their target price for the stock from $195.00 to $210.00 in a report on Thursday, September 11th. Four research analysts have rated the stock with a Strong Buy rating, thirty-six have issued a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $209.82.

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.

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