NVIDIA Corporation $NVDA Shares Acquired by Hamilton Capital Partners LLC

Key Points

• Hamilton Capital Partners LLC has increased its stake in NVIDIA by 6.7%, now owning 131,410 shares valued at approximately $20.76 million.
• Insider trading reveals that CFO Colette Kress sold 30,500 shares and CEO Jen Hsun Huang sold 75,000 shares, resulting in a modest decrease of ownership for both executives.
• NVIDIA's recent earnings report showed a net revenue of $46.74 billion, exceeding analyst expectations, with a significant year-over-year growth of 55.6%.

Hamilton Capital Partners LLC boosted its stake in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 6.7% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 131,410 shares of the computer hardware maker's stock after buying an additional 8,284 shares during the period. NVIDIA comprises 10.0% of Hamilton Capital Partners LLC's investment portfolio, making the stock its 3rd largest holding. Hamilton Capital Partners LLC's holdings in NVIDIA were worth $20,761,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Kathleen S. Wright Associates Inc. lifted its holdings in shares of NVIDIA by 169.3% in the first quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker's stock valued at $44,000 after purchasing an additional 254 shares in the last quarter. Barnes Dennig Private Wealth Management LLC acquired a new position in NVIDIA during the first quarter valued at $51,000. Bruce G. Allen Investments LLC lifted its stake in NVIDIA by 198.2% in the 1st quarter. Bruce G. Allen Investments LLC now owns 492 shares of the computer hardware maker's stock worth $53,000 after acquiring an additional 327 shares in the last quarter. Legend Financial Advisors Inc. purchased a new stake in NVIDIA in the 2nd quarter worth about $55,000. 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 acquiring an additional 590 shares during the period. 65.27% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at NVIDIA

In related news, CFO Colette Kress sold 30,500 shares of the stock in a transaction dated Friday, September 19th. The shares were sold at an average price of $176.40, for a total value of $5,380,200.00. Following the completion of the sale, the chief financial officer owned 2,883,402 shares in the company, valued at approximately $508,632,112.80. This trade represents a 1.05% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Jen Hsun Huang sold 75,000 shares of the business's stock in a transaction dated Friday, October 10th. The shares were sold at an average price of $190.20, for a total value of $14,265,000.00. Following the transaction, the chief executive officer owned 70,558,203 shares in the company, valued at $13,420,170,210.60. This represents a 0.11% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 3,678,937 shares of company stock worth $653,013,526 over the last 90 days. Company insiders own 4.17% of the company's stock.

NVIDIA Trading Down 4.4%

NASDAQ:NVDA opened at $180.12 on Wednesday. The company's 50 day moving average is $179.36 and its 200-day moving average is $151.77. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08. NVIDIA Corporation has a 12 month low of $86.62 and a 12 month high of $195.62. The firm has a market cap of $4.38 trillion, a price-to-earnings ratio of 51.32, a P/E/G ratio of 1.36 and a beta of 2.12.

NVIDIA (NASDAQ:NVDA - Get Free Report) last released its 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. The firm had revenue of $46.74 billion during the quarter, compared to analyst estimates of $45.65 billion. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The business's revenue was up 55.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. Equities analysts anticipate that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Dividend Announcement

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

Analyst Ratings Changes

A number of research firms have recently issued reports on NVDA. 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 report on Thursday, August 28th. Evercore ISI lifted their target price on shares of NVIDIA from $214.00 to $225.00 and gave the company an "outperform" rating in a research note on Tuesday, September 23rd. Rosenblatt Securities restated a "buy" rating and set a $215.00 price target on shares of NVIDIA in a report on Tuesday, September 23rd. Morgan Stanley increased their price objective on NVIDIA from $206.00 to $210.00 and gave the stock an "overweight" rating in a report on Thursday, August 28th. Finally, Mizuho boosted their target price on NVIDIA from $205.00 to $225.00 and gave the company an "outperform" rating in a research note on Monday. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, NVIDIA currently has a consensus rating of "Moderate Buy" and an average price target of $214.15.

NVIDIA 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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