Endeavor Private Wealth Inc. Has $1.16 Million Stock Position in NVIDIA Corporation $NVDA

Key Points

• Endeavor Private Wealth Inc. has reduced its stake in NVIDIA Corporation by 17.6% in Q1, now holding shares valued at approximately $1.16 million.
• NVIDIA's recent earnings report exceeded expectations, with earnings per share of $1.05 and revenue of $46.74 billion, marking a 55.6% increase compared to the previous year.
• The company's stock has seen significant institutional interest, with 65.27% of shares owned by institutional investors and numerous analysts giving it a consensus rating of "Moderate Buy."

Endeavor Private Wealth Inc. decreased its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 17.6% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 10,709 shares of the computer hardware maker's stock after selling 2,291 shares during the quarter. Endeavor Private Wealth Inc.'s holdings in NVIDIA were worth $1,161,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. FMR LLC lifted its stake in NVIDIA by 0.7% in the 4th quarter. FMR LLC now owns 1,004,376,608 shares of the computer hardware maker's stock worth $134,877,735,000 after acquiring an additional 6,665,252 shares in the last quarter. Price T Rowe Associates Inc. MD grew its holdings in NVIDIA by 0.9% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 411,328,951 shares of the computer hardware maker's stock valued at $55,237,367,000 after buying an additional 3,721,331 shares during the last quarter. Northern Trust Corp grew its holdings in NVIDIA by 15.8% in the 4th quarter. Northern Trust Corp now owns 266,454,194 shares of the computer hardware maker's stock valued at $35,782,134,000 after buying an additional 36,266,817 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of NVIDIA by 11.4% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 200,898,191 shares of the computer hardware maker's stock worth $26,978,618,000 after purchasing an additional 20,494,402 shares in the last quarter. Finally, Capital World Investors grew its holdings in shares of NVIDIA by 6.5% during the 4th quarter. Capital World Investors now owns 140,921,614 shares of the computer hardware maker's stock worth $18,925,009,000 after purchasing an additional 8,555,411 shares in the last quarter. Institutional investors and hedge funds own 65.27% of the company's stock.

NVIDIA Price Performance

Shares of NASDAQ NVDA opened at $174.18 on Tuesday. NVIDIA Corporation has a twelve month low of $86.62 and a twelve month high of $184.48. The stock's 50 day moving average price is $171.43 and its 200-day moving average price is $139.35. The company has a market capitalization of $4.23 trillion, a PE ratio of 49.62, a PEG ratio of 1.30 and a beta of 2.10. 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 announced its earnings results 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. The firm had revenue of $46.74 billion for the quarter, compared to the consensus estimate of $45.65 billion. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The company's revenue was up 55.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. On average, equities analysts anticipate that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Dividend Announcement

The firm 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 dividend of $0.01 per share. The ex-dividend date of this dividend is Thursday, September 11th. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. NVIDIA's payout ratio is presently 1.14%.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on NVDA shares. Robert W. Baird lifted their price objective on NVIDIA from $195.00 to $225.00 and gave the company an "outperform" rating in a research report on Monday, August 25th. BNP Paribas raised NVIDIA to a "hold" rating in a research report on Friday, August 1st. JPMorgan Chase & Co. increased their price target on NVIDIA from $170.00 to $215.00 and gave the company an "overweight" rating in a research report on Thursday, August 28th. Cantor Fitzgerald restated an "overweight" rating and issued a $240.00 price objective on shares of NVIDIA in a research note on Thursday, August 28th. Finally, Wolfe Research increased their price target on NVIDIA from $220.00 to $230.00 and gave the stock an "outperform" rating in a research report on Thursday, August 28th. Four analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, five have assigned a Hold rating and one has assigned 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 $207.69.

Insider Activity

In other news, Director Tench Coxe sold 1,000,000 shares of the company's stock in a transaction on Monday, June 9th. The shares were sold at an average price of $142.80, for a total value of $142,800,000.00. Following the transaction, the director owned 26,671,360 shares of the company's stock, valued at approximately $3,808,670,208. This represents a 3.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Ajay K. Puri sold 168,195 shares of the company's stock in a transaction on Wednesday, June 25th. The stock was sold at an average price of $152.64, for a total transaction of $25,673,284.80. Following the completion of the transaction, the executive vice president owned 4,018,547 shares of the company's stock, valued at $613,391,014.08. This trade represents a 4.02% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 4,801,604 shares of company stock worth $747,046,639. 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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