Elyxium Wealth LLC Has $5.98 Million Position in NVIDIA Corporation $NVDA

Key Points

• Elyxium Wealth LLC increased its stake in NVIDIA Corporation by 72.8% in the 1st quarter, owning 55,205 shares valued at approximately $5.98 million, which is about 2.7% of its portfolio.
• Insider activity showed that CEO Jen Hsun Huang sold 75,000 shares for over $13.6 million, reducing his ownership slightly, while CFO Colette Kress sold 27,640 shares valued at around $4.9 million.
• NVIDIA's stock has a market cap of $4.40 trillion and reported a quarterly revenue increase of 69.2% year-over-year, reaching $44.06 billion.

Elyxium Wealth LLC lifted its stake in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 72.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 55,205 shares of the computer hardware maker's stock after purchasing an additional 23,260 shares during the quarter. NVIDIA comprises 2.7% of Elyxium Wealth LLC's portfolio, making the stock its 6th largest position. Elyxium Wealth LLC's holdings in NVIDIA were worth $5,983,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in NVDA. Copia Wealth Management bought a new stake in shares of NVIDIA during the 4th quarter worth $50,000. LSV Asset Management acquired a new stake in NVIDIA during the fourth quarter valued at $54,000. Barnes Dennig Private Wealth Management LLC acquired a new stake in NVIDIA during the first quarter valued at $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 valued at $53,000 after purchasing an additional 327 shares during the last quarter. Finally, Delos Wealth Advisors LLC raised its holdings in NVIDIA by 134.8% during the fourth quarter. Delos Wealth Advisors LLC now owns 493 shares of the computer hardware maker's stock valued at $66,000 after buying an additional 283 shares in the last quarter. 65.27% of the stock is currently owned by institutional investors and hedge funds.

NVIDIA Stock Down 3.1%

NVDA stock traded down $5.6210 during trading hours on Tuesday, reaching $176.3890. 134,558,082 shares of the stock were exchanged, compared to its average volume of 240,815,766. The company has a market cap of $4.30 trillion, a price-to-earnings ratio of 56.85, a PEG ratio of 1.59 and a beta of 2.14. The firm's 50-day moving average is $164.75 and its 200-day moving average is $135.95. The company has a debt-to-equity ratio of 0.10, a current ratio of 3.39 and a quick ratio of 2.96. NVIDIA Corporation has a 12 month low of $86.62 and a 12 month high of $184.48.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its quarterly earnings data on Wednesday, May 28th. The computer hardware maker reported $0.81 earnings per share 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 company had revenue of $44.06 billion during the quarter, compared to the consensus estimate of $43.09 billion. During the same quarter in the previous year, the business earned $0.61 EPS. NVIDIA'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. Stockholders of record on Wednesday, June 11th were given 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 was Wednesday, June 11th. NVIDIA's payout ratio is presently 1.29%.

Insider Buying and Selling

In related news, CEO Jen Hsun Huang sold 75,000 shares of the business's stock in a transaction on Friday, August 15th. The shares were sold at an average price of $179.76, for a total value of $13,482,000.00. Following the sale, the chief executive officer 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 sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Colette Kress sold 27,640 shares of the company's stock in a transaction on Monday, August 4th. The shares were sold at an average price of $178.06, for a total transaction of $4,921,578.40. Following the sale, the chief financial officer directly owned 2,956,876 shares in the company, valued at $526,501,340.56. This trade represents a 0.93% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 5,912,440 shares of company stock valued at $902,886,782. 4.17% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on NVDA shares. Wedbush reissued an "outperform" rating on shares of NVIDIA in a research report on Thursday, May 29th. Wells Fargo & Company boosted their price objective on NVIDIA from $185.00 to $220.00 and gave the stock an "overweight" rating in a research report on Monday, August 11th. Piper Sandler set a $225.00 price target on NVIDIA and gave the company an "overweight" rating in a research note on Wednesday, August 13th. Bank of America boosted their price target on NVIDIA from $180.00 to $220.00 in a research note on Wednesday, July 16th. Finally, BNP Paribas upgraded NVIDIA to a "hold" rating in a research note on Friday, August 1st. Four research analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, NVIDIA currently has an average rating of "Moderate Buy" and a consensus target price of $189.28.

NVIDIA Company Profile

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.