NVIDIA Corporation $NVDA is Burns J W & Co. Inc. NY's 10th Largest Position

Key Points

• Burns J W & Co. Inc. NY increased its stake in NVIDIA Corporation by 3.5%, making it the firm's 10th largest holding, valued at approximately $21 million.
• A significant insider transaction occurred when Director Harvey C. Jones sold 250,000 shares of NVIDIA stock, totaling over $44 million, resulting in a 3.36% reduction in his ownership.
• NVIDIA recently announced a quarterly dividend of $0.01 per share, with a payout ratio of 1.14%, indicating continued shareholder returns amid strong revenue performance.

Burns J W & Co. Inc. NY boosted its position in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 3.5% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 132,942 shares of the computer hardware maker's stock after acquiring an additional 4,523 shares during the period. NVIDIA comprises approximately 2.5% of Burns J W & Co. Inc. NY's holdings, making the stock its 10th biggest holding. Burns J W & Co. Inc. NY's holdings in NVIDIA were worth $21,004,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Copia Wealth Management purchased a new stake in shares of NVIDIA during the 4th quarter valued at $50,000. Kathleen S. Wright Associates Inc. boosted its position in NVIDIA by 169.3% during 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 during the period. Barnes Dennig Private Wealth Management LLC purchased a new stake in NVIDIA during the 1st quarter worth $51,000. Bruce G. Allen Investments LLC boosted its position in NVIDIA by 198.2% during the 1st quarter. Bruce G. Allen Investments LLC now owns 492 shares of the computer hardware maker's stock worth $53,000 after purchasing an additional 327 shares during the period. Finally, Campbell Capital Management Inc. boosted its position in 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 during the period. 65.27% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at NVIDIA

In related news, Director Harvey C. Jones sold 250,000 shares of the stock in a transaction that occurred on Thursday, September 18th. The shares were sold at an average price of $176.21, for a total transaction of $44,052,500.00. Following the completion of the sale, the director directly owned 7,183,280 shares of the company's stock, valued at $1,265,765,768.80. This represents a 3.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Jen Hsun Huang sold 75,000 shares of the stock in a transaction that occurred on Wednesday, September 24th. The shares were sold at an average price of $177.60, for a total transaction of $13,320,000.00. Following the sale, the chief executive officer directly owned 71,458,203 shares of the company's stock, valued at approximately $12,690,976,852.80. This represents a 0.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 4,176,470 shares of company stock valued at $720,979,162. Corporate insiders own 4.17% of the company's stock.

NVIDIA Price Performance

NASDAQ NVDA opened at $178.19 on Friday. NVIDIA Corporation has a 52 week low of $86.62 and a 52 week high of $184.55. The company has a current ratio of 4.21, a quick ratio of 3.60 and a debt-to-equity ratio of 0.08. The stock has a market cap of $4.33 trillion, a price-to-earnings ratio of 50.77, a price-to-earnings-growth ratio of 1.28 and a beta of 2.10. The company has a 50-day moving average price of $176.60 and a two-hundred day moving average price of $145.78.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its earnings results 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 firm had revenue of $46.74 billion during the quarter, compared to analysts' expectations 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% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. Analysts forecast that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 2nd. Investors of record on Thursday, September 11th will be paid a dividend of $0.01 per share. The ex-dividend date of this dividend is Thursday, September 11th. This represents a $0.04 annualized dividend and a yield of 0.0%. NVIDIA's dividend payout ratio is currently 1.14%.

Analysts Set New Price Targets

A number of brokerages recently weighed in on NVDA. Wolfe Research upped their price target on shares of NVIDIA from $220.00 to $230.00 in a research report on Tuesday. The Goldman Sachs Group reaffirmed a "buy" rating and set a $200.00 price target on shares of NVIDIA in a research report on Wednesday, August 27th. Wedbush reiterated an "outperform" rating and issued a $210.00 price objective on shares of NVIDIA in a report on Thursday, August 28th. TD Cowen boosted their price objective on shares of NVIDIA from $140.00 to $235.00 and gave the stock a "buy" rating in a report on Tuesday, August 19th. Finally, Craig Hallum boosted their price objective on shares of NVIDIA from $195.00 to $245.00 and gave the stock a "buy" rating in a report on Thursday, August 28th. Four research analysts have rated the stock with a Strong Buy rating, thirty-six have given a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $209.82.

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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