NVIDIA Corporation $NVDA Shares Purchased by Opal Wealth Advisors LLC

Key Points

• Opal Wealth Advisors LLC increased its stake in NVIDIA Corporation by 12.9%, owning 23,125 shares valued at approximately $3.65 million, making it the firm's 14th largest holding.
• Insider transactions included Director Persis Drell selling 40,000 shares and CEO Jen Hsun Huang selling 75,000 shares, reflecting a decrease in their positions.
• NVIDIA reported earnings of $1.05 per share, beating estimates, with revenue up 55.6% year-over-year, and has a consensus target price of $211.00 among analysts.

Opal Wealth Advisors LLC raised its position in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 12.9% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,125 shares of the computer hardware maker's stock after purchasing an additional 2,644 shares during the quarter. NVIDIA accounts for approximately 1.0% of Opal Wealth Advisors LLC's portfolio, making the stock its 14th largest holding. Opal Wealth Advisors LLC's holdings in NVIDIA were worth $3,654,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of NVDA. Brighton Jones LLC raised its holdings in shares of NVIDIA by 12.4% during the 4th quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker's stock valued at $43,631,000 after buying an additional 35,815 shares during the period. Bank Pictet & Cie Europe AG grew its position in shares of NVIDIA by 1.0% in the 4th quarter. Bank Pictet & Cie Europe AG now owns 2,346,417 shares of the computer hardware maker's stock worth $315,100,000 after acquiring an additional 22,929 shares in the last quarter. Highview Capital Management LLC DE grew its position in shares of NVIDIA by 6.7% in the 4th quarter. Highview Capital Management LLC DE now owns 58,396 shares of the computer hardware maker's stock worth $7,842,000 after acquiring an additional 3,653 shares in the last quarter. Hudson Value Partners LLC boosted its position in NVIDIA by 30.7% during the 4th quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker's stock valued at $6,805,000 after purchasing an additional 11,900 shares during the period. Finally, Forum Financial Management LP boosted its position in NVIDIA by 28.2% during the 4th quarter. Forum Financial Management LP now owns 189,998 shares of the computer hardware maker's stock valued at $25,515,000 after purchasing an additional 41,757 shares during the period. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, Director Persis Drell sold 40,000 shares of the business's stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $177.65, for a total transaction of $7,106,000.00. Following the completion of the transaction, the director owned 138,740 shares of the company's stock, valued at approximately $24,647,161. The trade was a 22.38% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Jen Hsun Huang sold 75,000 shares of the company's stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $186.61, for a total value of $13,995,750.00. Following the completion of the transaction, the chief executive officer directly owned 71,083,203 shares of the company's stock, valued at approximately $13,264,836,511.83. This trade represents a 0.11% decrease in their position. The disclosure for this sale can be found here. Insiders sold 4,097,407 shares of company stock worth $714,378,504 over the last ninety days. 4.17% of the stock is currently owned by corporate insiders.

NVIDIA Stock Performance

Shares of NVDA stock opened at $188.89 on Friday. NVIDIA Corporation has a 1-year low of $86.62 and a 1-year high of $191.05. The company has a current ratio of 4.21, a quick ratio of 3.60 and a debt-to-equity ratio of 0.08. The company has a market capitalization of $4.59 trillion, a price-to-earnings ratio of 53.81, a P/E/G ratio of 1.35 and a beta of 2.12. The stock's fifty day simple moving average is $177.83 and its 200-day simple moving average is $147.65.

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 for the quarter, beating 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 business had revenue of $46.74 billion for the quarter, compared to the consensus estimate of $45.65 billion. During the same quarter in the previous year, the company posted $0.68 earnings per share. NVIDIA's revenue for the quarter was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. On average, sell-side analysts predict that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

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

Wall Street Analysts Forecast Growth

NVDA has been the subject of a number of analyst reports. Piper Sandler set a $225.00 price objective on NVIDIA and gave the company an "overweight" rating in a research report on Wednesday, August 13th. Daiwa Capital Markets lifted their target price on NVIDIA from $165.00 to $205.00 and gave the company an "outperform" rating in a research note on Wednesday, September 17th. DA Davidson raised NVIDIA from a "neutral" rating to a "buy" rating and lifted their target price for the company from $195.00 to $210.00 in a research note on Thursday, September 11th. Wedbush reaffirmed an "outperform" rating and set a $210.00 target price on shares of NVIDIA in a research note on Thursday, August 28th. Finally, Needham & Company LLC reissued a "buy" rating and issued a $200.00 price objective on shares of NVIDIA in a research note on Thursday, August 28th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-six have given a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $211.00.

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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