Mather Group LLC. Acquires 8,109 Shares of NVIDIA Corporation $NVDA

Key Points

• Mather Group LLC increased its stake in NVIDIA Corporation by 4.6%, purchasing an additional 8,109 shares during the second quarter, bringing its total holdings to 185,548 shares valued at approximately $29.3 million.
• Several institutional investors have also adjusted their stakes in NVIDIA, with Brighton Jones LLC raising its position by 12.4% in the fourth quarter, now holding 324,901 shares valued at around $43.6 million.
• NVIDIA recently declared a quarterly dividend of $0.01, representing a total of $0.04 annualized dividend, with a payout ratio of 1.14%.

Mather Group LLC. lifted its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 4.6% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 185,548 shares of the computer hardware maker's stock after purchasing an additional 8,109 shares during the quarter. Mather Group LLC.'s holdings in NVIDIA were worth $29,315,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in NVDA. Brighton Jones LLC raised its position in shares of NVIDIA by 12.4% in the 4th quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker's stock worth $43,631,000 after purchasing an additional 35,815 shares during the last quarter. Bank Pictet & Cie Europe AG lifted its stake in shares of NVIDIA by 1.0% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 2,346,417 shares of the computer hardware maker's stock worth $315,100,000 after buying an additional 22,929 shares in the last quarter. Highview Capital Management LLC DE grew its holdings in shares of NVIDIA by 6.7% during the fourth quarter. Highview Capital Management LLC DE now owns 58,396 shares of the computer hardware maker's stock valued at $7,842,000 after buying an additional 3,653 shares during the last quarter. Hudson Value Partners LLC increased its position in shares of NVIDIA by 30.7% during the fourth quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker's stock valued at $6,805,000 after acquiring an additional 11,900 shares in the last quarter. Finally, Northstar Financial Companies Inc. purchased a new position in NVIDIA in the 4th quarter worth approximately $565,000. Institutional investors own 65.27% of the company's stock.

Insider Buying and Selling at NVIDIA

In other NVIDIA news, Director Persis Drell sold 40,000 shares of the stock in a transaction on Friday, September 19th. The shares were sold at an average price of $177.65, for a total transaction of $7,106,000.00. Following the completion of the transaction, the director owned 138,740 shares in the company, valued at $24,647,161. This trade represents a 22.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Jen Hsun Huang sold 75,000 shares of NVIDIA stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $186.61, for a total transaction of $13,995,750.00. Following the completion of the transaction, the chief executive officer directly owned 71,083,203 shares of the company's stock, valued at $13,264,836,511.83. The trade was a 0.11% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 3,971,893 shares of company stock worth $694,502,352. Company insiders own 4.17% of the company's stock.

NVIDIA Trading Down 0.7%

Shares of NVIDIA stock opened at $187.62 on Monday. NVIDIA Corporation has a twelve month low of $86.62 and a twelve month high of $191.05. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08. The business has a 50-day moving average price of $178.11 and a 200-day moving average price of $148.57. The firm has a market cap of $4.56 trillion, a price-to-earnings ratio of 53.45, a PEG ratio of 1.36 and a beta of 2.12.

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

NVIDIA Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 2nd. Investors of record on Thursday, September 11th were given a $0.01 dividend. This represents a $0.04 annualized dividend and a yield of 0.0%. The ex-dividend date was Thursday, September 11th. NVIDIA's payout ratio is currently 1.14%.

Analyst Ratings Changes

NVDA has been the topic of several recent analyst reports. New Street Research increased their target price on NVIDIA from $200.00 to $235.00 and gave the company a "buy" rating in a research note on Friday, September 12th. Sanford C. Bernstein reissued a "buy" rating on shares of NVIDIA in a research report on Tuesday, September 23rd. KeyCorp reaffirmed an "overweight" rating and set a $250.00 price target (up previously from $230.00) on shares of NVIDIA in a report on Tuesday, September 30th. Barclays reiterated an "overweight" rating and issued a $240.00 price target (up from $200.00) on shares of NVIDIA in a research note on Monday, September 22nd. Finally, Wolfe Research increased their price objective on shares of NVIDIA from $220.00 to $230.00 in a research report on Tuesday, September 23rd. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $211.00.

About NVIDIA

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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