Jackson Hole Capital Partners LLC Raises Stock Holdings in NVIDIA Corporation $NVDA

Jackson Hole Capital Partners LLC boosted its position in shares of NVIDIA Corporation (NASDAQ:NVDAFree Report) by 13.6% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 18,024 shares of the computer hardware maker’s stock after buying an additional 2,159 shares during the quarter. Jackson Hole Capital Partners LLC’s holdings in NVIDIA were worth $2,848,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Astoria Portfolio Advisors LLC. lifted its position in NVIDIA by 0.9% during the first quarter. Astoria Portfolio Advisors LLC. now owns 93,568 shares of the computer hardware maker’s stock valued at $9,610,000 after buying an additional 864 shares during the period. Fielder Capital Group LLC grew its position in shares of NVIDIA by 9.7% in the 1st quarter. Fielder Capital Group LLC now owns 50,469 shares of the computer hardware maker’s stock worth $5,470,000 after buying an additional 4,444 shares during the period. MADDEN SECURITIES Corp increased its stake in shares of NVIDIA by 3.2% in the 2nd quarter. MADDEN SECURITIES Corp now owns 81,322 shares of the computer hardware maker’s stock worth $12,848,000 after acquiring an additional 2,484 shares in the last quarter. Sentinel Pension Advisors LLC lifted its position in NVIDIA by 4.1% during the 2nd quarter. Sentinel Pension Advisors LLC now owns 2,743 shares of the computer hardware maker’s stock valued at $433,000 after acquiring an additional 107 shares during the period. Finally, ORG Wealth Partners LLC boosted its stake in NVIDIA by 7.7% during the second quarter. ORG Wealth Partners LLC now owns 49,301 shares of the computer hardware maker’s stock worth $7,560,000 after acquiring an additional 3,542 shares in the last quarter. Institutional investors own 65.27% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the stock. Benchmark raised their target price on shares of NVIDIA from $190.00 to $220.00 and gave the company a “buy” rating in a research note on Thursday, August 28th. Morgan Stanley raised their price objective on NVIDIA from $210.00 to $220.00 and gave the company an “overweight” rating in a research report on Friday, November 14th. BNP Paribas raised NVIDIA to a “hold” rating in a report on Friday, August 1st. Evercore ISI set a $261.00 target price on NVIDIA and gave the stock an “outperform” rating in a research note on Wednesday, October 29th. Finally, S&P Equity Research reaffirmed a “positive” rating on shares of NVIDIA in a research report on Wednesday, October 22nd. Five 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. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $240.49.

Get Our Latest Stock Analysis on NVDA

NVIDIA Stock Up 2.8%

NVDA stock opened at $186.52 on Thursday. The stock has a market capitalization of $4.53 trillion, a P/E ratio of 53.14, a P/E/G ratio of 1.49 and a beta of 2.11. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.21 and a quick ratio of 3.60. NVIDIA Corporation has a 1-year low of $86.62 and a 1-year high of $212.19. The business has a fifty day moving average price of $186.37 and a 200-day moving average price of $167.48.

NVIDIA (NASDAQ:NVDAGet Free Report) last released its quarterly earnings data on Wednesday, November 19th. The computer hardware maker reported $1.30 EPS for the quarter, beating the consensus estimate of $1.23 by $0.07. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The company had revenue of $57.01 billion for the quarter, compared to analysts’ expectations of $54.66 billion. During the same period last year, the firm posted $0.81 earnings per share. NVIDIA’s revenue was up 62.5% compared to the same quarter last year. NVIDIA has set its Q4 2026 guidance at EPS. Equities analysts forecast that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 26th. Stockholders of record on Thursday, December 4th will be issued 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 is Thursday, December 4th. NVIDIA’s payout ratio is presently 1.14%.

Insider Activity at NVIDIA

In other news, Director Mark A. Stevens sold 350,000 shares of the stock in a transaction on Friday, September 19th. The stock was sold at an average price of $176.39, for a total transaction of $61,736,500.00. Following the transaction, the director directly owned 7,399,803 shares of the company’s stock, valued at $1,305,251,251.17. This represents a 4.52% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Jen Hsun Huang sold 75,000 shares of the firm’s stock in a transaction on Wednesday, September 10th. The stock was sold at an average price of $177.57, for a total value of $13,317,750.00. Following the completion of the transaction, the chief executive officer owned 72,248,366 shares in the company, valued at approximately $12,829,142,350.62. This trade represents a 0.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 3,251,577 shares of company stock worth $583,143,187 over the last quarter. Company insiders own 4.17% of the company’s stock.

NVIDIA Company Profile

(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.

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Institutional Ownership by Quarter for NVIDIA (NASDAQ:NVDA)

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