Bulltick Wealth Management LLC boosted its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 30.6% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 127,206 shares of the computer hardware maker's stock after buying an additional 29,826 shares during the period. NVIDIA makes up about 3.7% of Bulltick Wealth Management LLC's holdings, making the stock its 4th biggest position. Bulltick Wealth Management LLC's holdings in NVIDIA were worth $13,788,000 at the end of the most recent quarter.
Other hedge funds also recently bought and sold shares of the company. High Note Wealth LLC lifted its position 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 valued at $1,937,000 after buying an additional 91 shares during the last quarter. Kelly Financial Services LLC lifted its position in shares of NVIDIA by 2.0% in the first quarter. Kelly Financial Services LLC now owns 4,736 shares of the computer hardware maker's stock valued at $513,000 after buying an additional 94 shares during the last quarter. Next Capital Management LLC lifted its position in shares of NVIDIA by 0.8% in the first quarter. Next Capital Management LLC now owns 12,589 shares of the computer hardware maker's stock valued at $1,364,000 after buying an additional 94 shares during the last quarter. Mendel Capital Management LLC lifted its position in shares of NVIDIA by 0.8% in the first quarter. Mendel Capital Management LLC now owns 11,871 shares of the computer hardware maker's stock valued at $1,287,000 after buying an additional 96 shares during the last quarter. Finally, Affiance Financial LLC lifted its position in shares of NVIDIA by 0.7% in the first quarter. Affiance Financial LLC now owns 13,651 shares of the computer hardware maker's stock valued at $1,479,000 after buying an additional 97 shares during the last quarter. 65.27% of the stock is owned by institutional investors and hedge funds.
Insider Transactions at NVIDIA
In other news, Director Dawn E. Hudson sold 18,000 shares of the firm's stock in a transaction dated Wednesday, September 3rd. The stock was sold at an average price of $172.00, for a total value of $3,096,000.00. Following the completion of the sale, the director directly owned 368,887 shares in the company, valued at $63,448,564. This trade represents a 4.65% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Jen Hsun Huang sold 75,000 shares of the stock in a transaction that occurred on Monday, September 8th. The stock was sold at an average price of $169.71, for a total value of $12,728,250.00. Following the completion of the transaction, the chief executive officer owned 72,398,366 shares in the company, valued at approximately $12,286,726,693.86. The trade was a 0.10% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 3,832,755 shares of company stock worth $619,935,680 in the last quarter. Corporate insiders own 4.17% of the company's stock.
NVIDIA Price Performance
NVIDIA stock opened at $170.76 on Wednesday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.60 and a current ratio of 4.21. NVIDIA Corporation has a 52 week low of $86.62 and a 52 week high of $184.48. The stock has a market capitalization of $4.15 trillion, a P/E ratio of 48.65, a price-to-earnings-growth ratio of 1.22 and a beta of 2.10. The stock has a fifty day moving average of $173.29 and a 200-day moving average of $140.65.
NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share 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 return on equity of 101.74% and a net margin of 52.41%.NVIDIA's quarterly revenue was up 55.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. On average, sell-side analysts expect that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.
NVIDIA Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, October 2nd. Shareholders of record on Thursday, September 11th will be given 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 is Thursday, September 11th. NVIDIA's payout ratio is 1.14%.
Analyst Ratings Changes
A number of research firms have recently issued reports on NVDA. Citigroup cut their price objective on NVIDIA from $210.00 to $200.00 and set a "buy" rating for the company in a research report on Monday. Loop Capital upped their target price on NVIDIA from $175.00 to $250.00 and gave the company a "buy" rating in a research report on Wednesday, June 25th. Cantor Fitzgerald reaffirmed an "overweight" rating and issued a $240.00 target price on shares of NVIDIA in a research report on Thursday, August 28th. Oppenheimer reissued an "outperform" rating and set a $225.00 price target (up from $200.00) on shares of NVIDIA in a report on Thursday, August 28th. Finally, Piper Sandler set a $225.00 price target on NVIDIA and gave the stock an "overweight" rating in a report on Wednesday, August 13th. Four research analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $207.42.
Check Out Our Latest Stock Report on NVDA
NVIDIA 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.
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