GSG Advisors LLC Acquires 2,371 Shares of NVIDIA Corporation $NVDA

Key Points

• GSG Advisors LLC increased its stake in NVIDIA by 5.7%, acquiring an additional 2,371 shares, bringing their total holdings to 43,938 shares valued at $5,023,000.
• Director Dawn E. Hudson and CEO Jen Hsun Huang sold shares worth a combined total of over $15 million, representing minor decreases in their ownership stakes.
• Analysts maintain a positive outlook for NVIDIA, with several firms setting price targets above $200, reflecting a consensus rating of "Moderate Buy."

GSG Advisors LLC grew its holdings in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 5.7% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 43,938 shares of the computer hardware maker's stock after purchasing an additional 2,371 shares during the quarter. NVIDIA comprises about 1.6% of GSG Advisors LLC's investment portfolio, making the stock its 14th largest position. GSG Advisors LLC's holdings in NVIDIA were worth $5,023,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of NVDA. Astoria Portfolio Advisors LLC. increased its holdings in NVIDIA by 0.9% in the first quarter. Astoria Portfolio Advisors LLC. now owns 93,568 shares of the computer hardware maker's stock valued at $9,610,000 after purchasing an additional 864 shares during the last quarter. Centerpoint Advisory Group increased its holdings in NVIDIA by 2.5% in the first quarter. Centerpoint Advisory Group now owns 39,398 shares of the computer hardware maker's stock valued at $4,270,000 after purchasing an additional 943 shares during the last quarter. GSB Wealth Management LLC increased its holdings in NVIDIA by 3.3% in the first quarter. GSB Wealth Management LLC now owns 32,611 shares of the computer hardware maker's stock valued at $3,534,000 after purchasing an additional 1,043 shares during the last quarter. Variant Private Wealth LLC increased its holdings in NVIDIA by 20.6% in the first quarter. Variant Private Wealth LLC now owns 18,800 shares of the computer hardware maker's stock valued at $2,038,000 after purchasing an additional 3,206 shares during the last quarter. Finally, Financial Perspectives Inc increased its holdings in NVIDIA by 2.8% in the first quarter. Financial Perspectives Inc now owns 45,958 shares of the computer hardware maker's stock valued at $4,981,000 after purchasing an additional 1,265 shares during the last quarter. Institutional investors and hedge funds own 65.27% of the company's stock.

NVIDIA Stock Down 0.1%

Shares of NVDA stock traded down $0.16 on Thursday, hitting $177.17. 150,723,200 shares of the stock were exchanged, compared to its average volume of 176,675,152. 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 market capitalization of $4.31 trillion, a P/E ratio of 50.48, a price-to-earnings-growth ratio of 1.29 and a beta of 2.10. The business has a 50-day moving average of $173.69 and a 200 day moving average of $140.91. 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 posted 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 company 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 company's quarterly revenue was up 55.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. Equities analysts anticipate that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Dividend Announcement

The business also recently declared 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. The ex-dividend date of this dividend is Thursday, September 11th. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. NVIDIA's payout ratio is 1.14%.

Analyst Ratings Changes

A number of equities research analysts recently commented on NVDA shares. Wells Fargo & Company upped their price objective on NVIDIA from $185.00 to $220.00 and gave the company an "overweight" rating in a report on Monday, August 11th. Robert W. Baird boosted their target price on NVIDIA from $195.00 to $225.00 and gave the company an "outperform" rating in a research note on Monday, August 25th. Cantor Fitzgerald reissued an "overweight" rating and issued a $240.00 target price on shares of NVIDIA in a research note on Thursday, August 28th. Citigroup decreased their target price on NVIDIA from $210.00 to $200.00 and set a "buy" rating for the company in a research note on Monday. Finally, 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 report on Friday, August 22nd. Four analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, NVIDIA has a consensus rating of "Moderate Buy" and a consensus target price of $207.83.

Insider Buying and Selling

In other news, CEO Jen Hsun Huang sold 75,000 shares of the stock in a transaction that occurred on Wednesday, September 10th. The stock was sold at an average price of $177.57, for a total value of $13,317,750.00. Following the completion of the sale, the chief executive officer owned 72,248,366 shares of the company's stock, valued at approximately $12,829,142,350.62. This represents a 0.10% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Dawn E. Hudson sold 18,000 shares of the firm's stock in a transaction on 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 completion of the transaction, the director directly owned 368,887 shares of the company's stock, valued at $63,448,564. This represents a 4.65% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 3,907,755 shares of company stock worth $633,253,430. Company insiders own 4.17% of the company's stock.

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.