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ORG Partners LLC Grows Position in NVIDIA Corporation $NVDA

NVIDIA logo with Computer and Technology background

Key Points

  • ORG Partners LLC increased its stake in NVIDIA Corporation (NASDAQ: NVDA) by 11.3%, owning a total of 51,759 shares valued at approximately $7,991,000, making it the 9th largest position in their portfolio.
  • Numerous institutional investors, including Brighton Jones LLC and Hudson Value Partners LLC, have also increased their holdings in NVIDIA, contributing to a current institutional ownership of 65.27%.
  • Wall Street analysts are optimistic about NVIDIA, with ratings indicating a predominant "buy" sentiment and an average target price of $212.84, suggesting continued growth potential.
  • Interested in NVIDIA? Here are five stocks we like better.

ORG Partners LLC increased its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 11.3% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 51,759 shares of the computer hardware maker's stock after purchasing an additional 5,269 shares during the period. NVIDIA comprises about 1.7% of ORG Partners LLC's investment portfolio, making the stock its 9th largest position. ORG Partners LLC's holdings in NVIDIA were worth $7,991,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Brighton Jones LLC grew its position in NVIDIA by 12.4% in the fourth 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 grew its position in NVIDIA by 1.0% in the fourth 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 grew its position 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 grew its position in NVIDIA by 30.7% in the fourth 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, Aletheian Wealth Advisors LLC grew its position in NVIDIA by 9.0% in the first quarter. Aletheian Wealth Advisors LLC now owns 25,889 shares of the computer hardware maker's stock valued at $2,806,000 after acquiring an additional 2,127 shares during the period. 65.27% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on NVDA. Weiss Ratings reiterated a "buy (b)" rating on shares of NVIDIA in a research report on Wednesday. Wells Fargo & Company upped their price target on NVIDIA from $185.00 to $220.00 and gave the company an "overweight" rating in a research report on Monday, August 11th. DA Davidson upgraded NVIDIA from a "neutral" rating to a "buy" rating and upped their price target for the company from $195.00 to $210.00 in a research report on Thursday, September 11th. Daiwa Capital Markets upped their price target on NVIDIA from $165.00 to $205.00 and gave the company an "outperform" rating in a research report on Wednesday, September 17th. Finally, Wedbush restated an "outperform" rating and set a $210.00 target price on shares of NVIDIA in a report on Thursday, August 28th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $212.84.

Check Out Our Latest Stock Analysis on NVIDIA

NVIDIA Trading Up 1.8%

NASDAQ:NVDA opened at $192.57 on Friday. NVIDIA Corporation has a 1-year low of $86.62 and a 1-year high of $195.30. The business's 50-day moving average price is $178.97 and its two-hundred day moving average price is $150.06. 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 capitalization of $4.68 trillion, a price-to-earnings ratio of 54.86, a PEG ratio of 1.37 and a beta of 2.12.

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. 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 firm posted $0.68 earnings per share. The company's quarterly revenue was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. On average, equities analysts expect that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, October 2nd. Shareholders of record on Thursday, September 11th were paid a $0.01 dividend. The ex-dividend date of this dividend was Thursday, September 11th. This represents a $0.04 annualized dividend and a yield of 0.0%. NVIDIA's dividend payout ratio is presently 1.14%.

Insider Buying and Selling at NVIDIA

In other NVIDIA news, Director Mark A. Stevens sold 350,000 shares of the 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 transaction, the director owned 7,399,803 shares of the company's stock, valued at approximately $1,305,251,251.17. This represents a 4.52% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Jen Hsun Huang sold 75,000 shares of the firm's stock in a transaction dated Wednesday, July 30th. The stock was sold at an average price of $178.74, for a total value of $13,405,500.00. Following the sale, the chief executive officer directly owned 73,748,225 shares in the company, valued at approximately $13,181,757,736.50. This represents a 0.10% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 3,775,379 shares of company stock valued at $665,883,171. 4.17% of the stock is currently owned by company insiders.

NVIDIA Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding NVDA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NVIDIA Corporation (NASDAQ:NVDA - Free Report).

Institutional Ownership by Quarter for NVIDIA (NASDAQ:NVDA)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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