NVIDIA Corporation $NVDA is ROI Financial Advisors LLC's 4th Largest Position

Key Points

• ROI Financial Advisors LLC has reduced its NVIDIA holdings by 3.2%, now owning 82,404 shares worth approximately $8.93 million, making the stock its 4th largest holding.
• NVIDIA's recent quarterly earnings report showed an earnings per share (EPS) of $1.05, exceeding estimates and reflecting a 55.6% year-over-year revenue increase.
• Wall Street analysts have high expectations for NVIDIA, with multiple firms raising target prices, including Oppenheimer's increase to $225.00, indicating strong market confidence.

ROI Financial Advisors LLC trimmed its stake in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 3.2% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 82,404 shares of the computer hardware maker's stock after selling 2,704 shares during the quarter. NVIDIA accounts for about 6.5% of ROI Financial Advisors LLC's holdings, making the stock its 4th largest position. ROI Financial Advisors LLC's holdings in NVIDIA were worth $8,931,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Brighton Jones LLC grew its position in NVIDIA by 12.4% during the fourth quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker's stock worth $43,631,000 after buying an additional 35,815 shares in the last quarter. Bank Pictet & Cie Europe AG increased its position in shares of NVIDIA by 1.0% during the 4th quarter. Bank Pictet & Cie Europe AG now owns 2,346,417 shares of the computer hardware maker's stock valued at $315,100,000 after purchasing an additional 22,929 shares during the last quarter. Highview Capital Management LLC DE increased its position in shares of NVIDIA by 6.7% during the 4th quarter. Highview Capital Management LLC DE now owns 58,396 shares of the computer hardware maker's stock valued at $7,842,000 after purchasing an additional 3,653 shares during the last quarter. Hudson Value Partners LLC increased its position in shares of 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 last quarter. Finally, Selway Asset Management bought a new position in shares of NVIDIA during the 4th quarter valued at about $269,000. 65.27% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several brokerages have recently commented on NVDA. TD Cowen increased their price objective on NVIDIA from $140.00 to $235.00 and gave the company a "buy" rating in a research report on Tuesday, August 19th. Wolfe Research increased their price objective on NVIDIA from $220.00 to $230.00 and gave the company an "outperform" rating in a research report on Thursday, August 28th. Sanford C. Bernstein reiterated an "outperform" rating and set a $225.00 price objective (up from $185.00) on shares of NVIDIA in a research report on Thursday, August 28th. Morgan Stanley increased their price objective on NVIDIA from $206.00 to $210.00 and gave the company an "overweight" rating in a research report on Thursday, August 28th. Finally, Arete Research upgraded NVIDIA to a "strong-buy" rating in a research report on Wednesday, May 21st. Four investment analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $207.69.

Insider Transactions at NVIDIA

In other news, Director Mark A. Stevens sold 608,248 shares of the firm's stock in a transaction that occurred on Wednesday, June 18th. The stock was sold at an average price of $145.26, for a total value of $88,354,104.48. Following the completion of the transaction, the director owned 8,247,600 shares in the company, valued at $1,198,046,376. This trade represents a 6.87% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Ajay K. Puri sold 168,195 shares of NVIDIA stock in a transaction on Wednesday, June 25th. The shares were sold at an average price of $152.64, for a total value of $25,673,284.80. Following the transaction, the executive vice president owned 4,018,547 shares of the company's stock, valued at $613,391,014.08. The trade was a 4.02% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 4,872,755 shares of company stock worth $764,283,330. 4.17% of the stock is owned by company insiders.

NVIDIA Trading Down 2.7%

Shares of NVDA stock traded down $4.64 during trading hours on Friday, reaching $167.02. The company's stock had a trading volume of 223,875,375 shares, compared to its average volume of 167,410,624. The stock has a market capitalization of $4.06 trillion, a P/E ratio of 47.58, a P/E/G ratio of 1.25 and a beta of 2.10. NVIDIA Corporation has a one year low of $86.62 and a one year high of $184.48. The firm's fifty day simple moving average is $172.73 and its 200 day simple moving average is $140.20. The company has a current ratio of 4.21, a quick ratio of 3.60 and a debt-to-equity ratio of 0.08.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share for the quarter, topping analysts' consensus estimates of $1.01 by $0.04. The firm had revenue of $46.74 billion for the quarter, compared to analyst estimates of $45.65 billion. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The business's quarterly revenue was up 55.6% compared to the same quarter last year. During the same period last year, the company earned $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. Equities research analysts expect that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 2nd. Stockholders 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 dividend yield of 0.0%. The ex-dividend date is Thursday, September 11th. NVIDIA's dividend payout ratio (DPR) is presently 1.14%.

About NVIDIA

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.