NVIDIA Corporation $NVDA Shares Purchased by Investment Advisory Services Inc. TX ADV

Investment Advisory Services Inc. TX ADV increased its holdings in shares of NVIDIA Corporation (NASDAQ:NVDAFree Report) by 5.6% during the second quarter, Holdings Channel.com reports. The fund owned 10,503 shares of the computer hardware maker’s stock after buying an additional 554 shares during the period. Investment Advisory Services Inc. TX ADV’s holdings in NVIDIA were worth $1,659,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of NVDA. Kingstone Capital Partners Texas LLC boosted its holdings in NVIDIA by 267,959.7% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 382,373,765 shares of the computer hardware maker’s stock worth $64,976,521,000 after buying an additional 382,231,120 shares during the last quarter. Nuveen LLC purchased a new position in NVIDIA in the 1st quarter worth approximately $15,089,414,000. Goldman Sachs Group Inc. lifted its stake in NVIDIA by 123.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 187,995,213 shares of the computer hardware maker’s stock worth $20,374,921,000 after purchasing an additional 103,889,872 shares in the last quarter. Assenagon Asset Management S.A. raised its position in shares of NVIDIA by 204.6% during the 1st quarter. Assenagon Asset Management S.A. now owns 35,652,571 shares of the computer hardware maker’s stock valued at $3,864,026,000 after buying an additional 23,948,733 shares during the period. Finally, Amundi raised its position in shares of NVIDIA by 16.0% during the 1st quarter. Amundi now owns 135,770,043 shares of the computer hardware maker’s stock valued at $13,826,199,000 after buying an additional 18,733,431 shares during the period. 65.27% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, CEO Jen Hsun Huang sold 75,000 shares of the business’s stock in a transaction on Friday, October 10th. The shares were sold at an average price of $190.20, for a total value of $14,265,000.00. Following the completion of the sale, the chief executive officer directly owned 70,558,203 shares of the company’s stock, valued at $13,420,170,210.60. The trade was a 0.11% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Colette Kress sold 30,500 shares of the business’s stock in a transaction on Friday, September 19th. The shares were sold at an average price of $176.40, for a total transaction of $5,380,200.00. Following the completion of the sale, the chief financial officer directly owned 2,883,402 shares of the company’s stock, valued at approximately $508,632,112.80. This trade represents a 1.05% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 3,801,587 shares of company stock valued at $673,950,484. 4.17% of the stock is owned by corporate insiders.

NVIDIA Stock Performance

Shares of NVDA stock opened at $183.16 on Monday. NVIDIA Corporation has a 12 month low of $86.62 and a 12 month high of $195.62. The company has a market cap of $4.45 trillion, a P/E ratio of 52.18, a PEG ratio of 1.32 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. The firm has a fifty day moving average price of $179.16 and a 200 day moving average price of $151.02.

NVIDIA (NASDAQ:NVDAGet Free Report) last announced its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share for the quarter, beating analysts’ consensus estimates of $1.01 by $0.04. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The firm had revenue of $46.74 billion during the quarter, compared to analysts’ expectations of $45.65 billion. During the same period in the previous year, the company earned $0.68 earnings per share. NVIDIA’s quarterly revenue was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. Sell-side analysts predict that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, October 2nd. Investors of record on Thursday, September 11th were given a $0.01 dividend. The ex-dividend date of this dividend was Thursday, September 11th. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. NVIDIA’s payout ratio is 1.14%.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. Rosenblatt Securities reissued a “buy” rating and issued a $215.00 target price on shares of NVIDIA in a research report on Tuesday, September 23rd. Daiwa Capital Markets boosted their target price on NVIDIA from $165.00 to $205.00 and gave the company an “outperform” rating in a research report on Wednesday, September 17th. Oppenheimer reissued an “outperform” rating and issued a $225.00 target price (up previously from $200.00) on shares of NVIDIA in a research report on Thursday, August 28th. KeyCorp restated an “overweight” rating and issued a $250.00 price target (up previously from $230.00) on shares of NVIDIA in a research note on Tuesday, September 30th. Finally, Robert W. Baird boosted their price target on shares of NVIDIA from $195.00 to $225.00 and gave the stock an “outperform” rating in a research note on Monday, August 25th. Four research analysts have rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $212.84.

Check Out Our Latest Report on NVDA

About NVIDIA

(Free Report)

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.

See Also

Want to see what other hedge funds are holding NVDA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NVIDIA Corporation (NASDAQ:NVDAFree Report).

Institutional Ownership by Quarter for NVIDIA (NASDAQ:NVDA)

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