One Degree Advisors Inc Invests $234,000 in NVIDIA Corporation $NVDA

Key Points

• One Degree Advisors Inc has acquired 2,167 shares of NVIDIA Corporation, valued at approximately $234,000, indicating institutional interest in the company during the first quarter.
• NVIDIA's CEO, Jen Hsun Huang, recently sold 75,000 shares for over $12.7 million, along with other insider transactions totaling nearly $764 million in the last 90 days.
• Analysts have upgraded NVIDIA's stock to a "strong-buy" rating, with several raising their price targets, showing increased confidence in its future performance.

One Degree Advisors Inc bought a new position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 2,167 shares of the computer hardware maker's stock, valued at approximately $234,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. High Note Wealth LLC lifted its stake in shares of NVIDIA by 0.5% in the 1st quarter. High Note Wealth LLC now owns 17,873 shares of the computer hardware maker's stock valued at $1,937,000 after acquiring an additional 91 shares during the last quarter. Kelly Financial Services LLC grew its holdings in NVIDIA by 2.0% during the 1st quarter. Kelly Financial Services LLC now owns 4,736 shares of the computer hardware maker's stock worth $513,000 after acquiring an additional 94 shares during the period. Next Capital Management LLC grew its stake in shares of NVIDIA by 0.8% in the 1st quarter. Next Capital Management LLC now owns 12,589 shares of the computer hardware maker's stock valued at $1,364,000 after buying an additional 94 shares during the period. Mendel Capital Management LLC grew its stake in shares of NVIDIA by 0.8% in the 1st quarter. Mendel Capital Management LLC now owns 11,871 shares of the computer hardware maker's stock valued at $1,287,000 after buying an additional 96 shares during the period. Finally, Affiance Financial LLC grew its stake in shares of NVIDIA by 0.7% in the 1st quarter. Affiance Financial LLC now owns 13,651 shares of the computer hardware maker's stock valued at $1,479,000 after buying an additional 97 shares during the period. 65.27% of the stock is currently owned by institutional investors.

Insider Activity at NVIDIA

In other NVIDIA news, CEO Jen Hsun Huang sold 75,000 shares of the stock in a transaction that occurred on Monday, September 8th. The shares were sold at an average price of $169.71, for a total value of $12,728,250.00. Following the transaction, the chief executive officer directly owned 72,398,366 shares in the company, valued at approximately $12,286,726,693.86. This trade represents a 0.10% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Dawn E. Hudson sold 18,000 shares of the firm's stock in a transaction on Wednesday, September 3rd. The shares were sold at an average price of $172.00, for a total transaction of $3,096,000.00. Following the sale, the director owned 368,887 shares in the company, valued at $63,448,564. The trade was a 4.65% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 3,832,755 shares of company stock worth $619,935,680 in the last 90 days. 4.17% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. Barclays raised their price target on shares of NVIDIA from $170.00 to $200.00 and gave the company an "overweight" rating in a research report on Tuesday, June 17th. Piper Sandler set a $225.00 price target on shares of NVIDIA and gave the stock an "overweight" rating in a research note on Wednesday, August 13th. Loop Capital lifted their price objective on shares of NVIDIA from $175.00 to $250.00 and gave the company a "buy" rating in a research note on Wednesday, June 25th. Wells Fargo & Company boosted their price target on shares of NVIDIA from $185.00 to $220.00 and gave the company an "overweight" rating in a research report on Monday, August 11th. Finally, Rosenblatt Securities lifted their price objective on shares of NVIDIA from $200.00 to $215.00 and gave the stock a "buy" rating in a report on Thursday, August 28th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, five have given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $207.42.

NVIDIA Stock Up 0.8%

NVDA traded up $1.41 during midday trading on Tuesday, reaching $169.72. The company's stock had a trading volume of 108,655,075 shares, compared to its average volume of 236,914,234. The firm has a market capitalization of $4.12 trillion, a price-to-earnings ratio of 48.36, a PEG ratio of 1.21 and a beta of 2.10. 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 Corporation has a 1 year low of $86.62 and a 1 year high of $184.48. The stock's 50-day moving average is $172.94 and its 200-day moving average is $140.44.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) 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 the consensus estimate of $45.65 billion. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The business's revenue was up 55.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. As a group, research analysts expect that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 2nd. Investors of record on Thursday, September 11th will be issued a $0.01 dividend. The ex-dividend date is Thursday, September 11th. This represents a $0.04 annualized dividend and a yield of 0.0%. NVIDIA's dividend payout ratio (DPR) is currently 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.