Tiller Private Wealth Inc. Purchases 3,417 Shares of NVIDIA Corporation $NVDA

Key Points

• Tiller Private Wealth Inc. increased its stake in NVIDIA Corporation by 30.1% in the first quarter, bringing its holdings to 14,779 shares valued at approximately $1,602,000.
• Institutional investors now own 65.27% of NVIDIA's stock, with significant boosts in holdings from firms like GAMMA Investing LLC and Northern Trust Corp in recent quarters.
• NVIDIA reported an earnings per share (EPS) of $1.05 for the quarter, exceeding analysts' expectations, and its revenue of $46.74 billion showed a year-over-year increase of 55.6%.

Tiller Private Wealth Inc. lifted its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 30.1% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 14,779 shares of the computer hardware maker's stock after acquiring an additional 3,417 shares during the period. NVIDIA accounts for approximately 0.7% of Tiller Private Wealth Inc.'s holdings, making the stock its 16th biggest position. Tiller Private Wealth Inc.'s holdings in NVIDIA were worth $1,602,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Astoria Portfolio Advisors LLC. raised its holdings in shares of NVIDIA by 0.9% in the 1st quarter. Astoria Portfolio Advisors LLC. now owns 93,568 shares of the computer hardware maker's stock worth $9,610,000 after purchasing an additional 864 shares in the last quarter. Centerpoint Advisory Group raised its holdings in shares of NVIDIA by 2.5% in the 1st quarter. Centerpoint Advisory Group now owns 39,398 shares of the computer hardware maker's stock worth $4,270,000 after purchasing an additional 943 shares in the last quarter. GSB Wealth Management LLC raised its holdings in shares of NVIDIA by 3.3% in the 1st quarter. GSB Wealth Management LLC now owns 32,611 shares of the computer hardware maker's stock worth $3,534,000 after purchasing an additional 1,043 shares in the last quarter. Variant Private Wealth LLC raised its holdings in shares of NVIDIA by 20.6% in the 1st quarter. Variant Private Wealth LLC now owns 18,800 shares of the computer hardware maker's stock worth $2,038,000 after purchasing an additional 3,206 shares in the last quarter. Finally, Financial Perspectives Inc raised its holdings in shares of NVIDIA by 2.8% in the 1st quarter. Financial Perspectives Inc now owns 45,958 shares of the computer hardware maker's stock worth $4,981,000 after purchasing an additional 1,265 shares in the last quarter. 65.27% of the stock is currently owned by institutional investors.

NVIDIA Stock Down 2.7%

NVIDIA stock traded down $4.64 during trading hours on Friday, hitting $167.02. The company had a trading volume of 223,875,375 shares, compared to its average volume of 167,410,624. The firm has a market capitalization of $4.06 trillion, a P/E ratio of 47.58, a price-to-earnings-growth ratio of 1.25 and a beta of 2.10. 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 firm's fifty day moving average is $172.73 and its 200-day moving average is $140.20. NVIDIA Corporation has a fifty-two week low of $86.62 and a fifty-two week high of $184.48.

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

NVIDIA Announces Dividend

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

Analyst Ratings Changes

NVDA has been the topic of a number of research reports. Piper Sandler set a $225.00 target price on shares of NVIDIA and gave the stock an "overweight" rating in a report on Wednesday, August 13th. Stifel Nicolaus boosted their price target on shares of NVIDIA from $202.00 to $212.00 and gave the company a "buy" rating in a report on Monday, August 25th. Arete Research upgraded shares of NVIDIA to a "strong-buy" rating in a report on Wednesday, May 21st. Robert W. Baird boosted their price target on shares of NVIDIA from $195.00 to $225.00 and gave the company an "outperform" rating in a report on Monday, August 25th. Finally, Morgan Stanley boosted their price target on shares of NVIDIA from $206.00 to $210.00 and gave the company an "overweight" rating in a report on Thursday, August 28th. Four analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, NVIDIA has an average rating of "Moderate Buy" and an average target price of $207.69.

Insider Activity at NVIDIA

In other NVIDIA news, Director Mark A. Stevens sold 608,248 shares of the business's stock in a transaction that occurred on Wednesday, June 18th. The shares were sold at an average price of $145.26, for a total value of $88,354,104.48. Following the completion of the sale, the director directly owned 8,247,600 shares of the company's stock, valued at $1,198,046,376. The trade was a 6.87% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Jen Hsun Huang sold 75,000 shares of the business's stock in a transaction that occurred on Wednesday, June 25th. The stock was sold at an average price of $152.54, for a total transaction of $11,440,500.00. Following the completion of the sale, the chief executive officer directly owned 75,548,225 shares of the company's stock, valued at $11,524,126,241.50. This represents a 0.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 4,872,755 shares of company stock worth $764,283,330 in the last 90 days. 4.17% of the stock is owned by corporate 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.