Founders Financial Alliance LLC boosted its stake in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 5.3% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 149,431 shares of the computer hardware maker's stock after purchasing an additional 7,489 shares during the period. NVIDIA makes up about 3.9% of Founders Financial Alliance LLC's portfolio, making the stock its 2nd biggest position. Founders Financial Alliance LLC's holdings in NVIDIA were worth $16,195,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors also recently bought and sold shares of the stock. High Note Wealth LLC lifted its position in shares of NVIDIA by 0.5% during the 1st quarter. High Note Wealth LLC now owns 17,873 shares of the computer hardware maker's stock worth $1,937,000 after buying an additional 91 shares during the last quarter. Kelly Financial Services LLC raised its position in NVIDIA by 2.0% in the 1st quarter. Kelly Financial Services LLC now owns 4,736 shares of the computer hardware maker's stock valued at $513,000 after purchasing an additional 94 shares during the last quarter. Next Capital Management LLC raised its position in NVIDIA by 0.8% in the 1st quarter. Next Capital Management LLC now owns 12,589 shares of the computer hardware maker's stock valued at $1,364,000 after purchasing an additional 94 shares during the last quarter. Mendel Capital Management LLC raised its position in NVIDIA by 0.8% in the 1st quarter. Mendel Capital Management LLC now owns 11,871 shares of the computer hardware maker's stock valued at $1,287,000 after purchasing an additional 96 shares during the last quarter. Finally, Affiance Financial LLC raised its position in NVIDIA by 0.7% in the 1st quarter. Affiance Financial LLC now owns 13,651 shares of the computer hardware maker's stock valued at $1,479,000 after purchasing an additional 97 shares during the last quarter. Hedge funds and other institutional investors own 65.27% of the company's stock.
NVIDIA Stock Performance
NVDA traded up $1.29 during trading on Monday, hitting $168.31. The stock had a trading volume of 161,369,820 shares, compared to its average volume of 172,462,880. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.60 and a current ratio of 4.21. The firm has a market capitalization of $4.09 trillion, a P/E ratio of 47.95, a PEG ratio of 1.21 and a beta of 2.10. The company's 50-day moving average price is $172.94 and its 200 day moving average price is $140.44. NVIDIA Corporation has a twelve month low of $86.62 and a twelve month high of $184.48.
NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.01 by $0.04. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The company had revenue of $46.74 billion for the quarter, compared to analysts' expectations of $45.65 billion. During the same period in the previous year, the company posted $0.68 EPS. NVIDIA's revenue was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. On average, equities research analysts forecast that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.
NVIDIA Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Thursday, October 2nd. Stockholders 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 dividend on an annualized basis and a dividend yield of 0.0%. NVIDIA's dividend payout ratio is 1.14%.
Insider Transactions at NVIDIA
In other news, EVP Ajay K. Puri sold 168,195 shares of the company's stock in a transaction on Wednesday, June 25th. The shares were sold at an average price of $152.64, for a total transaction of $25,673,284.80. Following the transaction, the executive vice president directly owned 4,018,547 shares of the company's stock, valued at $613,391,014.08. This represents a 4.02% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Mark A. Stevens sold 608,248 shares of the company's stock in a transaction on Wednesday, June 18th. The stock was sold at an average price of $145.26, for a total transaction of $88,354,104.48. Following the transaction, the director directly owned 8,247,600 shares in the company, valued at approximately $1,198,046,376. This trade represents a 6.87% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 3,832,755 shares of company stock valued at $619,935,680 in the last ninety days. 4.17% of the stock is currently owned by company insiders.
Wall Street Analyst Weigh In
Several research firms recently commented on NVDA. Phillip Securities upgraded shares of NVIDIA from a "moderate buy" rating to a "strong-buy" rating in a research report on Monday, July 14th. Robert W. Baird upped their price target on shares of NVIDIA from $195.00 to $225.00 and gave the company an "outperform" rating in a research report on Monday, August 25th. JPMorgan Chase & Co. reiterated an "overweight" rating and issued a $215.00 price target on shares of NVIDIA in a research report on Thursday. UBS Group upped their price target on shares of NVIDIA from $175.00 to $205.00 and gave the company a "buy" rating in a research report on Thursday, August 21st. Finally, Wolfe Research upped their price target on shares of NVIDIA from $220.00 to $230.00 and gave the company an "outperform" rating in a research report on Thursday, August 28th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $207.42.
Check Out Our Latest Stock Report on NVIDIA
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.
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