Variant Private Wealth LLC Buys 632 Shares of NVIDIA Corporation $NVDA

Variant Private Wealth LLC boosted its position in shares of NVIDIA Corporation (NASDAQ:NVDA) by 3.4% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 19,432 shares of the computer hardware maker’s stock after buying an additional 632 shares during the quarter. NVIDIA accounts for approximately 3.2% of Variant Private Wealth LLC’s investment portfolio, making the stock its 14th largest position. Variant Private Wealth LLC’s holdings in NVIDIA were worth $3,070,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Patten & Patten Inc. TN grew its position in NVIDIA by 1.9% in the 2nd quarter. Patten & Patten Inc. TN now owns 36,588 shares of the computer hardware maker’s stock valued at $5,781,000 after acquiring an additional 697 shares during the last quarter. Callahan Advisors LLC raised its holdings in shares of NVIDIA by 17.3% in the 2nd quarter. Callahan Advisors LLC now owns 149,212 shares of the computer hardware maker’s stock valued at $23,574,000 after purchasing an additional 22,050 shares in the last quarter. Davidson Investment Advisors boosted its stake in shares of NVIDIA by 0.9% during the second quarter. Davidson Investment Advisors now owns 222,191 shares of the computer hardware maker’s stock valued at $35,104,000 after purchasing an additional 1,916 shares in the last quarter. Uptick Partners LLC lifted its holdings in NVIDIA by 14.7% during the second quarter. Uptick Partners LLC now owns 15,292 shares of the computer hardware maker’s stock worth $2,416,000 after buying an additional 1,955 shares during the period. Finally, Rheos Capital Works Inc. bought a new stake in NVIDIA during the 2nd quarter valued at $16,589,000. Institutional investors own 65.27% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently commented on NVDA. KeyCorp reaffirmed an “overweight” rating and issued a $250.00 price objective (up from $230.00) on shares of NVIDIA in a report on Tuesday, September 30th. BNP Paribas raised shares of NVIDIA to a “hold” rating in a report on Friday, August 1st. Needham & Company LLC raised their price objective on NVIDIA from $200.00 to $240.00 and gave the company a “buy” rating in a report on Wednesday, October 29th. Bank of America increased their price objective on shares of NVIDIA from $235.00 to $275.00 and gave the company a “buy” rating in a report on Wednesday, October 29th. Finally, Morgan Stanley reissued an “overweight” rating on shares of NVIDIA in a report on Wednesday, October 29th. Five equities research analysts have rated the stock with a Strong Buy rating, forty-one have issued a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $233.75.

Insider Activity at NVIDIA

In other news, CFO Colette Kress sold 27,640 shares of the business’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $208.33, for a total value of $5,758,241.20. Following the completion of the transaction, the chief financial officer directly owned 2,828,122 shares of the company’s stock, valued at $589,182,656.26. The trade was a 0.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Jen Hsun Huang sold 25,000 shares of NVIDIA stock in a transaction dated 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 sale, the chief executive officer owned 69,733,203 shares of the company’s stock, valued at approximately $14,498,230,235.73. This trade represents a 0.04% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 3,476,577 shares of company stock worth $623,934,187 over the last quarter. Company insiders own 4.17% of the company’s stock.

NVIDIA Stock Performance

NASDAQ:NVDA opened at $188.15 on Friday. NVIDIA Corporation has a 12 month low of $86.62 and a 12 month high of $212.19. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.21 and a quick ratio of 3.60. The firm has a market capitalization of $4.57 trillion, a PE ratio of 53.60, a price-to-earnings-growth ratio of 1.49 and a beta of 2.11. The business’s fifty day moving average price is $183.43 and its 200 day moving average price is $162.98.

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

NVIDIA Announces Dividend

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

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.