Atlatl Advisers LLC lifted its holdings in NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 19.8% during the second quarter, Holdings Channel reports. The institutional investor owned 16,572 shares of the computer hardware maker’s stock after purchasing an additional 2,740 shares during the quarter. NVIDIA comprises 1.2% of Atlatl Advisers LLC’s investment portfolio, making the stock its 17th biggest holding. Atlatl Advisers LLC’s holdings in NVIDIA were worth $2,618,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other large investors have also recently bought and sold shares of NVDA. Morton Brown Family Wealth LLC increased its holdings in shares of NVIDIA by 1.5% in the 2nd quarter. Morton Brown Family Wealth LLC now owns 3,928 shares of the computer hardware maker’s stock valued at $621,000 after purchasing an additional 58 shares in the last quarter. Roof Eidam Maycock Peralta LLC grew its position in NVIDIA by 0.3% during the second quarter. Roof Eidam Maycock Peralta LLC now owns 20,903 shares of the computer hardware maker’s stock worth $3,302,000 after buying an additional 58 shares during the period. Alpha Wealth Funds LLC increased its holdings in NVIDIA by 1.3% in the second quarter. Alpha Wealth Funds LLC now owns 4,634 shares of the computer hardware maker’s stock valued at $732,000 after buying an additional 59 shares in the last quarter. Copia Wealth Management increased its holdings in NVIDIA by 14.7% in the second quarter. Copia Wealth Management now owns 468 shares of the computer hardware maker’s stock valued at $74,000 after buying an additional 60 shares in the last quarter. Finally, BKM Wealth Management LLC lifted its position in shares of NVIDIA by 1.1% during the 2nd quarter. BKM Wealth Management LLC now owns 5,745 shares of the computer hardware maker’s stock valued at $908,000 after acquiring an additional 60 shares during the period. Hedge funds and other institutional investors own 65.27% of the company’s stock.
Analyst Ratings Changes
A number of research firms recently weighed in on NVDA. HSBC set a $320.00 price target on NVIDIA and gave the stock a “buy” rating in a report on Wednesday, October 15th. The Goldman Sachs Group reiterated a “buy” rating and set a $240.00 target price (up from $210.00) on shares of NVIDIA in a research report on Friday, October 31st. Wells Fargo & Company reissued an “overweight” rating and issued a $265.00 target price (up previously from $220.00) on shares of NVIDIA in a report on Friday, November 14th. Morgan Stanley lifted their price target on NVIDIA from $220.00 to $235.00 and gave the stock an “overweight” rating in a research note on Thursday. Finally, BNP Paribas Exane boosted their price objective on shares of NVIDIA from $240.00 to $250.00 and gave the stock an “outperform” rating in a research report on Tuesday. Four investment analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $257.79.
NVIDIA Stock Performance
Shares of NASDAQ:NVDA opened at $178.88 on Friday. The business has a 50-day moving average of $186.46 and a two-hundred day moving average of $168.03. The firm has a market capitalization of $4.35 trillion, a PE ratio of 50.96, a P/E/G ratio of 1.49 and a beta of 2.11. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.21 and a quick ratio of 3.60. NVIDIA Corporation has a 12 month low of $86.62 and a 12 month high of $212.19.
NVIDIA (NASDAQ:NVDA – Get Free Report) last issued its earnings results on Wednesday, November 19th. The computer hardware maker reported $1.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.23 by $0.07. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The business had revenue of $57.01 billion during the quarter, compared to analysts’ expectations of $54.66 billion. During the same quarter in the previous year, the business earned $0.81 EPS. The company’s revenue for the quarter was up 62.5% on a year-over-year basis. NVIDIA has set its Q4 2026 guidance at EPS. As a group, research analysts forecast that NVIDIA Corporation will post 2.77 earnings per share for the current year.
NVIDIA Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 26th. Stockholders of record on Thursday, December 4th will be given a $0.01 dividend. The ex-dividend date of this dividend is Thursday, December 4th. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. NVIDIA’s dividend payout ratio is presently 0.99%.
Insider Activity
In related news, CEO Jen Hsun Huang sold 75,000 shares of NVIDIA stock in a transaction on Wednesday, September 10th. The shares were sold at an average price of $177.57, for a total transaction of $13,317,750.00. Following the transaction, the chief executive officer owned 72,248,366 shares in the company, valued at approximately $12,829,142,350.62. The trade was a 0.10% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Mark A. Stevens sold 350,000 shares of the company’s stock in a transaction on Friday, September 19th. The stock was sold at an average price of $176.39, for a total transaction of $61,736,500.00. Following the sale, the director directly owned 7,399,803 shares of the company’s stock, valued at approximately $1,305,251,251.17. This trade represents a 4.52% 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 have sold 3,251,577 shares of company stock valued at $583,143,187. 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.
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