Strathmore Capital Advisors Inc. Invests $1.29 Million in NVIDIA Corporation $NVDA

Key Points

• Strathmore Capital Advisors Inc. has invested approximately $1.29 million in NVIDIA Corporation, acquiring 7,904 shares during the second quarter, making it the 25th largest holding in their portfolio.
• NVIDIA's latest quarterly earnings report showed an EPS of $1.05, which surpassed the consensus estimate by $0.04, alongside a revenue increase of 55.6% compared to the previous year.
• Institutional investors own 65.27% of NVIDIA's stock, with several hedge funds significantly increasing their stakes, including a notable boost from Goldman Sachs Group Inc..

Strathmore Capital Advisors Inc. bought a new position in NVIDIA Corporation (NASDAQ:NVDA - Free Report) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 7,904 shares of the computer hardware maker's stock, valued at approximately $1,287,000. NVIDIA comprises 0.6% of Strathmore Capital Advisors Inc.'s portfolio, making the stock its 25th largest holding.

A number of other hedge funds have also added to or reduced their stakes in NVDA. Nuveen LLC bought a new position in NVIDIA during the 1st quarter valued at $15,089,414,000. Goldman Sachs Group Inc. lifted its position in shares of NVIDIA by 123.5% during the first quarter. Goldman Sachs Group Inc. now owns 187,995,213 shares of the computer hardware maker's stock valued at $20,374,921,000 after purchasing an additional 103,889,872 shares in the last quarter. GAMMA Investing LLC lifted its position in shares of NVIDIA by 12,173.2% during the first quarter. GAMMA Investing LLC now owns 48,837,781 shares of the computer hardware maker's stock valued at $5,293,039,000 after purchasing an additional 48,439,859 shares in the last quarter. Assenagon Asset Management S.A. boosted its holdings in NVIDIA by 204.6% during the first quarter. Assenagon Asset Management S.A. now owns 35,652,571 shares of the computer hardware maker's stock worth $3,864,026,000 after purchasing an additional 23,948,733 shares during the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in NVIDIA in the 4th quarter worth about $2,987,733,000. Institutional investors and hedge funds own 65.27% of the company's stock.

NVIDIA Trading Up 0.4%

Shares of NVDA opened at $177.69 on Friday. NVIDIA Corporation has a fifty-two week low of $86.62 and a fifty-two week high of $184.55. The business has a 50-day moving average of $176.48 and a 200 day moving average of $145.30. The firm has a market cap of $4.32 trillion, a P/E ratio of 50.62, a price-to-earnings-growth ratio of 1.28 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.

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

NVIDIA Announces Dividend

The firm also recently disclosed 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. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. The ex-dividend date is Thursday, September 11th. NVIDIA's payout ratio is currently 1.14%.

Analyst Upgrades and Downgrades

NVDA has been the topic of a number of research analyst reports. New Street Research boosted their target price on NVIDIA from $200.00 to $235.00 and gave the stock a "buy" rating in a research note on Friday, September 12th. Wolfe Research boosted their price objective on NVIDIA from $220.00 to $230.00 in a research report on Tuesday. BNP Paribas upgraded NVIDIA to a "hold" rating in a research note on Friday, August 1st. Evercore ISI lifted their target price on NVIDIA from $214.00 to $225.00 and gave the stock an "outperform" rating in a research note on Tuesday. Finally, TD Cowen increased their price target on shares of NVIDIA from $140.00 to $235.00 and gave the company a "buy" rating in a research report on Tuesday, August 19th. Four research analysts have rated the stock with a Strong Buy rating, thirty-six have issued a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $209.82.

Insider Buying and Selling at NVIDIA

In other news, Director Persis Drell sold 40,000 shares of NVIDIA stock in a transaction on Friday, September 19th. The stock was sold at an average price of $177.65, for a total value of $7,106,000.00. Following the completion of the transaction, the director directly owned 138,740 shares in the company, valued at approximately $24,647,161. The trade was a 22.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Harvey C. Jones sold 250,000 shares of the stock in a transaction dated Thursday, September 18th. The stock was sold at an average price of $176.21, for a total value of $44,052,500.00. Following the sale, the director directly owned 7,183,280 shares in the company, valued at $1,265,765,768.80. This trade represents a 3.36% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 4,176,470 shares of company stock worth $720,979,162. Company insiders own 4.17% of the company's stock.

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.

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