NVIDIA Corporation $NVDA Shares Purchased by Chickasaw Capital Management LLC

Key Points

• Chickasaw Capital Management LLC has increased its holdings in NVIDIA Corporation by 6.1%, owning 64,267 shares valued at approximately $10.15 million.
• NVIDIA reported a quarterly EPS of $1.05, exceeding estimates, with revenue of $46.74 billion—a 55.6% increase year-over-year.
• The firm declared a quarterly dividend of $0.01 per share, representing an annual yield of 0.0% and a payout ratio of 1.14%.

Chickasaw Capital Management LLC increased its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 6.1% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 64,267 shares of the computer hardware maker's stock after purchasing an additional 3,714 shares during the period. NVIDIA accounts for 0.4% of Chickasaw Capital Management LLC's investment portfolio, making the stock its 21st largest holding. Chickasaw Capital Management LLC's holdings in NVIDIA were worth $10,154,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of NVDA. Copia Wealth Management acquired a new stake in shares of NVIDIA in the 4th quarter worth $50,000. Kathleen S. Wright Associates Inc. increased its holdings in NVIDIA by 169.3% during the 1st 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. Barnes Dennig Private Wealth Management LLC acquired a new stake in shares of NVIDIA during the 1st quarter worth about $51,000. Bruce G. Allen Investments LLC boosted its stake in shares of NVIDIA by 198.2% during the 1st quarter. Bruce G. Allen Investments LLC now owns 492 shares of the computer hardware maker's stock worth $53,000 after purchasing an additional 327 shares during the last quarter. Finally, Campbell Capital Management Inc. boosted its position in shares of NVIDIA by 5,900.0% in the first 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 last quarter. Institutional investors and hedge funds own 65.27% of the company's stock.

NVIDIA Stock Performance

NVIDIA stock opened at $176.97 on Thursday. The firm's 50 day simple moving average is $176.39 and its 200-day simple moving average is $144.81. The company has a market cap of $4.30 trillion, a P/E ratio of 50.42, a price-to-earnings-growth ratio of 1.29 and a beta of 2.10. 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 Corporation has a fifty-two week low of $86.62 and a fifty-two week high of $184.55.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted 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. The business had revenue of $46.74 billion during the quarter, compared to analysts' expectations of $45.65 billion. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The firm's quarterly revenue was up 55.6% compared to the same quarter last year. During the same period last year, the company posted $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. As a group, equities research analysts predict that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Announces Dividend

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

Insider Transactions at NVIDIA

In other news, Director Mark A. Stevens sold 350,000 shares of the business's stock in a transaction on Friday, September 19th. The shares were sold at an average price of $176.39, for a total value of $61,736,500.00. Following the completion of the sale, the director directly owned 7,399,803 shares in the company, valued at approximately $1,305,251,251.17. The trade was a 4.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Colette Kress sold 30,500 shares of the business's stock in a transaction on Friday, September 19th. The stock was sold at an average price of $176.40, for a total transaction of $5,380,200.00. Following the completion of the sale, the chief financial officer owned 2,883,402 shares of the company's stock, valued at $508,632,112.80. The trade was a 1.05% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 4,302,450 shares of company stock valued at $740,755,443. Insiders own 4.17% of the company's stock.

Analyst Ratings Changes

A number of research analysts have weighed in on NVDA shares. JPMorgan Chase & Co. reaffirmed a "buy" rating and set a $215.00 price target on shares of NVIDIA in a research report on Friday, September 19th. Jefferies Financial Group restated a "buy" rating on shares of NVIDIA in a research note on Friday, September 12th. New Street Research boosted their target price on shares of NVIDIA from $200.00 to $235.00 and gave the company a "buy" rating in a research note on Friday, September 12th. Wolfe Research boosted their price target on shares of NVIDIA from $220.00 to $230.00 in a report on Tuesday. Finally, Benchmark boosted their price target on shares of NVIDIA from $190.00 to $220.00 and gave the company a "buy" rating in a report on Thursday, August 28th. Four research analysts have rated the stock with a Strong Buy rating, thirty-six have assigned a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $208.76.

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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