NVIDIA Corporation $NVDA Shares Purchased by Private Client Services LLC

Private Client Services LLC boosted its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 17.7% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 20,221 shares of the computer hardware maker's stock after acquiring an additional 3,037 shares during the quarter. NVIDIA comprises about 1.2% of Private Client Services LLC's portfolio, making the stock its 19th largest position. Private Client Services LLC's holdings in NVIDIA were worth $3,195,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Astoria Portfolio Advisors LLC. boosted its stake in shares of NVIDIA by 0.9% in the first quarter. Astoria Portfolio Advisors LLC. now owns 93,568 shares of the computer hardware maker's stock worth $9,610,000 after buying an additional 864 shares during the last quarter. Centerpoint Advisory Group boosted its position in NVIDIA by 2.5% in the 1st quarter. Centerpoint Advisory Group now owns 39,398 shares of the computer hardware maker's stock worth $4,270,000 after purchasing an additional 943 shares in the last quarter. GSB Wealth Management LLC boosted its position in NVIDIA by 3.3% in the 1st quarter. GSB Wealth Management LLC now owns 32,611 shares of the computer hardware maker's stock worth $3,534,000 after purchasing an additional 1,043 shares in the last quarter. Variant Private Wealth LLC lifted its stake in shares of NVIDIA by 20.6% in the 1st quarter. Variant Private Wealth LLC now owns 18,800 shares of the computer hardware maker's stock valued at $2,038,000 after purchasing an additional 3,206 shares during the period. Finally, Financial Perspectives Inc boosted its holdings in NVIDIA by 2.8% during the first quarter. Financial Perspectives Inc now owns 45,958 shares of the computer hardware maker's stock worth $4,981,000 after buying an additional 1,265 shares in the last quarter. 65.27% of the stock is owned by institutional investors and hedge funds.

NVIDIA Trading Down 1.6%

Shares of NVDA stock opened at $174.88 on Wednesday. NVIDIA Corporation has a fifty-two week low of $86.62 and a fifty-two week high of $184.48. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.60 and a current ratio of 4.21. The stock's fifty day moving average is $175.11 and its two-hundred day moving average is $142.40. The firm has a market capitalization of $4.25 trillion, a P/E ratio of 49.82, a PEG ratio of 1.29 and a beta of 2.10.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, beating analysts' consensus estimates 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 company's quarterly revenue was up 55.6% compared to the same quarter last year. During the same period in the prior year, the business earned $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. Research analysts expect that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement

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. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. The ex-dividend date of this dividend is Thursday, September 11th. NVIDIA's dividend payout ratio (DPR) is 1.14%.

Analyst Ratings Changes

NVDA has been the subject of a number of recent analyst reports. Evercore ISI lifted their price objective on shares of NVIDIA from $190.00 to $214.00 and gave the company an "outperform" rating in a report on Friday, August 22nd. Benchmark lifted their price target on NVIDIA from $190.00 to $220.00 and gave the company a "buy" rating in a research note on Thursday, August 28th. Wedbush reiterated an "outperform" rating and set a $210.00 price target on shares of NVIDIA in a research report on Thursday, August 28th. Mizuho boosted their price objective on NVIDIA from $192.00 to $205.00 and gave the company an "outperform" rating in a research report on Thursday, August 14th. Finally, JPMorgan Chase & Co. reaffirmed an "overweight" rating and set a $215.00 target price on shares of NVIDIA in a research note on Thursday, September 4th. Four analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $207.83.

Insider Transactions at NVIDIA

In other NVIDIA news, Director Mark A. Stevens sold 297,797 shares of the business's stock in a transaction on Friday, September 12th. The stock was sold at an average price of $178.19, for a total transaction of $53,064,447.43. Following the transaction, the director owned 7,749,803 shares of the company's stock, valued at approximately $1,380,937,396.57. The trade was a 3.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Jen Hsun Huang sold 75,000 shares of the firm's stock in a transaction on Wednesday, June 25th. The stock was sold at an average price of $152.54, for a total value of $11,440,500.00. Following the completion of the sale, the chief executive officer directly owned 75,548,225 shares of the company's stock, valued at $11,524,126,241.50. This trade represents a 0.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 3,975,304 shares of company stock worth $665,001,763 in the last ninety days. Insiders own 4.17% of the company's stock.

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.

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