NVIDIA Corporation $NVDA Shares Purchased by Rezny Wealth Management Inc.

Rezny Wealth Management Inc. boosted its stake in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 14.4% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,659 shares of the computer hardware maker's stock after purchasing an additional 1,974 shares during the period. NVIDIA comprises 0.4% of Rezny Wealth Management Inc.'s portfolio, making the stock its 22nd largest holding. Rezny Wealth Management Inc.'s holdings in NVIDIA were worth $1,697,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in NVDA. Kathleen S. Wright Associates Inc. lifted its position 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 purchasing an additional 254 shares during the period. Copia Wealth Management purchased a new stake in NVIDIA during the fourth quarter valued at approximately $50,000. Barnes Dennig Private Wealth Management LLC purchased a new stake in NVIDIA during the first quarter valued at approximately $51,000. Bruce G. Allen Investments LLC increased its holdings 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 buying an additional 327 shares during the last quarter. Finally, Campbell Capital Management Inc. increased its holdings 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 buying an additional 590 shares during the last quarter. Institutional investors own 65.27% of the company's stock.

Analysts Set New Price Targets

Several research firms have commented on NVDA. Raymond James Financial increased their price objective on shares of NVIDIA from $150.00 to $165.00 and gave the company a "strong-buy" rating in a research report on Thursday, May 29th. Needham & Company LLC restated a "buy" rating and issued a $200.00 price target on shares of NVIDIA in a report on Thursday, August 28th. Wolfe Research boosted their price target on shares of NVIDIA from $220.00 to $230.00 and gave the company an "outperform" rating in a report on Thursday, August 28th. TD Cowen boosted their price target on shares of NVIDIA from $140.00 to $235.00 and gave the company a "buy" rating in a report on Tuesday, August 19th. Finally, JPMorgan Chase & Co. restated an "overweight" rating and issued a $215.00 price target on shares of NVIDIA in a report on Thursday, September 4th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $207.42.

Insider Transactions at NVIDIA

In related news, Director Dawn E. Hudson sold 18,000 shares of the company's stock in a transaction dated Wednesday, September 3rd. The shares were sold at an average price of $172.00, for a total value of $3,096,000.00. Following the completion of the sale, the director owned 368,887 shares of the company's stock, valued at approximately $63,448,564. This represents a 4.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO Jen Hsun Huang sold 75,000 shares of the company's stock in a transaction dated Monday, September 8th. The shares were sold at an average price of $169.71, for a total transaction of $12,728,250.00. Following the completion of the sale, the chief executive officer directly owned 72,398,366 shares of the company's stock, valued at $12,286,726,693.86. This represents a 0.10% decrease in their position. The disclosure for this sale can be found here. Insiders sold 3,832,755 shares of company stock valued at $619,935,680 in the last three months. 4.17% of the stock is currently owned by insiders.

NVIDIA Stock Performance

Shares of NVDA traded up $5.73 during trading hours on Wednesday, hitting $176.49. The stock had a trading volume of 165,142,157 shares, compared to its average volume of 236,777,578. The firm has a market capitalization of $4.29 trillion, a price-to-earnings ratio of 50.35, a PEG ratio of 1.22 and a beta of 2.10. The firm has a 50-day moving average price of $173.29 and a 200 day moving average price of $140.65. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.60 and a current ratio of 4.21. NVIDIA Corporation has a fifty-two week low of $86.62 and a fifty-two week high of $184.48.

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, topping 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 analyst estimates of $45.65 billion. During the same quarter in the previous year, the firm earned $0.68 EPS. The firm's revenue was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. As a group, research analysts anticipate that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Announces Dividend

The company also recently disclosed 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 of this dividend is Thursday, September 11th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.0%. NVIDIA's dividend payout ratio is currently 1.14%.

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.