Dynamic Advisor Solutions LLC Has $54.86 Million Stock Holdings in NVIDIA Corporation $NVDA

Dynamic Advisor Solutions LLC lowered its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 5.9% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 347,256 shares of the computer hardware maker's stock after selling 21,851 shares during the period. NVIDIA accounts for approximately 1.7% of Dynamic Advisor Solutions LLC's holdings, making the stock its 5th biggest holding. Dynamic Advisor Solutions LLC's holdings in NVIDIA were worth $54,863,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. 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 during the period. Copia Wealth Management acquired a new position in shares of NVIDIA in the 4th quarter valued at about $50,000. Barnes Dennig Private Wealth Management LLC acquired a new position in shares of NVIDIA in the 1st quarter valued at about $51,000. 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 during the period. Finally, Campbell Capital Management Inc. boosted its stake in 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 purchasing an additional 590 shares during the period. Institutional investors own 65.27% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. Jefferies Financial Group reissued a "buy" rating on shares of NVIDIA in a research note on Friday, September 12th. Piper Sandler set a $225.00 target price on shares of NVIDIA and gave the stock an "overweight" rating in a report on Wednesday, August 13th. Cantor Fitzgerald reiterated an "overweight" rating and issued a $240.00 target price on shares of NVIDIA in a report on Thursday, August 28th. Mizuho boosted their target price on shares of NVIDIA from $192.00 to $205.00 and gave the stock an "outperform" rating in a report on Thursday, August 14th. Finally, Rosenblatt Securities restated a "buy" rating and set a $215.00 price target on shares of NVIDIA in a report on Tuesday. Four investment analysts have rated the stock with a Strong Buy rating, thirty-six have given a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $208.76.

Insiders Place Their Bets

In related news, CEO Jen Hsun Huang sold 75,000 shares of the company's stock in a transaction on Friday, September 19th. The shares were sold at an average price of $176.42, for a total transaction of $13,231,500.00. Following the completion of the transaction, the chief executive officer directly owned 71,683,203 shares in the company, valued at $12,646,350,673.26. This represents a 0.10% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 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 transaction of $7,106,000.00. Following the transaction, the director owned 138,740 shares of the company's stock, 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. Insiders sold 4,203,905 shares of company stock valued at $722,009,402 in the last three months. Company insiders own 4.17% of the company's stock.

NVIDIA Stock Performance

NVDA stock opened at $178.43 on Wednesday. The firm has a 50 day moving average of $176.28 and a two-hundred day moving average of $144.59. 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 Corporation has a 12 month low of $86.62 and a 12 month high of $184.55. The company has a market capitalization of $4.34 trillion, a price-to-earnings ratio of 50.83, a P/E/G ratio of 1.33 and a beta of 2.10.

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

NVIDIA Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th will be paid a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.0%. The ex-dividend date is Thursday, September 11th. NVIDIA's payout ratio is presently 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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