Retirement Planning Group LLC Buys 5,645 Shares of NVIDIA Corporation $NVDA

Retirement Planning Group LLC increased its stake in NVIDIA Corporation (NASDAQ:NVDA) by 12.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 50,809 shares of the computer hardware maker’s stock after buying an additional 5,645 shares during the quarter. Retirement Planning Group LLC’s holdings in NVIDIA were worth $8,027,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Kingstone Capital Partners Texas LLC boosted its stake in shares of NVIDIA by 267,959.7% during 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 purchasing an additional 382,231,120 shares during the period. Nuveen LLC bought a new stake in NVIDIA in the first quarter worth about $15,089,414,000. Goldman Sachs Group Inc. boosted its position in shares of NVIDIA by 123.5% during the first quarter. Goldman Sachs Group Inc. now owns 187,995,213 shares of the computer hardware maker’s stock valued at $20,374,921,000 after buying an additional 103,889,872 shares during the period. Amundi grew its stake in shares of NVIDIA by 16.0% during the first 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 last quarter. Finally, Strs Ohio purchased a new stake in shares of NVIDIA in the first quarter worth approximately $1,163,288,000. 65.27% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the company. Hsbc Global Res raised NVIDIA from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 15th. Rosenblatt Securities upped their price target on shares of NVIDIA from $215.00 to $240.00 and gave the stock a “buy” rating in a report on Monday, November 3rd. Wall Street Zen raised shares of NVIDIA from a “hold” rating to a “buy” rating in a research note on Sunday, October 19th. S&P Equity Research reissued a “positive” rating on shares of NVIDIA in a research report on Wednesday, October 22nd. Finally, KeyCorp reaffirmed an “overweight” rating and set a $250.00 target price on shares of NVIDIA in a research report on Friday. Five investment analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, NVIDIA currently has a consensus rating of “Buy” and a consensus price target of $239.15.

Insider Transactions at NVIDIA

In other news, CEO Jen Hsun Huang sold 25,000 shares of the business’s 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 in the company, valued at approximately $14,498,230,235.73. The trade was a 0.04% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Colette Kress sold 27,640 shares of the company’s stock in a transaction dated 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 transaction, the chief financial officer owned 2,828,122 shares in the company, valued at approximately $589,182,656.26. This trade represents a 0.97% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 3,251,577 shares of company stock valued at $583,143,187. 4.17% of the stock is currently owned by company insiders.

NVIDIA Trading Up 1.8%

NASDAQ NVDA opened at $190.17 on Friday. NVIDIA Corporation has a 52 week low of $86.62 and a 52 week high of $212.19. The company has a 50 day moving average price of $185.60 and a 200 day moving average price of $165.95. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08. The firm has a market cap of $4.62 trillion, a PE ratio of 54.18, a price-to-earnings-growth ratio of 1.49 and a beta of 2.11.

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

NVIDIA Dividend Announcement

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