J.Safra Asset Management Corp Increases Stock Position in NVIDIA Corporation $NVDA

J.Safra Asset Management Corp raised its stake in NVIDIA Corporation (NASDAQ:NVDA) by 11.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 54,654 shares of the computer hardware maker’s stock after acquiring an additional 5,408 shares during the period. NVIDIA accounts for approximately 0.6% of J.Safra Asset Management Corp’s portfolio, making the stock its 21st largest position. J.Safra Asset Management Corp’s holdings in NVIDIA were worth $8,622,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in NVDA. Astoria Portfolio Advisors LLC. boosted its stake in shares of NVIDIA by 0.9% during the first quarter. Astoria Portfolio Advisors LLC. now owns 93,568 shares of the computer hardware maker’s stock worth $9,610,000 after buying an additional 864 shares during the period. Centerpoint Advisory Group raised its stake in NVIDIA by 2.5% during the 1st quarter. Centerpoint Advisory Group now owns 39,398 shares of the computer hardware maker’s stock valued at $4,270,000 after acquiring an additional 943 shares during the last quarter. Fielder Capital Group LLC lifted its position in NVIDIA by 9.7% during the 1st quarter. Fielder Capital Group LLC now owns 50,469 shares of the computer hardware maker’s stock worth $5,470,000 after acquiring an additional 4,444 shares during the period. MADDEN SECURITIES Corp grew 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 valued at $12,848,000 after purchasing an additional 2,484 shares during the last quarter. Finally, Sentinel Pension Advisors LLC increased its holdings in shares of NVIDIA by 4.1% in the second quarter. Sentinel Pension Advisors LLC now owns 2,743 shares of the computer hardware maker’s stock valued at $433,000 after purchasing an additional 107 shares during the period. Institutional investors and hedge funds own 65.27% of the company’s stock.

Insider Activity

In other NVIDIA news, CEO Jen Hsun Huang sold 25,000 shares of the company’s stock in a transaction dated Wednesday, October 29th. The shares were sold at an average price of $207.91, for a total value of $5,197,750.00. Following the sale, the chief executive officer owned 69,733,203 shares of the company’s stock, valued at $14,498,230,235.73. This represents a 0.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Colette Kress sold 27,640 shares of the firm’s stock in a transaction that occurred 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 transaction, the chief financial officer directly owned 2,828,122 shares of the company’s stock, valued at approximately $589,182,656.26. This trade represents a 0.97% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 3,476,577 shares of company stock worth $623,934,187 over the last quarter. Insiders own 4.17% of the company’s stock.

NVIDIA Trading Down 3.7%

Shares of NVIDIA stock opened at $188.08 on Friday. The company has a 50-day moving average of $183.15 and a two-hundred day moving average of $161.90. NVIDIA Corporation has a 12-month low of $86.62 and a 12-month high of $212.19. 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 market cap of $4.57 trillion, a PE ratio of 53.58, 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 for the quarter, topping analysts’ consensus estimates of $1.01 by $0.04. The business had revenue of $46.74 billion for the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. On average, research analysts anticipate that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th were paid 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 was Thursday, September 11th. NVIDIA’s payout ratio is 1.14%.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on NVDA shares. Citigroup reaffirmed a “buy” rating and set a $210.00 price target (up from $200.00) on shares of NVIDIA in a report on Tuesday, September 30th. Wall Street Zen raised shares of NVIDIA from a “hold” rating to a “buy” rating in a report on Sunday, October 19th. President Capital boosted their price target on shares of NVIDIA from $210.00 to $240.00 and gave the stock a “buy” rating in a research note on Thursday, October 30th. Robert W. Baird raised their price objective on shares of NVIDIA from $195.00 to $225.00 and gave the company an “outperform” rating in a research report on Monday, August 25th. Finally, Melius Research set a $300.00 price objective on NVIDIA in a report on Wednesday, October 29th. Five analysts have rated the stock with a Strong Buy rating, forty-one have issued a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $233.75.

NVIDIA Company 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.