Osprey Private Wealth LLC Raises Holdings in NVIDIA Corporation $NVDA

Key Points

• Osprey Private Wealth LLC increased its stake in NVIDIA by 2.7% during the 2nd quarter, now holding 84,655 shares valued at approximately $13.49 million, making it the firm's largest position.
• Insiders have sold a significant number of NVIDIA shares recently, with notable transactions including Dawn E. Hudson's sale of 18,000 shares for $3.1 million and Mark A. Stevens selling 297,797 shares for over $53 million.
• NVIDIA reported strong financials, with a 55.6% year-over-year revenue increase in its latest quarter and an earnings per share (EPS) of $1.05, exceeding analysts' expectations.

Osprey Private Wealth LLC boosted its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 2.7% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 84,655 shares of the computer hardware maker's stock after purchasing an additional 2,225 shares during the quarter. NVIDIA comprises 7.3% of Osprey Private Wealth LLC's holdings, making the stock its biggest position. Osprey Private Wealth LLC's holdings in NVIDIA were worth $13,489,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Burkett Financial Services LLC increased its stake in shares of NVIDIA by 1.3% in the 2nd quarter. Burkett Financial Services LLC now owns 5,450 shares of the computer hardware maker's stock valued at $861,000 after acquiring an additional 70 shares during the last quarter. Elevate Wealth Advisory Inc. increased its stake in NVIDIA by 1.7% during the 1st quarter. Elevate Wealth Advisory Inc. now owns 4,617 shares of the computer hardware maker's stock worth $500,000 after purchasing an additional 77 shares in the last quarter. Earnest Partners LLC increased its stake in NVIDIA by 0.7% during the 1st quarter. Earnest Partners LLC now owns 11,334 shares of the computer hardware maker's stock worth $1,228,000 after purchasing an additional 81 shares in the last quarter. Retirement Wealth Solutions LLC increased its stake in NVIDIA by 2.0% during the 2nd quarter. Retirement Wealth Solutions LLC now owns 4,172 shares of the computer hardware maker's stock worth $659,000 after purchasing an additional 81 shares in the last quarter. Finally, High Note Wealth LLC increased its stake in NVIDIA by 0.5% during the 1st quarter. High Note Wealth LLC now owns 17,873 shares of the computer hardware maker's stock worth $1,937,000 after purchasing an additional 91 shares in the last quarter. 65.27% of the stock is owned by institutional investors.

NVIDIA Stock Performance

NVDA stock traded up $0.43 during trading hours on Friday, hitting $176.67. 236,580,653 shares of the stock were exchanged, compared to its average volume of 177,120,144. 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 $4.29 trillion, a P/E ratio of 50.33, a P/E/G ratio of 1.27 and a beta of 2.10. The company has a 50-day simple moving average of $175.73 and a two-hundred day simple moving average of $143.44. NVIDIA Corporation has a 12 month low of $86.62 and a 12 month high of $184.48.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its quarterly earnings data 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 analysts' expectations of $45.65 billion. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The company's quarterly revenue was up 55.6% compared to the same quarter last year. During the same quarter last year, the business earned $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. On average, analysts forecast that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

The company also recently disclosed 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. 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 presently 1.14%.

Analysts Set New Price Targets

A number of analysts recently issued reports on NVDA shares. Mizuho increased their target price on NVIDIA from $192.00 to $205.00 and gave the stock an "outperform" rating in a research note on Thursday, August 14th. Wall Street Zen raised NVIDIA from a "hold" rating to a "buy" rating in a research report on Friday, September 5th. Piper Sandler set a $225.00 price target on NVIDIA and gave the stock an "overweight" rating in a research report on Wednesday, August 13th. Morgan Stanley upped their price target on NVIDIA from $206.00 to $210.00 and gave the stock an "overweight" rating in a research report on Thursday, August 28th. Finally, Sanford C. Bernstein reaffirmed an "outperform" rating and set a $225.00 price target (up previously from $185.00) on shares of NVIDIA in a research report on Thursday, August 28th. Four research 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 assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $208.47.

Insiders Place Their Bets

In related news, CEO Jen Hsun Huang sold 75,000 shares of the firm's stock in a transaction dated Friday, June 27th. The stock was sold at an average price of $157.02, for a total value of $11,776,500.00. Following the sale, the chief executive officer directly owned 75,398,225 shares of the company's stock, valued at $11,839,029,289.50. This trade represents a 0.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Ajay K. Puri sold 168,195 shares of the firm's stock in a transaction dated Wednesday, June 25th. The shares were sold at an average price of $152.64, for a total value of $25,673,284.80. Following the completion of the sale, the executive vice president directly owned 4,018,547 shares in the company, valued at $613,391,014.08. This trade represents a 4.02% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 4,020,022 shares of company stock worth $677,418,500 in the last 90 days. Company 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.