SilverOak Wealth Management LLC grew its holdings in NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 54.4% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 14,476 shares of the computer hardware maker’s stock after purchasing an additional 5,101 shares during the quarter. NVIDIA comprises about 0.4% of SilverOak Wealth Management LLC’s investment portfolio, making the stock its 28th largest position. SilverOak Wealth Management LLC’s holdings in NVIDIA were worth $2,287,000 at the end of the most recent quarter.
Other large investors also recently made changes to their positions in the company. Harbor Asset Planning Inc. bought a new stake in NVIDIA during the 2nd quarter worth about $28,000. Kathleen S. Wright Associates Inc. lifted its position in shares of NVIDIA by 169.3% during the first quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker’s stock worth $44,000 after purchasing an additional 254 shares in the last quarter. Barnes Dennig Private Wealth Management LLC bought a new stake in shares of NVIDIA during the first quarter valued at approximately $51,000. Legend Financial Advisors Inc. acquired a new stake in shares of NVIDIA in the second quarter valued at approximately $55,000. Finally, Campbell Capital Management Inc. increased its holdings in shares of NVIDIA by 5,900.0% in the first quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker’s stock valued at $65,000 after purchasing an additional 590 shares in the last quarter. Institutional investors own 65.27% of the company’s stock.
Insiders Place Their Bets
In related news, CEO Jen Hsun Huang sold 25,000 shares of the firm’s stock in a transaction on Wednesday, October 29th. The stock was sold at an average price of $207.91, for a total transaction of $5,197,750.00. Following the sale, the chief executive officer 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 SEC, which can be accessed through this link. Also, CFO Colette Kress sold 27,640 shares of NVIDIA stock in a transaction dated 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. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 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.
NVIDIA Price Performance
NVIDIA (NASDAQ:NVDA – Get Free Report) last released its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.04. The business had revenue of $46.74 billion for the quarter, compared to analyst estimates of $45.65 billion. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. NVIDIA’s quarterly revenue was up 55.6% compared to the same quarter last year. During the same quarter last year, the firm earned $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. On average, equities analysts anticipate that NVIDIA Corporation will post 2.77 EPS for the current year.
NVIDIA Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th were issued a $0.01 dividend. The ex-dividend date of this dividend was Thursday, September 11th. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. NVIDIA’s payout ratio is 1.14%.
Analyst Ratings Changes
A number of brokerages have commented on NVDA. Wall Street Zen upgraded NVIDIA from a “hold” rating to a “buy” rating in a research report on Sunday, October 19th. Seaport Global Securities reiterated a “sell” rating on shares of NVIDIA in a report on Wednesday, October 29th. Bank of America lifted their price objective on NVIDIA from $235.00 to $275.00 and gave the stock a “buy” rating in a research report on Wednesday, October 29th. Rosenblatt Securities boosted their price objective on NVIDIA from $215.00 to $240.00 and gave the stock a “buy” rating in a report on Monday, November 3rd. Finally, Daiwa Capital Markets raised their target price on shares of NVIDIA from $165.00 to $205.00 and gave the company an “outperform” rating in a research note on Wednesday, September 17th. Five research analysts have rated the stock with a Strong Buy rating, forty-one have given a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $233.75.
Check Out Our Latest Stock Report on NVDA
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.
Featured Stories
- Five stocks we like better than NVIDIA
- What Are Treasury Bonds?
- 3 Big Earnings Misses: Is It Time to Buy the Dip?
- What is the MACD Indicator and How to Use it in Your Trading
- Is Robinhood’s 11% Post-Earnings Fall a Buy-the-Dip Opportunity?
- Why Are These Companies Considered Blue Chips?
- AI Demand Is Coming—Is Microchip Technology Ready?
Want to see what other hedge funds are holding NVDA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NVIDIA Corporation (NASDAQ:NVDA – Free Report).
Receive News & Ratings for NVIDIA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NVIDIA and related companies with MarketBeat.com's FREE daily email newsletter.
