MRA Advisory Group Acquires 3,483 Shares of NVIDIA Corporation $NVDA

Key Points

• MRA Advisory Group increased its stake in NVIDIA Corporation by 16.2%, now holding 25,034 shares valued at approximately $3,955,000.
• CEO Jen Hsun Huang sold 75,000 shares for over $13 million, while Director Mark A. Stevens sold 297,797 shares valued at over $53 million, resulting in decreased ownership percentages for both executives.
• Analysts issued positive ratings for NVIDIA, with a target price range between $165.00 and $220.00, leading to an average target price of $208.47 and a consensus rating of "Moderate Buy."

MRA Advisory Group raised its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 16.2% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 25,034 shares of the computer hardware maker's stock after purchasing an additional 3,483 shares during the quarter. NVIDIA accounts for approximately 1.9% of MRA Advisory Group's holdings, making the stock its 14th biggest position. MRA Advisory Group's holdings in NVIDIA were worth $3,955,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in NVDA. Burkett Financial Services LLC raised its stake in shares of NVIDIA by 1.3% in the second quarter. Burkett Financial Services LLC now owns 5,450 shares of the computer hardware maker's stock worth $861,000 after purchasing an additional 70 shares during the last quarter. Elevate Wealth Advisory Inc. raised its stake in shares of NVIDIA by 1.7% in the first quarter. Elevate Wealth Advisory Inc. now owns 4,617 shares of the computer hardware maker's stock worth $500,000 after purchasing an additional 77 shares during the last quarter. Earnest Partners LLC raised its stake in shares of NVIDIA by 0.7% in the first quarter. Earnest Partners LLC now owns 11,334 shares of the computer hardware maker's stock worth $1,228,000 after purchasing an additional 81 shares during the last quarter. Retirement Wealth Solutions LLC raised its stake in shares of NVIDIA by 2.0% in the second quarter. Retirement Wealth Solutions LLC now owns 4,172 shares of the computer hardware maker's stock worth $659,000 after purchasing an additional 81 shares during the last quarter. Finally, High Note Wealth LLC raised its stake in shares of NVIDIA by 0.5% in the first quarter. High Note Wealth LLC now owns 17,873 shares of the computer hardware maker's stock worth $1,937,000 after purchasing an additional 91 shares during the last quarter. 65.27% of the stock is currently owned by institutional investors.

Insider Transactions at NVIDIA

In other news, CEO Jen Hsun Huang sold 75,000 shares of NVIDIA stock in a transaction that occurred on Friday, September 19th. The stock was sold at an average price of $176.42, for a total value of $13,231,500.00. Following the sale, the chief executive officer directly owned 71,683,203 shares of the company's stock, valued at $12,646,350,673.26. The trade was a 0.10% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Mark A. Stevens sold 297,797 shares of NVIDIA stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $178.19, for a total value of $53,064,447.43. Following the completion of the sale, the director directly owned 7,749,803 shares in the company, valued at $1,380,937,396.57. This represents a 3.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 4,020,022 shares of company stock valued at $677,418,500. Insiders own 4.17% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on NVDA. Needham & Company LLC restated a "buy" rating and issued a $200.00 price objective on shares of NVIDIA in a research note on Thursday, August 28th. Raymond James Financial raised their price objective on NVIDIA from $150.00 to $165.00 and gave the stock a "strong-buy" rating in a research note on Thursday, May 29th. Jefferies Financial Group restated a "buy" rating on shares of NVIDIA in a research note on Friday, September 12th. Benchmark lifted their price target on NVIDIA from $190.00 to $220.00 and gave the company a "buy" rating in a research report on Thursday, August 28th. Finally, Mizuho lifted their price target on NVIDIA from $192.00 to $205.00 and gave the company an "outperform" rating in a research report on Thursday, August 14th. Four analysts have rated the stock with a Strong Buy rating, thirty-six have issued a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $208.47.

NVIDIA Stock Up 0.2%

Shares of NVDA opened at $176.67 on Friday. 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 Corporation has a 12 month low of $86.62 and a 12 month high of $184.48. The stock's 50 day moving average is $175.73 and its two-hundred day moving average is $143.44. The firm has a market cap of $4.29 trillion, a P/E ratio of 50.33, a PEG ratio of 1.27 and a beta of 2.10.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its quarterly earnings results 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 for 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 business's revenue was up 55.6% on a year-over-year basis. During the same period in the previous year, the company posted $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. Analysts predict that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement

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

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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