Ullmann Wealth Partners Group LLC Buys 3,852 Shares of NVIDIA Corporation $NVDA

Ullmann Wealth Partners Group LLC increased its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 16.6% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 27,092 shares of the computer hardware maker's stock after acquiring an additional 3,852 shares during the quarter. Ullmann Wealth Partners Group LLC's holdings in NVIDIA were worth $4,280,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the stock. Copia Wealth Management acquired a new stake in NVIDIA in the 4th quarter valued at $50,000. Kathleen S. Wright Associates Inc. boosted its holdings in NVIDIA by 169.3% during the 1st quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker's stock worth $44,000 after acquiring an additional 254 shares during the last quarter. Barnes Dennig Private Wealth Management LLC purchased a new position in NVIDIA during the 1st quarter worth $51,000. Bruce G. Allen Investments LLC boosted its holdings in NVIDIA by 198.2% during the 1st 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 during the last quarter. Finally, Campbell Capital Management Inc. boosted its holdings in NVIDIA by 5,900.0% during the 1st quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker's stock worth $65,000 after acquiring an additional 590 shares during the last quarter. Institutional investors own 65.27% of the company's stock.

NVIDIA Trading Up 2.1%

Shares of NVDA opened at $181.85 on Tuesday. The business's 50-day moving average price is $176.81 and its 200-day moving average price is $146.62. NVIDIA Corporation has a twelve month low of $86.62 and a twelve month high of $184.55. The stock has a market cap of $4.42 trillion, a PE ratio of 51.81, a P/E/G ratio of 1.29 and a beta of 2.10. 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 (NASDAQ:NVDA - Get Free Report) last posted its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share 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 net margin of 52.41% and a return on equity of 101.74%. NVIDIA's revenue for the quarter was up 55.6% compared to the same quarter last year. During the same period in the prior year, the business earned $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. On average, equities analysts forecast that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Dividend Announcement

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

Wall Street Analysts Forecast Growth

NVDA has been the topic of a number of analyst reports. KeyCorp reaffirmed an "overweight" rating and set a $230.00 price objective (up from $215.00) on shares of NVIDIA in a report on Thursday, August 28th. Jefferies Financial Group reaffirmed a "buy" rating and set a $220.00 price objective (up from $205.00) on shares of NVIDIA in a report on Monday. Truist Financial lifted their price objective on shares of NVIDIA from $210.00 to $228.00 and gave the stock a "buy" rating in a report on Thursday, August 28th. Wedbush reaffirmed an "outperform" rating and set a $210.00 price objective on shares of NVIDIA in a report on Thursday, August 28th. Finally, Stifel Nicolaus lifted their target price on NVIDIA from $202.00 to $212.00 and gave the stock a "buy" rating in a research note on Monday, August 25th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-six have given a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, NVIDIA has a consensus rating of "Moderate Buy" and a consensus price target of $210.21.

Insider Activity

In related news, Director Mark A. Stevens sold 350,000 shares of the firm's stock in a transaction 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 sale, the director owned 7,399,803 shares of the company's stock, valued at $1,305,251,251.17. This trade represents a 4.52% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Harvey C. Jones sold 250,000 shares of the firm's stock in a transaction on 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 completion of the sale, the director directly owned 7,183,280 shares of the company's stock, valued at $1,265,765,768.80. The trade was a 3.36% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 4,148,818 shares of company stock valued at $720,112,070. Corporate insiders own 4.17% of the company's stock.

NVIDIA 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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