NVIDIA Corporation $NVDA Shares Acquired by Motive Wealth Advisors

Key Points

• Motive Wealth Advisors has increased its stake in NVIDIA Corporation by 15.6%, owning 26,878 shares valued at approximately $4.25 million, making it the 15th largest holding in their portfolio.
• A variety of hedge funds have aggressively increased their positions in NVIDIA, with Kingstone Capital Partners growing its holdings by a staggering 267,959.7% during the second quarter.
• NVIDIA reported earnings of $1.05 per share for the last quarter, surpassing analysts' expectations, while revenue reached $46.74 billion, marking a 55.6% year-over-year increase.

Motive Wealth Advisors increased its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 15.6% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 26,878 shares of the computer hardware maker's stock after acquiring an additional 3,636 shares during the quarter. NVIDIA makes up 1.9% of Motive Wealth Advisors' holdings, making the stock its 15th largest holding. Motive Wealth Advisors' holdings in NVIDIA were worth $4,246,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of NVDA. Kingstone Capital Partners Texas LLC grew its holdings in shares of 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 in the last quarter. Nuveen LLC purchased a new position in shares of NVIDIA during the first quarter valued at $15,089,414,000. Goldman Sachs Group Inc. grew its holdings in shares of 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 in the last quarter. GAMMA Investing LLC grew its holdings in shares of NVIDIA by 12,173.2% during the first quarter. GAMMA Investing LLC now owns 48,837,781 shares of the computer hardware maker's stock valued at $5,293,039,000 after buying an additional 48,439,859 shares in the last quarter. Finally, Assenagon Asset Management S.A. grew its holdings in shares of NVIDIA by 204.6% during the first quarter. Assenagon Asset Management S.A. now owns 35,652,571 shares of the computer hardware maker's stock valued at $3,864,026,000 after buying an additional 23,948,733 shares in the last quarter. 65.27% of the stock is currently owned by institutional investors and hedge funds.

NVIDIA Price Performance

Shares of NASDAQ:NVDA opened at $185.54 on Tuesday. NVIDIA Corporation has a fifty-two week low of $86.62 and a fifty-two week high of $191.05. The business has a 50-day moving average of $178.29 and a two-hundred day moving average of $149.05. The stock has a market capitalization of $4.51 trillion, a P/E ratio of 52.86, a P/E/G ratio of 1.36 and a beta of 2.12. 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 (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 return on equity of 101.74% and a net margin of 52.41%.The company had revenue of $46.74 billion during the quarter, compared to analysts' expectations of $45.65 billion. During the same quarter in the previous year, the firm earned $0.68 earnings per share. The business's quarterly 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 predict that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Announces Dividend

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

Wall Street Analyst Weigh In

A number of research analysts have commented on the company. Wells Fargo & Company boosted their target price on NVIDIA from $185.00 to $220.00 and gave the company an "overweight" rating in a research note on Monday, August 11th. BNP Paribas upgraded NVIDIA to a "hold" rating in a research note on Friday, August 1st. Jefferies Financial Group restated a "buy" rating and issued a $220.00 target price (up previously from $205.00) on shares of NVIDIA in a research note on Monday, September 29th. Truist Financial boosted their target price on NVIDIA from $210.00 to $228.00 and gave the company a "buy" rating in a research note on Thursday, August 28th. Finally, Barclays restated an "overweight" rating and issued a $240.00 target price (up previously from $200.00) on shares of NVIDIA in a research note on Monday, September 22nd. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $211.26.

Insider Buying and Selling

In related news, Director Harvey C. Jones sold 250,000 shares of the business's stock in a transaction dated Thursday, September 18th. The stock was sold at an average price of $176.21, for a total transaction of $44,052,500.00. Following the completion of the transaction, the director owned 7,183,280 shares of the company's stock, valued at approximately $1,265,765,768.80. The trade was a 3.36% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Mark A. Stevens sold 350,000 shares of the business'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 transaction, the director directly owned 7,399,803 shares of the company's stock, valued at $1,305,251,251.17. This represents a 4.52% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 3,921,593 shares of company stock valued at $686,502,137. Insiders own 4.17% of the company's stock.

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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