Hill Island Financial LLC Buys 14,129 Shares of NVIDIA Corporation $NVDA

Key Points

• Hill Island Financial LLC increased its NVIDIA holdings by 133.0% during the second quarter, owning a total of 24,754 shares valued at approximately $3.9 million.
• CEO Jen Hsun Huang sold 75,000 shares of NVIDIA stock for about $13.75 million, reducing his ownership by 0.11%, while insiders sold over 3.75 million shares valued at approximately $669 million in the last three months.
• Analyst ratings for NVIDIA are largely positive, with a consensus rating of "Buy" and a target price averaging $222.23, following several upgrades and positive earnings reports.

Hill Island Financial LLC boosted its position in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 133.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 24,754 shares of the computer hardware maker's stock after acquiring an additional 14,129 shares during the quarter. NVIDIA accounts for approximately 1.1% of Hill Island Financial LLC's portfolio, making the stock its 18th largest holding. Hill Island Financial LLC's holdings in NVIDIA were worth $3,911,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC boosted its stake in shares of NVIDIA by 12.4% in the 4th quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker's stock valued at $43,631,000 after purchasing an additional 35,815 shares in the last quarter. Bank Pictet & Cie Europe AG lifted its stake in NVIDIA by 1.0% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 2,346,417 shares of the computer hardware maker's stock worth $315,100,000 after purchasing an additional 22,929 shares during the last quarter. Highview Capital Management LLC DE boosted its position in NVIDIA by 6.7% during the fourth 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 period. Hudson Value Partners LLC grew its stake 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 valued at $6,805,000 after buying an additional 11,900 shares during the last quarter. Finally, Wealth Group Ltd. increased its stake in shares of NVIDIA by 15.7% in the first quarter. Wealth Group Ltd. now owns 6,598 shares of the computer hardware maker's stock worth $715,000 after buying an additional 896 shares during the period. Institutional investors own 65.27% of the company's stock.

Analyst Ratings Changes

Several analysts recently issued reports on NVDA shares. Phillip Securities raised NVIDIA from a "moderate buy" rating to a "strong-buy" rating in a research note on Monday, July 14th. Loop Capital raised their target price on shares of NVIDIA from $175.00 to $250.00 and gave the company a "buy" rating in a research note on Wednesday, June 25th. Bank of America upped their price target on shares of NVIDIA from $220.00 to $235.00 and gave the stock a "buy" rating in a research note on Thursday, August 28th. Jefferies Financial Group reaffirmed a "buy" rating and issued a $220.00 target price (up from $205.00) on shares of NVIDIA in a report on Monday, September 29th. Finally, Stifel Nicolaus increased 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. Five analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Buy" and an average price target of $222.23.

Insider Transactions at NVIDIA

In other NVIDIA news, CEO Jen Hsun Huang sold 75,000 shares of the company's stock in a transaction dated Monday, October 20th. The stock was sold at an average price of $183.38, for a total value of $13,753,500.00. Following the completion of the sale, the chief executive officer owned 70,108,203 shares in the company, valued at $12,856,442,266.14. This represents a 0.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders sold a total of 3,753,937 shares of company stock worth $669,548,776 over the last three months. Insiders own 4.17% of the company's stock.

NVIDIA Price Performance

NASDAQ NVDA opened at $180.28 on Thursday. The company has a 50-day moving average price of $179.34 and a 200-day moving average price of $154.61. NVIDIA Corporation has a 52 week low of $86.62 and a 52 week high of $195.62. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08. The firm has a market capitalization of $4.38 trillion, a P/E ratio of 51.36, a PEG ratio of 1.31 and a beta of 2.12.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, beating analysts' consensus estimates of $1.01 by $0.04. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The business had revenue of $46.74 billion during the quarter, compared to analysts' expectations of $45.65 billion. During the same period in the prior year, the company earned $0.68 earnings per share. The firm's revenue was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. Equities research analysts anticipate that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, October 2nd. Investors of record on Thursday, September 11th were given a dividend of $0.01 per share. The ex-dividend date was Thursday, September 11th. This represents a $0.04 annualized dividend and a yield of 0.0%. NVIDIA's payout ratio is 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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