Denver PWM LLC Has $1.50 Million Position in NVIDIA Corporation $NVDA

Denver PWM LLC lifted its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 24.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 13,859 shares of the computer hardware maker's stock after acquiring an additional 2,746 shares during the quarter. Denver PWM LLC's holdings in NVIDIA were worth $1,502,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Panoramic Investment Advisors LLC grew its stake in NVIDIA by 28.4% in the first quarter. Panoramic Investment Advisors LLC now owns 11,466 shares of the computer hardware maker's stock valued at $1,243,000 after purchasing an additional 2,536 shares in the last quarter. McCollum Christoferson Group LLC lifted its holdings in shares of NVIDIA by 13.8% during the 1st quarter. McCollum Christoferson Group LLC now owns 17,325 shares of the computer hardware maker's stock valued at $1,878,000 after buying an additional 2,107 shares during the last quarter. Westover Capital Advisors LLC grew its stake in shares of NVIDIA by 11.4% in the 1st quarter. Westover Capital Advisors LLC now owns 150,277 shares of the computer hardware maker's stock valued at $16,287,000 after buying an additional 15,356 shares in the last quarter. ShoreHaven Wealth Partners LLC increased its holdings in NVIDIA by 2.2% in the first quarter. ShoreHaven Wealth Partners LLC now owns 5,496 shares of the computer hardware maker's stock worth $596,000 after buying an additional 120 shares during the last quarter. Finally, USAdvisors Wealth Management LLC raised its position in NVIDIA by 29.2% during the first quarter. USAdvisors Wealth Management LLC now owns 3,402 shares of the computer hardware maker's stock valued at $368,000 after acquiring an additional 769 shares in the last quarter. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at NVIDIA

In other news, CFO Colette Kress sold 27,640 shares of the stock in a transaction on Monday, August 4th. The shares were sold at an average price of $178.06, for a total value of $4,921,578.40. Following the completion of the transaction, the chief financial officer owned 2,956,876 shares in the company, valued at approximately $526,501,340.56. This represents a 0.93% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Jen Hsun Huang sold 75,000 shares of the firm's stock in a transaction dated Friday, August 15th. The stock was sold at an average price of $179.76, for a total transaction of $13,482,000.00. Following the transaction, the chief executive officer directly owned 72,848,225 shares of the company's stock, valued at $13,095,196,926. The trade was a 0.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 5,912,440 shares of company stock worth $902,886,782 in the last three months. Insiders own 4.17% of the company's stock.

Analyst Ratings Changes

Several analysts have commented on the stock. Seaport Res Ptn raised shares of NVIDIA to a "strong sell" rating in a research report on Wednesday, April 30th. Cantor Fitzgerald reissued an "overweight" rating and set a $240.00 price objective (up previously from $200.00) on shares of NVIDIA in a report on Monday, August 18th. Arete Research upgraded NVIDIA to a "strong-buy" rating in a report on Wednesday, May 21st. Truist Financial upped their target price on NVIDIA from $205.00 to $210.00 and gave the stock a "buy" rating in a research report on Thursday, May 29th. Finally, Summit Insights raised shares of NVIDIA from a "hold" rating to a "buy" rating in a research report on Thursday, May 29th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $192.44.

NVIDIA Stock Up 1.7%

Shares of NVDA opened at $177.99 on Friday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 2.96 and a current ratio of 3.39. The company has a 50-day simple moving average of $167.35 and a 200-day simple moving average of $137.40. NVIDIA Corporation has a 52 week low of $86.62 and a 52 week high of $184.48. The firm has a market capitalization of $4.34 trillion, a P/E ratio of 57.42, a P/E/G ratio of 1.56 and a beta of 2.14.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its quarterly earnings results on Wednesday, May 28th. The computer hardware maker reported $0.81 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.87 by ($0.06). NVIDIA had a net margin of 51.69% and a return on equity of 105.09%. The firm had revenue of $44.06 billion for the quarter, compared to the consensus estimate of $43.09 billion. During the same quarter in the prior year, the firm earned $0.61 earnings per share. The company's revenue was up 69.2% on a year-over-year basis. NVIDIA has set its Q2 2026 guidance at EPS. On average, equities research analysts expect that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 3rd. Shareholders of record on Wednesday, June 11th were paid a dividend of $0.01 per share. The ex-dividend date was Wednesday, June 11th. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. NVIDIA's payout ratio is currently 1.29%.

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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