Panoramic Investment Advisors LLC Buys 2,536 Shares of NVIDIA Corporation $NVDA

Panoramic Investment Advisors LLC grew its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 28.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,466 shares of the computer hardware maker's stock after buying an additional 2,536 shares during the quarter. Panoramic Investment Advisors LLC's holdings in NVIDIA were worth $1,243,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the stock. McCollum Christoferson Group LLC grew its stake in shares of NVIDIA by 13.8% during the 1st quarter. McCollum Christoferson Group LLC now owns 17,325 shares of the computer hardware maker's stock valued at $1,878,000 after acquiring an additional 2,107 shares during the period. Westover Capital Advisors LLC lifted its holdings in NVIDIA by 11.4% during the first quarter. Westover Capital Advisors LLC now owns 150,277 shares of the computer hardware maker's stock valued at $16,287,000 after purchasing an additional 15,356 shares in the last quarter. ShoreHaven Wealth Partners LLC boosted its position in shares of NVIDIA by 2.2% in the first quarter. ShoreHaven Wealth Partners LLC now owns 5,496 shares of the computer hardware maker's stock worth $596,000 after purchasing an additional 120 shares during the period. USAdvisors Wealth Management LLC increased its stake in shares of NVIDIA by 29.2% in the first quarter. USAdvisors Wealth Management LLC now owns 3,402 shares of the computer hardware maker's stock worth $368,000 after purchasing an additional 769 shares in the last quarter. Finally, ANB Bank increased its stake in shares of NVIDIA by 8.5% in the first quarter. ANB Bank now owns 16,783 shares of the computer hardware maker's stock worth $1,819,000 after purchasing an additional 1,310 shares in the last quarter. 65.27% of the stock is owned by hedge funds and other institutional investors.

NVIDIA Trading Up 1.7%

Shares of NVDA opened at $177.99 on Friday. The stock has a market capitalization of $4.34 trillion, a PE ratio of 57.42, a P/E/G ratio of 1.56 and a beta of 2.14. The company's fifty day moving average is $167.35 and its 200 day moving average is $137.40. The company has a debt-to-equity ratio of 0.10, a quick ratio of 2.96 and a current ratio of 3.39. NVIDIA Corporation has a fifty-two week low of $86.62 and a fifty-two week high of $184.48.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its quarterly earnings data on Wednesday, May 28th. The computer hardware maker reported $0.81 EPS for the quarter, missing analysts' consensus estimates of $0.87 by ($0.06). NVIDIA had a return on equity of 105.09% and a net margin of 51.69%.The business had revenue of $44.06 billion during the quarter, compared to analysts' expectations of $43.09 billion. During the same period in the previous year, the business earned $0.61 earnings per share. The business's quarterly revenue was up 69.2% on a year-over-year basis. NVIDIA has set its Q2 2026 guidance at EPS. Sell-side analysts expect that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, July 3rd. Investors of record on Wednesday, June 11th were given a $0.01 dividend. The ex-dividend date was Wednesday, June 11th. This represents a $0.04 annualized dividend and a yield of 0.0%. NVIDIA's dividend payout ratio (DPR) is currently 1.29%.

Wall Street Analysts Forecast Growth

NVDA has been the subject of several recent analyst reports. Evercore ISI upped their target price on shares of NVIDIA from $190.00 to $214.00 and gave the stock an "outperform" rating in a report on Friday. BNP Paribas raised NVIDIA to a "hold" rating in a research note on Friday, August 1st. Rosenblatt Securities increased their target price on NVIDIA from $178.00 to $200.00 and gave the stock a "buy" rating in a research report on Thursday, May 29th. Jefferies Financial Group boosted their price target on NVIDIA from $185.00 to $200.00 in a report on Wednesday, July 16th. Finally, Cantor Fitzgerald restated an "overweight" rating and issued a $240.00 price target (up from $200.00) on shares of NVIDIA in a research note on Monday, August 18th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $192.44.

Insider Activity at NVIDIA

In other news, CEO Jen Hsun Huang sold 75,000 shares of the business's stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $179.76, for a total transaction of $13,482,000.00. Following the transaction, the chief executive officer owned 72,848,225 shares of the company's stock, valued at approximately $13,095,196,926. The trade was a 0.10% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Colette Kress sold 27,640 shares of the stock in a transaction on Monday, August 4th. The shares were sold at an average price of $178.06, for a total value of $4,921,578.40. Following the sale, the chief financial officer owned 2,956,876 shares in the company, valued at $526,501,340.56. The trade was a 0.93% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 5,912,440 shares of company stock worth $902,886,782 over the last three months. 4.17% of the stock is currently owned by insiders.

NVIDIA Company 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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