Fidato Wealth LLC Acquires Shares of 4,589 NVIDIA Corporation $NVDA

Key Points

• Fidato Wealth LLC has acquired a new position in NVIDIA Corporation, purchasing 4,589 shares valued at approximately $497,000, making NVIDIA the 13th largest position in their portfolio.
• NVIDIA recently reported $1.05 EPS for the quarter, exceeding estimates, and posted a revenue of $46.74 billion, which is a 55.6% increase year-over-year.
• Insiders have recently sold shares, including the CEO who sold 75,000 shares for about $12.73 million, representing a minor decrease in their total holdings.

Fidato Wealth LLC purchased a new stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 4,589 shares of the computer hardware maker's stock, valued at approximately $497,000. NVIDIA accounts for about 0.4% of Fidato Wealth LLC's holdings, making the stock its 13th largest holding.

A number of other institutional investors and hedge funds have also recently bought and sold shares of NVDA. Brighton Jones LLC grew its position in NVIDIA by 12.4% in the fourth quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker's stock valued at $43,631,000 after acquiring an additional 35,815 shares in the last quarter. Bank Pictet & Cie Europe AG boosted its position in NVIDIA by 1.0% in the 4th quarter. Bank Pictet & Cie Europe AG now owns 2,346,417 shares of the computer hardware maker's stock valued at $315,100,000 after buying an additional 22,929 shares during the last quarter. Highview Capital Management LLC DE boosted its position in NVIDIA by 6.7% in the 4th quarter. Highview Capital Management LLC DE now owns 58,396 shares of the computer hardware maker's stock valued at $7,842,000 after buying an additional 3,653 shares during the last quarter. Hudson Value Partners LLC increased its position in shares of NVIDIA by 30.7% during the fourth quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker's stock worth $6,805,000 after acquiring an additional 11,900 shares during the last quarter. Finally, Selway Asset Management acquired a new position in shares of NVIDIA in the fourth quarter worth about $269,000. Hedge funds and other institutional investors own 65.27% of the company's stock.

NVIDIA Stock Performance

NVIDIA stock traded down $0.16 during mid-day trading on Thursday, reaching $177.17. The company's stock had a trading volume of 150,723,200 shares, compared to its average volume of 176,675,152. The firm has a market cap of $4.31 trillion, a price-to-earnings ratio of 50.48, a PEG ratio of 1.29 and a beta of 2.10. The business has a 50 day moving average price of $173.69 and a 200-day moving average price of $140.91. 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 twelve month low of $86.62 and a twelve month high of $184.48.

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

NVIDIA Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 2nd. Shareholders 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 yield of 0.0%. The ex-dividend date is Thursday, September 11th. NVIDIA's dividend payout ratio (DPR) is presently 1.14%.

Insider Transactions at NVIDIA

In related news, CEO Jen Hsun Huang sold 75,000 shares of NVIDIA stock in a transaction dated Wednesday, September 10th. The shares were sold at an average price of $177.57, for a total transaction of $13,317,750.00. Following the sale, the chief executive officer directly owned 72,248,366 shares in the company, valued at $12,829,142,350.62. The trade was a 0.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Dawn E. Hudson sold 18,000 shares of NVIDIA stock in a transaction dated Wednesday, September 3rd. The shares were sold at an average price of $172.00, for a total transaction of $3,096,000.00. Following the sale, the director owned 368,887 shares in the company, valued at approximately $63,448,564. This represents a 4.65% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 3,907,755 shares of company stock worth $633,253,430. Company insiders own 4.17% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on NVDA shares. Craig Hallum raised their price objective on NVIDIA from $195.00 to $245.00 and gave the company a "buy" rating in a research note on Thursday, August 28th. JPMorgan Chase & Co. reissued an "overweight" rating and set a $215.00 price target on shares of NVIDIA in a research report on Thursday, September 4th. Stifel Nicolaus upped their price target on shares of NVIDIA from $202.00 to $212.00 and gave the company a "buy" rating in a report on Monday, August 25th. Truist Financial increased their price objective on shares of NVIDIA from $210.00 to $228.00 and gave the company a "buy" rating in a research note on Thursday, August 28th. Finally, Wells Fargo & Company boosted their target price on shares of NVIDIA from $185.00 to $220.00 and gave the stock an "overweight" rating in a research report on Monday, August 11th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $207.83.

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.