Nicolet Advisory Services LLC Purchases 1,834 Shares of NVIDIA Corporation $NVDA

Key Points

• Nicolet Advisory Services LLC increased its stake in NVIDIA Corporation by 2.0%, acquiring an additional 1,834 shares to bring its total holdings to 92,443 shares valued at approximately $9.94 million.
• NVIDIA reported a 55.6% increase in quarterly revenue year-over-year, totaling $46.74 billion and surpassing analyst estimates.
• Institutional investors currently hold 65.27% of NVIDIA's stock, indicating strong institutional interest in the company.

Nicolet Advisory Services LLC boosted its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 2.0% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 92,443 shares of the computer hardware maker's stock after buying an additional 1,834 shares during the period. NVIDIA makes up about 1.0% of Nicolet Advisory Services LLC's holdings, making the stock its 23rd largest holding. Nicolet Advisory Services LLC's holdings in NVIDIA were worth $9,944,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the business. Momentous Wealth Management Inc. raised its stake in NVIDIA by 38.5% in the first quarter. Momentous Wealth Management Inc. now owns 11,776 shares of the computer hardware maker's stock valued at $1,276,000 after purchasing an additional 3,274 shares in the last quarter. Shufro Rose & Co. LLC lifted its holdings in shares of NVIDIA by 455.8% during the 1st quarter. Shufro Rose & Co. LLC now owns 140,229 shares of the computer hardware maker's stock worth $15,198,000 after acquiring an additional 115,000 shares during the last quarter. Invictus Private Wealth LLC grew its position in NVIDIA by 2.7% in the first quarter. Invictus Private Wealth LLC now owns 259,199 shares of the computer hardware maker's stock worth $28,092,000 after acquiring an additional 6,762 shares in the last quarter. Elios Financial Group Inc. increased its stake in NVIDIA by 4.9% in the first quarter. Elios Financial Group Inc. now owns 4,993 shares of the computer hardware maker's stock valued at $541,000 after acquiring an additional 235 shares during the last quarter. Finally, Wealthquest Corp raised its position in NVIDIA by 1.5% during the first quarter. Wealthquest Corp now owns 17,883 shares of the computer hardware maker's stock valued at $1,938,000 after purchasing an additional 258 shares in the last quarter. 65.27% of the stock is currently owned by institutional investors.

NVIDIA Stock Performance

NASDAQ:NVDA opened at $174.18 on Monday. NVIDIA Corporation has a twelve month low of $86.62 and a twelve month high of $184.48. 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 firm's fifty day simple moving average is $170.83 and its 200 day simple moving average is $139.10. The stock has a market cap of $4.23 trillion, a P/E ratio of 49.62, a price-to-earnings-growth ratio of 1.30 and a beta of 2.10.

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

NVIDIA Announces Dividend

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

Insiders Place Their Bets

In other news, CFO Colette Kress sold 27,640 shares of NVIDIA stock in a transaction that occurred on 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 transaction, the chief financial officer directly owned 2,956,876 shares in the company, valued at approximately $526,501,340.56. This trade represents a 0.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Jen Hsun Huang sold 75,000 shares of the company's stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $179.76, for a total value of $13,482,000.00. Following the completion of the sale, the chief executive officer owned 72,848,225 shares in the company, valued at $13,095,196,926. The trade was a 0.10% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 5,736,604 shares of company stock worth $878,806,839. Company insiders own 4.17% of the company's stock.

Analyst Ratings Changes

NVDA has been the subject of several research reports. KeyCorp reaffirmed an "overweight" rating and issued a $230.00 target price (up previously from $215.00) on shares of NVIDIA in a research note on Thursday. Loop Capital increased their target price on shares of NVIDIA from $175.00 to $250.00 and gave the company a "buy" rating in a report on Wednesday, June 25th. Rosenblatt Securities lifted their target price on shares of NVIDIA from $200.00 to $215.00 and gave the stock a "buy" rating in a research report on Thursday. UBS Group upped their price target on shares of NVIDIA from $175.00 to $205.00 and gave the company a "buy" rating in a research report on Thursday, August 21st. Finally, Jefferies Financial Group boosted their price objective on NVIDIA from $200.00 to $205.00 and gave the company a "buy" rating in a research report on Thursday. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently 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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