NVIDIA Corporation $NVDA Position Increased by Creative Financial Designs Inc. ADV

Creative Financial Designs Inc. ADV increased its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA) by 3.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 57,093 shares of the computer hardware maker’s stock after acquiring an additional 2,130 shares during the quarter. Creative Financial Designs Inc. ADV’s holdings in NVIDIA were worth $9,020,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of NVDA. Harbor Asset Planning Inc. acquired a new position in shares of NVIDIA during the second quarter valued at $28,000. Kathleen S. Wright Associates Inc. lifted its position in NVIDIA by 169.3% in the 1st quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker’s stock valued at $44,000 after purchasing an additional 254 shares during the last quarter. Legend Financial Advisors Inc. acquired a new position in NVIDIA during the 2nd quarter valued at about $55,000. Campbell Capital Management Inc. boosted its stake in NVIDIA by 5,900.0% during the 1st quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker’s stock valued at $65,000 after purchasing an additional 590 shares during the period. Finally, Westend Capital Management LLC grew its position in NVIDIA by 46.8% in the 2nd quarter. Westend Capital Management LLC now owns 455 shares of the computer hardware maker’s stock worth $72,000 after purchasing an additional 145 shares during the last quarter. 65.27% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

NVDA has been the topic of several recent analyst reports. DZ Bank reaffirmed a “buy” rating on shares of NVIDIA in a research note on Thursday, November 20th. Truist Financial raised their price target on NVIDIA from $228.00 to $255.00 and gave the company a “buy” rating in a report on Thursday, November 20th. KeyCorp upped their price objective on shares of NVIDIA from $250.00 to $275.00 and gave the stock an “overweight” rating in a report on Thursday, November 20th. Wells Fargo & Company reiterated an “overweight” rating and issued a $265.00 target price (up previously from $220.00) on shares of NVIDIA in a research report on Friday, November 14th. Finally, Citigroup boosted their price target on shares of NVIDIA from $220.00 to $270.00 and gave the stock a “buy” rating in a research report on Thursday, November 20th. Five equities research analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $258.19.

NVIDIA Stock Up 1.4%

NASDAQ:NVDA opened at $180.26 on Friday. The business’s fifty day moving average price is $186.90 and its 200 day moving average price is $169.81. The firm has a market capitalization of $4.38 trillion, a price-to-earnings ratio of 51.36, a PEG ratio of 1.49 and a beta of 2.11. 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 1-year low of $86.62 and a 1-year high of $212.19.

NVIDIA (NASDAQ:NVDA) last issued its earnings results on Wednesday, November 19th. The computer hardware maker reported $1.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.23 by $0.07. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The company had revenue of $57.01 billion during the quarter, compared to analyst estimates of $54.66 billion. During the same quarter last year, the business posted $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. 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 will be paid on Friday, December 26th. Investors of record on Thursday, December 4th will be issued a $0.01 dividend. This represents a $0.04 annualized dividend and a yield of 0.0%. The ex-dividend date is Thursday, December 4th. NVIDIA’s payout ratio is 0.99%.

Insiders Place Their Bets

In related news, CEO Jen Hsun Huang sold 25,000 shares of the stock in a transaction that occurred on Wednesday, October 29th. The stock was sold at an average price of $207.91, for a total transaction of $5,197,750.00. Following the completion of the sale, the chief executive officer owned 69,733,203 shares in the company, valued at $14,498,230,235.73. This represents a 0.04% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Colette Kress sold 27,640 shares of the stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $208.33, for a total value of $5,758,241.20. Following the completion of the sale, the chief financial officer directly owned 2,828,122 shares of the company’s stock, valued at $589,182,656.26. This represents a 0.97% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 3,177,203 shares of company stock valued at $570,171,004 over the last 90 days. 4.17% of the stock is currently 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.