NVIDIA Corporation $NVDA Stock Holdings Lifted by Sowell Financial Services LLC

Key Points

• Sowell Financial Services LLC increased its stake in NVIDIA by 6.1%, owning 414,471 shares valued at approximately $65.5 million.
• NVIDIA reported a 55.6% year-over-year revenue increase, with earnings per share surpassing estimates at $1.05, compared to the previous year's $0.68.
• Analysts have a consensus target price of $210.21 for NVIDIA shares, with a majority rating it as a "Buy."

Sowell Financial Services LLC raised its position in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 6.1% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 414,471 shares of the computer hardware maker's stock after purchasing an additional 23,951 shares during the period. NVIDIA accounts for approximately 2.7% of Sowell Financial Services LLC's portfolio, making the stock its 3rd biggest holding. Sowell Financial Services LLC's holdings in NVIDIA were worth $65,482,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Kathleen S. Wright Associates Inc. lifted its holdings in NVIDIA by 169.3% in the 1st quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker's stock valued at $44,000 after purchasing an additional 254 shares in the last quarter. Copia Wealth Management purchased a new position in NVIDIA in the 4th quarter valued at $50,000. Barnes Dennig Private Wealth Management LLC purchased a new position in NVIDIA in the 1st quarter valued at $51,000. Bruce G. Allen Investments LLC lifted its holdings in NVIDIA by 198.2% in the 1st quarter. Bruce G. Allen Investments LLC now owns 492 shares of the computer hardware maker's stock valued at $53,000 after purchasing an additional 327 shares in the last quarter. Finally, Campbell Capital Management Inc. lifted its holdings in NVIDIA by 5,900.0% in the 1st quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker's stock valued at $65,000 after purchasing an additional 590 shares in the last quarter. Hedge funds and other institutional investors own 65.27% of the company's stock.

NVIDIA Stock Performance

NASDAQ NVDA opened at $181.85 on Tuesday. The company has a market cap of $4.42 trillion, a P/E ratio of 51.81, a P/E/G 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. The stock has a 50-day moving average of $176.81 and a two-hundred day moving average of $146.62. NVIDIA Corporation has a 1-year low of $86.62 and a 1-year high of $184.55.

NVIDIA (NASDAQ:NVDA - Get Free Report) last released its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.04. The company had revenue of $46.74 billion during the quarter, compared to the consensus estimate of $45.65 billion. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.NVIDIA's revenue was up 55.6% compared to the same quarter last year. During the same period in the previous year, the company posted $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. As a group, analysts anticipate that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Announces Dividend

The business also recently disclosed 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 annualized dividend 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%.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the company. Stifel Nicolaus raised their target price on NVIDIA from $202.00 to $212.00 and gave the stock a "buy" rating in a research note on Monday, August 25th. Citigroup cut their target price on NVIDIA from $210.00 to $200.00 and set a "buy" rating for the company in a research note on Monday, September 8th. Rosenblatt Securities reissued a "buy" rating and set a $215.00 price objective on shares of NVIDIA in a research report on Tuesday, September 23rd. Sanford C. Bernstein reissued a "buy" rating on shares of NVIDIA in a research report on Tuesday, September 23rd. Finally, Piper Sandler set a $225.00 price objective on NVIDIA and gave the stock an "overweight" rating in a research report on Wednesday, August 13th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-six have issued a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $210.21.

Insider Activity

In related news, CEO Jen Hsun Huang sold 75,000 shares of the business's stock in a transaction that occurred on Friday, July 11th. The stock was sold at an average price of $166.00, for a total transaction of $12,450,000.00. Following the completion of the sale, the chief executive officer owned 74,723,225 shares in the company, valued at $12,404,055,350. The trade was a 0.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Harvey C. Jones sold 250,000 shares of the business's stock in a transaction that occurred on Thursday, September 18th. The shares were sold at an average price of $176.21, for a total value of $44,052,500.00. Following the completion of the transaction, the director directly owned 7,183,280 shares in the company, valued at approximately $1,265,765,768.80. The trade was a 3.36% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 4,148,818 shares of company stock worth $720,112,070. 4.17% of the stock is currently owned by company insiders.

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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