NVIDIA Corporation $NVDA is Yukon Wealth Management Inc.’s 2nd Largest Position

Yukon Wealth Management Inc. boosted its stake in shares of NVIDIA Corporation (NASDAQ:NVDA) by 1.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 148,562 shares of the computer hardware maker’s stock after purchasing an additional 2,582 shares during the period. NVIDIA comprises 8.4% of Yukon Wealth Management Inc.’s portfolio, making the stock its 2nd largest holding. Yukon Wealth Management Inc.’s holdings in NVIDIA were worth $23,471,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Kingstone Capital Partners Texas LLC lifted its holdings in NVIDIA by 267,959.7% in the second quarter. Kingstone Capital Partners Texas LLC now owns 382,373,765 shares of the computer hardware maker’s stock valued at $64,976,521,000 after acquiring an additional 382,231,120 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of NVIDIA by 2.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 206,794,926 shares of the computer hardware maker’s stock valued at $22,412,434,000 after purchasing an additional 5,896,735 shares during the period. Goldman Sachs Group Inc. increased its position in shares of NVIDIA by 123.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 187,995,213 shares of the computer hardware maker’s stock valued at $20,374,921,000 after purchasing an additional 103,889,872 shares during the last quarter. Nuveen LLC purchased a new stake in shares of NVIDIA during the 1st quarter valued at about $15,089,414,000. Finally, Amundi lifted its stake in shares of NVIDIA by 16.0% in the 1st quarter. Amundi now owns 135,770,043 shares of the computer hardware maker’s stock worth $13,826,199,000 after purchasing an additional 18,733,431 shares during the period. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

NVIDIA Trading Down 1.0%

Shares of NVIDIA stock opened at $178.88 on Friday. NVIDIA Corporation has a fifty-two week low of $86.62 and a fifty-two week high of $212.19. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.60 and a current ratio of 4.21. The company has a market capitalization of $4.35 trillion, a P/E ratio of 50.96, a P/E/G ratio of 1.49 and a beta of 2.11. The company has a fifty day moving average of $186.46 and a 200 day moving average of $168.41.

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

NVIDIA Dividend Announcement

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

Insider Transactions at NVIDIA

In other NVIDIA news, Director Mark A. Stevens sold 350,000 shares of NVIDIA stock in a transaction on Friday, September 19th. The shares were sold at an average price of $176.39, for a total value 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 sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Jen Hsun Huang sold 75,000 shares of the stock in a transaction dated Wednesday, September 10th. The shares were sold at an average price of $177.57, for a total transaction of $13,317,750.00. Following the transaction, the chief executive officer directly owned 72,248,366 shares of the company’s stock, valued at $12,829,142,350.62. This trade represents a 0.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 3,251,577 shares of company stock valued at $583,143,187. 4.17% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

NVDA has been the subject of several recent research reports. Seaport Global Securities boosted their target price on shares of NVIDIA from $100.00 to $140.00 and gave the company a “sell” rating in a research report on Monday, November 17th. New Street Research reissued a “buy” rating and set a $307.00 price objective on shares of NVIDIA in a research report on Thursday, October 30th. Needham & Company LLC restated a “buy” rating and issued a $240.00 price objective on shares of NVIDIA in a research note on Thursday. Jefferies Financial Group reiterated a “buy” rating and set a $250.00 target price (up from $240.00) on shares of NVIDIA in a research report on Thursday. Finally, TD Cowen boosted their price target on NVIDIA from $140.00 to $235.00 and gave the company a “buy” rating in a report on Tuesday, August 19th. Four research analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, NVIDIA has a consensus rating of “Buy” and a consensus price target of $257.79.

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.