Surience Private Wealth LLC Boosts Holdings in NVIDIA Corporation $NVDA

Key Points

• Surience Private Wealth LLC increased its position in NVIDIA Corporation by 93.8%, now holding 26,305 shares valued at approximately $4.16 million, making it the firm's 7th largest holding.
• Several other institutional investors also increased their stakes, with Kathleen S. Wright Associates Inc. raising its position by 169.3% and Campbell Capital Management Inc. by a staggering 5,900.0%.
• NVIDIA announced a quarterly dividend of $0.01 per share, with a payout ratio of 1.14%, reflecting ongoing investor confidence amid notable trading activity from insiders.

Surience Private Wealth LLC increased its position in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 93.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 26,305 shares of the computer hardware maker's stock after purchasing an additional 12,731 shares during the quarter. NVIDIA makes up 3.9% of Surience Private Wealth LLC's portfolio, making the stock its 7th largest holding. Surience Private Wealth LLC's holdings in NVIDIA were worth $4,156,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Kathleen S. Wright Associates Inc. increased its position in NVIDIA by 169.3% in the first quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker's stock worth $44,000 after purchasing an additional 254 shares during the period. Westend Capital Management LLC boosted its position in shares of NVIDIA by 46.8% during the second quarter. Westend Capital Management LLC now owns 455 shares of the computer hardware maker's stock worth $72,000 after purchasing an additional 145 shares in the last quarter. Barnes Dennig Private Wealth Management LLC acquired a new position in NVIDIA in the first quarter valued at about $51,000. Bruce G. Allen Investments LLC increased its position 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 worth $53,000 after acquiring an additional 327 shares in the last quarter. Finally, Campbell Capital Management Inc. raised its position in 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 last quarter. 65.27% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

NVDA has been the topic of a number of research analyst reports. Evercore ISI upped their target price on shares of NVIDIA from $214.00 to $225.00 and gave the company an "outperform" rating in a report on Tuesday, September 23rd. Phillip Securities raised NVIDIA from a "moderate buy" rating to a "strong-buy" rating in a report on Monday, July 14th. Citigroup restated a "buy" rating and set a $210.00 target price (up from $200.00) on shares of NVIDIA in a research note on Tuesday, September 30th. Truist Financial raised their price target on shares of NVIDIA from $210.00 to $228.00 and gave the company a "buy" rating in a research note on Thursday, August 28th. Finally, KeyCorp reaffirmed an "overweight" rating and issued a $250.00 target price (up previously from $230.00) on shares of NVIDIA in a report on Tuesday, September 30th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, NVIDIA currently has an average rating of "Moderate Buy" and an average price target of $211.00.

Insider Buying and Selling

In other news, Director Mark A. Stevens sold 350,000 shares of the firm's stock in a transaction that occurred on Friday, September 19th. The stock was sold at an average price of $176.39, for a total value of $61,736,500.00. Following the completion of the transaction, the director owned 7,399,803 shares in the company, valued at $1,305,251,251.17. This trade represents a 4.52% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Jen Hsun Huang sold 75,000 shares of the business's stock in a transaction dated Wednesday, July 16th. The stock was sold at an average price of $170.59, for a total transaction of $12,794,250.00. Following the sale, the chief executive officer directly owned 74,498,225 shares in the company, valued at $12,708,652,202.75. The trade was a 0.10% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 3,971,893 shares of company stock valued at $694,502,352 over the last three months. Corporate insiders own 4.17% of the company's stock.

NVIDIA Stock Performance

NASDAQ:NVDA opened at $187.62 on Monday. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08. NVIDIA Corporation has a twelve month low of $86.62 and a twelve month high of $191.05. The stock has a market cap of $4.56 trillion, a P/E ratio of 53.45, a PEG ratio of 1.36 and a beta of 2.12. The business's 50-day moving average price is $178.11 and its two-hundred day moving average price is $148.57.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced 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 firm 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 revenue was up 55.6% on a year-over-year basis. During the same period in the prior year, the company earned $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. As a group, equities analysts predict that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Announces Dividend

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

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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