Donald L. Hagan LLC Takes Position in NVIDIA Corporation $NVDA

Key Points

• Donald L. Hagan LLC acquired a new stake in NVIDIA Corporation, purchasing 1,581 shares valued at approximately $250,000 during the second quarter.
• CEO Jen Hsun Huang sold 75,000 shares of NVIDIA stock for over $13.5 million, decreasing his ownership slightly to approximately 70.3 million shares.
• Analysts have set a range of price targets for NVIDIA shares, with UBS Group setting the highest at $320.00 and an average target consensus around $222.23.

Donald L. Hagan LLC purchased a new stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) during the second quarter, according to its most recent 13F filing with the SEC. The firm purchased 1,581 shares of the computer hardware maker's stock, valued at approximately $250,000.

Other institutional investors have also modified their holdings of the company. Legend Financial Advisors Inc. bought a new stake in shares of NVIDIA in the 2nd quarter valued at about $55,000. Kathleen S. Wright Associates Inc. boosted its holdings in shares of 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 buying an additional 254 shares in the last quarter. Westend Capital Management LLC boosted its holdings in shares of NVIDIA by 46.8% in the 2nd quarter. Westend Capital Management LLC now owns 455 shares of the computer hardware maker's stock valued at $72,000 after buying an additional 145 shares in the last quarter. Barnes Dennig Private Wealth Management LLC bought a new stake in shares of NVIDIA in the 1st quarter valued at about $51,000. Finally, Bruce G. Allen Investments LLC boosted its holdings in shares of 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 buying an additional 327 shares in the last quarter. 65.27% of the stock is currently owned by institutional investors.

Insider Activity

In other news, CEO Jen Hsun Huang sold 75,000 shares of NVIDIA stock in a transaction dated Wednesday, October 15th. The shares were sold at an average price of $181.01, for a total value of $13,575,750.00. Following the sale, the chief executive officer owned 70,333,203 shares in the company, valued at $12,731,013,075.03. This trade represents a 0.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders have sold a total of 3,828,937 shares of company stock valued at $680,708,026 in the last quarter. 4.17% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of analysts recently commented on NVDA shares. Rosenblatt Securities reiterated a "buy" rating and issued a $215.00 target price on shares of NVIDIA in a research note on Tuesday, September 23rd. UBS Group set a $320.00 target price on shares of NVIDIA in a research note on Wednesday. The Goldman Sachs Group set a $210.00 target price on shares of NVIDIA and gave the stock a "buy" rating in a research note on Monday, October 6th. Piper Sandler set a $225.00 target price on shares of NVIDIA and gave the stock an "overweight" rating in a research note on Wednesday, August 13th. Finally, Stifel Nicolaus lifted their target price on shares of NVIDIA from $202.00 to $212.00 and gave the stock a "buy" rating in a research note on Monday, August 25th. Four research analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, NVIDIA currently has an average rating of "Moderate Buy" and a consensus price target of $222.23.

NVIDIA Trading Down 0.1%

Shares of NVDA stock opened at $179.83 on Thursday. NVIDIA Corporation has a 1-year low of $86.62 and a 1-year high of $195.62. The company has a market cap of $4.37 trillion, a price-to-earnings ratio of 51.23, a PEG ratio of 1.30 and a beta of 2.12. 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 stock has a 50 day simple moving average of $179.37 and a 200-day simple moving average of $151.96.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, topping the consensus estimate of $1.01 by $0.04. The company had revenue of $46.74 billion during the quarter, compared to analyst estimates of $45.65 billion. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The firm's revenue was up 55.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. On average, equities 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 was paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th were given a $0.01 dividend. The ex-dividend date was Thursday, September 11th. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. NVIDIA's dividend payout ratio (DPR) is 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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