John W. Brooker & Co. CPAs purchased a new stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor purchased 1,300 shares of the computer hardware maker's stock, valued at approximately $213,000.
Several other large investors have also recently added to or reduced their stakes in NVDA. Astoria Portfolio Advisors LLC. grew its stake in shares of NVIDIA by 0.9% during 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 acquiring an additional 864 shares in the last quarter. Centerpoint Advisory Group grew its stake in shares of NVIDIA by 2.5% during the first quarter. Centerpoint Advisory Group now owns 39,398 shares of the computer hardware maker's stock valued at $4,270,000 after acquiring an additional 943 shares in the last quarter. GSB Wealth Management LLC grew its stake in shares of NVIDIA by 3.3% during 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 acquiring an additional 1,043 shares in the last quarter. Variant Private Wealth LLC grew its stake in shares of NVIDIA by 20.6% during 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 acquiring an additional 3,206 shares in the last quarter. Finally, Financial Perspectives Inc grew its stake in shares of NVIDIA by 2.8% during the first quarter. Financial Perspectives Inc now owns 45,958 shares of the computer hardware maker's stock valued at $4,981,000 after acquiring an additional 1,265 shares in the last quarter. 65.27% of the stock is currently owned by institutional investors and hedge funds.
Insiders Place Their Bets
In other NVIDIA news, Director Mark A. Stevens sold 350,000 shares of NVIDIA stock in a transaction that occurred on Friday, September 19th. The shares were sold at an average price of $176.39, for a total value of $61,736,500.00. Following the transaction, the director owned 7,399,803 shares in the company, valued at approximately $1,305,251,251.17. The trade was a 4.52% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Harvey C. Jones sold 250,000 shares of NVIDIA stock in a transaction that occurred on Thursday, September 18th. The stock was sold at an average price of $176.21, for a total transaction of $44,052,500.00. Following the completion of the transaction, the director owned 7,183,280 shares in the company, valued at approximately $1,265,765,768.80. This trade represents a 3.36% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 3,775,379 shares of company stock worth $665,883,171. 4.17% of the stock is owned by insiders.
NVIDIA Price Performance
Shares of NASDAQ:NVDA opened at $192.57 on Friday. NVIDIA Corporation has a 12 month low of $86.62 and a 12 month high of $195.30. The stock has a market cap of $4.68 trillion, a price-to-earnings ratio of 54.86, a PEG ratio of 1.37 and a beta of 2.12. The stock's 50 day moving average price is $178.97 and its 200 day moving average price is $150.06. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.21 and a quick ratio of 3.60.
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, topping the consensus estimate of $1.01 by $0.04. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The firm had revenue of $46.74 billion for the quarter, compared to analysts' expectations of $45.65 billion. During the same quarter in the previous year, the company earned $0.68 earnings per share. The firm's quarterly revenue was up 55.6% compared to the same quarter last year. 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 fiscal year.
NVIDIA Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Thursday, October 2nd. Shareholders of record on Thursday, September 11th were given a $0.01 dividend. 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%.
Analyst Ratings Changes
Several analysts have recently weighed in on the company. BNP Paribas upgraded NVIDIA to a "hold" rating in a research note on Friday, August 1st. Stifel Nicolaus lifted their price target on NVIDIA from $202.00 to $212.00 and gave the stock a "buy" rating in a research note on Monday, August 25th. TD Cowen lifted their price target on NVIDIA from $140.00 to $235.00 and gave the stock a "buy" rating in a research note on Tuesday, August 19th. Piper Sandler set a $225.00 price target on NVIDIA and gave the stock an "overweight" rating in a research note on Wednesday, August 13th. Finally, New Street Research raised their target price on shares of NVIDIA from $200.00 to $235.00 and gave the stock a "buy" rating in a report on Friday, September 12th. Four analysts have rated the stock with a Strong Buy rating, thirty-seven have given a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $212.84.
View Our Latest Research Report on NVIDIA
NVIDIA Profile
(
Free Report)
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.
Further Reading
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