Pacific Point Advisors LLC Has $1.11 Million Holdings in NVIDIA Corporation $NVDA

Pacific Point Advisors LLC lifted its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA) by 75.0% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 7,000 shares of the computer hardware maker’s stock after purchasing an additional 3,000 shares during the period. Pacific Point Advisors LLC’s holdings in NVIDIA were worth $1,106,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of NVDA. Kathleen S. Wright Associates Inc. lifted its holdings 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 during the period. Barnes Dennig Private Wealth Management LLC acquired a new position in shares of NVIDIA during the first quarter worth $51,000. Bruce G. Allen Investments LLC lifted its holdings in shares of NVIDIA by 198.2% during the first quarter. Bruce G. Allen Investments LLC now owns 492 shares of the computer hardware maker’s stock worth $53,000 after purchasing an additional 327 shares during the period. Legend Financial Advisors Inc. acquired a new position in shares of NVIDIA during the second quarter worth $55,000. Finally, Campbell Capital Management Inc. raised its stake in NVIDIA by 5,900.0% during the first quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker’s stock worth $65,000 after buying an additional 590 shares during the last quarter. Institutional investors and hedge funds own 65.27% of the company’s stock.

NVIDIA Price Performance

Shares of NASDAQ NVDA opened at $181.81 on Friday. The firm’s 50-day moving average price is $179.39 and its 200-day moving average price is $152.47. NVIDIA Corporation has a 1-year low of $86.62 and a 1-year high of $195.62. The firm has a market capitalization 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. 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 (NASDAQ:NVDA) last posted its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, topping the consensus estimate of $1.01 by $0.04. The company had revenue of $46.74 billion during the quarter, compared to the consensus estimate of $45.65 billion. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The firm’s revenue for the quarter was up 55.6% on a year-over-year basis. During the same period in the previous year, the firm posted $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. Equities research analysts anticipate that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th were given 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 payout ratio is presently 1.14%.

Wall Street Analyst Weigh In

NVDA has been the subject of a number of analyst reports. Stifel Nicolaus lifted their target price on shares of NVIDIA from $202.00 to $212.00 and gave the stock a “buy” rating in a research note on Monday, August 25th. TD Cowen lifted their target price on shares of NVIDIA from $140.00 to $235.00 and gave the stock a “buy” rating in a research note on Tuesday, August 19th. DA Davidson raised shares of NVIDIA from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $195.00 to $210.00 in a research note on Thursday, September 11th. Piper Sandler set a $225.00 target price on shares of NVIDIA and gave the stock an “overweight” rating in a research note on Wednesday, August 13th. Finally, KeyCorp reaffirmed an “overweight” rating and issued a $250.00 price target (up from $230.00) on shares of NVIDIA in a research note on Tuesday, September 30th. Five 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.com, the stock currently has an average rating of “Buy” and a consensus price target of $222.23.

Insider Activity at NVIDIA

In other news, CEO Jen Hsun Huang sold 75,000 shares of the business’s stock in a transaction dated Wednesday, October 15th. The shares were 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. The trade was a 0.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders have sold 3,753,937 shares of company stock worth $667,769,026 over the last ninety days. Insiders own 4.17% of the company’s stock.

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.