VCI Wealth Management LLC Has $12.59 Million Holdings in NVIDIA Corporation $NVDA

VCI Wealth Management LLC raised its position in shares of NVIDIA Corporation (NASDAQ:NVDA) by 7.5% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 79,688 shares of the computer hardware maker’s stock after buying an additional 5,527 shares during the period. NVIDIA comprises about 4.4% of VCI Wealth Management LLC’s investment portfolio, making the stock its 5th biggest holding. VCI Wealth Management LLC’s holdings in NVIDIA were worth $12,590,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Morton Brown Family Wealth LLC increased its holdings in NVIDIA by 1.5% during the 2nd quarter. Morton Brown Family Wealth LLC now owns 3,928 shares of the computer hardware maker’s stock valued at $621,000 after purchasing an additional 58 shares during the period. Roof Eidam Maycock Peralta LLC increased its stake in shares of NVIDIA by 0.3% during the second quarter. Roof Eidam Maycock Peralta LLC now owns 20,903 shares of the computer hardware maker’s stock valued at $3,302,000 after buying an additional 58 shares during the period. Alpha Wealth Funds LLC raised its holdings in shares of NVIDIA by 1.3% during the second quarter. Alpha Wealth Funds LLC now owns 4,634 shares of the computer hardware maker’s stock valued at $732,000 after acquiring an additional 59 shares in the last quarter. Copia Wealth Management boosted its holdings in NVIDIA by 14.7% in the second quarter. Copia Wealth Management now owns 468 shares of the computer hardware maker’s stock valued at $74,000 after acquiring an additional 60 shares in the last quarter. Finally, BKM Wealth Management LLC increased its position in NVIDIA by 1.1% during the 2nd quarter. BKM Wealth Management LLC now owns 5,745 shares of the computer hardware maker’s stock valued at $908,000 after purchasing an additional 60 shares during the period. Hedge funds and other institutional investors own 65.27% of the company’s stock.

NVIDIA Stock Up 1.8%

Shares of NASDAQ:NVDA opened at $190.17 on Friday. 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 stock has a fifty day simple moving average of $185.60 and a two-hundred day simple moving average of $165.55. NVIDIA Corporation has a 12-month low of $86.62 and a 12-month high of $212.19. The stock has a market capitalization of $4.62 trillion, a price-to-earnings ratio of 54.18, a PEG ratio of 1.49 and a beta of 2.11.

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

NVIDIA Announces Dividend

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

Insider Buying and Selling

In related news, CFO Colette Kress sold 27,640 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the chief financial officer owned 2,828,122 shares of the company’s stock, valued at $589,182,656.26. This trade represents a 0.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Jen Hsun Huang sold 25,000 shares of NVIDIA stock in a transaction on 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 sale, the chief executive officer directly owned 69,733,203 shares of the company’s stock, valued at approximately $14,498,230,235.73. The trade was a 0.04% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 3,251,577 shares of company stock worth $583,143,187. Corporate insiders own 4.17% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently commented on the stock. Evercore ISI set a $261.00 target price on shares of NVIDIA and gave the stock an “outperform” rating in a research report on Wednesday, October 29th. Wall Street Zen upgraded shares of NVIDIA from a “hold” rating to a “buy” rating in a report on Sunday, October 19th. KeyCorp reissued an “overweight” rating and issued a $250.00 target price on shares of NVIDIA in a research report on Friday. Loop Capital raised their target price on NVIDIA from $250.00 to $350.00 and gave the company a “buy” rating in a research note on Monday, November 3rd. Finally, Arete upped their price target on NVIDIA from $235.00 to $244.00 and gave the stock a “buy” rating in a research note on Tuesday, October 14th. Five research analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $239.15.

About NVIDIA

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.