Koss Olinger Consulting LLC Grows Stock Holdings in NVIDIA Corporation $NVDA

Key Points

• Koss Olinger Consulting LLC significantly increased its holdings in NVIDIA Corporation by 89.4%, owning 121,031 shares valued at approximately $13.1 million.
• NVIDIA's stock experienced a 2.7% decline, despite the company reporting a 55.6% year-over-year revenue increase to $46.74 billion in its last earnings announcement.
• Analysts maintain an overall positive outlook on NVIDIA, with an average target price of $207.69 and numerous upgrades to "buy" or "strong buy" ratings from various firms.

Koss Olinger Consulting LLC increased its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 89.4% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 121,031 shares of the computer hardware maker's stock after purchasing an additional 57,121 shares during the period. NVIDIA accounts for 1.1% of Koss Olinger Consulting LLC's portfolio, making the stock its 20th largest holding. Koss Olinger Consulting LLC's holdings in NVIDIA were worth $13,117,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Kathleen S. Wright Associates Inc. grew its stake in NVIDIA by 169.3% during the first quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker's stock valued at $44,000 after acquiring an additional 254 shares in the last quarter. Copia Wealth Management purchased a new position in NVIDIA during the fourth quarter valued at $50,000. Barnes Dennig Private Wealth Management LLC purchased a new position in NVIDIA during the first quarter valued at $51,000. Bruce G. Allen Investments LLC grew its stake in NVIDIA by 198.2% during the first quarter. Bruce G. Allen Investments LLC now owns 492 shares of the computer hardware maker's stock valued at $53,000 after acquiring an additional 327 shares in the last quarter. Finally, Campbell Capital Management Inc. grew its stake in NVIDIA by 5,900.0% during the first quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker's stock valued at $65,000 after acquiring an additional 590 shares in the last quarter. 65.27% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities analysts recently weighed in on NVDA shares. Stifel Nicolaus raised their target price on shares of NVIDIA from $202.00 to $212.00 and gave the company a "buy" rating in a research note on Monday, August 25th. KeyCorp reaffirmed an "overweight" rating and set a $230.00 target price (up from $215.00) on shares of NVIDIA in a research note on Thursday, August 28th. JPMorgan Chase & Co. reaffirmed an "overweight" rating and set a $215.00 target price on shares of NVIDIA in a research note on Thursday. Wells Fargo & Company raised their target price on shares of NVIDIA from $185.00 to $220.00 and gave the company an "overweight" rating in a research note on Monday, August 11th. Finally, DA Davidson boosted their target price on shares of NVIDIA from $135.00 to $195.00 and gave the stock a "neutral" rating in a report on Thursday, August 28th. Four research analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $207.42.

NVIDIA Trading Up 0.8%

NASDAQ:NVDA traded up $1.29 during mid-day trading on Monday, hitting $168.31. 161,369,820 shares of the stock traded hands, compared to its average volume of 172,462,880. The stock has a market capitalization of $4.09 trillion, a price-to-earnings ratio of 47.95, a PEG ratio of 1.21 and a beta of 2.10. NVIDIA Corporation has a 52 week low of $86.62 and a 52 week high of $184.48. The firm's 50 day moving average is $172.94 and its two-hundred day moving average is $140.44. 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 (NASDAQ:NVDA - Get Free Report) last issued 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. The company had revenue of $46.74 billion for the quarter, compared to the consensus estimate of $45.65 billion. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The firm's revenue was up 55.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. On average, equities research analysts predict that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 2nd. Investors of record on Thursday, September 11th will be issued a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a yield of 0.0%. The ex-dividend date is Thursday, September 11th. NVIDIA's dividend payout ratio is presently 1.14%.

Insider Activity at NVIDIA

In related news, Director Mark A. Stevens sold 608,248 shares of the company's stock in a transaction dated Wednesday, June 18th. The shares were sold at an average price of $145.26, for a total transaction of $88,354,104.48. Following the transaction, the director directly owned 8,247,600 shares in the company, valued at approximately $1,198,046,376. This represents a 6.87% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Jen Hsun Huang sold 75,000 shares of the company's stock in a transaction dated Wednesday, June 25th. The shares were sold at an average price of $152.54, for a total transaction of $11,440,500.00. Following the transaction, the chief executive officer owned 75,548,225 shares in the company, valued at $11,524,126,241.50. The trade was a 0.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 3,832,755 shares of company stock worth $619,935,680. 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.