RVW Wealth LLC Has $3.73 Million Stock Position in NVIDIA Corporation $NVDA

Key Points

• RVW Wealth LLC raised its holdings in NVIDIA Corporation, increasing their position by 33.4% and now owns 34,378 shares valued at approximately $3.7 million.
• Several institutional investors significantly increased their stakes in NVIDIA, with GAMMA Investing LLC lifting holdings by an extraordinary 12,173.2% during the first quarter.
• Research analysts have set a consensus target price of $207.69 for NVIDIA, with 4 analysts rating it as a "Strong Buy" and 33 as a "Buy."

RVW Wealth LLC grew its stake in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 33.4% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 34,378 shares of the computer hardware maker's stock after buying an additional 8,606 shares during the quarter. RVW Wealth LLC's holdings in NVIDIA were worth $3,726,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. High Note Wealth LLC increased its stake in NVIDIA by 0.5% in the 1st quarter. High Note Wealth LLC now owns 17,873 shares of the computer hardware maker's stock worth $1,937,000 after buying an additional 91 shares during the period. Kelly Financial Services LLC grew 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 buying an additional 94 shares during the last quarter. Next Capital Management LLC boosted its stake in 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 in the last quarter. Mendel Capital Management LLC boosted its stake in 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 in the last quarter. Finally, Affiance Financial LLC boosted its stake in 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 in the last quarter. Hedge funds and other institutional investors own 65.27% of the company's stock.

Analyst Ratings Changes

Several brokerages have commented on NVDA. Benchmark lifted their price objective on shares of NVIDIA from $190.00 to $220.00 and gave the company a "buy" rating in a research note on Thursday. JPMorgan Chase & Co. upped their price objective on shares of NVIDIA from $170.00 to $215.00 and gave the company an "overweight" rating in a report on Thursday. Summit Insights raised shares of NVIDIA from a "hold" rating to a "buy" rating in a research report on Thursday, May 29th. Phillip Securities raised shares of NVIDIA from a "moderate buy" rating to a "strong-buy" rating in a report on Monday, July 14th. Finally, The Goldman Sachs Group reissued a "buy" rating and set a $200.00 price objective on shares of NVIDIA in a report on Wednesday. Four investment analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $207.69.

NVIDIA Stock Performance

NVDA traded down $5.99 during trading hours on Friday, hitting $174.18. 242,604,296 shares of the stock were exchanged, compared to its average volume of 168,293,824. NVIDIA Corporation has a 12 month low of $86.62 and a 12 month high of $184.48. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.21 and a quick ratio of 2.96. The stock has a 50-day simple moving average of $170.83 and a 200-day simple moving average of $139.08. The stock has a market cap of $4.23 trillion, a price-to-earnings ratio of 49.62, a price-to-earnings-growth ratio of 1.52 and a beta of 2.14.

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

NVIDIA Dividend Announcement

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

Insider Activity at NVIDIA

In other news, CEO Jen Hsun Huang sold 75,000 shares of the company's stock in a transaction 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 $13,095,196,926. This represents a 0.10% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Colette Kress sold 27,640 shares of the stock in a transaction dated 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 completion of the transaction, the chief financial officer directly 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 sold 5,862,440 shares of company stock valued at $896,145,782 over the last three months. Insiders own 4.17% of the company's stock.

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.