Frederick Financial Consultants LLC Buys 970 Shares of NVIDIA Corporation $NVDA

Frederick Financial Consultants LLC lifted its position in NVIDIA Corporation (NASDAQ:NVDA) by 4.9% during the second quarter, HoldingsChannel reports. The institutional investor owned 20,676 shares of the computer hardware maker’s stock after purchasing an additional 970 shares during the period. NVIDIA comprises approximately 2.0% of Frederick Financial Consultants LLC’s holdings, making the stock its 15th biggest holding. Frederick Financial Consultants LLC’s holdings in NVIDIA were worth $3,267,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of NVDA. Harbor Asset Planning Inc. bought a new position in shares of NVIDIA in the second quarter worth $28,000. Kathleen S. Wright Associates Inc. grew its position in 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 buying an additional 254 shares in the last quarter. Legend Financial Advisors Inc. bought a new position in NVIDIA in the 2nd quarter worth about $55,000. Campbell Capital Management Inc. increased its stake in NVIDIA by 5,900.0% in the 1st quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker’s stock worth $65,000 after acquiring an additional 590 shares during the last quarter. Finally, Westend Capital Management LLC raised its holdings in shares of NVIDIA by 46.8% in the 2nd quarter. Westend Capital Management LLC now owns 455 shares of the computer hardware maker’s stock valued at $72,000 after acquiring an additional 145 shares in the last quarter. Hedge funds and other institutional investors own 65.27% of the company’s stock.

NVIDIA Stock Performance

NVIDIA stock opened at $176.67 on Friday. The firm has a fifty day simple moving average of $186.90 and a two-hundred day simple moving average of $170.47. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08. NVIDIA Corporation has a twelve month low of $86.62 and a twelve month high of $212.19. The company has a market capitalization of $4.29 trillion, a PE ratio of 50.33, a P/E/G ratio of 1.49 and a beta of 2.11.

NVIDIA (NASDAQ:NVDA) last released its quarterly earnings data on Wednesday, November 19th. The computer hardware maker reported $1.30 EPS for the quarter, topping the consensus estimate of $1.23 by $0.07. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The firm had revenue of $57.01 billion for the quarter, compared to the consensus estimate of $54.66 billion. During the same quarter in the previous year, the business earned $0.81 earnings per share. The company’s quarterly revenue was up 62.5% on a year-over-year basis. NVIDIA has set its Q4 2026 guidance at EPS. Research analysts expect that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 26th. Shareholders of record on Thursday, December 4th will be given a $0.01 dividend. The ex-dividend date is Thursday, December 4th. This represents a $0.04 annualized dividend and a yield of 0.0%. NVIDIA’s payout ratio is presently 0.99%.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on NVDA shares. The Goldman Sachs Group reissued a “buy” rating and set a $240.00 price objective (up previously from $210.00) on shares of NVIDIA in a report on Friday, October 31st. Wedbush boosted their price target on shares of NVIDIA from $210.00 to $230.00 and gave the stock an “outperform” rating in a research note on Thursday, November 20th. DZ Bank reissued a “buy” rating on shares of NVIDIA in a report on Thursday, November 20th. Benchmark lifted their price objective on shares of NVIDIA from $220.00 to $250.00 and gave the stock a “buy” rating in a report on Thursday, November 20th. Finally, Susquehanna increased their target price on NVIDIA from $230.00 to $250.00 and gave the company a “positive” rating in a research note on Thursday, November 20th. Five 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 assigned a Sell rating to the company’s stock. According to data from MarketBeat, NVIDIA has a consensus rating of “Buy” and a consensus price target of $258.30.

Insider Activity

In other news, Director John Dabiri sold 626 shares of the firm’s stock in a transaction that occurred on Monday, November 24th. The shares were sold at an average price of $179.42, for a total value of $112,316.92. Following the transaction, the director owned 17,792 shares in the company, valued at approximately $3,192,240.64. This trade represents a 3.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Colette Kress sold 27,640 shares of the company’s stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $208.33, for a total transaction of $5,758,241.20. Following the sale, the chief financial officer 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. Over the last 90 days, insiders sold 3,177,203 shares of company stock valued at $570,171,004. 4.17% of the stock is currently owned by company insiders.

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.