Requisite Capital Management LLC Grows Stake in NVIDIA Corporation $NVDA

Requisite Capital Management LLC boosted its stake in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 32.3% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 9,431 shares of the computer hardware maker's stock after acquiring an additional 2,303 shares during the quarter. NVIDIA comprises 0.3% of Requisite Capital Management LLC's investment portfolio, making the stock its 21st biggest holding. Requisite Capital Management LLC's holdings in NVIDIA were worth $1,490,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in NVDA. Kathleen S. Wright Associates Inc. lifted its holdings in shares of NVIDIA by 169.3% in the 1st quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker's stock valued at $44,000 after buying an additional 254 shares during the period. Barnes Dennig Private Wealth Management LLC acquired a new stake in shares of NVIDIA in the 1st quarter valued at approximately $51,000. Bruce G. Allen Investments LLC lifted its holdings in shares of NVIDIA by 198.2% in the 1st quarter. Bruce G. Allen Investments LLC now owns 492 shares of the computer hardware maker's stock valued at $53,000 after buying an additional 327 shares during the period. Legend Financial Advisors Inc. acquired a new stake in shares of NVIDIA in the 2nd quarter valued at approximately $55,000. Finally, Campbell Capital Management Inc. lifted its holdings in shares of NVIDIA by 5,900.0% in the 1st quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker's stock valued at $65,000 after buying an additional 590 shares during the period. 65.27% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts have recently commented on NVDA shares. Piper Sandler set a $225.00 price target on NVIDIA and gave the company an "overweight" rating in a report on Wednesday, August 13th. Rosenblatt Securities reaffirmed a "buy" rating and set a $215.00 price objective on shares of NVIDIA in a report on Tuesday, September 23rd. Barclays reaffirmed an "overweight" rating and set a $240.00 price objective (up from $200.00) on shares of NVIDIA in a report on Monday, September 22nd. Citigroup reaffirmed a "buy" rating and set a $210.00 price objective (up from $200.00) on shares of NVIDIA in a report on Tuesday, September 30th. Finally, BNP Paribas raised NVIDIA to a "hold" rating in a report on Friday, August 1st. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, NVIDIA has a consensus rating of "Moderate Buy" and an average price target of $222.23.

NVIDIA Stock Performance

NVIDIA stock opened at $179.83 on Thursday. 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 fifty day moving average of $179.37 and a two-hundred day moving average of $151.96. The company has a market capitalization of $4.37 trillion, a price-to-earnings ratio of 51.23, a PEG ratio of 1.30 and a beta of 2.12. NVIDIA Corporation has a fifty-two week low of $86.62 and a fifty-two week high of $195.62.

NVIDIA (NASDAQ:NVDA - Get Free Report) last released its quarterly earnings results 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 company had revenue of $46.74 billion during the quarter, compared to the consensus estimate of $45.65 billion. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.NVIDIA's revenue was up 55.6% compared to the same quarter last year. During the same quarter last year, the business posted $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. On average, analysts anticipate that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Dividend Announcement

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

Insider Activity at NVIDIA

In other news, CEO Jen Hsun Huang sold 75,000 shares of NVIDIA stock in a transaction on Wednesday, October 15th. The stock was sold at an average price of $181.01, for a total value of $13,575,750.00. Following the completion of the sale, the chief executive officer owned 70,333,203 shares of the company's stock, valued at $12,731,013,075.03. The trade was a 0.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders sold a total of 3,828,937 shares of company stock valued at $680,708,026 over the last ninety days. 4.17% of the stock is owned by insiders.

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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