NVIDIA Corporation $NVDA Position Lifted by Talbot Financial LLC

Key Points

• Talbot Financial LLC increased its stake in NVIDIA Corporation by 16.0% during Q2, owning 268,500 shares valued at approximately $42.4 million.
• Several institutional investors significantly enhanced their positions, with Kingstone Capital Partners growing its stake by an astonishing 267,959.7%, now holding over 382 million shares worth about $65 billion.
• NVIDIA reported a strong quarterly earnings result, with $1.05 earnings per share (beating expectations of $1.01) and revenues of $46.74 billion, marking a 55.6% increase year-over-year.

Talbot Financial LLC grew its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 16.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 268,500 shares of the computer hardware maker's stock after acquiring an additional 37,115 shares during the quarter. NVIDIA comprises about 4.0% of Talbot Financial LLC's portfolio, making the stock its 4th biggest position. Talbot Financial LLC's holdings in NVIDIA were worth $42,420,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Kingstone Capital Partners Texas LLC grew its stake in NVIDIA by 267,959.7% during the 2nd 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 purchasing an additional 382,231,120 shares during the last quarter. Nuveen LLC acquired a new position in shares of NVIDIA in the 1st quarter valued at about $15,089,414,000. Goldman Sachs Group Inc. raised its holdings in NVIDIA by 123.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 187,995,213 shares of the computer hardware maker's stock worth $20,374,921,000 after purchasing an additional 103,889,872 shares during the period. Assenagon Asset Management S.A. raised its holdings in 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 period. Finally, Amundi raised its holdings in NVIDIA by 16.0% in the 1st quarter. Amundi now owns 135,770,043 shares of the computer hardware maker's stock worth $13,826,199,000 after purchasing an additional 18,733,431 shares during the period. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

NVIDIA Price Performance

Shares of NVIDIA stock opened at $180.28 on Thursday. The business's fifty day moving average price is $179.34 and its 200 day moving average price is $154.61. NVIDIA Corporation has a twelve month low of $86.62 and a twelve month high of $195.62. 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 capitalization of $4.38 trillion, a P/E ratio of 51.36, a PEG ratio of 1.31 and a beta of 2.12.

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, topping analysts' consensus estimates of $1.01 by $0.04. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The firm had revenue of $46.74 billion during the quarter, compared to analysts' expectations of $45.65 billion. During the same period in the prior year, the company earned $0.68 EPS. The firm's revenue was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. As a group, research analysts anticipate that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 2nd. Shareholders of record on Thursday, September 11th were given a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. The ex-dividend date of this dividend was Thursday, September 11th. NVIDIA's dividend payout ratio is presently 1.14%.

Insider Buying and Selling

In related news, Director Mark A. Stevens sold 350,000 shares of NVIDIA 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 completion of the transaction, the director directly 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Jen Hsun Huang sold 75,000 shares of NVIDIA stock in a transaction dated Monday, August 4th. The stock was sold at an average price of $178.16, for a total value of $13,362,000.00. Following the completion of the transaction, the chief executive officer owned 73,523,225 shares of the company's stock, valued at $13,098,897,766. This trade represents a 0.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 3,753,937 shares of company stock worth $669,548,776. Corporate insiders own 4.17% of the company's stock.

Analysts Set New Price Targets

A number of brokerages have commented on NVDA. New Street Research increased their target price on NVIDIA from $200.00 to $235.00 and gave the company a "buy" rating in a report on Friday, September 12th. Craig Hallum increased their price objective on NVIDIA from $195.00 to $245.00 and gave the stock a "buy" rating in a research report on Thursday, August 28th. TD Cowen increased their price objective on NVIDIA from $140.00 to $235.00 and gave the stock a "buy" rating in a research report on Tuesday, August 19th. JPMorgan Chase & Co. restated a "buy" rating and set a $215.00 price target on shares of NVIDIA in a research note on Friday, September 19th. Finally, Mizuho increased their price objective on NVIDIA from $205.00 to $225.00 and gave the company an "outperform" rating in a research note on Monday, October 13th. Five investment analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has an average rating of "Buy" and a consensus target price of $222.23.

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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