MCF Advisors LLC Has $10.58 Million Stock Holdings in NVIDIA Corporation $NVDA

Key Points

• MCF Advisors LLC increased its stake in NVIDIA Corporation by 22.7% during the second quarter, now owning approximately $10.58 million worth of shares, which makes NVIDIA 24th in its investment portfolio.
• JPMorgan Chase & Co. and other analysts have maintained bullish ratings on NVIDIA with price targets ranging from $205.00 to $215.00. The stock currently has an average rating of Moderate Buy.
• NVIDIA's recent quarterly earnings showed a return on equity of 101.74% and revenue of $46.74 billion, reflecting a year-over-year increase of 55.6%.

MCF Advisors LLC lifted its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 22.7% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 66,956 shares of the computer hardware maker's stock after purchasing an additional 12,387 shares during the quarter. NVIDIA accounts for about 0.7% of MCF Advisors LLC's investment portfolio, making the stock its 24th largest holding. MCF Advisors LLC's holdings in NVIDIA were worth $10,579,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Kathleen S. Wright Associates Inc. raised its holdings in shares of NVIDIA by 169.3% during the first quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker's stock valued at $44,000 after acquiring an additional 254 shares during the period. Copia Wealth Management purchased a new position in NVIDIA during the 4th quarter worth approximately $50,000. Barnes Dennig Private Wealth Management LLC purchased a new position in NVIDIA during the 1st quarter worth approximately $51,000. Bruce G. Allen Investments LLC raised its stake 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 valued at $53,000 after purchasing an additional 327 shares during the period. Finally, Campbell Capital Management Inc. lifted its holdings in shares of NVIDIA by 5,900.0% in the first quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker's stock valued at $65,000 after purchasing an additional 590 shares in the last quarter. Hedge funds and other institutional investors own 65.27% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on NVDA shares. JPMorgan Chase & Co. reiterated a "buy" rating and set a $215.00 price target on shares of NVIDIA in a report on Friday, September 19th. Wedbush restated an "outperform" rating and set a $210.00 price objective on shares of NVIDIA in a research report on Thursday, August 28th. Mizuho lifted their target price on NVIDIA from $192.00 to $205.00 and gave the company an "outperform" rating in a research note on Thursday, August 14th. Phillip Securities raised shares of NVIDIA from a "moderate buy" rating to a "strong-buy" rating in a research report on Monday, July 14th. Finally, Citigroup restated a "buy" rating and set a $210.00 price target (up from $200.00) on shares of NVIDIA in a report on Tuesday. Four research analysts have rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, NVIDIA presently has an average rating of "Moderate Buy" and an average price target of $211.00.

NVIDIA Stock Performance

NASDAQ NVDA opened at $187.62 on Friday. 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 stock has a market cap of $4.56 trillion, a P/E ratio of 53.45, a PEG ratio of 1.37 and a beta of 2.12. The company's 50-day simple moving average is $178.11 and its 200 day simple moving average is $148.15.

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, beating analysts' consensus estimates of $1.01 by $0.04. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The company had revenue of $46.74 billion for the quarter, compared to the consensus estimate of $45.65 billion. During the same period in the previous year, the business earned $0.68 earnings per share. The company's quarterly revenue was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. As a group, research analysts forecast that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement

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

Insiders Place Their Bets

In other NVIDIA news, Director Harvey C. Jones sold 250,000 shares of NVIDIA stock in a transaction on Thursday, September 18th. The stock was sold at an average price of $176.21, for a total transaction of $44,052,500.00. Following the completion of the transaction, the director directly owned 7,183,280 shares of the company's stock, valued at approximately $1,265,765,768.80. This trade represents a 3.36% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Jen Hsun Huang sold 75,000 shares of the company's stock in a transaction dated Monday, July 14th. The stock was sold at an average price of $164.36, for a total transaction of $12,327,000.00. Following the completion of the sale, the chief executive officer directly owned 74,648,225 shares in the company, valued at approximately $12,269,182,261. The trade was a 0.10% decrease in their position. The disclosure for this sale can be found here. Insiders sold 4,097,407 shares of company stock worth $714,378,504 over the last three months. 4.17% of the stock is currently owned by corporate insiders.

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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