Oxinas Partners Wealth Management LLC Raises Position in NVIDIA Corporation $NVDA

Key Points

• Oxinas Partners Wealth Management LLC increased its stake in NVIDIA by 11.2%, holding 14,547 shares valued at approximately $2.3 million, making it the firm's 25th largest holding.
• Insider transactions include CEO Jen Hsun Huang selling 75,000 shares and Director Mark A. Stevens selling 350,000 shares, which contributed to a total of nearly $687 million in insider sales over the last quarter.
• Wall Street analysts have raised their price targets for NVIDIA, with estimates ranging from $210 to $250, reflecting a consensus rating of "Moderate Buy" and a target price of $211.26.

Oxinas Partners Wealth Management LLC grew its position in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 11.2% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 14,547 shares of the computer hardware maker's stock after buying an additional 1,465 shares during the period. NVIDIA makes up about 1.2% of Oxinas Partners Wealth Management LLC's investment portfolio, making the stock its 25th largest holding. Oxinas Partners Wealth Management LLC's holdings in NVIDIA were worth $2,298,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Pachira Investments Inc. grew its stake in shares of NVIDIA by 1.0% in the second quarter. Pachira Investments Inc. now owns 6,450 shares of the computer hardware maker's stock worth $1,019,000 after acquiring an additional 63 shares during the period. HFG Wealth Management LLC grew its position in NVIDIA by 3.4% during the second quarter. HFG Wealth Management LLC now owns 2,075 shares of the computer hardware maker's stock valued at $328,000 after buying an additional 68 shares during the period. Hidden Cove Wealth Management LLC grew its position in NVIDIA by 0.3% during the second quarter. Hidden Cove Wealth Management LLC now owns 23,778 shares of the computer hardware maker's stock valued at $3,757,000 after buying an additional 69 shares during the period. Burkett Financial Services LLC grew its position in NVIDIA by 1.3% during the second quarter. Burkett Financial Services LLC now owns 5,450 shares of the computer hardware maker's stock valued at $861,000 after buying an additional 70 shares during the period. Finally, Guided Capital Wealth Management LLC grew its position in NVIDIA by 0.3% during the second quarter. Guided Capital Wealth Management LLC now owns 27,858 shares of the computer hardware maker's stock valued at $4,401,000 after buying an additional 70 shares during the period. 65.27% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at NVIDIA

In other news, CEO Jen Hsun Huang sold 75,000 shares of the business's stock in a transaction on Friday, July 18th. The shares were sold at an average price of $172.52, for a total value of $12,939,000.00. Following the transaction, the chief executive officer owned 74,348,225 shares of the company's stock, valued at approximately $12,826,555,777. The trade was a 0.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Mark A. Stevens sold 350,000 shares of the business's stock in a transaction on Friday, September 19th. The stock was sold at an average price of $176.39, for a total transaction of $61,736,500.00. Following the completion of the transaction, the director directly owned 7,399,803 shares in the company, valued at $1,305,251,251.17. This trade represents a 4.52% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 3,921,593 shares of company stock valued at $686,502,137. 4.17% of the stock is currently owned by corporate insiders.

NVIDIA Price Performance

Shares of NASDAQ:NVDA opened at $185.54 on Tuesday. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.21 and a quick ratio of 3.60. NVIDIA Corporation has a 1-year low of $86.62 and a 1-year high of $191.05. The company has a market capitalization of $4.51 trillion, a P/E ratio of 52.86, a P/E/G ratio of 1.36 and a beta of 2.12. The firm's 50 day simple moving average is $178.29 and its two-hundred day simple moving average is $149.05.

NVIDIA (NASDAQ:NVDA - Get Free Report) last released its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, topping the consensus estimate of $1.01 by $0.04. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The firm had revenue of $46.74 billion for the quarter, compared to the consensus estimate of $45.65 billion. During the same quarter in the previous year, the firm earned $0.68 earnings per share. The company's quarterly revenue was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. Research analysts expect that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Announces Dividend

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

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on NVDA shares. Benchmark boosted their target price on shares of NVIDIA from $190.00 to $220.00 and gave the company a "buy" rating in a research report on Thursday, August 28th. The Goldman Sachs Group set a $210.00 target price on shares of NVIDIA and gave the company a "buy" rating in a research report on Monday. Piper Sandler set a $225.00 target price on shares of NVIDIA and gave the company an "overweight" rating in a research report on Wednesday, August 13th. Loop Capital boosted their target price on shares of NVIDIA from $175.00 to $250.00 and gave the company a "buy" rating in a research report on Wednesday, June 25th. Finally, Wells Fargo & Company boosted their target price 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. Four analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $211.26.

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.

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