XY Planning Network Inc. Buys 3,100 Shares of NVIDIA Corporation $NVDA

XY Planning Network Inc. increased its stake in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 25.0% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 15,505 shares of the computer hardware maker's stock after acquiring an additional 3,100 shares during the quarter. XY Planning Network Inc.'s holdings in NVIDIA were worth $2,450,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. RBA Wealth Management LLC raised its stake in NVIDIA by 3.8% during the second quarter. RBA Wealth Management LLC now owns 3,551 shares of the computer hardware maker's stock valued at $561,000 after purchasing an additional 131 shares in the last quarter. Virginia Wealth Management Group Inc. purchased a new stake in NVIDIA during the second quarter valued at $316,000. KWB Wealth raised its stake in NVIDIA by 0.9% during the second quarter. KWB Wealth now owns 8,587 shares of the computer hardware maker's stock valued at $1,357,000 after purchasing an additional 80 shares in the last quarter. Charles Schwab Trust Co raised its stake in NVIDIA by 24.3% during the second quarter. Charles Schwab Trust Co now owns 21,535 shares of the computer hardware maker's stock valued at $3,402,000 after purchasing an additional 4,213 shares in the last quarter. Finally, SC&H Financial Advisors Inc. raised its stake in NVIDIA by 51.1% during the second quarter. SC&H Financial Advisors Inc. now owns 9,193 shares of the computer hardware maker's stock valued at $1,452,000 after purchasing an additional 3,108 shares in the last quarter. Institutional investors own 65.27% of the company's stock.

Insider Buying and Selling at NVIDIA

In other NVIDIA news, Director Harvey C. Jones sold 250,000 shares of the firm's stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $176.21, for a total transaction of $44,052,500.00. Following the transaction, the director owned 7,183,280 shares of the company's stock, valued at approximately $1,265,765,768.80. This trade represents a 3.36% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Jen Hsun Huang sold 75,000 shares of the firm's stock in a transaction dated Wednesday, July 30th. The shares were sold at an average price of $178.74, for a total transaction of $13,405,500.00. Following the completion of the sale, the chief executive officer owned 73,748,225 shares in the company, valued at $13,181,757,736.50. This represents a 0.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 3,925,379 shares of company stock valued at $694,277,421. Company insiders own 4.17% of the company's stock.

NVIDIA Trading Down 4.9%

NASDAQ NVDA opened at $183.16 on Friday. The company's 50-day moving average price is $179.16 and its 200-day moving average price is $150.75. 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 stock has a market cap of $4.45 trillion, a PE ratio of 52.18, a PEG ratio of 1.32 and a beta of 2.12. NVIDIA Corporation has a 12 month low of $86.62 and a 12 month high of $195.62.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, topping analysts' consensus estimates of $1.01 by $0.04. The firm 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%. The business's revenue for the quarter was up 55.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. Equities research analysts forecast that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 2nd. Shareholders of record on Thursday, September 11th were given a dividend of $0.01 per share. The ex-dividend date of this dividend was Thursday, September 11th. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. NVIDIA's dividend payout ratio (DPR) is 1.14%.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the stock. Craig Hallum upped their price target on shares of NVIDIA from $195.00 to $245.00 and gave the company a "buy" rating in a research note on Thursday, August 28th. BNP Paribas raised shares of NVIDIA to a "hold" rating in a research note on Friday, August 1st. Wolfe Research upped their price target on shares of NVIDIA from $220.00 to $230.00 in a research note on Tuesday, September 23rd. Oppenheimer reissued an "outperform" rating and issued a $225.00 target price (up previously from $200.00) on shares of NVIDIA in a research note on Thursday, August 28th. Finally, Daiwa Capital Markets increased their target price on shares of NVIDIA from $165.00 to $205.00 and gave the company an "outperform" rating in a research note on Wednesday, September 17th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating, four have issued a Hold rating and one has assigned 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 $212.84.

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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