Fiduciary Wealth Partners LLC Invests $691,000 in NVIDIA Corporation $NVDA

Key Points

• Fiduciary Wealth Partners LLC invested $691,000 in NVIDIA, acquiring 6,373 shares, making it the company's 14th largest position in their investment portfolio.
• Several institutional investors, including Copia Wealth Management and Bruce G. Allen Investments LLC, have also adjusted their stakes in NVIDIA, contributing to the current 65.27% institutional ownership.
• NVIDIA's recent earnings report showed a revenue increase of 55.6% year-over-year, with an EPS of $1.05, surpassing analyst expectations.

Fiduciary Wealth Partners LLC acquired a new stake in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 6,373 shares of the computer hardware maker's stock, valued at approximately $691,000. NVIDIA makes up about 0.6% of Fiduciary Wealth Partners LLC's investment portfolio, making the stock its 14th largest position.

Several other institutional investors and hedge funds have also made changes to their positions in NVDA. Copia Wealth Management purchased a new position in shares of NVIDIA during the fourth quarter worth $50,000. LSV Asset Management acquired a new position in NVIDIA in the 4th quarter valued at about $54,000. Kathleen S. Wright Associates Inc. raised its stake in shares of NVIDIA by 169.3% in the 1st quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker's stock valued at $44,000 after acquiring an additional 254 shares during the period. Barnes Dennig Private Wealth Management LLC purchased a new stake in NVIDIA during the 1st quarter worth approximately $51,000. Finally, Bruce G. Allen Investments LLC increased its stake in NVIDIA by 198.2% during the 1st quarter. Bruce G. Allen Investments LLC now owns 492 shares of the computer hardware maker's stock worth $53,000 after buying an additional 327 shares during the period. 65.27% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

NVDA has been the subject of several research analyst reports. Mizuho upped their target price on shares of NVIDIA from $192.00 to $205.00 and gave the company an "outperform" rating in a report on Thursday, August 14th. Wells Fargo & Company raised their target price on shares of NVIDIA from $185.00 to $220.00 and gave the company an "overweight" rating in a report on Monday, August 11th. Morgan Stanley raised their target price on shares of NVIDIA from $206.00 to $210.00 and gave the stock an "overweight" rating in a research report on Thursday, August 28th. Rosenblatt Securities lifted their price target on shares of NVIDIA from $200.00 to $215.00 and gave the company a "buy" rating in a research report on Thursday, August 28th. Finally, UBS Group lifted their price objective on shares of NVIDIA from $175.00 to $205.00 and gave the company a "buy" rating in a research note on Thursday, August 21st. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, NVIDIA presently has a consensus rating of "Moderate Buy" and an average price target of $207.69.

Insider Transactions at NVIDIA

In other NVIDIA news, Director Tench Coxe sold 1,000,000 shares of the stock in a transaction that occurred on Monday, June 9th. The stock was sold at an average price of $142.80, for a total transaction of $142,800,000.00. Following the transaction, the director owned 26,671,360 shares in the company, valued at $3,808,670,208. This trade represents a 3.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at 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 shares were sold at an average price of $152.64, for a total transaction of $25,673,284.80. Following the transaction, the executive vice president owned 4,018,547 shares of the company's stock, valued at approximately $613,391,014.08. The trade was a 4.02% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 4,801,604 shares of company stock worth $747,046,639. Corporate insiders own 4.17% of the company's stock.

NVIDIA Price Performance

NASDAQ NVDA opened at $174.18 on Tuesday. The stock's 50-day moving average price is $171.43 and its two-hundred day moving average price is $139.35. 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 company has a market cap of $4.23 trillion, a PE ratio of 49.62, a PEG ratio of 1.30 and a beta of 2.10. NVIDIA Corporation has a 1 year low of $86.62 and a 1 year high of $184.48.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate 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 business's revenue for the quarter was up 55.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. On average, analysts predict that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Dividend Announcement

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

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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