Foundations Investment Advisors LLC Acquires 125,525 Shares of NVIDIA Corporation $NVDA

Foundations Investment Advisors LLC increased its stake in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 21.3% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 715,071 shares of the computer hardware maker's stock after acquiring an additional 125,525 shares during the period. NVIDIA comprises about 1.4% of Foundations Investment Advisors LLC's portfolio, making the stock its 13th largest position. Foundations Investment Advisors LLC's holdings in NVIDIA were worth $77,499,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Kathleen S. Wright Associates Inc. grew its position 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. Copia Wealth Management bought a new position in shares of NVIDIA in the 4th quarter valued at about $50,000. Barnes Dennig Private Wealth Management LLC bought a new position in shares of NVIDIA in the 1st quarter valued at about $51,000. Bruce G. Allen Investments LLC grew its position in shares of NVIDIA by 198.2% in the 1st quarter. Bruce G. Allen Investments LLC now owns 492 shares of the computer hardware maker's stock valued at $53,000 after acquiring an additional 327 shares during the period. Finally, LSV Asset Management bought a new position in shares of NVIDIA in the 4th quarter valued at about $54,000. Institutional investors own 65.27% of the company's stock.

Insider Activity

In related news, EVP Ajay K. Puri sold 168,195 shares of NVIDIA stock in a transaction that occurred 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 sale, the executive vice president directly 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 position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Jen Hsun Huang sold 75,000 shares of NVIDIA stock in a transaction that occurred on Wednesday, June 25th. The shares were sold at an average price of $152.54, for a total transaction of $11,440,500.00. Following the sale, the chief executive officer directly owned 75,548,225 shares in the company, valued at $11,524,126,241.50. This trade represents a 0.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 5,912,440 shares of company stock valued at $902,886,782 over the last quarter. 4.17% of the stock is owned by corporate insiders.

NVIDIA Price Performance

Shares of NASDAQ:NVDA traded down $1.43 during midday trading on Thursday, hitting $180.17. The stock had a trading volume of 281,040,214 shares, compared to its average volume of 165,288,688. The company's 50-day moving average price is $169.53 and its 200-day moving average price is $138.41. The company has a market capitalization of $4.40 trillion, a P/E ratio of 51.33, a price-to-earnings-growth ratio of 1.59 and a beta of 2.14. The company has a quick ratio of 2.96, a current ratio of 3.39 and a debt-to-equity ratio of 0.10. NVIDIA Corporation has a fifty-two week low of $86.62 and a fifty-two week high of $184.48.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, beating the consensus estimate of $1.01 by $0.04. The company had revenue of $46.74 billion during the quarter, compared to analysts' expectations of $45.65 billion. NVIDIA had a net margin of 52.41% and a return on equity of 109.66%. The business's revenue for the quarter was up 55.6% compared to the same quarter last year. During the same period in the previous year, the company earned $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. As a group, equities research analysts predict that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th will be given a $0.01 dividend. The ex-dividend date is Thursday, September 11th. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. NVIDIA's payout ratio is presently 1.29%.

Analysts Set New Price Targets

NVDA has been the subject of a number of analyst reports. Needham & Company LLC reissued a "buy" rating and issued a $200.00 price objective on shares of NVIDIA in a research report on Thursday. Robert W. Baird raised their target price on shares of NVIDIA from $195.00 to $225.00 and gave the stock an "outperform" rating in a research note on Monday. Evercore ISI raised their target price on shares of NVIDIA from $190.00 to $214.00 and gave the stock an "outperform" rating in a research note on Friday, August 22nd. Bank of America raised their target price on shares of NVIDIA from $220.00 to $235.00 and gave the stock a "buy" rating in a research note on Thursday. Finally, Arete Research upgraded shares of NVIDIA to a "strong-buy" rating in a research note on Wednesday, May 21st. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, NVIDIA presently has a consensus rating of "Moderate Buy" and an average price target of $206.54.

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.