NVIDIA Corporation $NVDA Shares Bought by Independent Investors Inc.

Independent Investors Inc. raised its holdings in NVIDIA Corporation (NASDAQ:NVDA) by 115.3% in the second quarter, Holdings Channel.com reports. The fund owned 38,465 shares of the computer hardware maker’s stock after buying an additional 20,600 shares during the quarter. NVIDIA makes up 1.3% of Independent Investors Inc.’s investment portfolio, making the stock its 15th largest position. Independent Investors Inc.’s holdings in NVIDIA were worth $6,077,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Astoria Portfolio Advisors LLC. increased its position in shares of NVIDIA by 0.9% in the first quarter. Astoria Portfolio Advisors LLC. now owns 93,568 shares of the computer hardware maker’s stock valued at $9,610,000 after buying an additional 864 shares in the last quarter. Centerpoint Advisory Group grew its holdings in NVIDIA by 2.5% in the 1st quarter. Centerpoint Advisory Group now owns 39,398 shares of the computer hardware maker’s stock valued at $4,270,000 after buying an additional 943 shares during the period. GSB Wealth Management LLC grew its holdings in NVIDIA by 3.3% in the 1st quarter. GSB Wealth Management LLC now owns 32,611 shares of the computer hardware maker’s stock valued at $3,534,000 after buying an additional 1,043 shares during the period. Variant Private Wealth LLC grew its holdings in NVIDIA by 20.6% in the 1st quarter. Variant Private Wealth LLC now owns 18,800 shares of the computer hardware maker’s stock valued at $2,038,000 after buying an additional 3,206 shares during the period. Finally, Financial Perspectives Inc grew its holdings in NVIDIA by 2.8% in the 1st quarter. Financial Perspectives Inc now owns 45,958 shares of the computer hardware maker’s stock valued at $4,981,000 after buying an additional 1,265 shares during the period. Hedge funds and other institutional investors own 65.27% of the company’s stock.

Insider Buying and Selling at NVIDIA

In other news, CEO Jen Hsun Huang sold 75,000 shares of the firm’s stock in a transaction dated Wednesday, October 15th. The stock was sold at an average price of $181.01, for a total transaction of $13,575,750.00. Following the completion of the sale, the chief executive officer directly 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Over the last three months, insiders sold 3,753,937 shares of company stock worth $667,769,026. 4.17% of the stock is owned by company insiders.

NVIDIA Trading Up 1.1%

Shares of NASDAQ NVDA opened at $181.81 on Friday. NVIDIA Corporation has a 12 month low of $86.62 and a 12 month high of $195.62. The company has a market cap of $4.42 trillion, a price-to-earnings ratio of 51.80, a P/E/G ratio of 1.30 and a beta of 2.12. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08. The business has a fifty day simple moving average of $179.39 and a 200-day simple moving average of $152.47.

NVIDIA (NASDAQ:NVDA) last announced its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.04. The firm had revenue of $46.74 billion during 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 business’s revenue for the quarter was up 55.6% on a year-over-year basis. During the same period in the prior year, the business earned $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. Sell-side analysts predict 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 paid a dividend of $0.01 per share. The ex-dividend date of this dividend was Thursday, September 11th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.0%. NVIDIA’s dividend payout ratio (DPR) is 1.14%.

Analyst Ratings Changes

Several equities analysts have recently weighed in on NVDA shares. Evercore ISI lifted their price objective on NVIDIA from $214.00 to $225.00 and gave the company an “outperform” rating in a research note on Tuesday, September 23rd. DA Davidson upgraded NVIDIA from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $195.00 to $210.00 in a report on Thursday, September 11th. TD Cowen lifted their price objective on NVIDIA from $140.00 to $235.00 and gave the stock a “buy” rating in a report on Tuesday, August 19th. The Goldman Sachs Group set a $210.00 price target on NVIDIA and gave the company a “buy” rating in a research report on Monday, October 6th. Finally, Wedbush restated an “outperform” rating and set a $210.00 price objective on shares of NVIDIA in a research note on Thursday, August 28th. Five research analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $222.23.

NVIDIA Company 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.