Nicholson Wealth Management Group LLC Increases Stock Holdings in NVIDIA Corporation $NVDA

Nicholson Wealth Management Group LLC raised its position in shares of NVIDIA Corporation (NASDAQ:NVDAFree Report) by 65.2% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 3,411 shares of the computer hardware maker’s stock after purchasing an additional 1,346 shares during the quarter. Nicholson Wealth Management Group LLC’s holdings in NVIDIA were worth $539,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the business. Carmel Capital Partners LLC grew its position in shares of NVIDIA by 17.7% during the 2nd quarter. Carmel Capital Partners LLC now owns 12,527 shares of the computer hardware maker’s stock valued at $1,979,000 after acquiring an additional 1,888 shares during the period. Arista Wealth Management LLC grew its holdings in NVIDIA by 2,506.5% during the second quarter. Arista Wealth Management LLC now owns 64,223 shares of the computer hardware maker’s stock valued at $10,147,000 after purchasing an additional 61,759 shares during the period. Stratos Wealth Partners LTD. increased its position in NVIDIA by 17.9% in the second quarter. Stratos Wealth Partners LTD. now owns 1,309,696 shares of the computer hardware maker’s stock worth $206,919,000 after buying an additional 199,041 shares in the last quarter. AssuredPartners Investment Advisors LLC raised its stake in shares of NVIDIA by 39.0% in the second quarter. AssuredPartners Investment Advisors LLC now owns 60,166 shares of the computer hardware maker’s stock worth $9,506,000 after buying an additional 16,886 shares during the period. Finally, Primoris Wealth Advisors LLC lifted its position in shares of NVIDIA by 7.6% during the 2nd quarter. Primoris Wealth Advisors LLC now owns 25,576 shares of the computer hardware maker’s stock valued at $4,041,000 after buying an additional 1,803 shares in the last quarter. Institutional investors own 65.27% of the company’s stock.

NVIDIA Stock Up 5.8%

NVDA opened at $199.05 on Tuesday. The company has a market capitalization of $4.84 trillion, a PE ratio of 56.71, a price-to-earnings-growth ratio of 1.49 and a beta of 2.11. The firm has a 50-day simple moving average of $183.93 and a two-hundred day simple moving average of $164.05. 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:NVDAGet Free Report) last posted its 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 company had revenue of $46.74 billion for the quarter, compared to the consensus estimate of $45.65 billion. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The firm’s revenue for the quarter was up 55.6% on a year-over-year basis. During the same period in the previous year, the business earned $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. Analysts forecast that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th were given 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 was Thursday, September 11th. NVIDIA’s dividend payout ratio is currently 1.14%.

Insider Activity at NVIDIA

In related news, CEO Jen Hsun Huang sold 75,000 shares of the business’s stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $169.65, for a total value of $12,723,750.00. Following the sale, the chief executive officer owned 72,698,366 shares in the company, valued at approximately $12,333,277,791.90. The trade was a 0.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Mark A. Stevens sold 350,000 shares of the company’s stock in a transaction on Friday, September 19th. The shares were sold at an average price of $176.39, for a total transaction of $61,736,500.00. Following the sale, the director directly owned 7,399,803 shares in the company, valued at approximately $1,305,251,251.17. The trade was a 4.52% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 3,401,577 shares of company stock valued at $610,228,687. 4.17% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

NVDA has been the subject of several analyst reports. Loop Capital increased their target price on shares of NVIDIA from $250.00 to $350.00 and gave the stock a “buy” rating in a report on Monday, November 3rd. Jefferies Financial Group increased their price objective on shares of NVIDIA from $220.00 to $240.00 and gave the stock a “buy” rating in a research note on Tuesday, November 4th. Phillip Securities upgraded shares of NVIDIA from a “moderate buy” rating to a “strong-buy” rating in a research note on Monday, July 14th. New Street Research reaffirmed a “buy” rating and issued a $307.00 target price on shares of NVIDIA in a report on Thursday, October 30th. Finally, Hsbc Global Res raised NVIDIA from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 15th. Five equities research analysts have rated the stock with a Strong Buy rating, forty have given a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Buy” and an average target price of $234.00.

Get Our Latest Research Report on NVDA

NVIDIA Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for NVIDIA (NASDAQ:NVDA)

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