NVIDIA Corporation $NVDA Holdings Boosted by Wealthcare Advisory Partners LLC

Key Points

• Wealthcare Advisory Partners LLC increased its stake in NVIDIA by 4.3% during the second quarter, holding over 430,800 shares valued at approximately $68 million, making it the firm's eighth largest position.
• Several hedge funds significantly raised their positions in NVIDIA, with Kathleen S. Wright Associates Inc. increasing its stake by 169.3%, now owning 404 shares valued at $44,000.
• NVIDIA's stock has garnered a mostly positive outlook from analysts, with an average price target of $222.23 and multiple firms assigning "buy" ratings, including UBS Group and HSBC with price objectives of $320.00.

Wealthcare Advisory Partners LLC raised its position in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 4.3% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 430,802 shares of the computer hardware maker's stock after buying an additional 17,669 shares during the quarter. NVIDIA comprises about 1.6% of Wealthcare Advisory Partners LLC's holdings, making the stock its 8th largest position. Wealthcare Advisory Partners LLC's holdings in NVIDIA were worth $68,062,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the company. Kathleen S. Wright Associates Inc. lifted its holdings in shares of NVIDIA by 169.3% in the 1st quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker's stock valued at $44,000 after buying an additional 254 shares during the period. Barnes Dennig Private Wealth Management LLC purchased a new position in NVIDIA in the first quarter worth $51,000. Legend Financial Advisors Inc. acquired a new stake in NVIDIA in the second quarter valued at $55,000. Campbell Capital Management Inc. boosted its position in shares of NVIDIA by 5,900.0% during the 1st quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker's stock worth $65,000 after purchasing an additional 590 shares in the last quarter. Finally, Luken Investment Analytics LLC grew its stake in shares of NVIDIA by 107.0% during the 1st quarter. Luken Investment Analytics LLC now owns 621 shares of the computer hardware maker's stock worth $67,000 after purchasing an additional 321 shares during the period. Institutional investors and hedge funds own 65.27% of the company's stock.

Analyst Upgrades and Downgrades

NVDA has been the subject of several recent analyst reports. UBS Group set a $320.00 price objective on shares of NVIDIA in a research note on Wednesday, October 15th. Loop Capital lifted their price target on shares of NVIDIA from $175.00 to $250.00 and gave the company a "buy" rating in a research report on Wednesday, June 25th. Wolfe Research upped their price target on NVIDIA from $220.00 to $230.00 in a report on Tuesday, September 23rd. HSBC set a $320.00 price objective on NVIDIA and gave the stock a "buy" rating in a report on Wednesday, October 15th. Finally, Needham & Company LLC restated a "buy" rating and issued a $200.00 price target on shares of NVIDIA in a research report on Thursday, August 28th. Five equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, NVIDIA has an average rating of "Buy" and an average target price of $222.23.

Insider Transactions at NVIDIA

In other news, Director Mark A. Stevens sold 350,000 shares of the business's stock in a transaction that occurred on Friday, September 19th. The stock was sold at an average price of $176.39, for a total value of $61,736,500.00. Following the completion of the sale, the director directly owned 7,399,803 shares in the company, valued at approximately $1,305,251,251.17. The trade was a 4.52% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, 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 represents a 3.36% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 3,753,937 shares of company stock valued at $669,548,776. Insiders own 4.17% of the company's stock.

NVIDIA Price Performance

Shares of NASDAQ NVDA opened at $180.28 on Thursday. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08. NVIDIA Corporation has a fifty-two week low of $86.62 and a fifty-two week high of $195.62. The business has a 50 day moving average price of $179.34 and a two-hundred day moving average price of $154.61. The firm has a market cap of $4.38 trillion, a PE ratio of 51.36, a price-to-earnings-growth ratio of 1.31 and a beta of 2.12.

NVIDIA (NASDAQ:NVDA - Get Free Report) last released its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, beating the consensus estimate of $1.01 by $0.04. The company had revenue of $46.74 billion during the quarter, compared to analysts' expectations 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 prior year, the business posted $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. Sell-side analysts expect that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th were paid 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 is 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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