Vanguard Capital Wealth Advisors Has $7.95 Million Position in NVIDIA Corporation $NVDA

Key Points

• Vanguard Capital Wealth Advisors reduced its stake in NVIDIA by 4.4%, now holding 50,341 shares valued at approximately $7.95 million, making it the firm's second-largest investment.
• NVIDIA's recent earnings report showed a positive performance with an earnings per share (EPS) of $1.05, exceeding expectations, and a revenue of $46.74 billion for the quarter, reflecting a year-over-year increase of 55.6%.
• The company declared a quarterly dividend of $0.01, with the dividend yield remaining at 0.0%, while several analysts have issued new price targets, with estimates ranging from $215.00 to $245.00 per share.

Vanguard Capital Wealth Advisors lowered its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 4.4% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 50,341 shares of the computer hardware maker's stock after selling 2,335 shares during the quarter. NVIDIA accounts for 7.9% of Vanguard Capital Wealth Advisors' portfolio, making the stock its 2nd biggest position. Vanguard Capital Wealth Advisors' holdings in NVIDIA were worth $7,953,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Pachira Investments Inc. grew its stake in NVIDIA by 1.0% in the second quarter. Pachira Investments Inc. now owns 6,450 shares of the computer hardware maker's stock worth $1,019,000 after purchasing an additional 63 shares during the period. HFG Wealth Management LLC grew its stake in NVIDIA by 3.4% in the second quarter. HFG Wealth Management LLC now owns 2,075 shares of the computer hardware maker's stock worth $328,000 after purchasing an additional 68 shares during the period. Burkett Financial Services LLC grew its stake in NVIDIA by 1.3% in the second quarter. Burkett Financial Services LLC now owns 5,450 shares of the computer hardware maker's stock worth $861,000 after purchasing an additional 70 shares during the period. Guided Capital Wealth Management LLC grew its stake in NVIDIA by 0.3% in the second quarter. Guided Capital Wealth Management LLC now owns 27,858 shares of the computer hardware maker's stock worth $4,401,000 after purchasing an additional 70 shares during the period. Finally, Luts & Greenleigh Group Inc. grew its stake in NVIDIA by 0.4% in the second quarter. Luts & Greenleigh Group Inc. now owns 19,894 shares of the computer hardware maker's stock worth $3,143,000 after purchasing an additional 76 shares during the period. Institutional investors own 65.27% of the company's stock.

NVIDIA Stock Up 2.1%

NASDAQ NVDA opened at $181.85 on Tuesday. 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 52 week low of $86.62 and a 52 week high of $184.55. The stock's 50-day moving average price is $176.81 and its 200-day moving average price is $146.62. The company has a market capitalization of $4.42 trillion, a P/E ratio of 51.81, a price-to-earnings-growth ratio of 1.29 and a beta of 2.10.

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

NVIDIA Announces Dividend

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

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the company. JPMorgan Chase & Co. reissued a "buy" rating and issued a $215.00 target price on shares of NVIDIA in a research note on Friday, September 19th. TD Cowen increased their target price on NVIDIA from $140.00 to $235.00 and gave the stock a "buy" rating in a research note on Tuesday, August 19th. Craig Hallum increased their target price on NVIDIA from $195.00 to $245.00 and gave the stock a "buy" rating in a research note on Thursday, August 28th. KeyCorp reissued an "overweight" rating and issued a $230.00 target price (up from $215.00) on shares of NVIDIA in a research note on Thursday, August 28th. Finally, Robert W. Baird increased their target price on NVIDIA from $195.00 to $225.00 and gave the stock an "outperform" rating in a research note on Monday, August 25th. Four analysts have rated the stock with a Strong Buy rating, thirty-six have given a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $210.21.

Insider Transactions at NVIDIA

In other news, Director Harvey C. Jones sold 250,000 shares of NVIDIA stock in a transaction that occurred 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 transaction, the director owned 7,183,280 shares in the company, valued at approximately $1,265,765,768.80. The trade was a 3.36% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Jen Hsun Huang sold 75,000 shares of the business's stock in a transaction on Friday, July 11th. The shares were sold at an average price of $166.00, for a total value of $12,450,000.00. Following the transaction, the chief executive officer owned 74,723,225 shares of the company's stock, valued at approximately $12,404,055,350. The trade was a 0.10% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 4,148,818 shares of company stock worth $720,112,070. 4.17% of the stock is currently owned by company 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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