Mattern Capital Management LLC Grows Stock Holdings in NVIDIA Corporation $NVDA

Key Points

• Mattern Capital Management LLC increased its holdings in NVIDIA by 117.3% during Q2, now owning 8,028 shares valued at approximately $1.27 million.
• Several hedge funds have significantly boosted their positions in NVIDIA, with Kingstone Capital increasing its holdings by an astonishing 267,959.7% in the same period.
• NVIDIA reported $1.05 EPS for Q2, exceeding estimates, and has set a Q3 2026 EPS guidance, highlighting continued strong financial performance.

Mattern Capital Management LLC boosted its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 117.3% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,028 shares of the computer hardware maker's stock after purchasing an additional 4,334 shares during the quarter. Mattern Capital Management LLC's holdings in NVIDIA were worth $1,268,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of NVDA. Kingstone Capital Partners Texas LLC increased its position in NVIDIA by 267,959.7% during the second quarter. Kingstone Capital Partners Texas LLC now owns 382,373,765 shares of the computer hardware maker's stock valued at $64,976,521,000 after acquiring an additional 382,231,120 shares during the last quarter. Nuveen LLC bought a new position in NVIDIA during the first quarter valued at $15,089,414,000. Goldman Sachs Group Inc. increased its position in NVIDIA by 123.5% during the first quarter. Goldman Sachs Group Inc. now owns 187,995,213 shares of the computer hardware maker's stock valued at $20,374,921,000 after acquiring an additional 103,889,872 shares during the last quarter. Assenagon Asset Management S.A. increased its position in NVIDIA by 204.6% during the first quarter. Assenagon Asset Management S.A. now owns 35,652,571 shares of the computer hardware maker's stock valued at $3,864,026,000 after acquiring an additional 23,948,733 shares during the last quarter. Finally, Amundi increased its position in NVIDIA by 16.0% during the first quarter. Amundi now owns 135,770,043 shares of the computer hardware maker's stock valued at $13,826,199,000 after acquiring an additional 18,733,431 shares during the last quarter. Hedge funds and other institutional investors own 65.27% of the company's stock.

Insider Buying and Selling at NVIDIA

In other news, CEO Jen Hsun Huang sold 75,000 shares of the firm's stock in a transaction dated Wednesday, October 15th. The shares were sold at an average price of $181.01, for a total value of $13,575,750.00. Following the sale, the chief executive officer directly owned 70,333,203 shares in the company, valued at approximately $12,731,013,075.03. This trade represents a 0.11% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In the last quarter, insiders have sold 3,678,937 shares of company stock valued at $654,837,526. 4.17% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

NVDA has been the topic of a number of analyst reports. Needham & Company LLC reiterated a "buy" rating and set a $200.00 price objective on shares of NVIDIA in a research report on Thursday, August 28th. Mizuho boosted their price objective on shares of NVIDIA from $205.00 to $225.00 and gave the company an "outperform" rating in a research report on Monday, October 13th. Wolfe Research upped their price target on shares of NVIDIA from $220.00 to $230.00 in a report on Tuesday, September 23rd. DA Davidson upgraded shares of NVIDIA from a "neutral" rating to a "buy" rating and upped their price target for the stock from $195.00 to $210.00 in a report on Thursday, September 11th. Finally, Wall Street Zen upgraded shares of NVIDIA from a "hold" rating to a "buy" rating in a report on Sunday. Five research analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Buy" and an average price target of $222.23.

NVIDIA Stock Up 0.8%

NASDAQ:NVDA opened at $183.22 on Monday. NVIDIA Corporation has a 1-year low of $86.62 and a 1-year high of $195.62. The company has a 50-day moving average of $179.40 and a 200 day moving average of $153.63. The firm has a market cap of $4.45 trillion, a PE ratio of 52.20, a price-to-earnings-growth ratio of 1.32 and a beta of 2.12. 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 released its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share for the quarter, topping analysts' consensus estimates of $1.01 by $0.04. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The company had revenue of $46.74 billion during the quarter, compared to analyst estimates of $45.65 billion. During the same period in the prior year, the firm earned $0.68 earnings per share. The firm's revenue for the quarter was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. As a group, research analysts anticipate 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 was paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th were issued a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.0%. The ex-dividend date was Thursday, September 11th. NVIDIA's dividend payout ratio (DPR) is currently 1.14%.

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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