SC&H Financial Advisors Inc. Has $1.45 Million Holdings in NVIDIA Corporation $NVDA

Key Points

• SC&H Financial Advisors Inc. increased its holdings in NVIDIA Corporation by 51.1%, amassing shares worth approximately $1.45 million after acquiring over 3,100 additional shares in the second quarter.
• Insider trading activity included CEO Jen Hsun Huang selling 75,000 shares for around $14.27 million, while CFO Colette Kress sold 30,500 shares valued at approximately $5.38 million.
• Wall Street analysts have a positive outlook on NVIDIA, with price targets being raised and a consensus rating of "Moderate Buy", forecasting an average target price of approximately $212.84.

SC&H Financial Advisors Inc. boosted its stake in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 51.1% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 9,193 shares of the computer hardware maker's stock after buying an additional 3,108 shares during the period. SC&H Financial Advisors Inc.'s holdings in NVIDIA were worth $1,452,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Pachira Investments Inc. lifted its holdings in shares of NVIDIA by 1.0% during the second quarter. Pachira Investments Inc. now owns 6,450 shares of the computer hardware maker's stock worth $1,019,000 after buying an additional 63 shares during the last quarter. HFG Wealth Management LLC lifted its holdings in shares of NVIDIA by 3.4% during the second quarter. HFG Wealth Management LLC now owns 2,075 shares of the computer hardware maker's stock worth $328,000 after buying an additional 68 shares during the last quarter. Hidden Cove Wealth Management LLC lifted its holdings in shares of NVIDIA by 0.3% during the second quarter. Hidden Cove Wealth Management LLC now owns 23,778 shares of the computer hardware maker's stock worth $3,757,000 after buying an additional 69 shares during the last quarter. Burkett Financial Services LLC lifted its holdings in shares of NVIDIA by 1.3% during the second quarter. Burkett Financial Services LLC now owns 5,450 shares of the computer hardware maker's stock worth $861,000 after buying an additional 70 shares during the last quarter. Finally, Guided Capital Wealth Management LLC lifted its holdings in shares of NVIDIA by 0.3% during the second quarter. Guided Capital Wealth Management LLC now owns 27,858 shares of the computer hardware maker's stock worth $4,401,000 after buying an additional 70 shares during the last quarter. Institutional investors and hedge funds own 65.27% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. Bank of America upped their price target on NVIDIA from $220.00 to $235.00 and gave the stock a "buy" rating in a report on Thursday, August 28th. Robert W. Baird upped their price target on NVIDIA from $195.00 to $225.00 and gave the stock an "outperform" rating in a report on Monday, August 25th. Wedbush reiterated an "outperform" rating and set a $210.00 price target on shares of NVIDIA in a report on Thursday, August 28th. Piper Sandler set a $225.00 target price on NVIDIA and gave the company an "overweight" rating in a research note on Wednesday, August 13th. Finally, Rosenblatt Securities restated a "buy" rating and issued a $215.00 target price on shares of NVIDIA in a research note on Tuesday, September 23rd. Four analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $212.84.

Insider Buying and Selling at NVIDIA

In other news, CEO Jen Hsun Huang sold 75,000 shares of the stock in a transaction on Friday, October 10th. The stock was sold at an average price of $190.20, for a total transaction of $14,265,000.00. Following the sale, the chief executive officer owned 70,558,203 shares in the company, valued at approximately $13,420,170,210.60. This represents 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 accessible through this link. Also, CFO Colette Kress sold 30,500 shares of the stock in a transaction on Friday, September 19th. The stock was sold at an average price of $176.40, for a total value of $5,380,200.00. Following the sale, the chief financial officer owned 2,883,402 shares in the company, valued at $508,632,112.80. The trade was a 1.05% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 3,925,379 shares of company stock worth $694,277,421 in the last 90 days. Company insiders own 4.17% of the company's stock.

NVIDIA Stock Performance

NVIDIA stock opened at $183.16 on Friday. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.21 and a quick ratio of 3.60. The stock has a fifty day moving average price of $179.16 and a two-hundred day moving average price of $150.49. NVIDIA Corporation has a 52-week low of $86.62 and a 52-week high of $195.62. The firm has a market capitalization of $4.45 trillion, a P/E ratio of 52.18, a P/E/G ratio of 1.39 and a beta of 2.12.

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

NVIDIA Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th were 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 was Thursday, September 11th. NVIDIA's dividend payout ratio is presently 1.14%.

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.

Want to see what other hedge funds are holding NVDA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NVIDIA Corporation (NASDAQ:NVDA - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.