NVIDIA Corporation $NVDA is Narus Financial Partners LLC's 4th Largest Position

Key Points

• Narus Financial Partners LLC increased its investment in NVIDIA Corporation by 6.0%, now holding 40,524 shares, making NVIDIA its 4th largest position valued at approximately $6.4 million.
• Several institutional investors have significantly increased their stakes in NVIDIA, including Kingstone Capital Partners, which raised its position by an astonishing 267,959.7% to own over 382 million shares valued at nearly $65 billion.
• NVIDIA's recent quarterly earnings report revealed an EPS of $1.05, exceeding expectations, alongside a revenue increase of 55.6% year-over-year, totaling $46.74 billion.

Narus Financial Partners LLC grew its stake in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 6.0% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 40,524 shares of the computer hardware maker's stock after purchasing an additional 2,306 shares during the quarter. NVIDIA makes up approximately 2.0% of Narus Financial Partners LLC's portfolio, making the stock its 4th biggest position. Narus Financial Partners LLC's holdings in NVIDIA were worth $6,402,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the stock. Kingstone Capital Partners Texas LLC lifted its position in NVIDIA by 267,959.7% during the second quarter. Kingstone Capital Partners Texas LLC now owns 382,373,765 shares of the computer hardware maker's stock valued at $64,976,521,000 after buying an additional 382,231,120 shares during the period. Nuveen LLC purchased a new position in NVIDIA during the first quarter valued at $15,089,414,000. Goldman Sachs Group Inc. lifted its position in NVIDIA by 123.5% during the first quarter. Goldman Sachs Group Inc. now owns 187,995,213 shares of the computer hardware maker's stock valued at $20,374,921,000 after buying an additional 103,889,872 shares during the period. GAMMA Investing LLC raised its position in shares of NVIDIA by 12,173.2% in the 1st quarter. GAMMA Investing LLC now owns 48,837,781 shares of the computer hardware maker's stock worth $5,293,039,000 after purchasing an additional 48,439,859 shares during the last quarter. Finally, Assenagon Asset Management S.A. raised its position in shares of NVIDIA by 204.6% in the 1st quarter. Assenagon Asset Management S.A. now owns 35,652,571 shares of the computer hardware maker's stock worth $3,864,026,000 after purchasing an additional 23,948,733 shares during the last quarter. Hedge funds and other institutional investors own 65.27% of the company's stock.

Insider Activity at NVIDIA

In other NVIDIA news, Director Persis Drell sold 40,000 shares of the company's stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $177.65, for a total transaction of $7,106,000.00. Following the sale, the director owned 138,740 shares in the company, valued at $24,647,161. This represents a 22.38% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Mark A. Stevens sold 350,000 shares of the company's stock in a transaction dated 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 sale, the director owned 7,399,803 shares in the company, valued at approximately $1,305,251,251.17. This trade represents a 4.52% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 4,022,407 shares of company stock worth $700,382,754 over the last quarter. 4.17% of the stock is currently owned by insiders.

NVIDIA Stock Performance

Shares of NASDAQ:NVDA opened at $186.44 on Wednesday. The business's 50 day moving average price is $177.20 and its 200-day moving average price is $146.90. The firm has a market capitalization of $4.53 trillion, a PE ratio of 53.12, a P/E/G ratio of 1.32 and a beta of 2.10. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.21 and a quick ratio of 3.60. NVIDIA Corporation has a 1 year low of $86.62 and a 1 year high of $187.35.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its quarterly 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. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The business had revenue of $46.74 billion for the quarter, compared to analyst estimates of $45.65 billion. During the same quarter in the prior year, the company posted $0.68 EPS. The company's quarterly revenue was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. As a group, equities research 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 issued a dividend of $0.01 per share. The ex-dividend date is Thursday, September 11th. This represents a $0.04 annualized dividend and a yield of 0.0%. NVIDIA's dividend payout ratio is 1.14%.

Analyst Ratings Changes

Several equities analysts have recently issued reports on NVDA shares. Barclays reaffirmed an "overweight" rating and issued a $240.00 price target (up previously from $200.00) on shares of NVIDIA in a research report on Monday, September 22nd. Cantor Fitzgerald reaffirmed an "overweight" rating and set a $240.00 price target on shares of NVIDIA in a research report on Thursday, August 28th. Needham & Company LLC restated a "buy" rating and issued a $200.00 price target on shares of NVIDIA in a research note on Thursday, August 28th. BNP Paribas upgraded NVIDIA to a "hold" rating in a research report on Friday, August 1st. Finally, Evercore ISI increased their target price on NVIDIA from $214.00 to $225.00 and gave the stock an "outperform" rating in a research note on Tuesday, September 23rd. Four analysts have rated the stock with a Strong Buy rating, thirty-six have issued a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $211.00.

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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