NVIDIA Corporation $NVDA Holdings Increased by Westhampton Capital LLC

Key Points

• Westhampton Capital LLC increased its stake in NVIDIA by 4.5% in Q2, now holding 37,817 shares worth approximately $5.98 million, making it the firm's 4th largest position.
• Multiple analysts have recently upgraded their ratings for NVIDIA, with a consensus rating of "Moderate Buy" and an average target price of $222.23.
• NVIDIA reported a quarterly earnings per share (EPS) of $1.05, surpassing estimates, and a substantial revenue increase of 55.6% year-over-year.

Westhampton Capital LLC boosted its position in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 4.5% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,817 shares of the computer hardware maker's stock after purchasing an additional 1,629 shares during the quarter. NVIDIA comprises 3.1% of Westhampton Capital LLC's investment portfolio, making the stock its 4th biggest position. Westhampton Capital LLC's holdings in NVIDIA were worth $5,975,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of NVDA. Kathleen S. Wright Associates Inc. lifted its stake in NVIDIA by 169.3% in the 1st quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker's stock worth $44,000 after purchasing an additional 254 shares in the last quarter. Barnes Dennig Private Wealth Management LLC purchased a new stake in shares of NVIDIA during the 1st quarter valued at $51,000. Bruce G. Allen Investments LLC raised its position in shares of 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 buying an additional 327 shares in the last quarter. Legend Financial Advisors Inc. purchased a new stake in shares of NVIDIA during the 2nd quarter valued at $55,000. Finally, Campbell Capital Management Inc. raised 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 valued at $65,000 after buying an additional 590 shares in the last quarter. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on NVDA shares. BNP Paribas upgraded shares of NVIDIA to a "hold" rating in a research report on Friday, August 1st. Wedbush restated an "outperform" rating and set a $210.00 price objective on shares of NVIDIA in a research report on Thursday, August 28th. Wolfe Research raised their price objective on shares of NVIDIA from $220.00 to $230.00 in a research report on Tuesday, September 23rd. Benchmark raised their price objective on shares of NVIDIA from $190.00 to $220.00 and gave the company a "buy" rating in a research report on Thursday, August 28th. Finally, Cantor Fitzgerald set a $300.00 price objective on shares of NVIDIA and gave the company an "overweight" rating in a research report on Thursday, October 9th. Four research analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, NVIDIA presently has a consensus rating of "Moderate Buy" and an average target price of $222.23.

NVIDIA Price Performance

Shares of NVIDIA stock opened at $179.83 on Thursday. The firm has a market cap of $4.37 trillion, a PE ratio of 51.23, a price-to-earnings-growth ratio of 1.30 and a beta of 2.12. NVIDIA Corporation has a 12-month low of $86.62 and a 12-month high of $195.62. 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 company's fifty day simple moving average is $179.37 and its two-hundred day simple moving average is $151.96.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced 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 business had revenue of $46.74 billion for 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%. The company's revenue was up 55.6% on a year-over-year basis. During the same quarter last year, the firm earned $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. As a group, equities analysts expect that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Dividend Announcement

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

Insider Transactions at NVIDIA

In other NVIDIA news, CEO Jen Hsun Huang sold 75,000 shares of the firm's stock in a transaction on Wednesday, October 15th. The shares were sold at an average price of $181.01, for a total value of $13,575,750.00. Following the sale, the chief executive officer owned 70,333,203 shares of the company's stock, valued at $12,731,013,075.03. This trade represents a 0.11% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Over the last 90 days, insiders have sold 3,828,937 shares of company stock valued at $680,708,026. 4.17% of the stock is owned by company 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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