NVIDIA Corporation $NVDA Shares Purchased by LJI Wealth Management LLC

LJI Wealth Management LLC grew its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA) by 1.1% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 33,169 shares of the computer hardware maker’s stock after purchasing an additional 371 shares during the period. NVIDIA comprises 0.9% of LJI Wealth Management LLC’s investment portfolio, making the stock its 19th largest holding. LJI Wealth Management LLC’s holdings in NVIDIA were worth $5,240,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the business. Harbor Asset Planning Inc. purchased a new stake in shares of NVIDIA in the second quarter worth about $28,000. Kathleen S. Wright Associates Inc. lifted its position in NVIDIA by 169.3% during the 1st 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 in the last quarter. Barnes Dennig Private Wealth Management LLC purchased a new position in NVIDIA in the 1st quarter worth approximately $51,000. Legend Financial Advisors Inc. acquired a new stake in NVIDIA in the second quarter valued at approximately $55,000. Finally, Campbell Capital Management Inc. raised its stake in shares of NVIDIA by 5,900.0% during the first quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker’s stock valued at $65,000 after purchasing an additional 590 shares during the period. Hedge funds and other institutional investors own 65.27% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. Jefferies Financial Group upped their target price on shares of NVIDIA from $220.00 to $240.00 and gave the company a “buy” rating in a research note on Tuesday, November 4th. BNP Paribas Exane upped their price objective on shares of NVIDIA from $240.00 to $250.00 and gave the company an “outperform” rating in a research report on Tuesday. S&P Equity Research restated a “positive” rating on shares of NVIDIA in a research note on Wednesday, October 22nd. Bank of America boosted their price target on NVIDIA from $235.00 to $275.00 and gave the stock a “buy” rating in a research note on Wednesday, October 29th. Finally, Rosenblatt Securities raised their price objective on NVIDIA from $215.00 to $240.00 and gave the company a “buy” rating in a research note on Monday, November 3rd. Five equities research 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 issued a Sell rating to the company. Based on data from MarketBeat.com, NVIDIA has an average rating of “Buy” and a consensus target price of $240.49.

NVIDIA Stock Performance

NVIDIA stock opened at $181.36 on Wednesday. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.21 and a quick ratio of 3.60. NVIDIA Corporation has a 12 month low of $86.62 and a 12 month high of $212.19. The company has a fifty day moving average price of $186.18 and a two-hundred day moving average price of $167.35. The company has a market cap of $4.41 trillion, a PE ratio of 51.67, a P/E/G ratio of 1.49 and a beta of 2.11.

NVIDIA (NASDAQ:NVDA) last posted its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (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 company had revenue of $46.74 billion for the quarter, compared to the consensus estimate of $45.65 billion. During the same period last year, the firm posted $0.68 EPS. The company’s revenue for the quarter was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. Research analysts expect that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th were issued 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 is 1.14%.

Insider Activity

In related news, Director Mark A. Stevens sold 350,000 shares of the company’s stock in a transaction on Friday, September 19th. The stock was sold at an average price of $176.39, for a total transaction of $61,736,500.00. Following the completion of the transaction, the director directly owned 7,399,803 shares in the company, valued at $1,305,251,251.17. This represents a 4.52% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Jen Hsun Huang sold 75,000 shares of the stock in a transaction on Wednesday, September 10th. The stock was sold at an average price of $177.57, for a total value of $13,317,750.00. Following the completion of the sale, the chief executive officer directly owned 72,248,366 shares in the company, valued at $12,829,142,350.62. This represents a 0.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 3,251,577 shares of company stock valued at $583,143,187. 4.17% of the stock is currently owned by insiders.

About NVIDIA

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.