Integrity Investment Advisors LLC Makes New $1.09 Million Investment in NVIDIA Corporation $NVDA

Key Points

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Integrity Investment Advisors LLC purchased a new stake in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 10,090 shares of the computer hardware maker's stock, valued at approximately $1,094,000. NVIDIA comprises approximately 1.0% of Integrity Investment Advisors LLC's holdings, making the stock its 20th largest holding.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Copia Wealth Management acquired a new position in NVIDIA in the fourth quarter worth approximately $50,000. LSV Asset Management purchased a new position in NVIDIA during the 4th quarter worth approximately $54,000. Barnes Dennig Private Wealth Management LLC purchased a new position in shares of NVIDIA during the 1st quarter valued at $51,000. Bruce G. Allen Investments LLC grew its holdings in shares of 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 acquiring an additional 327 shares in the last quarter. Finally, Delos Wealth Advisors LLC grew its holdings in shares of NVIDIA by 134.8% during the 4th quarter. Delos Wealth Advisors LLC now owns 493 shares of the computer hardware maker's stock valued at $66,000 after acquiring an additional 283 shares in the last quarter. Institutional investors own 65.27% of the company's stock.

NVIDIA Trading Down 0.3%

NASDAQ NVDA traded down $0.5280 during trading hours on Thursday, hitting $174.8720. The company's stock had a trading volume of 95,583,168 shares, compared to its average volume of 240,072,125. The stock has a fifty day moving average of $166.03 and a 200 day moving average of $136.50. NVIDIA Corporation has a twelve month low of $86.62 and a twelve month high of $184.48. The firm has a market capitalization of $4.27 trillion, a P/E ratio of 56.39, a PEG ratio of 1.54 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 (NASDAQ:NVDA - Get Free Report) last announced its quarterly earnings data on Wednesday, May 28th. The computer hardware maker reported $0.81 earnings per share for the quarter, missing the consensus estimate of $0.87 by ($0.06). NVIDIA had a net margin of 51.69% and a return on equity of 105.09%. The business had revenue of $44.06 billion during the quarter, compared to analyst estimates of $43.09 billion. During the same quarter in the prior year, the company earned $0.61 earnings per share. The company's quarterly revenue was up 69.2% on a year-over-year basis. NVIDIA has set its Q2 2026 guidance at EPS. Equities research analysts forecast that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, July 3rd. Investors of record on Wednesday, June 11th were issued a $0.01 dividend. This represents a $0.04 annualized dividend and a yield of 0.0%. The ex-dividend date was Wednesday, June 11th. NVIDIA's dividend payout ratio is currently 1.29%.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on NVDA shares. Bank of America lifted their price objective on shares of NVIDIA from $180.00 to $220.00 in a research note on Wednesday, July 16th. Arete Research upgraded shares of NVIDIA to a "strong-buy" rating in a report on Wednesday, May 21st. KeyCorp boosted their price objective on shares of NVIDIA from $190.00 to $215.00 and gave the stock an "overweight" rating in a report on Wednesday. The Goldman Sachs Group initiated coverage on shares of NVIDIA in a research report on Thursday, July 10th. They issued a "buy" rating and a $185.00 price target for the company. Finally, TD Cowen increased their price target on shares of NVIDIA from $140.00 to $235.00 and gave the stock a "buy" rating in a research report on Tuesday. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $191.78.

Insider Buying and Selling at NVIDIA

In related news, EVP Ajay K. Puri sold 168,195 shares of the stock in a transaction that occurred on Wednesday, June 25th. The shares were sold at an average price of $152.64, for a total value of $25,673,284.80. Following the transaction, the executive vice president directly owned 4,018,547 shares in the company, valued at $613,391,014.08. This represents a 4.02% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Jen Hsun Huang sold 75,000 shares of the 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 completion of the transaction, the chief executive officer owned 75,548,225 shares in the company, valued at $11,524,126,241.50. This represents a 0.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 5,912,440 shares of company stock valued at $902,886,782. 4.17% of the stock is currently 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.