Planning Alternatives Ltd. ADV Acquires 8,261 Shares of NVIDIA Corporation $NVDA

Key Points

• Planning Alternatives Ltd. ADV significantly increased its holdings in NVIDIA Corporation by 315.5%, acquiring an additional 8,261 shares, now totaling 10,879 shares valued at approximately $1.18 million.
• Insider transactions saw directors Mark A. Stevens and Tench Coxe sell over 1.6 million shares combined, representing a decrease in their stock positions, while insiders have sold a total of $764 million worth of shares over the last quarter.
• NVIDIA recently reported earnings of $1.05 EPS, surpassing analyst estimates, and declared a quarterly dividend of $0.01 per share, highlighting its growth with a 55.6% increase in revenue year-over-year.

Planning Alternatives Ltd. ADV raised its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 315.5% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 10,879 shares of the computer hardware maker's stock after acquiring an additional 8,261 shares during the period. NVIDIA comprises approximately 0.2% of Planning Alternatives Ltd. ADV's portfolio, making the stock its 28th biggest holding. Planning Alternatives Ltd. ADV's holdings in NVIDIA were worth $1,179,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of NVDA. High Note Wealth LLC increased its position 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 valued at $1,937,000 after buying an additional 91 shares in the last quarter. Kelly Financial Services LLC raised its position in shares of NVIDIA by 2.0% in the 1st quarter. Kelly Financial Services LLC now owns 4,736 shares of the computer hardware maker's stock worth $513,000 after purchasing an additional 94 shares during the last quarter. Next Capital Management LLC raised its position 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 worth $1,364,000 after purchasing an additional 94 shares during the last quarter. Mendel Capital Management LLC raised its position 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 worth $1,287,000 after purchasing an additional 96 shares during the last quarter. Finally, Affiance Financial LLC raised its position 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 worth $1,479,000 after purchasing an additional 97 shares during the last quarter. 65.27% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other NVIDIA news, Director Mark A. Stevens sold 608,248 shares of the company's stock in a transaction that occurred on Wednesday, June 18th. The stock was sold at an average price of $145.26, for a total value of $88,354,104.48. Following the completion of the transaction, the director directly owned 8,247,600 shares in the company, valued at $1,198,046,376. This represents a 6.87% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Tench Coxe sold 1,000,000 shares of the company's stock in a transaction that occurred on Monday, June 9th. The stock was sold at an average price of $142.80, for a total value of $142,800,000.00. Following the completion of the transaction, the director owned 26,671,360 shares of the company's stock, valued at $3,808,670,208. The trade was a 3.61% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 4,872,755 shares of company stock valued at $764,283,330. 4.17% of the stock is owned by company insiders.

NVIDIA Trading Down 2.7%

Shares of NASDAQ:NVDA opened at $167.02 on Friday. The stock has a 50 day moving average of $172.73 and a 200 day moving average of $140.20. The company has a market cap of $4.06 trillion, a PE ratio of 47.58, a price-to-earnings-growth ratio of 1.25 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 12-month low of $86.62 and a 12-month high of $184.48.

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

NVIDIA Announces Dividend

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

Wall Street Analyst Weigh In

NVDA has been the subject of several recent analyst reports. Summit Insights raised NVIDIA from a "hold" rating to a "buy" rating in a research report on Thursday, May 29th. Jefferies Financial Group lifted their price objective on NVIDIA from $200.00 to $205.00 and gave the stock a "buy" rating in a report on Thursday, August 28th. Craig Hallum lifted their price objective on NVIDIA from $195.00 to $245.00 and gave the stock a "buy" rating in a report on Thursday, August 28th. Wolfe Research lifted their price objective on NVIDIA from $220.00 to $230.00 and gave the stock an "outperform" rating in a report on Thursday, August 28th. Finally, Raymond James Financial lifted their price objective on NVIDIA from $150.00 to $165.00 and gave the stock a "strong-buy" rating in a report on Thursday, May 29th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $207.69.

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.

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