Stableford Capital II LLC Buys 7,395 Shares of NVIDIA Corporation $NVDA

Stableford Capital II LLC grew its stake in shares of NVIDIA Corporation (NASDAQ:NVDA) by 80.1% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 16,627 shares of the computer hardware maker’s stock after acquiring an additional 7,395 shares during the period. NVIDIA makes up approximately 1.1% of Stableford Capital II LLC’s portfolio, making the stock its 21st biggest position. Stableford Capital II LLC’s holdings in NVIDIA were worth $2,885,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. Kathleen S. Wright Associates Inc. raised its position 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 valued at $44,000 after purchasing an additional 254 shares during the last quarter. Barnes Dennig Private Wealth Management LLC acquired a new position in shares of NVIDIA in the first quarter valued at approximately $51,000. Legend Financial Advisors Inc. bought a new position in NVIDIA in the 2nd quarter valued at approximately $55,000. Campbell Capital Management Inc. raised its holdings in NVIDIA by 5,900.0% in the 1st quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker’s stock valued at $65,000 after buying an additional 590 shares during the last quarter. Finally, Westend Capital Management LLC boosted its position in NVIDIA by 46.8% during the 2nd quarter. Westend Capital Management LLC now owns 455 shares of the computer hardware maker’s stock worth $72,000 after buying an additional 145 shares during the period. 65.27% of the stock is currently owned by institutional investors and hedge funds.

NVIDIA Stock Performance

Shares of NVIDIA stock opened at $188.15 on Friday. The business has a 50-day moving average price of $183.43 and a two-hundred day moving average price of $162.98. NVIDIA Corporation has a 1-year low of $86.62 and a 1-year 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 company has a market cap of $4.57 trillion, a P/E ratio of 53.60, a PEG ratio of 1.49 and a beta of 2.11.

NVIDIA (NASDAQ:NVDA) last announced its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, beating the consensus estimate of $1.01 by $0.04. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The company had revenue of $46.74 billion for the quarter, compared to analyst estimates of $45.65 billion. During the same quarter in the prior year, the company earned $0.68 EPS. The firm’s revenue for the quarter was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. As a group, analysts anticipate that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Dividend Announcement

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

Wall Street Analyst Weigh In

Several equities analysts have issued reports on NVDA shares. Citigroup restated a “buy” rating and issued a $210.00 price target (up from $200.00) on shares of NVIDIA in a research report on Tuesday, September 30th. Wedbush reissued an “outperform” rating and issued a $210.00 price objective on shares of NVIDIA in a research note on Thursday, August 28th. Craig Hallum raised their target price on NVIDIA from $195.00 to $245.00 and gave the stock a “buy” rating in a research report on Thursday, August 28th. Bank of America lifted their target price on NVIDIA from $235.00 to $275.00 and gave the stock a “buy” rating in a report on Wednesday, October 29th. Finally, HSBC set a $320.00 price target on NVIDIA and gave the company a “buy” rating in a research report on Wednesday, October 15th. Five investment analysts have rated the stock with a Strong Buy rating, forty-one have given a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $233.75.

Insider Buying and Selling at NVIDIA

In related news, CEO Jen Hsun Huang sold 25,000 shares of the business’s stock in a transaction on Wednesday, October 29th. The shares were sold at an average price of $207.91, for a total transaction of $5,197,750.00. Following the transaction, the chief executive officer owned 69,733,203 shares in the company, valued at $14,498,230,235.73. The trade was a 0.04% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Colette Kress sold 27,640 shares of the stock in a transaction 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 in the company, valued at approximately $589,182,656.26. This represents a 0.97% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 3,476,577 shares of company stock valued at $623,934,187 in the last quarter. 4.17% of the stock is currently owned by company insiders.

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.