Potentia Wealth Purchases 4,760 Shares of NVIDIA Corporation $NVDA

Key Points

• Potentia Wealth increased its holdings in NVIDIA Corporation by 9.7% in the first quarter, owning a total of 53,874 shares worth approximately $5.84 million, making it the 10th largest holding in its portfolio.
• Insider transactions include significant sales by Directors Mark A. Stevens and Tench Coxe, with Stevens selling over 608,000 shares and Coxe selling 1 million shares, both resulting in a decrease of their ownership by 6.87% and 3.61% respectively.
• NVIDIA recently announced a quarterly dividend of $0.01 per share, reflecting a 0.0% dividend yield, and has an expected earnings per share of 2.77 for the current year according to analyst projections.

Potentia Wealth grew its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 9.7% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 53,874 shares of the computer hardware maker's stock after buying an additional 4,760 shares during the period. NVIDIA comprises 2.7% of Potentia Wealth's portfolio, making the stock its 10th largest position. Potentia Wealth's holdings in NVIDIA were worth $5,839,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in the stock. Kathleen S. Wright Associates Inc. lifted its position in shares of NVIDIA by 169.3% during the 1st quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker's stock valued at $44,000 after acquiring an additional 254 shares during the last quarter. Copia Wealth Management bought a new stake in shares of NVIDIA in the fourth quarter valued at about $50,000. Barnes Dennig Private Wealth Management LLC bought a new position in shares of NVIDIA in the first quarter valued at approximately $51,000. Bruce G. Allen Investments LLC lifted its stake in shares of NVIDIA by 198.2% during the first quarter. Bruce G. Allen Investments LLC now owns 492 shares of the computer hardware maker's stock valued at $53,000 after acquiring an additional 327 shares during the period. Finally, LSV Asset Management acquired a new position in shares of NVIDIA during the 4th quarter worth about $54,000. 65.27% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

NVDA has been the topic of several research reports. Oppenheimer reaffirmed an "outperform" rating and issued a $225.00 price objective (up from $200.00) on shares of NVIDIA in a research report on Thursday, August 28th. BNP Paribas raised shares of NVIDIA to a "hold" rating in a research note on Friday, August 1st. Phillip Securities raised shares of NVIDIA from a "moderate buy" rating to a "strong-buy" rating in a research note on Monday, July 14th. Piper Sandler set a $225.00 target price on NVIDIA and gave the company an "overweight" rating in a research report on Wednesday, August 13th. Finally, UBS Group boosted their target price on shares of NVIDIA from $175.00 to $205.00 and gave the company a "buy" rating in a research note on Thursday, August 21st. Four investment analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $207.69.

NVIDIA Stock Performance

Shares of NVDA traded down $4.64 during mid-day trading on Friday, hitting $167.02. 223,875,375 shares of the company traded hands, compared to its average volume of 167,410,624. NVIDIA Corporation has a 1 year low of $86.62 and a 1 year high of $184.48. The stock has a market cap of $4.06 trillion, a price-to-earnings ratio of 47.58, a P/E/G ratio of 1.21 and a beta of 2.10. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.60 and a current ratio of 4.21. The stock has a 50-day moving average price of $172.73 and a two-hundred day moving average price of $140.21.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share for the quarter, topping analysts' consensus estimates 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 during the quarter, compared to analyst estimates of $45.65 billion. During the same quarter in the prior year, the business earned $0.68 earnings per share. NVIDIA's revenue for the quarter was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. Equities analysts anticipate that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 2nd. Investors of record on Thursday, September 11th will be paid a $0.01 dividend. The ex-dividend date is Thursday, September 11th. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. NVIDIA's dividend payout ratio (DPR) is 1.14%.

Insider Buying and Selling at NVIDIA

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