Childress Capital Advisors LLC Raises Holdings in NVIDIA Corporation $NVDA

Childress Capital Advisors LLC lifted its stake in NVIDIA Corporation (NASDAQ:NVDA) by 8.3% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 93,856 shares of the computer hardware maker’s stock after purchasing an additional 7,173 shares during the quarter. NVIDIA comprises approximately 3.7% of Childress Capital Advisors LLC’s holdings, making the stock its 5th largest position. Childress Capital Advisors LLC’s holdings in NVIDIA were worth $14,828,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Kingstone Capital Partners Texas LLC lifted its position in NVIDIA by 267,959.7% in the 2nd 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 in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in NVIDIA by 2.9% in 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 acquiring an additional 5,896,735 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in NVIDIA by 123.5% in 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 acquiring an additional 103,889,872 shares in the last quarter. Nuveen LLC bought a new position in NVIDIA in the 1st quarter valued at approximately $15,089,414,000. Finally, Amundi lifted its holdings in shares of 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 buying an additional 18,733,431 shares during the period. 65.27% of the stock is owned by institutional investors.

NVIDIA Stock Up 1.1%

Shares of NASDAQ:NVDA opened at $181.81 on Friday. 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 Corporation has a 12 month low of $86.62 and a 12 month high of $195.62. The company has a 50-day moving average price of $179.39 and a 200 day moving average price of $152.47. The company has a market cap of $4.42 trillion, a price-to-earnings ratio of 51.80, a PEG ratio of 1.30 and a beta of 2.12.

NVIDIA (NASDAQ:NVDA) last announced its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, beating analysts’ consensus estimates of $1.01 by $0.04. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The firm had revenue of $46.74 billion during the quarter, compared to the consensus estimate of $45.65 billion. During the same quarter last year, the firm earned $0.68 EPS. The firm’s revenue for the quarter was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. As a group, equities research analysts predict that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 2nd. Shareholders of record on Thursday, September 11th were paid a $0.01 dividend. The ex-dividend date of this dividend was Thursday, September 11th. This represents a $0.04 annualized dividend and a yield of 0.0%. NVIDIA’s dividend payout ratio (DPR) is presently 1.14%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on NVDA. Robert W. Baird increased their price target on NVIDIA from $195.00 to $225.00 and gave the company an “outperform” rating in a report on Monday, August 25th. Evercore ISI increased their price target on NVIDIA from $214.00 to $225.00 and gave the stock an “outperform” rating in a research note on Tuesday, September 23rd. Oppenheimer reiterated an “outperform” rating and issued a $225.00 price target (up previously from $200.00) on shares of NVIDIA in a research note on Thursday, August 28th. Cantor Fitzgerald set a $300.00 price target on NVIDIA and gave the stock an “overweight” rating in a research note on Thursday, October 9th. Finally, BNP Paribas upgraded NVIDIA to a “hold” rating in a research note on Friday, August 1st. Five equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $222.23.

Insider Transactions at NVIDIA

In other NVIDIA news, CEO Jen Hsun Huang sold 75,000 shares of the firm’s stock in a transaction dated Wednesday, October 15th. The shares were sold at an average price of $181.01, for a total value of $13,575,750.00. Following the completion of the sale, the chief executive officer owned 70,333,203 shares of the company’s stock, valued at $12,731,013,075.03. This trade represents a 0.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders have sold a total of 3,753,937 shares of company stock valued at $667,769,026 over the last ninety days. 4.17% of the stock is owned by company insiders.

About NVIDIA

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.