NVIDIA Corporation $NVDA Shares Purchased 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 increased its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 6.7% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 73,276 shares of the computer hardware maker's stock after purchasing an additional 4,604 shares during the quarter. NVIDIA accounts for approximately 2.2% of Wealth Alliance Advisory Group LLC's portfolio, making the stock its 10th biggest position. Wealth Alliance Advisory Group LLC's holdings in NVIDIA were worth $11,577,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of NVDA. Brighton Jones LLC boosted its holdings in 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 acquiring an additional 35,815 shares during the period. Bank Pictet & Cie Europe AG boosted its holdings in 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 acquiring an additional 22,929 shares during the period. Highview Capital Management LLC DE boosted its holdings in 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 acquiring an additional 3,653 shares during the period. Hudson Value Partners LLC boosted its holdings 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 acquiring an additional 11,900 shares during the period. Finally, Summit Investment Advisors Inc. boosted its holdings in NVIDIA by 1.9% during the 4th quarter. Summit Investment Advisors Inc. now owns 737,749 shares of the computer hardware maker's stock valued at $99,072,000 after acquiring an additional 13,700 shares during the period. 65.27% of the stock is owned by institutional investors and hedge funds.

NVIDIA Price Performance

NVDA stock traded up $0.43 on Friday, reaching $176.67. 236,580,653 shares of the company's stock were exchanged, compared to its average volume of 177,120,144. The stock has a fifty day moving average of $175.73 and a 200-day moving average of $143.62. NVIDIA Corporation has a twelve month low of $86.62 and a twelve month high of $184.48. The firm has a market cap of $4.29 trillion, a PE ratio of 50.33, a P/E/G ratio of 1.28 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.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced 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. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The firm had revenue of $46.74 billion for the quarter, compared to analyst estimates of $45.65 billion. During the same quarter in the prior year, the company posted $0.68 earnings per share. NVIDIA's quarterly revenue was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. As a group, equities analysts predict that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 2nd. Shareholders of record on Thursday, September 11th will be given a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. The ex-dividend date is Thursday, September 11th. NVIDIA's payout ratio is presently 1.14%.

Insider Transactions at NVIDIA

In other news, Director Mark A. Stevens sold 297,797 shares of the company's stock in a transaction on Friday, September 12th. The stock was sold at an average price of $178.19, for a total value of $53,064,447.43. Following the sale, the director directly owned 7,749,803 shares in the company, valued at $1,380,937,396.57. This represents a 3.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Jen Hsun Huang sold 75,000 shares of the company's stock in a transaction on Friday, September 19th. The shares were sold at an average price of $176.42, for a total value of $13,231,500.00. Following the completion of the sale, the chief executive officer owned 71,683,203 shares in the company, valued at $12,646,350,673.26. This 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 4,020,022 shares of company stock valued at $677,418,500 in the last three months. 4.17% of the stock is owned by company insiders.

Analysts Set New Price Targets

NVDA has been the subject of a number of research analyst reports. Bank of America raised their target price on NVIDIA from $220.00 to $235.00 and gave the company a "buy" rating in a report on Thursday, August 28th. Benchmark lifted their price objective on NVIDIA from $190.00 to $220.00 and gave the company a "buy" rating in a research note on Thursday, August 28th. Phillip Securities upgraded NVIDIA from a "moderate buy" rating to a "strong-buy" rating in a research note on Monday, July 14th. Morgan Stanley lifted their price objective on NVIDIA from $206.00 to $210.00 and gave the company an "overweight" rating in a research note on Thursday, August 28th. Finally, Mizuho lifted their price objective on NVIDIA from $192.00 to $205.00 and gave the company an "outperform" rating in a research note on Thursday, August 14th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-six have assigned a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $208.47.

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.