Kestra Private Wealth Services LLC Has $153.43 Million Stock Holdings in NVIDIA Corporation $NVDA

Key Points

• Kestra Private Wealth Services LLC increased its holdings in NVIDIA Corporation by 2.6%, owning a total of 1,415,635 shares valued at approximately $153.4 million at the end of the last quarter.
• Several institutional investors have significantly invested in NVIDIA, with GAMMA Investing LLC increasing its holdings by over 12,173.2% during the same period.
• NVIDIA's stock is currently trading at $180.45 with a market cap of $4.4 trillion, despite recently missing earnings estimates.

Kestra Private Wealth Services LLC boosted its position in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 2.6% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 1,415,635 shares of the computer hardware maker's stock after purchasing an additional 35,818 shares during the period. NVIDIA comprises 2.6% of Kestra Private Wealth Services LLC's holdings, making the stock its 2nd largest position. Kestra Private Wealth Services LLC's holdings in NVIDIA were worth $153,427,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of NVDA. Copia Wealth Management acquired a new position in NVIDIA during the fourth quarter valued at approximately $50,000. Barnes Dennig Private Wealth Management LLC acquired a new position in NVIDIA during the first quarter valued at approximately $51,000. Bruce G. Allen Investments LLC raised its position in NVIDIA by 198.2% during the first 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 in the last quarter. LSV Asset Management acquired a new position in NVIDIA during the fourth quarter valued at approximately $54,000. Finally, Delos Wealth Advisors LLC raised its position in NVIDIA by 134.8% during the fourth quarter. Delos Wealth Advisors LLC now owns 493 shares of the computer hardware maker's stock valued at $66,000 after purchasing an additional 283 shares in the last quarter. 65.27% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other NVIDIA news, CFO Colette Kress sold 27,640 shares of the stock in a transaction dated Monday, August 4th. The shares were sold at an average price of $178.06, for a total value of $4,921,578.40. Following the completion of the sale, the chief financial officer owned 2,956,876 shares in the company, valued at approximately $526,501,340.56. This trade represents a 0.93% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Jen Hsun Huang sold 75,000 shares of the stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $179.76, for a total transaction of $13,482,000.00. Following the completion of the sale, the chief executive officer owned 72,848,225 shares of the company's stock, valued at approximately $13,095,196,926. This trade represents a 0.10% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 5,912,440 shares of company stock valued at $902,886,782. Company insiders own 4.17% of the company's stock.

Analyst Ratings Changes

A number of analysts have weighed in on the stock. Seaport Res Ptn raised shares of NVIDIA to a "strong sell" rating in a research note on Wednesday, April 30th. The Goldman Sachs Group assumed coverage on shares of NVIDIA in a research note on Thursday, July 10th. They set a "buy" rating and a $185.00 target price on the stock. KeyCorp boosted their target price on shares of NVIDIA from $190.00 to $215.00 and gave the stock an "overweight" rating in a research note on Wednesday. BNP Paribas raised shares of NVIDIA to a "hold" rating in a research note on Friday, August 1st. Finally, Wells Fargo & Company boosted their target price on shares of NVIDIA from $185.00 to $220.00 and gave the stock an "overweight" rating in a research note on Monday, August 11th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $189.97.

NVIDIA Trading Down 0.1%

NVDA stock traded down $0.24 during midday trading on Wednesday, hitting $175.40. The stock had a trading volume of 214,364,691 shares, compared to its average volume of 154,218,928. The firm has a market cap of $4.28 trillion, a P/E ratio of 56.58, a price-to-earnings-growth ratio of 1.54 and a beta of 2.14. The company has a current ratio of 3.39, a quick ratio of 2.96 and a debt-to-equity ratio of 0.10. NVIDIA Corporation has a 1-year low of $86.62 and a 1-year high of $184.48. The business has a fifty day moving average price of $166.03 and a two-hundred day moving average price of $136.50.

NVIDIA (NASDAQ:NVDA - Get Free Report) last released its 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 net margin of 51.69% and a return on equity of 105.09%. The firm had revenue of $44.06 billion during the quarter, compared to analyst estimates of $43.09 billion. During the same quarter in the previous year, the firm earned $0.61 EPS. NVIDIA's quarterly revenue was up 69.2% on a year-over-year basis. NVIDIA has set its Q2 2026 guidance at EPS. On average, sell-side analysts predict that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

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

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.