NVIDIA Corporation $NVDA Stock Holdings Lifted by Brio Consultants LLC

Key Points

• Brio Consultants LLC significantly increased its stake in NVIDIA Corporation by purchasing 291,917 shares, resulting in a total of 311,649 shares, making it the firm's second-largest holding.
• Institutional investors currently own 65.27% of NVIDIA's stock, with several funds, including FMR LLC and Geode Capital Management, expanding their positions during the fourth quarter.
• NVIDIA reported earnings of $1.05 per share for the quarter, surpassing analysts’ expectations, while the company announced a quarterly dividend of $0.01 per share, enhancing its attractiveness to investors.

Brio Consultants LLC grew its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 1,479.4% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 311,649 shares of the computer hardware maker's stock after buying an additional 291,917 shares during the quarter. NVIDIA accounts for approximately 12.5% of Brio Consultants LLC's investment portfolio, making the stock its 2nd biggest holding. Brio Consultants LLC's holdings in NVIDIA were worth $33,777,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of NVDA. Astoria Portfolio Advisors LLC. grew its stake in NVIDIA by 0.9% in the 1st quarter. Astoria Portfolio Advisors LLC. now owns 93,568 shares of the computer hardware maker's stock valued at $9,610,000 after buying an additional 864 shares in the last quarter. Centerpoint Advisory Group grew its position in shares of NVIDIA by 2.5% during the 1st quarter. Centerpoint Advisory Group now owns 39,398 shares of the computer hardware maker's stock valued at $4,270,000 after purchasing an additional 943 shares in the last quarter. GSB Wealth Management LLC grew its position in shares of NVIDIA by 3.3% during the 1st quarter. GSB Wealth Management LLC now owns 32,611 shares of the computer hardware maker's stock valued at $3,534,000 after purchasing an additional 1,043 shares in the last quarter. Variant Private Wealth LLC increased its stake in NVIDIA by 20.6% in the first quarter. Variant Private Wealth LLC now owns 18,800 shares of the computer hardware maker's stock valued at $2,038,000 after acquiring an additional 3,206 shares during the last quarter. Finally, Financial Perspectives Inc increased its stake in NVIDIA by 2.8% in the first quarter. Financial Perspectives Inc now owns 45,958 shares of the computer hardware maker's stock valued at $4,981,000 after acquiring an additional 1,265 shares during the last quarter. Institutional investors own 65.27% of the company's stock.

NVIDIA Stock Down 3.3%

Shares of NVDA traded down $5.99 on Friday, hitting $174.18. 242,604,296 shares of the stock traded hands, compared to its average volume of 168,293,824. The company has a market capitalization of $4.23 trillion, a PE ratio of 49.62, a P/E/G ratio of 1.52 and a beta of 2.14. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.96 and a current ratio of 4.21. The business has a 50 day simple moving average of $170.83 and a 200 day simple moving average of $139.08. NVIDIA Corporation has a one year low of $86.62 and a one year high of $184.48.

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 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 during the quarter, compared to the consensus estimate of $45.65 billion. During the same quarter last year, the firm earned $0.68 earnings per share. The firm's quarterly revenue was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. As a group, equities analysts forecast that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 2nd. Investors of record on Thursday, September 11th will be issued a $0.01 dividend. 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 (DPR) is currently 1.14%.

Insider Activity at NVIDIA

In related news, CEO Jen Hsun Huang sold 75,000 shares of the firm's stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $179.76, for a total value of $13,482,000.00. Following the sale, the chief executive officer owned 72,848,225 shares in the company, valued at approximately $13,095,196,926. This trade represents a 0.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Colette Kress sold 27,640 shares of the company's stock in a transaction on Monday, August 4th. The stock was sold at an average price of $178.06, for a total value of $4,921,578.40. Following the completion of the sale, the chief financial officer owned 2,956,876 shares of the company's stock, valued at $526,501,340.56. This trade represents a 0.93% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 5,862,440 shares of company stock worth $896,145,782 in the last 90 days. 4.17% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

NVDA has been the subject of several analyst reports. Citigroup restated a "buy" rating and set a $210.00 price target (up from $190.00) on shares of NVIDIA in a research report on Thursday. Sanford C. Bernstein reissued an "outperform" rating and issued a $225.00 price target (up from $185.00) on shares of NVIDIA in a research note on Thursday. Truist Financial increased their price target on shares of NVIDIA from $210.00 to $228.00 and gave the stock a "buy" rating in a research note on Thursday. Rosenblatt Securities increased their price target on shares of NVIDIA from $200.00 to $215.00 and gave the stock a "buy" rating in a research note on Thursday. Finally, TD Cowen increased their price target on shares of NVIDIA from $140.00 to $235.00 and gave the stock a "buy" rating in a research note on Tuesday, August 19th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $207.69.

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.