Liberty Wealth Management LLC Raises Holdings in NVIDIA Corporation $NVDA

Key Points

• Liberty Wealth Management LLC significantly increased its stake in NVIDIA Corporation by 876.4% during Q1, owning a total of 962,095 shares valued at approximately $104 million.
• NVIDIA reported impressive Q2 earnings, with earnings per share (EPS) of $1.05 and revenue of $46.74 billion, exceeding analyst expectations and reflecting a 55.6% year-over-year revenue growth.
• The company has a strong market presence with insider sales reported, including transactions by CFO Colette Kress and CEO Jen Hsun Huang, indicating ongoing executive activity in the stock.

Liberty Wealth Management LLC boosted its stake in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 876.4% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 962,095 shares of the computer hardware maker's stock after purchasing an additional 863,563 shares during the quarter. NVIDIA makes up 1.9% of Liberty Wealth Management LLC's investment portfolio, making the stock its 12th biggest holding. Liberty Wealth Management LLC's holdings in NVIDIA were worth $104,272,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also made changes to their positions in the company. Bank of Nova Scotia Trust Co. boosted its position in shares of NVIDIA by 6.3% in the 1st quarter. Bank of Nova Scotia Trust Co. now owns 11,176 shares of the computer hardware maker's stock valued at $1,211,000 after purchasing an additional 664 shares during the period. Malaga Cove Capital LLC lifted its position in NVIDIA by 0.6% during the 1st quarter. Malaga Cove Capital LLC now owns 22,704 shares of the computer hardware maker's stock worth $2,461,000 after acquiring an additional 146 shares during the period. Pathway Financial Advisers LLC lifted its holdings in shares of NVIDIA by 4.3% in the 1st quarter. Pathway Financial Advisers LLC now owns 14,369 shares of the computer hardware maker's stock valued at $1,557,000 after buying an additional 591 shares during the period. R Squared Ltd lifted its holdings in shares of NVIDIA by 204.1% in the 1st quarter. R Squared Ltd now owns 6,480 shares of the computer hardware maker's stock valued at $702,000 after buying an additional 4,349 shares during the period. Finally, Banco Santander S.A. lifted its holdings in shares of NVIDIA by 15.0% in the 1st quarter. Banco Santander S.A. now owns 2,666,381 shares of the computer hardware maker's stock valued at $288,982,000 after buying an additional 348,112 shares during the period. Hedge funds and other institutional investors own 65.27% of the company's stock.

NVIDIA Trading Down 3.3%

Shares of NASDAQ:NVDA opened at $174.18 on Tuesday. The stock has a market capitalization of $4.23 trillion, a PE ratio of 49.62, a P/E/G ratio of 1.30 and a beta of 2.10. NVIDIA Corporation has a 1 year low of $86.62 and a 1 year high of $184.48. The firm has a fifty day moving average price of $171.43 and a 200 day moving average price of $139.35. The company has a current ratio of 4.21, a quick ratio of 3.60 and a debt-to-equity ratio of 0.08.

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

NVIDIA Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 2nd. Shareholders of record on Thursday, September 11th will be issued a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. The ex-dividend date is Thursday, September 11th. NVIDIA's dividend payout ratio is 1.14%.

Insider Transactions at NVIDIA

In other NVIDIA news, CFO Colette Kress sold 27,640 shares of the company's stock in a transaction dated Monday, August 4th. The shares were sold at an average price of $178.06, for a total transaction of $4,921,578.40. Following the completion of the sale, the chief financial officer directly owned 2,956,876 shares in the company, valued at $526,501,340.56. This represents a 0.93% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Jen Hsun Huang sold 75,000 shares of the company's 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 sale, the chief executive officer owned 72,848,225 shares of the company's stock, valued at $13,095,196,926. This trade represents a 0.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 4,801,604 shares of company stock valued at $747,046,639 over the last 90 days. Corporate insiders own 4.17% of the company's stock.

Analyst Ratings Changes

Several equities analysts recently weighed in on NVDA shares. Citigroup reaffirmed a "buy" rating and issued a $210.00 price objective (up from $190.00) on shares of NVIDIA in a research note on Thursday. BNP Paribas upgraded NVIDIA to a "hold" rating in a report on Friday, August 1st. Summit Insights upgraded NVIDIA from a "hold" rating to a "buy" rating in a research note on Thursday, May 29th. Sanford C. Bernstein reissued an "outperform" rating and issued a $225.00 price objective (up from $185.00) on shares of NVIDIA in a report on Thursday. Finally, Truist Financial upped their target price on NVIDIA from $210.00 to $228.00 and gave the company a "buy" rating in a report on Thursday, August 28th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, NVIDIA currently has an average rating of "Moderate Buy" and an average price target of $207.69.

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.

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