NVIDIA Corporation $NVDA Position Boosted by Woodard & Co. Asset Management Group Inc. ADV

Woodard & Co. Asset Management Group Inc. ADV raised its position in shares of NVIDIA Corporation (NASDAQ:NVDA) by 1.3% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 50,631 shares of the computer hardware maker’s stock after purchasing an additional 644 shares during the quarter. NVIDIA comprises about 1.5% of Woodard & Co. Asset Management Group Inc. ADV’s investment portfolio, making the stock its 14th largest position. Woodard & Co. Asset Management Group Inc. ADV’s holdings in NVIDIA were worth $7,999,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the company. Monument Group Wealth Advisors LLC bought a new stake in shares of NVIDIA in the 2nd quarter valued at approximately $364,000. Novare Capital Management LLC boosted its holdings in NVIDIA by 18.4% in the second quarter. Novare Capital Management LLC now owns 218,403 shares of the computer hardware maker’s stock worth $34,505,000 after purchasing an additional 34,011 shares during the period. Conway Capital Management Inc. increased its stake in NVIDIA by 1.3% during the second quarter. Conway Capital Management Inc. now owns 143,562 shares of the computer hardware maker’s stock valued at $22,681,000 after purchasing an additional 1,853 shares during the last quarter. William Blair Investment Management LLC raised its holdings in shares of NVIDIA by 0.6% during the second quarter. William Blair Investment Management LLC now owns 12,272,393 shares of the computer hardware maker’s stock worth $1,938,915,000 after purchasing an additional 74,755 shares during the period. Finally, Albert D Mason Inc. bought a new position in shares of NVIDIA in the 2nd quarter worth about $508,000. Institutional investors and hedge funds own 65.27% of the company’s stock.

NVIDIA Stock Performance

NASDAQ:NVDA opened at $193.16 on Wednesday. The company has a 50-day moving average of $184.37 and a 200-day moving average of $164.63. The firm has a market cap of $4.69 trillion, a price-to-earnings ratio of 55.03, a price-to-earnings-growth 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 twelve month low of $86.62 and a twelve month high of $212.19.

NVIDIA (NASDAQ:NVDA) last released its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, topping 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 business had revenue of $46.74 billion for the quarter, compared to the consensus estimate of $45.65 billion. During the same period in the previous year, the firm earned $0.68 EPS. The business’s revenue for the quarter was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. Analysts forecast that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement

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

Insider Buying and Selling at NVIDIA

In other news, CFO Colette Kress sold 27,640 shares of the company’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $208.33, for a total transaction 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 sale was disclosed in a document filed with the SEC, which is available at 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 value of $5,197,750.00. Following the completion of the transaction, the chief executive officer directly 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 SEC filing for this sale provides additional information. Over the last three months, insiders have sold 3,326,577 shares of company stock valued at $596,625,187. Corporate insiders own 4.17% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on NVDA. Wedbush reiterated an “outperform” rating and set a $210.00 price target on shares of NVIDIA in a research report on Thursday, August 28th. Arete upped their target price on shares of NVIDIA from $235.00 to $244.00 and gave the stock a “buy” rating in a research report on Tuesday, October 14th. The Goldman Sachs Group restated a “buy” rating and issued a $240.00 price target (up previously from $210.00) on shares of NVIDIA in a research note on Friday, October 31st. Cantor Fitzgerald reissued an “overweight” rating and issued a $300.00 price objective on shares of NVIDIA in a report on Wednesday, October 29th. Finally, New Street Research reaffirmed a “buy” rating and set a $307.00 target price on shares of NVIDIA in a research note on Thursday, October 30th. Five analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $235.44.

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.