Heirloom Wealth Management Has $30.47 Million Position in NVIDIA Corporation $NVDA

Heirloom Wealth Management increased its position in shares of NVIDIA Corporation (NASDAQ:NVDA) by 0.6% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 192,885 shares of the computer hardware maker’s stock after acquiring an additional 1,121 shares during the period. NVIDIA comprises about 8.0% of Heirloom Wealth Management’s portfolio, making the stock its 3rd biggest position. Heirloom Wealth Management’s holdings in NVIDIA were worth $30,474,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of NVDA. Cabot Wealth Management Inc. grew its holdings in shares of NVIDIA by 23.4% during the second quarter. Cabot Wealth Management Inc. now owns 55,232 shares of the computer hardware maker’s stock worth $8,726,000 after purchasing an additional 10,479 shares during the last quarter. Brighton Jones LLC raised its holdings in NVIDIA by 14.4% in the 2nd quarter. Brighton Jones LLC now owns 440,295 shares of the computer hardware maker’s stock valued at $69,562,000 after buying an additional 55,394 shares during the last quarter. Waldron Private Wealth LLC boosted its position in NVIDIA by 0.3% during the 2nd quarter. Waldron Private Wealth LLC now owns 43,896 shares of the computer hardware maker’s stock worth $6,936,000 after buying an additional 150 shares during the period. AF Advisors Inc. increased its position in NVIDIA by 10.3% in the 2nd quarter. AF Advisors Inc. now owns 5,858 shares of the computer hardware maker’s stock valued at $926,000 after acquiring an additional 548 shares during the period. Finally, Stegent Equity Advisors Inc. bought a new position in shares of NVIDIA during the second quarter valued at $286,000. 65.27% of the stock is currently owned by institutional investors.

NVIDIA Stock Performance

Shares of NVDA stock opened at $178.88 on Friday. The firm has a 50 day moving average of $186.46 and a 200-day moving average of $168.03. The company has a market cap of $4.35 trillion, a price-to-earnings ratio of 50.96, a price-to-earnings-growth ratio of 1.49 and a beta of 2.11. 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 $212.19.

NVIDIA (NASDAQ:NVDA) last released its earnings results on Wednesday, November 19th. The computer hardware maker reported $1.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.23 by $0.07. The company had revenue of $57.01 billion for the quarter, compared to the consensus estimate of $54.66 billion. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. NVIDIA’s quarterly revenue was up 62.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.81 EPS. NVIDIA has set its Q4 2026 guidance at EPS. On average, equities analysts forecast that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, December 26th. Stockholders of record on Thursday, December 4th will be paid a $0.01 dividend. The ex-dividend date is Thursday, December 4th. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. NVIDIA’s dividend payout ratio (DPR) is currently 0.99%.

Insider Transactions at NVIDIA

In other NVIDIA news, CFO Colette Kress sold 27,640 shares of the stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $208.33, for a total value of $5,758,241.20. Following the transaction, the chief financial officer owned 2,828,122 shares in the company, valued at approximately $589,182,656.26. This represents a 0.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Jen Hsun Huang sold 25,000 shares of the firm’s stock in a transaction that occurred on Wednesday, October 29th. The shares were sold at an average price of $207.91, for a total value of $5,197,750.00. Following the completion of the sale, the chief executive officer directly owned 69,733,203 shares of the company’s stock, valued at $14,498,230,235.73. This trade represents a 0.04% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 3,251,577 shares of company stock valued at $583,143,187 over the last ninety days. 4.17% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

NVDA has been the topic of several analyst reports. Cantor Fitzgerald reissued an “overweight” rating and issued a $300.00 price objective on shares of NVIDIA in a research note on Thursday. Piper Sandler set a $225.00 price target on NVIDIA and gave the company an “overweight” rating in a research note on Wednesday, August 13th. Wells Fargo & Company restated an “overweight” rating and set a $265.00 price objective (up from $220.00) on shares of NVIDIA in a research report on Friday, November 14th. UBS Group reiterated a “buy” rating and issued a $235.00 target price on shares of NVIDIA in a report on Thursday. Finally, DZ Bank reissued a “buy” rating on shares of NVIDIA in a research report on Thursday. Four equities research analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of $257.79.

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.