Magnolia Capital Advisors LLC Boosts Stock Holdings in NVIDIA Corporation $NVDA

Magnolia Capital Advisors LLC raised its holdings in NVIDIA Corporation (NASDAQ:NVDA) by 15.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 26,629 shares of the computer hardware maker’s stock after purchasing an additional 3,649 shares during the quarter. NVIDIA accounts for about 1.1% of Magnolia Capital Advisors LLC’s holdings, making the stock its 24th biggest position. Magnolia Capital Advisors LLC’s holdings in NVIDIA were worth $4,207,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in NVDA. Morton Brown Family Wealth LLC grew its holdings in NVIDIA by 1.5% during the second quarter. Morton Brown Family Wealth LLC now owns 3,928 shares of the computer hardware maker’s stock worth $621,000 after acquiring an additional 58 shares during the period. Roof Eidam Maycock Peralta LLC boosted its position in shares of NVIDIA by 0.3% during the 2nd quarter. Roof Eidam Maycock Peralta LLC now owns 20,903 shares of the computer hardware maker’s stock worth $3,302,000 after purchasing an additional 58 shares in the last quarter. Alpha Wealth Funds LLC boosted its position in shares of NVIDIA by 1.3% during the 2nd quarter. Alpha Wealth Funds LLC now owns 4,634 shares of the computer hardware maker’s stock worth $732,000 after purchasing an additional 59 shares in the last quarter. Copia Wealth Management grew its stake in shares of NVIDIA by 14.7% during the 2nd quarter. Copia Wealth Management now owns 468 shares of the computer hardware maker’s stock worth $74,000 after purchasing an additional 60 shares during the period. Finally, BKM Wealth Management LLC increased its holdings in shares of NVIDIA by 1.1% in the 2nd quarter. BKM Wealth Management LLC now owns 5,745 shares of the computer hardware maker’s stock valued at $908,000 after purchasing an additional 60 shares in the last quarter. Institutional investors and hedge funds own 65.27% of the company’s stock.

NVIDIA Price Performance

NASDAQ:NVDA opened at $179.92 on Tuesday. NVIDIA Corporation has a 12-month low of $86.62 and a 12-month high of $212.19. The firm has a market cap of $4.37 trillion, a price-to-earnings ratio of 51.26, a price-to-earnings-growth ratio of 1.49 and a beta of 2.11. The company’s 50-day moving average is $186.82 and its two-hundred day moving average is $171.03. The company has a current ratio of 4.21, a quick ratio of 3.60 and a debt-to-equity ratio of 0.08.

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

NVIDIA Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 26th. Shareholders of record on Thursday, December 4th will be paid a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.0%. The ex-dividend date of this dividend is Thursday, December 4th. NVIDIA’s dividend payout ratio is currently 0.99%.

Insider Transactions at NVIDIA

In other NVIDIA news, CEO Jen Hsun Huang sold 25,000 shares of the firm’s stock in a transaction dated Wednesday, October 29th. The stock was sold at an average price of $207.91, for a total value of $5,197,750.00. Following the sale, the chief executive officer directly owned 69,733,203 shares of the company’s stock, valued at approximately $14,498,230,235.73. This trade represents a 0.04% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director John Dabiri sold 626 shares of NVIDIA stock in a transaction dated Monday, November 24th. The shares were sold at an average price of $179.42, for a total value of $112,316.92. Following the completion of the sale, the director owned 17,792 shares of the company’s stock, valued at $3,192,240.64. This trade represents a 3.40% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 3,030,203 shares of company stock worth $545,161,894 over the last quarter. 4.17% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on NVDA shares. New Street Research reissued a “buy” rating and set a $307.00 price objective on shares of NVIDIA in a report on Thursday, October 30th. HSBC set a $320.00 price target on NVIDIA and gave the stock a “buy” rating in a report on Wednesday, October 15th. Wells Fargo & Company reaffirmed an “overweight” rating and set a $265.00 price objective (up from $220.00) on shares of NVIDIA in a report on Friday, November 14th. Mizuho upped their target price on NVIDIA from $235.00 to $245.00 and gave the company an “outperform” rating in a report on Thursday, November 20th. Finally, KeyCorp raised their price target on NVIDIA from $250.00 to $275.00 and gave the company an “overweight” rating in a research report on Thursday, November 20th. Five analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $258.65.

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.