WMG Financial Advisors LLC Grows Position in NVIDIA Corporation $NVDA

WMG Financial Advisors LLC increased its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 17.8% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 37,601 shares of the computer hardware maker's stock after purchasing an additional 5,687 shares during the period. NVIDIA makes up 1.7% of WMG Financial Advisors LLC's portfolio, making the stock its 11th largest holding. WMG Financial Advisors LLC's holdings in NVIDIA were worth $4,075,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in NVDA. Brighton Jones LLC raised its holdings in shares of NVIDIA by 12.4% in the 4th quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker's stock valued at $43,631,000 after purchasing an additional 35,815 shares in the last quarter. Bank Pictet & Cie Europe AG raised its stake in shares of NVIDIA by 1.0% during the 4th quarter. Bank Pictet & Cie Europe AG now owns 2,346,417 shares of the computer hardware maker's stock worth $315,100,000 after acquiring an additional 22,929 shares in the last quarter. Highview Capital Management LLC DE increased its stake in NVIDIA by 6.7% during the 4th quarter. Highview Capital Management LLC DE now owns 58,396 shares of the computer hardware maker's stock valued at $7,842,000 after purchasing an additional 3,653 shares in the last quarter. Hudson Value Partners LLC raised its holdings in shares of NVIDIA by 30.7% in the fourth quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker's stock worth $6,805,000 after buying an additional 11,900 shares during the last quarter. Finally, Madison Investment Advisors LLC acquired a new stake in NVIDIA during the 4th quarter worth about $3,188,000. 65.27% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on NVDA. Barclays upped their price objective on shares of NVIDIA from $170.00 to $200.00 and gave the company an "overweight" rating in a report on Tuesday, June 17th. Morgan Stanley reissued an "overweight" rating and set a $206.00 price target (up from $200.00) on shares of NVIDIA in a report on Monday. Piper Sandler set a $225.00 target price on shares of NVIDIA and gave the company an "overweight" rating in a research report on Wednesday, August 13th. Jefferies Financial Group increased their target price on shares of NVIDIA from $185.00 to $200.00 in a research report on Wednesday, July 16th. Finally, Benchmark reiterated a "buy" rating and issued a $190.00 target price on shares of NVIDIA in a research report on Thursday, May 29th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $189.28.

NVIDIA Stock Down 3.5%

NVDA stock opened at $175.64 on Wednesday. The company has a current ratio of 3.39, a quick ratio of 2.96 and a debt-to-equity ratio of 0.10. NVIDIA Corporation has a twelve month low of $86.62 and a twelve month high of $184.48. The company's 50 day moving average is $165.38 and its two-hundred day moving average is $136.23. The stock has a market cap of $4.29 trillion, a P/E ratio of 56.66, a PEG ratio of 1.60 and a beta of 2.14.

NVIDIA (NASDAQ:NVDA - Get Free Report) last released its quarterly earnings data on Wednesday, May 28th. The computer hardware maker reported $0.81 earnings per share for the quarter, missing analysts' consensus estimates of $0.87 by ($0.06). The company had revenue of $44.06 billion for the quarter, compared to analyst estimates of $43.09 billion. NVIDIA had a return on equity of 105.09% and a net margin of 51.69%.The firm's revenue for the quarter was up 69.2% compared to the same quarter last year. During the same period in the previous year, the business posted $0.61 EPS. NVIDIA has set its Q2 2026 guidance at EPS. Research analysts expect that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 3rd. Investors of record on Wednesday, June 11th were paid a dividend of $0.01 per share. The ex-dividend date was Wednesday, June 11th. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. NVIDIA's dividend payout ratio is currently 1.29%.

Insiders Place Their Bets

In other NVIDIA news, CEO Jen Hsun Huang sold 75,000 shares of the business's stock in a transaction on Friday, August 15th. The shares were sold at an average price of $179.76, for a total value of $13,482,000.00. Following the transaction, the chief executive officer directly owned 72,848,225 shares of the company's stock, valued at approximately $13,095,196,926. The trade was a 0.10% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Colette Kress sold 27,640 shares of the company's stock in a transaction on Monday, August 4th. The stock was sold at an average price of $178.06, for a total transaction of $4,921,578.40. Following the transaction, the chief financial officer owned 2,956,876 shares of the company's stock, valued at approximately $526,501,340.56. The trade was a 0.93% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 5,912,440 shares of company stock valued at $902,886,782. 4.17% of the stock is 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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