CWC Advisors LLC. Purchases 17,588 Shares of NVIDIA Corporation $NVDA

Key Points

• CWC Advisors LLC increased its stake in NVIDIA Corporation by 152.1%, acquiring an additional 17,588 shares, which now accounts for approximately 2.4% of its investment portfolio.
• Recent research reports from various analysts have set target prices for NVIDIA's stock, with revisions ranging from $190.00 to $228.00, reflecting strong market confidence as analysts continue to issue buy ratings.
• NVIDIA recently reported quarterly earnings of $1.05 per share, surpassing expectations and showing substantial year-over-year revenue growth of 55.6%, totaling $46.74 billion for the quarter.

CWC Advisors LLC. raised its stake in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 152.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 29,148 shares of the computer hardware maker's stock after acquiring an additional 17,588 shares during the period. NVIDIA comprises approximately 2.4% of CWC Advisors LLC.'s investment portfolio, making the stock its 14th largest holding. CWC Advisors LLC.'s holdings in NVIDIA were worth $4,605,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently made changes to their positions in the business. Copia Wealth Management purchased a new position in NVIDIA during the 4th quarter valued at about $50,000. Kathleen S. Wright Associates Inc. boosted 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 last quarter. Barnes Dennig Private Wealth Management LLC bought a new stake in shares of NVIDIA during the 1st quarter valued at about $51,000. Bruce G. Allen Investments LLC boosted 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 last quarter. Finally, Campbell Capital Management Inc. boosted its position in shares of NVIDIA by 5,900.0% during 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 last quarter. 65.27% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

NVDA has been the subject of a number of recent research reports. Wedbush restated an "outperform" rating and issued a $210.00 target price on shares of NVIDIA in a research report on Thursday, August 28th. Truist Financial boosted their target price on NVIDIA from $210.00 to $228.00 and gave the company a "buy" rating in a research note on Thursday, August 28th. Morgan Stanley boosted their target price on NVIDIA from $206.00 to $210.00 and gave the company an "overweight" rating in a research note on Thursday, August 28th. Benchmark boosted their target price on NVIDIA from $190.00 to $220.00 and gave the company a "buy" rating in a research note on Thursday, August 28th. Finally, The Goldman Sachs Group reissued a "buy" rating and set a $200.00 target price on shares of NVIDIA in a research note on Wednesday, August 27th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-six have assigned a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $209.82.

NVIDIA Price Performance

Shares of NVDA stock opened at $178.19 on Friday. The stock has a market cap of $4.33 trillion, a price-to-earnings ratio of 50.77, a PEG ratio of 1.28 and a beta of 2.10. The business's fifty day moving average is $176.60 and its 200 day moving average is $145.78. NVIDIA Corporation has a twelve month low of $86.62 and a twelve month high of $184.55. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share for the quarter, topping the consensus estimate 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 for the quarter, compared to analysts' expectations of $45.65 billion. During the same period in the prior year, the firm earned $0.68 earnings per share. 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. Research analysts expect that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Dividend Announcement

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 issued a $0.01 dividend. This represents a $0.04 annualized dividend and a yield of 0.0%. The ex-dividend date of this dividend is Thursday, September 11th. NVIDIA's payout ratio is 1.14%.

Insiders Place Their Bets

In other news, CFO Colette Kress sold 30,500 shares of the company's stock in a transaction on Friday, September 19th. The stock was sold at an average price of $176.40, for a total transaction of $5,380,200.00. Following the transaction, the chief financial officer directly owned 2,883,402 shares of the company's stock, valued at $508,632,112.80. This represents a 1.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Persis Drell sold 40,000 shares of the company's stock in a transaction on Friday, September 19th. The shares were sold at an average price of $177.65, for a total value of $7,106,000.00. Following the transaction, the director directly owned 138,740 shares in the company, valued at approximately $24,647,161. The trade was a 22.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 4,176,470 shares of company stock valued at $720,979,162. Company insiders own 4.17% of the company's stock.

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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