NVIDIA Corporation $NVDA Stock Position Boosted by CRA Financial Services LLC

Key Points

• CRA Financial Services LLC increased its stake in NVIDIA Corporation by 3.9% during Q2, holding approximately 126,398 shares valued at nearly $20 million.
• Various hedge funds have also adjusted their NVIDIA holdings, with notable increases by Brighton Jones LLC (12.4%) and Hudson Value Partners LLC (30.7%) in Q4.
• NVIDIA's recent earnings report showed a 55.6% year-over-year revenue increase, with a reported EPS of $1.05, surpassing analyst expectations.

CRA Financial Services LLC lifted its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 3.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 126,398 shares of the computer hardware maker's stock after acquiring an additional 4,730 shares during the period. NVIDIA accounts for about 3.1% of CRA Financial Services LLC's holdings, making the stock its 7th biggest position. CRA Financial Services LLC's holdings in NVIDIA were worth $19,970,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Brighton Jones LLC lifted its holdings in shares of 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 purchasing an additional 35,815 shares during the period. Bank Pictet & Cie Europe AG lifted its holdings in shares of NVIDIA by 1.0% during the fourth quarter. Bank Pictet & Cie Europe AG now owns 2,346,417 shares of the computer hardware maker's stock worth $315,100,000 after purchasing an additional 22,929 shares during the period. Highview Capital Management LLC DE lifted its holdings in NVIDIA by 6.7% in the fourth 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 increased its position 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 worth $6,805,000 after purchasing an additional 11,900 shares in the last quarter. Finally, Forum Financial Management LP grew its holdings in NVIDIA by 28.2% in the 4th quarter. Forum Financial Management LP now owns 189,998 shares of the computer hardware maker's stock valued at $25,515,000 after buying an additional 41,757 shares during the period. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

NVIDIA Stock Performance

NVDA stock opened at $187.24 on Thursday. The business's 50-day moving average price is $177.52 and its two-hundred day moving average price is $147.17. The company has a current ratio of 4.21, a quick ratio of 3.60 and a debt-to-equity ratio of 0.08. The firm has a market cap of $4.55 trillion, a PE ratio of 53.34, a P/E/G ratio of 1.35 and a beta of 2.12. NVIDIA Corporation has a 1-year low of $86.62 and a 1-year high of $188.14.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share for the quarter, topping the consensus estimate 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 company's revenue for the quarter was up 55.6% on a year-over-year basis. During the same period in the previous year, the company posted $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. As a group, research analysts forecast that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th will be issued 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 payout ratio is 1.14%.

Analysts Set New Price Targets

A number of research analysts have issued reports on the company. JPMorgan Chase & Co. reiterated a "buy" rating and set a $215.00 price target on shares of NVIDIA in a research report on Friday, September 19th. Stifel Nicolaus raised their price objective on NVIDIA from $202.00 to $212.00 and gave the stock a "buy" rating in a research report on Monday, August 25th. Barclays restated an "overweight" rating and set a $240.00 target price (up previously from $200.00) on shares of NVIDIA in a research report on Monday, September 22nd. Oppenheimer reaffirmed an "outperform" rating and set a $225.00 price target (up from $200.00) on shares of NVIDIA in a report on Thursday, August 28th. Finally, Cantor Fitzgerald reissued an "overweight" rating and issued a $240.00 target price on shares of NVIDIA in a research note on Thursday, August 28th. Four research analysts have rated the stock with a Strong Buy rating, thirty-six have given a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $211.00.

Insider Buying and Selling

In other news, Director Mark A. Stevens sold 350,000 shares of the business's stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $176.39, for a total value of $61,736,500.00. Following the sale, the director directly owned 7,399,803 shares in the company, valued at $1,305,251,251.17. The trade was a 4.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Persis Drell sold 40,000 shares of the business's stock in a transaction dated Friday, September 19th. The shares were sold at an average price of $177.65, for a total value of $7,106,000.00. Following the completion of the sale, the director owned 138,740 shares in the company, valued at approximately $24,647,161. This trade represents a 22.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 4,022,407 shares of company stock valued at $700,382,754. Corporate 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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