NVIDIA Corporation $NVDA Stake Lifted by Panoramic Capital Partners LLC

Panoramic Capital Partners LLC grew its holdings in NVIDIA Corporation (NASDAQ:NVDA) by 70.3% during the second quarter, HoldingsChannel reports. The fund owned 25,119 shares of the computer hardware maker’s stock after purchasing an additional 10,369 shares during the period. NVIDIA accounts for about 2.8% of Panoramic Capital Partners LLC’s investment portfolio, making the stock its 9th biggest holding. Panoramic Capital Partners LLC’s holdings in NVIDIA were worth $4,002,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the business. Pachira Investments Inc. raised its stake in shares of NVIDIA by 1.0% during the 2nd quarter. Pachira Investments Inc. now owns 6,450 shares of the computer hardware maker’s stock worth $1,019,000 after buying an additional 63 shares in the last quarter. HFG Wealth Management LLC increased its stake in NVIDIA by 3.4% in the 2nd quarter. HFG Wealth Management LLC now owns 2,075 shares of the computer hardware maker’s stock valued at $328,000 after purchasing an additional 68 shares in the last quarter. Hidden Cove Wealth Management LLC increased its stake in NVIDIA by 0.3% in the 2nd quarter. Hidden Cove Wealth Management LLC now owns 23,778 shares of the computer hardware maker’s stock valued at $3,757,000 after purchasing an additional 69 shares in the last quarter. Summit Financial Strategies Inc. increased its stake in NVIDIA by 0.6% in the 2nd quarter. Summit Financial Strategies Inc. now owns 11,637 shares of the computer hardware maker’s stock valued at $1,839,000 after purchasing an additional 69 shares in the last quarter. Finally, Burkett Financial Services LLC increased its position in NVIDIA by 1.3% during the second quarter. Burkett Financial Services LLC now owns 5,450 shares of the computer hardware maker’s stock worth $861,000 after buying an additional 70 shares in the last quarter. Hedge funds and other institutional investors own 65.27% of the company’s stock.

Analyst Upgrades and Downgrades

NVDA has been the subject of several recent research reports. Bank of America raised their price target on NVIDIA from $220.00 to $235.00 and gave the stock a “buy” rating in a research report on Thursday, August 28th. JPMorgan Chase & Co. restated a “buy” rating and set a $215.00 price objective on shares of NVIDIA in a report on Friday, September 19th. Hsbc Global Res upgraded NVIDIA from a “hold” rating to a “strong-buy” rating in a report on Wednesday. Evercore ISI lifted their target price on NVIDIA from $214.00 to $225.00 and gave the company an “outperform” rating in a report on Tuesday, September 23rd. Finally, Jefferies Financial Group restated a “buy” rating and set a $220.00 price objective (up previously from $205.00) on shares of NVIDIA in a research note on Monday, September 29th. Five equities 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 given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $222.23.

NVIDIA Stock Up 1.1%

Shares of NVIDIA stock opened at $181.81 on Friday. 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 firm has a market cap of $4.42 trillion, a P/E ratio of 51.80, a P/E/G ratio of 1.30 and a beta of 2.12. NVIDIA Corporation has a fifty-two week low of $86.62 and a fifty-two week high of $195.62. The business has a 50-day moving average price of $179.39 and a 200 day moving average price 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 for the quarter, beating the consensus estimate of $1.01 by $0.04. The firm had revenue of $46.74 billion during the quarter, compared to analyst estimates of $45.65 billion. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.NVIDIA’s quarterly revenue was up 55.6% on a year-over-year basis. During the same period in the previous year, the company earned $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. On average, sell-side analysts forecast that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th were issued a dividend of $0.01 per share. 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 dividend payout ratio is 1.14%.

Insider Transactions at NVIDIA

In other news, Director Harvey C. Jones sold 250,000 shares of the business’s stock in a transaction that occurred 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 approximately $1,265,765,768.80. The trade was a 3.36% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Jen Hsun Huang sold 75,000 shares of the business’s stock in a transaction that occurred on Monday, August 4th. The stock was sold at an average price of $178.16, for a total value of $13,362,000.00. Following the transaction, the chief executive officer owned 73,523,225 shares of the company’s stock, valued at approximately $13,098,897,766. This represents a 0.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 3,753,937 shares of company stock worth $667,769,026. Company insiders own 4.17% of the company’s stock.

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.