147,918 Shares in NVIDIA Corporation $NVDA Acquired by Dynasty Wealth Management LLC

Dynasty Wealth Management LLC acquired a new stake in shares of NVIDIA Corporation (NASDAQ:NVDAFree Report) in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund acquired 147,918 shares of the computer hardware maker’s stock, valued at approximately $27,599,000.

Several other large investors have also made changes to their positions in the business. Harbor Asset Planning Inc. acquired a new position in shares of NVIDIA during the 2nd quarter worth approximately $28,000. Winnow Wealth LLC acquired a new stake in shares of NVIDIA in the second quarter valued at about $32,000. Longfellow Investment Management Co. LLC increased its stake in shares of NVIDIA by 47.9% during the second quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker’s stock worth $33,000 after purchasing an additional 67 shares in the last quarter. Spurstone Advisory Services LLC acquired a new position in shares of NVIDIA during the 2nd quarter worth about $40,000. Finally, EDENTREE ASSET MANAGEMENT Ltd purchased a new position in NVIDIA in the 2nd quarter valued at about $54,000. 65.27% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

NVDA has been the subject of several research reports. Wolfe Research boosted their price objective on NVIDIA from $250.00 to $275.00 and gave the stock an “outperform” rating in a research note on Friday, January 30th. The Goldman Sachs Group reissued a “buy” rating and issued a $240.00 price objective (up from $210.00) on shares of NVIDIA in a research note on Friday, October 31st. DZ Bank reaffirmed a “buy” rating on shares of NVIDIA in a research note on Thursday, November 20th. Argus reissued a “buy” rating and issued a $220.00 price target on shares of NVIDIA in a research note on Thursday, November 20th. Finally, Rothschild & Co Redburn upped their price objective on shares of NVIDIA from $245.00 to $268.00 and gave the company a “buy” rating in a research note on Thursday, January 15th. Four equities research analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $263.98.

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Trending Headlines about NVIDIA

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Insider Activity

In related news, Director Mark A. Stevens sold 350,000 shares of NVIDIA stock in a transaction that occurred on Friday, December 5th. The shares were sold at an average price of $181.73, for a total value of $63,605,500.00. Following the completion of the transaction, the director owned 7,049,803 shares in the company, valued at approximately $1,281,160,699.19. The trade was a 4.73% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Ajay K. Puri sold 200,000 shares of the stock in a transaction that occurred on Wednesday, January 7th. The stock was sold at an average price of $187.82, for a total transaction of $37,564,000.00. Following the sale, the executive vice president owned 3,818,547 shares in the company, valued at approximately $717,199,497.54. This trade represents a 4.98% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,611,474 shares of company stock worth $291,731,692 in the last quarter. Insiders own 4.17% of the company’s stock.

NVIDIA Trading Up 2.4%

NASDAQ NVDA opened at $189.86 on Tuesday. The company has a debt-to-equity ratio of 0.06, a current ratio of 4.47 and a quick ratio of 3.71. The stock has a market capitalization of $4.61 trillion, a P/E ratio of 47.11, a PEG ratio of 0.57 and a beta of 2.31. The firm’s 50-day moving average is $184.29 and its two-hundred day moving average is $183.04. NVIDIA Corporation has a 12 month low of $86.62 and a 12 month high of $212.19.

NVIDIA (NASDAQ:NVDAGet Free Report) last released its quarterly 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 53.01% and a return on equity of 99.24%. The business had revenue of $57.01 billion for the quarter, compared to the consensus estimate of $54.66 billion. During the same period in the previous year, the firm earned $0.81 EPS. The business’s revenue was up 62.5% on a year-over-year basis. On average, sell-side analysts anticipate that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Thursday, December 4th were issued a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. The ex-dividend date was Thursday, December 4th. NVIDIA’s payout ratio is currently 0.99%.

NVIDIA Company Profile

(Free Report)

NVIDIA Corporation, founded in 1993 and headquartered in Santa Clara, California, is a global technology company that designs and develops graphics processing units (GPUs) and system-on-chip (SoC) technologies. Co-founded by Jensen Huang, who serves as president and chief executive officer, along with Chris Malachowsky and Curtis Priem, NVIDIA has grown from a graphics-focused chipmaker into a broad provider of accelerated computing hardware and software for multiple industries.

The company’s product portfolio spans discrete GPUs for gaming and professional visualization (marketed under the GeForce and NVIDIA RTX lines), high-performance data center accelerators used for AI training and inference (including widely adopted platforms such as the A100 and H100 series), and Tegra SoCs for automotive and edge applications.

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Institutional Ownership by Quarter for NVIDIA (NASDAQ:NVDA)

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