NVIDIA Corporation $NVDA Shares Bought by Koss Olinger Consulting LLC

Koss Olinger Consulting LLC boosted its position in shares of NVIDIA Corporation (NASDAQ:NVDA) by 2.9% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 124,574 shares of the computer hardware maker’s stock after buying an additional 3,543 shares during the period. NVIDIA comprises 1.6% of Koss Olinger Consulting LLC’s portfolio, making the stock its 17th biggest holding. Koss Olinger Consulting LLC’s holdings in NVIDIA were worth $19,681,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Kingstone Capital Partners Texas LLC boosted its stake in NVIDIA by 267,959.7% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 382,373,765 shares of the computer hardware maker’s stock worth $64,976,521,000 after purchasing an additional 382,231,120 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of NVIDIA by 2.9% in the first 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 worth $22,412,434,000 after buying an additional 5,896,735 shares in the last quarter. Goldman Sachs Group Inc. boosted its position in NVIDIA by 123.5% during the first quarter. Goldman Sachs Group Inc. now owns 187,995,213 shares of the computer hardware maker’s stock worth $20,374,921,000 after acquiring an additional 103,889,872 shares during the last quarter. Nuveen LLC acquired a new position in NVIDIA during the first quarter worth about $15,089,414,000. Finally, Amundi grew its stake in NVIDIA by 16.0% during the 1st quarter. Amundi now owns 135,770,043 shares of the computer hardware maker’s stock valued at $13,826,199,000 after acquiring an additional 18,733,431 shares in the last quarter. Hedge funds and other institutional investors own 65.27% of the company’s stock.

NVIDIA Stock Down 1.0%

Shares of NVDA opened at $178.88 on Friday. The company’s 50-day moving average price is $186.46 and its 200 day moving average price is $168.41. NVIDIA Corporation has a 12-month low of $86.62 and a 12-month high of $212.19. 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 firm has a market cap of $4.35 trillion, a P/E ratio of 50.96, a price-to-earnings-growth ratio of 1.49 and a beta of 2.11.

NVIDIA (NASDAQ:NVDA) last announced its quarterly earnings results 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. The business had revenue of $57.01 billion during the quarter, compared to analysts’ expectations of $54.66 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 62.5% on a year-over-year basis. During the same period last year, the business earned $0.81 earnings per share. NVIDIA has set its Q4 2026 guidance at EPS. On average, sell-side analysts forecast that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Dividend Announcement

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

Insiders Place Their Bets

In other news, Director Harvey C. Jones sold 250,000 shares of the firm’s stock in a transaction on Thursday, September 18th. The stock was sold at an average price of $176.21, for a total transaction of $44,052,500.00. Following the completion of the transaction, the director directly owned 7,183,280 shares in the company, valued at $1,265,765,768.80. This trade represents a 3.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Jen Hsun Huang sold 75,000 shares of the business’s stock in a transaction on Wednesday, September 10th. The shares were sold at an average price of $177.57, for a total value of $13,317,750.00. Following the completion of the sale, the chief executive officer owned 72,248,366 shares in the company, valued at $12,829,142,350.62. This represents a 0.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 3,251,577 shares of company stock worth $583,143,187 over the last ninety days. Corporate insiders own 4.17% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently weighed in on NVDA shares. New Street Research restated a “buy” rating and set a $307.00 target price on shares of NVIDIA in a report on Thursday, October 30th. Raymond James Financial set a $272.00 price objective on NVIDIA and gave the stock a “strong-buy” rating in a research note on Thursday. Truist Financial raised their target price on NVIDIA from $228.00 to $255.00 and gave the stock a “buy” rating in a research note on Thursday. Jefferies Financial Group reissued a “buy” rating and set a $250.00 price target (up previously from $240.00) on shares of NVIDIA in a research report on Thursday. Finally, DA Davidson reissued a “buy” rating and issued a $250.00 price objective on shares of NVIDIA in a report on Thursday. Four investment analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Buy” and a consensus target price 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.