Everpar Advisors LLC Has $8.58 Million Stock Holdings in NVIDIA Corporation $NVDA

Key Points

• Everpar Advisors LLC increased its position in NVIDIA Corporation (NASDAQ: NVDA) by 13.9%, now holding 54,276 shares valued at approximately $8.58 million, making it the firm's 4th largest investment.
• NVIDIA reported a 55.6% revenue increase year-over-year for its latest quarter, with earnings per share of $1.05, exceeding analyst expectations.
• The company announced a quarterly dividend of $0.01 per share, with an annualized yield of 0.0%, expected to be paid on October 2nd.

Everpar Advisors LLC boosted its position in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 13.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 54,276 shares of the computer hardware maker's stock after buying an additional 6,615 shares during the quarter. NVIDIA accounts for approximately 3.9% of Everpar Advisors LLC's holdings, making the stock its 4th biggest holding. Everpar Advisors LLC's holdings in NVIDIA were worth $8,575,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Ehrlich Financial Group increased its position in shares of NVIDIA by 2.4% in the 2nd quarter. Ehrlich Financial Group now owns 3,354 shares of the computer hardware maker's stock worth $530,000 after purchasing an additional 80 shares during the last quarter. Elevation Wealth Partners LLC grew its position in shares of NVIDIA by 1.0% during the 2nd quarter. Elevation Wealth Partners LLC now owns 14,191 shares of the computer hardware maker's stock valued at $2,242,000 after buying an additional 138 shares during the last quarter. Northstar Advisory Group LLC grew its position in shares of NVIDIA by 73.5% during the 2nd quarter. Northstar Advisory Group LLC now owns 104,618 shares of the computer hardware maker's stock valued at $16,529,000 after buying an additional 44,332 shares during the last quarter. Next Level Private LLC grew its position in shares of NVIDIA by 10.1% during the 2nd quarter. Next Level Private LLC now owns 3,912 shares of the computer hardware maker's stock valued at $618,000 after buying an additional 360 shares during the last quarter. Finally, Dover Advisors LLC grew its position in shares of NVIDIA by 11.6% during the 2nd quarter. Dover Advisors LLC now owns 5,975 shares of the computer hardware maker's stock valued at $944,000 after buying an additional 623 shares during the last quarter. Institutional investors own 65.27% of the company's stock.

NVIDIA Price Performance

Shares of NVIDIA stock traded down $4.98 during mid-day trading on Tuesday, reaching $178.63. 112,995,200 shares of the stock were exchanged, compared to its average volume of 234,105,422. The company has a market cap of $4.34 trillion, a price-to-earnings ratio of 50.88, a price-to-earnings-growth ratio of 1.28 and a beta of 2.10. The company has a current ratio of 4.21, a quick ratio of 3.60 and a debt-to-equity ratio of 0.08. The firm has a 50-day simple moving average of $176.12 and a 200 day simple moving average of $144.35. NVIDIA Corporation has a fifty-two week low of $86.62 and a fifty-two week high of $184.55.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.01 by $0.04. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The company had revenue of $46.74 billion for the quarter, compared to analyst estimates of $45.65 billion. During the same quarter last year, the firm earned $0.68 EPS. The company's revenue for the quarter was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. On average, sell-side analysts predict that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 2nd. Shareholders of record on Thursday, September 11th will be given a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. The ex-dividend date of this dividend is Thursday, September 11th. NVIDIA's payout ratio is 1.14%.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. Stifel Nicolaus upped their target price on shares of NVIDIA from $202.00 to $212.00 and gave the stock a "buy" rating in a research report on Monday, August 25th. TD Cowen increased their target price on shares of NVIDIA from $140.00 to $235.00 and gave the company a "buy" rating in a research note on Tuesday, August 19th. Needham & Company LLC restated a "buy" rating and set a $200.00 price target on shares of NVIDIA in a report on Thursday, August 28th. Evercore ISI upped their price objective on shares of NVIDIA from $214.00 to $225.00 and gave the company an "outperform" rating in a research note on Tuesday. Finally, Citigroup dropped their price target on shares of NVIDIA from $210.00 to $200.00 and set a "buy" rating on the stock in a research note on Monday, September 8th. Four research analysts have rated the stock with a Strong Buy rating, thirty-six have assigned a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $208.76.

Insider Activity at NVIDIA

In other news, Director Harvey C. Jones sold 250,000 shares of the business's stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $176.21, for a total value of $44,052,500.00. Following the completion of the sale, the director owned 7,183,280 shares of the company's stock, valued at approximately $1,265,765,768.80. The trade was a 3.36% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Jen Hsun Huang sold 75,000 shares of the stock in a transaction dated Monday, July 7th. The stock was sold at an average price of $158.35, for a total transaction of $11,876,250.00. Following the completion of the transaction, the chief executive officer directly owned 75,023,225 shares of the company's stock, valued at $11,879,927,678.75. This trade represents a 0.10% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 4,109,874 shares of company stock valued at $698,280,697. 4.17% of the stock is owned by company insiders.

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.