Central Valley Advisors LLC Raises Holdings in NVIDIA Corporation $NVDA

Central Valley Advisors LLC increased its position in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 46.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 37,572 shares of the computer hardware maker's stock after buying an additional 11,929 shares during the quarter. NVIDIA comprises about 2.0% of Central Valley Advisors LLC's investment portfolio, making the stock its 14th biggest position. Central Valley Advisors LLC's holdings in NVIDIA were worth $5,936,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Kathleen S. Wright Associates Inc. increased 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 purchasing an additional 254 shares in the last quarter. Copia Wealth Management acquired a new stake in shares of NVIDIA during the fourth quarter valued at about $50,000. Barnes Dennig Private Wealth Management LLC bought a new position in shares of NVIDIA during the first quarter worth about $51,000. Bruce G. Allen Investments LLC lifted its position in shares of NVIDIA by 198.2% during the first quarter. Bruce G. Allen Investments LLC now owns 492 shares of the computer hardware maker's stock worth $53,000 after purchasing an additional 327 shares during the last quarter. Finally, Campbell Capital Management Inc. lifted its position in shares of NVIDIA by 5,900.0% during the first quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker's stock worth $65,000 after purchasing an additional 590 shares during the last quarter. 65.27% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other NVIDIA news, Director Harvey C. Jones sold 250,000 shares of NVIDIA stock in a transaction that occurred on Thursday, September 18th. The shares were sold at an average price of $176.21, for a total value of $44,052,500.00. Following the transaction, the director owned 7,183,280 shares in the company, valued at approximately $1,265,765,768.80. The trade was a 3.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Mark A. Stevens sold 350,000 shares of NVIDIA stock in a transaction that occurred on 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 completion of the transaction, the director owned 7,399,803 shares in the company, valued at approximately $1,305,251,251.17. This trade represents a 4.52% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 4,203,905 shares of company stock worth $722,009,402. 4.17% of the stock is owned by insiders.

NVIDIA Price Performance

NASDAQ NVDA opened at $178.43 on Wednesday. NVIDIA Corporation has a 12 month low of $86.62 and a 12 month high of $184.55. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.21 and a quick ratio of 3.60. The firm has a market capitalization of $4.34 trillion, a PE ratio of 50.83, a P/E/G ratio of 1.33 and a beta of 2.10. The company's 50 day simple moving average is $176.28 and its 200 day simple moving average is $144.59.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, beating analysts' consensus estimates 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 earned $0.68 earnings per share. The business'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, equities research analysts forecast that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Announces Dividend

The firm also recently declared 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 annualized dividend and a yield of 0.0%. NVIDIA's payout ratio is 1.14%.

Analyst Ratings Changes

Several equities analysts have recently commented on the stock. Craig Hallum increased their price target on shares of NVIDIA from $195.00 to $245.00 and gave the stock a "buy" rating in a research report on Thursday, August 28th. Wall Street Zen raised shares of NVIDIA from a "hold" rating to a "buy" rating in a research report on Friday, September 5th. UBS Group reaffirmed a "buy" rating on shares of NVIDIA in a research report on Tuesday. Needham & Company LLC reaffirmed a "buy" rating and set a $200.00 price target on shares of NVIDIA in a research report on Thursday, August 28th. Finally, The Goldman Sachs Group reaffirmed a "buy" rating and set a $200.00 price target on shares of NVIDIA in a research report on Wednesday, August 27th. Four analysts have rated the stock with a Strong Buy rating, thirty-six have issued a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, NVIDIA has an average rating of "Moderate Buy" and a consensus price target of $208.76.

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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