GSG Advisors LLC Has $7.17 Million Position in NVIDIA Corporation $NVDA

Key Points

• GSG Advisors LLC increased its stake in NVIDIA Corporation by 3.3%, owning 45,368 shares valued at approximately $7.17 million, which now constitutes about 2.1% of its portfolio.
• Recent reports from analysts indicate bullish forecasts for NVIDIA, with price targets raised significantly by firms such as Daiwa Capital Markets and Piper Sandler, reflecting a consensus rating of "Moderate Buy" and a target price of $208.76.
• NVIDIA recently reported earnings of $1.05 per share, surpassing estimates, with revenue increasing 55.6% year-over-year, demonstrating strong financial performance amid ongoing interest from institutional investors.

GSG Advisors LLC boosted its position in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 3.3% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 45,368 shares of the computer hardware maker's stock after buying an additional 1,430 shares during the period. NVIDIA makes up approximately 2.1% of GSG Advisors LLC's portfolio, making the stock its 10th biggest position. GSG Advisors LLC's holdings in NVIDIA were worth $7,168,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Kathleen S. Wright Associates Inc. boosted its stake in NVIDIA by 169.3% during the 1st quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker's stock valued at $44,000 after purchasing an additional 254 shares during the last quarter. Copia Wealth Management acquired a new position in NVIDIA during the 4th quarter valued at about $50,000. Barnes Dennig Private Wealth Management LLC acquired a new position in NVIDIA during the 1st quarter valued at about $51,000. Bruce G. Allen Investments LLC boosted 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 valued at $53,000 after purchasing an additional 327 shares during the last quarter. Finally, Campbell Capital Management Inc. boosted its stake in NVIDIA by 5,900.0% during the 1st quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker's stock valued at $65,000 after purchasing an additional 590 shares during the last quarter. 65.27% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. Daiwa Capital Markets lifted their price target on NVIDIA from $165.00 to $205.00 and gave the company an "outperform" rating in a research note on Wednesday, September 17th. Piper Sandler set a $225.00 target price on NVIDIA and gave the stock an "overweight" rating in a research note on Wednesday, August 13th. Loop Capital boosted their target price on NVIDIA from $175.00 to $250.00 and gave the stock a "buy" rating in a research note on Wednesday, June 25th. UBS Group reiterated a "buy" rating on shares of NVIDIA in a research note on Tuesday. Finally, Phillip Securities upgraded NVIDIA from a "moderate buy" rating to a "strong-buy" rating in a research note on Monday, July 14th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-six have assigned a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $208.76.

NVIDIA Stock Performance

NVIDIA stock opened at $178.43 on Wednesday. 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 50-day moving average of $176.28 and a 200-day moving average of $144.59. The firm has a market cap of $4.34 trillion, a P/E ratio of 50.83, a P/E/G ratio of 1.33 and a beta of 2.10. NVIDIA Corporation has a 1-year low of $86.62 and a 1-year high of $184.55.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share 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 analyst estimates of $45.65 billion. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. NVIDIA's revenue for the quarter was up 55.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. Sell-side analysts expect that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 2nd. Shareholders 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 annualized dividend and a yield of 0.0%. NVIDIA's dividend payout ratio (DPR) is 1.14%.

Insiders Place Their Bets

In other NVIDIA news, Director Harvey C. Jones sold 250,000 shares of the firm's stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $176.21, for a total value of $44,052,500.00. Following the completion of the sale, the director directly owned 7,183,280 shares in the company, valued at $1,265,765,768.80. This trade represents a 3.36% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Mark A. Stevens sold 350,000 shares of the firm's stock in a transaction that occurred on Friday, September 19th. The shares were sold at an average price of $176.39, for a total transaction of $61,736,500.00. Following the transaction, the director directly owned 7,399,803 shares of the company's stock, valued at $1,305,251,251.17. This represents a 4.52% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 4,203,905 shares of company stock valued at $722,009,402 over the last ninety days. 4.17% of the stock is owned by corporate insiders.

NVIDIA 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.

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