Kelman Lazarov Inc. Grows Holdings in NVIDIA Corporation $NVDA

Key Points

• Kelman Lazarov Inc. increased its holdings in NVIDIA Corporation by 111.4% in Q1, owning 3,196 shares valued at $346,000 after acquiring an additional 1,684 shares.
• Research analysts have raised their target prices for NVIDIA, with KeyCorp setting a new target at $215.00, reflecting a positive outlook with multiple "overweight" and "buy" ratings.
• Amid significant insider trading, NVIDIA stock has shown strong performance with a 12-month revenue increase of 69.2% year-over-year, despite recent earnings per share falling short of estimates.

Kelman Lazarov Inc. lifted its holdings in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 111.4% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,196 shares of the computer hardware maker's stock after purchasing an additional 1,684 shares during the period. Kelman Lazarov Inc.'s holdings in NVIDIA were worth $346,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in NVDA. Copia Wealth Management acquired a new position in NVIDIA during the 4th quarter worth approximately $50,000. LSV Asset Management acquired a new position in NVIDIA during the 4th quarter worth approximately $54,000. Kathleen S. Wright Associates Inc. grew its holdings 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 worth $44,000 after acquiring an additional 254 shares in the last quarter. Barnes Dennig Private Wealth Management LLC acquired a new position in NVIDIA during the 1st quarter worth approximately $51,000. Finally, Bruce G. Allen Investments LLC grew its holdings 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 worth $53,000 after acquiring an additional 327 shares in the last quarter. Institutional investors and hedge funds own 65.27% of the company's stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. KeyCorp upped their target price on shares of NVIDIA from $190.00 to $215.00 and gave the company an "overweight" rating in a report on Wednesday. Needham & Company LLC upped their price objective on shares of NVIDIA from $160.00 to $200.00 and gave the stock a "buy" rating in a research report on Wednesday, July 16th. Wells Fargo & Company upped their price objective on shares of NVIDIA from $185.00 to $220.00 and gave the stock an "overweight" rating in a research report on Monday, August 11th. Wedbush increased their price target on shares of NVIDIA from $175.00 to $210.00 and gave the company an "outperform" rating in a report on Thursday. Finally, Jefferies Financial Group increased their price target on shares of NVIDIA from $185.00 to $200.00 in a report on Wednesday, July 16th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $192.44.

Insider Activity at NVIDIA

In other news, Director Mark A. Stevens sold 935,000 shares of the stock in a transaction dated Tuesday, June 3rd. The shares were sold at an average price of $140.92, for a total transaction of $131,760,200.00. Following the transaction, the director directly owned 9,214,697 shares in the company, valued at $1,298,535,101.24. This represents a 9.21% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Tench Coxe sold 1,000,000 shares of the stock in a transaction dated Monday, June 9th. The stock was sold at an average price of $142.80, for a total transaction of $142,800,000.00. Following the transaction, the director owned 26,671,360 shares in the company, valued at approximately $3,808,670,208. The trade was a 3.61% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 5,912,440 shares of company stock valued at $902,886,782. Insiders own 4.17% of the company's stock.

NVIDIA Price Performance

NVIDIA stock opened at $177.99 on Friday. NVIDIA Corporation has a 12-month low of $86.62 and a 12-month high of $184.48. The stock has a market capitalization of $4.34 trillion, a P/E ratio of 57.42, a P/E/G ratio of 1.54 and a beta of 2.14. The firm's 50-day moving average is $167.35 and its two-hundred day moving average is $137.31. The company has a debt-to-equity ratio of 0.10, a current ratio of 3.39 and a quick ratio of 2.96.

NVIDIA (NASDAQ:NVDA - Get Free Report) last released its quarterly earnings results on Wednesday, May 28th. The computer hardware maker reported $0.81 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.87 by ($0.06). NVIDIA had a return on equity of 105.09% and a net margin of 51.69%.The firm had revenue of $44.06 billion for the quarter, compared to analyst estimates of $43.09 billion. During the same period in the prior year, the business earned $0.61 earnings per share. NVIDIA's revenue for the quarter was up 69.2% on a year-over-year basis. NVIDIA has set its Q2 2026 guidance at EPS. Equities analysts predict that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Announces Dividend

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

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.

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