WBI Investments LLC Raises Holdings in NVIDIA Corporation $NVDA

WBI Investments LLC increased its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 393.4% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 21,568 shares of the computer hardware maker's stock after purchasing an additional 17,197 shares during the quarter. WBI Investments LLC's holdings in NVIDIA were worth $2,338,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in the company. Indiana Trust & Investment Management Co increased its position in shares of NVIDIA by 0.7% during the first quarter. Indiana Trust & Investment Management Co now owns 191,267 shares of the computer hardware maker's stock worth $20,730,000 after purchasing an additional 1,380 shares in the last quarter. MBL Wealth LLC increased its position in shares of NVIDIA by 9.3% during the first quarter. MBL Wealth LLC now owns 77,420 shares of the computer hardware maker's stock worth $8,391,000 after purchasing an additional 6,561 shares in the last quarter. McAdam LLC increased its position in shares of NVIDIA by 2.9% during the first quarter. McAdam LLC now owns 93,613 shares of the computer hardware maker's stock worth $10,146,000 after purchasing an additional 2,615 shares in the last quarter. Acadian Asset Management LLC increased its position in shares of NVIDIA by 4.0% during the first quarter. Acadian Asset Management LLC now owns 9,349,552 shares of the computer hardware maker's stock worth $1,013,271,000 after purchasing an additional 356,686 shares in the last quarter. Finally, Geneos Wealth Management Inc. increased its position in shares of NVIDIA by 6.2% during the first quarter. Geneos Wealth Management Inc. now owns 236,801 shares of the computer hardware maker's stock worth $25,665,000 after purchasing an additional 13,859 shares in the last quarter. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

NVIDIA Price Performance

NVDA opened at $177.82 on Monday. The stock's 50-day moving average price is $174.42 and its 200 day moving average price is $141.80. NVIDIA Corporation has a 12-month low of $86.62 and a 12-month high of $184.48. The company has a current ratio of 4.21, a quick ratio of 3.60 and a debt-to-equity ratio of 0.08. The firm has a market cap of $4.32 trillion, a price-to-earnings ratio of 50.66, a PEG ratio of 1.29 and a beta of 2.10.

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 (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.04. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The firm had revenue of $46.74 billion for the quarter, compared to analyst estimates of $45.65 billion. During the same quarter in the prior year, the company earned $0.68 EPS. NVIDIA's revenue was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. As a group, sell-side analysts expect that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Dividend Announcement

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

Wall Street Analyst Weigh In

Several analysts have issued reports on NVDA shares. Jefferies Financial Group upped their target price on NVIDIA from $200.00 to $205.00 and gave the company a "buy" rating in a report on Thursday, August 28th. DA Davidson upgraded NVIDIA from a "neutral" rating to a "buy" rating and upped their target price for the company from $195.00 to $210.00 in a report on Thursday. Rosenblatt Securities upped their target price on NVIDIA from $200.00 to $215.00 and gave the company a "buy" rating in a report on Thursday, August 28th. Needham & Company LLC restated a "buy" rating and issued a $200.00 target price on shares of NVIDIA in a report on Thursday, August 28th. Finally, Summit Insights upgraded NVIDIA from a "hold" rating to a "buy" rating in a report on Thursday, May 29th. Four research analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, NVIDIA has a consensus rating of "Moderate Buy" and an average price target of $207.83.

Insider Buying and Selling

In other NVIDIA news, Director Mark A. Stevens sold 608,248 shares of the stock in a transaction dated Wednesday, June 18th. The stock was sold at an average price of $145.26, for a total value of $88,354,104.48. Following the sale, the director owned 8,247,600 shares of the company's stock, valued at $1,198,046,376. This trade represents a 6.87% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Jen Hsun Huang sold 75,000 shares of the stock in a transaction dated Wednesday, June 25th. The shares were sold at an average price of $152.54, for a total value of $11,440,500.00. Following the completion of the sale, the chief executive officer directly owned 75,548,225 shares in the company, valued at $11,524,126,241.50. This represents a 0.10% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 3,907,755 shares of company stock valued at $633,253,430. 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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