Three Bridge Wealth Advisors LLC Purchases 15,151 Shares of NVIDIA Corporation $NVDA

Key Points

• Three Bridge Wealth Advisors LLC increased its position in NVIDIA by 67.5% during Q2, reaching a total of 37,581 shares valued at approximately $5.9 million.
• Numerous hedge funds have significantly augmented their stakes in NVIDIA, with notable increases by Kathleen S. Wright Associates Inc. and Campbell Capital Management Inc. in the first quarter.
• Analysts generally hold a positive view on NVIDIA, with a consensus rating of "Buy" and an average price target of $222.23.

Three Bridge Wealth Advisors LLC grew its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 67.5% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 37,581 shares of the computer hardware maker's stock after buying an additional 15,151 shares during the quarter. NVIDIA accounts for approximately 1.6% of Three Bridge Wealth Advisors LLC's investment portfolio, making the stock its 17th biggest holding. Three Bridge Wealth Advisors LLC's holdings in NVIDIA were worth $5,938,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of NVDA. Kathleen S. Wright Associates Inc. grew its stake in 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 purchasing an additional 254 shares during the period. Barnes Dennig Private Wealth Management LLC purchased a new position in shares of NVIDIA in the 1st quarter worth about $51,000. Legend Financial Advisors Inc. purchased a new position in shares of NVIDIA in the 2nd quarter worth about $55,000. Campbell Capital Management Inc. increased its holdings in NVIDIA by 5,900.0% during the first quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker's stock worth $65,000 after buying an additional 590 shares during the last quarter. Finally, Luken Investment Analytics LLC raised its position in NVIDIA by 107.0% in the first quarter. Luken Investment Analytics LLC now owns 621 shares of the computer hardware maker's stock worth $67,000 after acquiring an additional 321 shares during the period. Hedge funds and other institutional investors own 65.27% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the stock. DA Davidson raised shares of NVIDIA from a "neutral" rating to a "buy" rating and increased their target price for the company from $195.00 to $210.00 in a research report on Thursday, September 11th. Wolfe Research increased their price objective on NVIDIA from $220.00 to $230.00 in a report on Tuesday, September 23rd. Wedbush reissued an "outperform" rating and issued a $210.00 target price on shares of NVIDIA in a research report on Thursday, August 28th. Barclays reaffirmed an "overweight" rating and set a $240.00 price target (up previously from $200.00) on shares of NVIDIA in a research report on Monday, September 22nd. Finally, Oppenheimer reiterated an "outperform" rating and set a $225.00 price target (up previously from $200.00) on shares of NVIDIA in a research note on Thursday, August 28th. Five equities research analysts have rated the stock with a Strong Buy rating, forty have issued a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of "Buy" and an average price target of $222.23.

NVIDIA Stock Performance

NASDAQ:NVDA opened at $182.16 on Friday. The business's fifty day moving average is $179.35 and its 200 day moving average is $155.20. The firm has a market cap of $4.43 trillion, a price-to-earnings ratio of 51.90, a PEG ratio of 1.30 and a beta of 2.12. 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 Corporation has a 52-week low of $86.62 and a 52-week high of $195.62.

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

NVIDIA Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, October 2nd. Investors of record on Thursday, September 11th were issued 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 dividend payout ratio is 1.14%.

Insider Buying and Selling

In other news, CEO Jen Hsun Huang sold 75,000 shares of the company's stock in a transaction on Wednesday, October 22nd. The shares were sold at an average price of $179.91, for a total value of $13,493,250.00. Following the transaction, the chief executive officer owned 69,958,203 shares of the company's stock, valued at approximately $12,586,180,301.73. This represents a 0.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Colette Kress sold 27,640 shares of the stock in a transaction on Tuesday, October 21st. The stock was sold at an average price of $181.42, for a total value of $5,014,448.80. Following the completion of the sale, the chief financial officer owned 2,855,762 shares in the company, valued at $518,092,342.04. This trade represents a 0.96% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 3,801,577 shares of company stock worth $678,643,875 in the last ninety days. 4.17% of the stock is currently owned by insiders.

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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