Cooper Financial Group Has $29.97 Million Stake in NVIDIA Corporation $NVDA

Cooper Financial Group lowered its stake in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 3.2% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 189,692 shares of the computer hardware maker's stock after selling 6,283 shares during the quarter. NVIDIA comprises 3.5% of Cooper Financial Group's portfolio, making the stock its 5th largest holding. Cooper Financial Group's holdings in NVIDIA were worth $29,969,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in NVDA. Kathleen S. Wright Associates Inc. boosted its position in NVIDIA by 169.3% during the first quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker's stock worth $44,000 after purchasing an additional 254 shares during the period. Barnes Dennig Private Wealth Management LLC bought a new stake in NVIDIA during the first quarter worth approximately $51,000. Bruce G. Allen Investments LLC boosted its position in 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 period. Legend Financial Advisors Inc. bought a new stake in NVIDIA during the second quarter worth approximately $55,000. Finally, Campbell Capital Management Inc. boosted its position in 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 period. Institutional investors own 65.27% of the company's stock.

Insiders Place Their Bets

In other NVIDIA news, Director Harvey C. Jones sold 250,000 shares of the stock in a transaction on Thursday, September 18th. The stock was sold at an average price of $176.21, for a total transaction of $44,052,500.00. Following the completion of the transaction, the director directly owned 7,183,280 shares in the company, valued at $1,265,765,768.80. This represents a 3.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Jen Hsun Huang sold 75,000 shares of the stock in a transaction on Monday, August 4th. The stock was sold at an average price of $178.16, for a total value of $13,362,000.00. Following the transaction, the chief executive officer owned 73,523,225 shares of the company's stock, valued at $13,098,897,766. This represents a 0.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 3,828,937 shares of company stock worth $680,708,026 over the last three months. 4.17% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on NVDA shares. Wells Fargo & Company upped their price target on NVIDIA from $185.00 to $220.00 and gave the stock an "overweight" rating in a report on Monday, August 11th. The Goldman Sachs Group set a $210.00 price objective on NVIDIA and gave the company a "buy" rating in a research report on Monday, October 6th. Oppenheimer reissued an "outperform" rating and issued a $225.00 price objective (up from $200.00) on shares of NVIDIA in a research report on Thursday, August 28th. Wall Street Zen cut NVIDIA from a "buy" rating to a "hold" rating in a research report on Saturday, October 11th. Finally, Benchmark increased their price objective on NVIDIA from $190.00 to $220.00 and gave the company a "buy" rating in a research report on Thursday, August 28th. Four analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $222.23.

NVIDIA Stock Performance

Shares of NASDAQ NVDA opened at $179.83 on Thursday. The business has a fifty day simple moving average of $179.37 and a 200 day simple moving average of $151.96. 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 $4.37 trillion, a price-to-earnings ratio of 51.23, a PEG ratio of 1.30 and a beta of 2.12. NVIDIA Corporation has a one year low of $86.62 and a one year high of $195.62.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its earnings results 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 return on equity of 101.74% and a net margin of 52.41%.The business had revenue of $46.74 billion during the quarter, compared to analyst estimates of $45.65 billion. During the same period in the prior year, the company posted $0.68 earnings per share. NVIDIA's revenue was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. Sell-side analysts expect that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 2nd. Shareholders of record on Thursday, September 11th were paid a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a yield of 0.0%. The ex-dividend date was Thursday, September 11th. NVIDIA's dividend payout ratio is currently 1.14%.

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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