NVIDIA Corporation $NVDA Shares Purchased by DHJJ Financial Advisors Ltd.

Key Points

• DHJJ Financial Advisors Ltd. significantly increased its stake in NVIDIA by 1,160.0%, owning 8,971 shares valued at approximately $1,417,000 by the end of the last quarter.
• Equities analysts have established a generally optimistic outlook on NVIDIA, with a consensus target price of $222.23 and many recommending a "Strong Buy" or "Buy" rating.
• NVIDIA's CEO, Jen Hsun Huang, sold 75,000 shares recently for about $13.75 million, which slightly reduced his total holdings to approximately $12.86 billion.

DHJJ Financial Advisors Ltd. boosted its stake in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 1,160.0% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 8,971 shares of the computer hardware maker's stock after acquiring an additional 8,259 shares during the period. DHJJ Financial Advisors Ltd.'s holdings in NVIDIA were worth $1,417,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Kathleen S. Wright Associates Inc. raised its position 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 buying an additional 254 shares during the last quarter. Barnes Dennig Private Wealth Management LLC acquired a new stake in shares of NVIDIA in the first quarter valued at about $51,000. Bruce G. Allen Investments LLC raised its position in shares of NVIDIA by 198.2% in 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. Legend Financial Advisors Inc. acquired a new stake in shares of NVIDIA in the second quarter valued at about $55,000. Finally, Campbell Capital Management Inc. raised 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 valued at $65,000 after buying an additional 590 shares during the last quarter. 65.27% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have commented on NVDA shares. UBS Group set a $320.00 target price on shares of NVIDIA in a research note on Wednesday, October 15th. Hsbc Global Res raised shares of NVIDIA from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, October 15th. TD Cowen increased their price target on shares of NVIDIA from $140.00 to $235.00 and gave the company a "buy" rating in a research note on Tuesday, August 19th. Robert W. Baird increased their price target on shares of NVIDIA from $195.00 to $225.00 and gave the company an "outperform" rating in a research note on Monday, August 25th. Finally, The Goldman Sachs Group set a $210.00 price target on shares of NVIDIA and gave the company a "buy" rating in a research note on Monday, October 6th. Five equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, NVIDIA has an average rating of "Buy" and a consensus target price of $222.23.

Insider Activity

In other news, CEO Jen Hsun Huang sold 75,000 shares of the stock in a transaction dated Monday, October 20th. The shares were sold at an average price of $183.38, for a total transaction of $13,753,500.00. Following the sale, the chief executive officer owned 70,108,203 shares of the company's stock, valued at approximately $12,856,442,266.14. This represents a 0.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have sold a total of 3,828,937 shares of company stock worth $682,264,276 over the last 90 days. 4.17% of the stock is currently owned by corporate insiders.

NVIDIA Trading Down 0.3%

Shares of NVDA stock opened at $182.64 on Tuesday. The firm has a market cap of $4.44 trillion, a PE ratio of 52.03, a price-to-earnings-growth ratio of 1.32 and a beta of 2.12. NVIDIA Corporation has a 1-year low of $86.62 and a 1-year high of $195.62. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.21 and a quick ratio of 3.60. The company has a 50-day moving average of $179.41 and a two-hundred day moving average of $154.25.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.04. The business had revenue of $46.74 billion for 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 business's quarterly revenue was up 55.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. On average, analysts predict that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 2nd. Stockholders 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 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.