Ewa LLC Purchases 7,504 Shares of NVIDIA Corporation $NVDA

Key Points

• Ewa LLC increased its stake in NVIDIA Corporation by 16.4%, acquiring an additional 7,504 shares, making NVIDIA its 7th largest holding with a value of approximately $8.4 million.
• Several institutional investors significantly boosted their holdings in NVIDIA, with Kingstone Capital Partners increasing its stake by nearly 268,000%, now owning over 382 million shares valued at around $65 billion.
• NVIDIA reported a 55.6% increase in revenue year-over-year, achieving $46.74 billion in revenue for the recent quarter, along with a quarterly EPS of $1.05, surpassing analysts' expectations.

Ewa LLC raised its position in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 16.4% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 53,196 shares of the computer hardware maker's stock after purchasing an additional 7,504 shares during the period. NVIDIA comprises approximately 2.6% of Ewa LLC's portfolio, making the stock its 7th biggest holding. Ewa LLC's holdings in NVIDIA were worth $8,404,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in NVDA. Kingstone Capital Partners Texas LLC lifted its position in shares of NVIDIA by 267,959.7% in the second quarter. Kingstone Capital Partners Texas LLC now owns 382,373,765 shares of the computer hardware maker's stock valued at $64,976,521,000 after acquiring an additional 382,231,120 shares in the last quarter. Nuveen LLC purchased a new position in NVIDIA during the first quarter worth about $15,089,414,000. Goldman Sachs Group Inc. lifted its position in NVIDIA by 123.5% during the first quarter. Goldman Sachs Group Inc. now owns 187,995,213 shares of the computer hardware maker's stock worth $20,374,921,000 after buying an additional 103,889,872 shares during the period. Assenagon Asset Management S.A. lifted its position in NVIDIA by 204.6% during the first quarter. Assenagon Asset Management S.A. now owns 35,652,571 shares of the computer hardware maker's stock worth $3,864,026,000 after buying an additional 23,948,733 shares during the period. Finally, Amundi raised its holdings in shares of NVIDIA by 16.0% in the 1st quarter. Amundi now owns 135,770,043 shares of the computer hardware maker's stock worth $13,826,199,000 after purchasing an additional 18,733,431 shares during the period. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

NVIDIA Price Performance

Shares of NVDA opened at $183.22 on Friday. The firm has a market cap of $4.45 trillion, a price-to-earnings ratio of 52.20, a PEG ratio of 1.32 and a beta of 2.12. The stock has a 50 day moving average of $179.40 and a 200-day moving average of $153.27. The company has a current ratio of 4.21, a quick ratio of 3.60 and a debt-to-equity ratio of 0.08. NVIDIA Corporation has a 52 week low of $86.62 and a 52 week high of $195.62.

NVIDIA (NASDAQ:NVDA - Get Free Report) last released its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.01 by $0.04. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The business had revenue of $46.74 billion during the quarter, compared to analyst estimates of $45.65 billion. During the same quarter in the previous year, the firm posted $0.68 EPS. The business's revenue for the quarter was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. As a group, analysts forecast that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Dividend Announcement

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

Analyst Ratings Changes

NVDA has been the topic of a number of research reports. Bank of America raised their price objective on NVIDIA from $220.00 to $235.00 and gave the stock a "buy" rating in a report on Thursday, August 28th. BNP Paribas upgraded NVIDIA to a "hold" rating in a report on Friday, August 1st. Barclays reiterated an "overweight" rating and set a $240.00 target price (up from $200.00) on shares of NVIDIA in a report on Monday, September 22nd. KeyCorp restated an "overweight" rating and set a $250.00 price objective (up previously from $230.00) on shares of NVIDIA in a research note on Tuesday, September 30th. Finally, Wells Fargo & Company raised their price objective on NVIDIA from $185.00 to $220.00 and gave the company an "overweight" rating in a research note on Monday, August 11th. Five analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of "Buy" and a consensus price target of $222.23.

Insider Activity at NVIDIA

In related news, Director Harvey C. Jones sold 250,000 shares of the business's stock in a transaction that occurred on Thursday, September 18th. The stock was sold at an average price of $176.21, for a total transaction of $44,052,500.00. Following the completion of the transaction, the director owned 7,183,280 shares in the company, valued at $1,265,765,768.80. The trade was a 3.36% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Mark A. Stevens sold 350,000 shares of NVIDIA stock in a transaction on Friday, September 19th. The shares were sold at an average price of $176.39, for a total value of $61,736,500.00. Following the sale, the director directly owned 7,399,803 shares in the company, valued at $1,305,251,251.17. The trade was a 4.52% decrease in their position. The disclosure for this sale can be found here. Insiders sold 3,753,937 shares of company stock worth $667,769,026 in the last 90 days. 4.17% of the stock is currently 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.

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