NVIDIA Corporation $NVDA Stock Holdings Raised by Wealth Alliance Advisory Group LLC

Key Points

• Wealth Alliance Advisory Group LLC increased its holdings in NVIDIA Corporation by 6.7%, now owning 73,276 shares valued at approximately $11.6 million, making it the 10th largest position in their portfolio.
• Recent ratings from analysts show positive sentiment toward NVIDIA, with Morgan Stanley and Raymond James adjusting their price targets up to $210.00 and $165.00, respectively.
• NVIDIA exceeded earnings expectations last quarter, reporting an EPS of $1.05 against an estimate of $1.01, driven by a significant revenue increase of 55.6% year-over-year.

Wealth Alliance Advisory Group LLC lifted its position in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 6.7% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 73,276 shares of the computer hardware maker's stock after buying an additional 4,604 shares during the quarter. NVIDIA makes up approximately 2.2% of Wealth Alliance Advisory Group LLC's portfolio, making the stock its 10th biggest holding. Wealth Alliance Advisory Group LLC's holdings in NVIDIA were worth $11,577,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Copia Wealth Management purchased a new stake in shares of NVIDIA in the fourth quarter worth about $50,000. Kathleen S. Wright Associates Inc. raised its stake in 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 purchasing an additional 254 shares in the last quarter. Barnes Dennig Private Wealth Management LLC purchased a new stake in NVIDIA in the first quarter valued at approximately $51,000. Bruce G. Allen Investments LLC raised its stake in 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 purchasing an additional 327 shares in the last quarter. Finally, Campbell Capital Management Inc. raised its stake in 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 purchasing an additional 590 shares in the last quarter. 65.27% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the stock. Morgan Stanley raised their target price on shares of NVIDIA from $206.00 to $210.00 and gave the company an "overweight" rating in a research note on Thursday, August 28th. Raymond James Financial raised their target price on shares of NVIDIA from $150.00 to $165.00 and gave the company a "strong-buy" rating in a research note on Thursday, May 29th. Summit Insights raised shares of NVIDIA from a "hold" rating to a "buy" rating in a research note on Thursday, May 29th. Evercore ISI lifted their price target on shares of NVIDIA from $190.00 to $214.00 and gave the stock an "outperform" rating in a research note on Friday, August 22nd. Finally, Wedbush reissued an "outperform" rating and set a $210.00 price target 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 issued a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, NVIDIA presently has an average rating of "Moderate Buy" and an average price target of $208.47.

NVIDIA Price Performance

NASDAQ NVDA opened at $176.24 on Friday. NVIDIA Corporation has a 52 week low of $86.62 and a 52 week high of $184.48. The firm has a market capitalization of $4.28 trillion, a P/E ratio of 50.21, a PEG ratio of 1.23 and a beta of 2.10. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08. The company has a 50-day moving average price of $175.50 and a 200-day moving average price of $143.02.

NVIDIA (NASDAQ:NVDA - Get Free Report) last released its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, beating the consensus estimate of $1.01 by $0.04. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The firm had revenue of $46.74 billion during the quarter, compared to analyst estimates of $45.65 billion. During the same quarter in the prior year, the firm earned $0.68 EPS. The business'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. Equities research analysts anticipate that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 2nd. Investors of record on Thursday, September 11th will be paid a dividend of $0.01 per share. The ex-dividend date is 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 1.14%.

Insider Activity at NVIDIA

In related news, CEO Jen Hsun Huang sold 75,000 shares of the business's stock in a transaction that occurred on Friday, June 27th. The stock was sold at an average price of $157.02, for a total transaction of $11,776,500.00. Following the completion of the transaction, the chief executive officer directly owned 75,398,225 shares in the company, valued at approximately $11,839,029,289.50. The trade was a 0.10% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Ajay K. Puri sold 168,195 shares of the firm's stock in a transaction on Wednesday, June 25th. The shares were sold at an average price of $152.64, for a total transaction of $25,673,284.80. Following the transaction, the executive vice president directly 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 ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 3,819,522 shares of company stock worth $642,506,300. 4.17% of the stock is owned by company insiders.

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.

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