NVIDIA Corporation $NVDA Position Boosted by Greenbush Financial Group LLC

Greenbush Financial Group LLC lifted its stake in shares of NVIDIA Corporation (NASDAQ:NVDA) by 5.8% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 24,288 shares of the computer hardware maker’s stock after purchasing an additional 1,328 shares during the period. NVIDIA comprises about 1.7% of Greenbush Financial Group LLC’s investment portfolio, making the stock its 18th biggest holding. Greenbush Financial Group LLC’s holdings in NVIDIA were worth $3,837,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Legend Financial Advisors Inc. bought a new position in NVIDIA in the second quarter worth about $55,000. Kathleen S. Wright Associates Inc. lifted its holdings in NVIDIA by 169.3% in the first quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker’s stock worth $44,000 after acquiring an additional 254 shares during the last quarter. Westend Capital Management LLC lifted its holdings in NVIDIA by 46.8% in the second quarter. Westend Capital Management LLC now owns 455 shares of the computer hardware maker’s stock worth $72,000 after acquiring an additional 145 shares during the last quarter. Barnes Dennig Private Wealth Management LLC bought a new position in NVIDIA in the first quarter worth about $51,000. Finally, Bruce G. Allen Investments LLC lifted its holdings in NVIDIA by 198.2% in the first quarter. Bruce G. Allen Investments LLC now owns 492 shares of the computer hardware maker’s stock worth $53,000 after acquiring an additional 327 shares during the last quarter. Institutional investors own 65.27% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the stock. KeyCorp reissued an “overweight” rating and issued a $250.00 target price (up previously from $230.00) on shares of NVIDIA in a report on Tuesday, September 30th. UBS Group restated a “buy” rating on shares of NVIDIA in a research note on Tuesday, September 23rd. Wells Fargo & Company raised their price target on shares of NVIDIA from $185.00 to $220.00 and gave the company an “overweight” rating in a research note on Monday, August 11th. Citigroup restated a “buy” rating and issued a $210.00 price target (up previously from $200.00) on shares of NVIDIA in a research note on Tuesday, September 30th. Finally, The Goldman Sachs Group set a $210.00 price target on shares of NVIDIA and gave the company a “buy” rating in a research note on Monday, October 6th. Four research analysts have rated the stock with a Strong Buy rating, thirty-seven have given a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $212.84.

NVIDIA Trading Down 4.9%

NVIDIA stock opened at $183.16 on Monday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.60 and a current ratio of 4.21. The firm has a market cap of $4.45 trillion, a price-to-earnings ratio of 52.18, a price-to-earnings-growth ratio of 1.32 and a beta of 2.12. NVIDIA Corporation has a 1 year low of $86.62 and a 1 year high of $195.62. The firm’s 50 day moving average price is $179.16 and its two-hundred day moving average price is $151.02.

NVIDIA (NASDAQ:NVDA) last posted its quarterly earnings data 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 firm had revenue of $46.74 billion during the quarter, compared to analyst estimates of $45.65 billion. During the same quarter last year, the business posted $0.68 EPS. The company’s revenue was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. On average, research analysts predict that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Announces Dividend

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

Insiders Place Their Bets

In related news, CEO Jen Hsun Huang sold 75,000 shares of NVIDIA stock in a transaction on Friday, October 10th. The shares were sold at an average price of $190.20, for a total value of $14,265,000.00. Following the completion of the sale, the chief executive officer owned 70,558,203 shares of the company’s stock, valued at approximately $13,420,170,210.60. The trade was a 0.11% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Colette Kress sold 30,500 shares of NVIDIA stock in a transaction on Friday, September 19th. The shares were sold at an average price of $176.40, for a total transaction of $5,380,200.00. Following the completion of the sale, the chief financial officer directly owned 2,883,402 shares of the company’s stock, valued at approximately $508,632,112.80. The trade was a 1.05% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 3,801,587 shares of company stock valued at $673,950,484 in the last three months. Company insiders own 4.17% of the company’s stock.

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.