Pursue Wealth Partners LLC raised its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 13.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 75,390 shares of the computer hardware maker's stock after acquiring an additional 8,978 shares during the period. NVIDIA accounts for approximately 4.9% of Pursue Wealth Partners LLC's portfolio, making the stock its 2nd largest position. Pursue Wealth Partners LLC's holdings in NVIDIA were worth $8,171,000 at the end of the most recent reporting period.
Several other large investors also recently bought and sold shares of NVDA. BCR Wealth Strategies LLC lifted its holdings in shares of NVIDIA by 3.1% during the 4th quarter. BCR Wealth Strategies LLC now owns 2,919 shares of the computer hardware maker's stock valued at $391,000 after acquiring an additional 89 shares in the last quarter. Condor Capital Management lifted its holdings in shares of NVIDIA by 3.6% during the 4th quarter. Condor Capital Management now owns 2,559 shares of the computer hardware maker's stock valued at $344,000 after acquiring an additional 89 shares in the last quarter. Squire Investment Management Company LLC lifted its holdings in shares of NVIDIA by 4.0% during the 4th quarter. Squire Investment Management Company LLC now owns 2,360 shares of the computer hardware maker's stock valued at $317,000 after acquiring an additional 91 shares in the last quarter. Kelly Financial Services LLC lifted its holdings in shares of NVIDIA by 2.0% during the 1st quarter. Kelly Financial Services LLC now owns 4,736 shares of the computer hardware maker's stock valued at $513,000 after acquiring an additional 94 shares in the last quarter. Finally, Macroview Investment Management LLC lifted its holdings in shares of NVIDIA by 2.9% during the 4th quarter. Macroview Investment Management LLC now owns 3,434 shares of the computer hardware maker's stock valued at $461,000 after acquiring an additional 96 shares in the last quarter. Institutional investors and hedge funds own 65.27% of the company's stock.
Insider Buying and Selling
In other news, CEO Jen Hsun Huang sold 75,000 shares of the company's stock in a transaction that occurred on Monday, July 14th. The shares were sold at an average price of $164.36, for a total value of $12,327,000.00. Following the completion of the sale, the chief executive officer directly owned 74,648,225 shares of the company's stock, valued at approximately $12,269,182,261. This represents a 0.10% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director A Brooke Seawell sold 48,792 shares of the company's stock in a transaction that occurred on Monday, July 14th. The stock was sold at an average price of $163.96, for a total transaction of $7,999,936.32. Following the completion of the sale, the director directly owned 1,729,478 shares of the company's stock, valued at approximately $283,565,212.88. This represents a 2.74% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 4,767,150 shares of company stock valued at $701,030,045. Company insiders own 4.17% of the company's stock.
Analyst Upgrades and Downgrades
NVDA has been the topic of several analyst reports. Oppenheimer lifted their price target on shares of NVIDIA from $175.00 to $200.00 and gave the stock an "outperform" rating in a research note on Tuesday. Benchmark reaffirmed a "buy" rating and set a $190.00 price target on shares of NVIDIA in a research note on Thursday, May 29th. HSBC downgraded shares of NVIDIA from a "buy" rating to a "hold" rating and set a $120.00 price target on the stock. in a research note on Thursday, April 3rd. Truist Financial lifted their price target on shares of NVIDIA from $205.00 to $210.00 and gave the stock a "buy" rating in a research note on Thursday, May 29th. Finally, Seaport Res Ptn raised shares of NVIDIA to a "strong sell" rating in a research note on Wednesday, April 30th. One investment analyst has rated the stock with a sell rating, four have given a hold rating, thirty-four have assigned a buy rating and three have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $181.22.
Get Our Latest Report on NVIDIA
NVIDIA Stock Performance
NASDAQ NVDA traded up $0.67 on Wednesday, hitting $171.37. The stock had a trading volume of 158,313,901 shares, compared to its average volume of 265,189,831. NVIDIA Corporation has a one year low of $86.62 and a one year high of $172.40. The company has a quick ratio of 2.96, a current ratio of 3.39 and a debt-to-equity ratio of 0.10. The stock has a market cap of $4.18 trillion, a price-to-earnings ratio of 55.28, a P/E/G ratio of 1.45 and a beta of 2.13. The company's 50-day moving average is $143.67 and its two-hundred day moving average is $129.10.
NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its earnings results on Wednesday, May 28th. The computer hardware maker reported $0.81 EPS for the quarter, missing the consensus estimate of $0.87 by ($0.06). NVIDIA had a return on equity of 105.09% and a net margin of 51.69%. The firm had revenue of $44.06 billion during the quarter, compared to the consensus estimate of $43.09 billion. During the same quarter last year, the company posted $0.61 EPS. NVIDIA's revenue for the quarter was up 69.2% on a year-over-year basis. On average, analysts expect that NVIDIA Corporation will post 2.77 earnings per share for the current year.
NVIDIA Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Thursday, July 3rd. Stockholders of record on Wednesday, June 11th were paid a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.02%. The ex-dividend date of this dividend was Wednesday, June 11th. NVIDIA's dividend payout ratio is currently 1.29%.
NVIDIA Company Profile
(
Free Report)
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.
Further Reading

Before you consider NVIDIA, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and NVIDIA wasn't on the list.
While NVIDIA currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Unlock the timeless value of gold with our exclusive 2025 Gold Forecasting Report. Explore why gold remains the ultimate investment for safeguarding wealth against inflation, economic shifts, and global uncertainties. Whether you're planning for future generations or seeking a reliable asset in turbulent times, this report is your essential guide to making informed decisions.
Get This Free Report