1,380 Shares in NVIDIA Corporation $NVDA Bought by Sharper & Granite LLC

Sharper & Granite LLC bought a new stake in NVIDIA Corporation (NASDAQ:NVDA) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 1,380 shares of the computer hardware maker’s stock, valued at approximately $217,000.

A number of other hedge funds have also recently made changes to their positions in NVDA. Morton Brown Family Wealth LLC grew its stake in shares of NVIDIA by 1.5% in the second quarter. Morton Brown Family Wealth LLC now owns 3,928 shares of the computer hardware maker’s stock worth $621,000 after purchasing an additional 58 shares during the last quarter. Roof Eidam Maycock Peralta LLC lifted its holdings in NVIDIA by 0.3% during the 2nd quarter. Roof Eidam Maycock Peralta LLC now owns 20,903 shares of the computer hardware maker’s stock worth $3,302,000 after buying an additional 58 shares during the period. Alpha Wealth Funds LLC grew its position in shares of NVIDIA by 1.3% in the 2nd quarter. Alpha Wealth Funds LLC now owns 4,634 shares of the computer hardware maker’s stock valued at $732,000 after buying an additional 59 shares during the last quarter. Copia Wealth Management increased its stake in shares of NVIDIA by 14.7% in the second quarter. Copia Wealth Management now owns 468 shares of the computer hardware maker’s stock valued at $74,000 after buying an additional 60 shares during the period. Finally, BKM Wealth Management LLC increased its stake in shares of NVIDIA by 1.1% in the second quarter. BKM Wealth Management LLC now owns 5,745 shares of the computer hardware maker’s stock valued at $908,000 after buying an additional 60 shares during the period. 65.27% of the stock is owned by institutional investors and hedge funds.

NVIDIA Trading Down 2.8%

NASDAQ:NVDA opened at $181.36 on Wednesday. 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 capitalization of $4.41 trillion, a price-to-earnings ratio of 51.67, a PEG ratio of 1.49 and a beta of 2.11. The firm has a fifty day simple moving average of $186.18 and a two-hundred day simple moving average of $167.35.

NVIDIA (NASDAQ:NVDA) last announced its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.04. The firm 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 quarterly revenue was up 55.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. Analysts expect that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Dividend Announcement

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

Analysts Set New Price Targets

Several analysts recently commented on the company. DA Davidson set a $250.00 target price on NVIDIA and gave the company a “buy” rating in a report on Wednesday, October 29th. Wedbush restated an “outperform” rating and issued a $210.00 price target on shares of NVIDIA in a research report on Thursday, August 28th. Oppenheimer upped their price objective on shares of NVIDIA from $225.00 to $265.00 and gave the company an “outperform” rating in a research note on Thursday, November 13th. President Capital lifted their target price 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. Finally, Evercore ISI set a $261.00 target price on shares of NVIDIA and gave the company an “outperform” rating in a report on Wednesday, October 29th. Five equities research analysts have rated the stock with a Strong Buy rating, forty-one have given a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, NVIDIA has a consensus rating of “Buy” and a consensus price target of $240.49.

Insider Buying and Selling

In related news, CFO Colette Kress sold 27,640 shares of NVIDIA stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $208.33, for a total value of $5,758,241.20. Following the completion of the sale, the chief financial officer 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 position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Jen Hsun Huang sold 25,000 shares of the company’s stock in a transaction on 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 transaction, 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 position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 3,251,577 shares of company stock valued at $583,143,187 in the last three months. Insiders own 4.17% of the company’s stock.

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.