Strata Wealth Advisors LLC boosted its position in shares of NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 16.5% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 23,679 shares of the computer hardware maker’s stock after buying an additional 3,355 shares during the quarter. NVIDIA accounts for 1.0% of Strata Wealth Advisors LLC’s investment portfolio, making the stock its 18th largest holding. Strata Wealth Advisors LLC’s holdings in NVIDIA were worth $3,741,000 as of its most recent SEC filing.
A number of other hedge funds have also bought and sold shares of NVDA. Astoria Portfolio Advisors LLC. lifted its stake in NVIDIA by 0.9% in the first quarter. Astoria Portfolio Advisors LLC. now owns 93,568 shares of the computer hardware maker’s stock worth $9,610,000 after acquiring an additional 864 shares during the period. Fielder Capital Group LLC raised its holdings in shares of NVIDIA by 9.7% in the 1st quarter. Fielder Capital Group LLC now owns 50,469 shares of the computer hardware maker’s stock valued at $5,470,000 after purchasing an additional 4,444 shares in the last quarter. MADDEN SECURITIES Corp lifted its position 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 worth $12,848,000 after purchasing an additional 2,484 shares during the period. Sentinel Pension Advisors LLC boosted its stake in shares of NVIDIA by 4.1% during 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 in the last quarter. Finally, ORG Wealth Partners LLC increased its holdings in NVIDIA by 7.7% during the second quarter. ORG Wealth Partners LLC now owns 49,301 shares of the computer hardware maker’s stock valued at $7,560,000 after buying an additional 3,542 shares during the period. Institutional investors own 65.27% of the company’s stock.
Insider Activity at NVIDIA
In related news, Director Harvey C. Jones sold 250,000 shares of the firm’s stock in a transaction on Thursday, September 18th. The stock was sold at an average price of $176.21, for a total value of $44,052,500.00. Following the completion of the transaction, the director owned 7,183,280 shares in the company, valued at $1,265,765,768.80. This trade represents a 3.36% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Jen Hsun Huang sold 75,000 shares of the business’s stock in a transaction dated Wednesday, September 10th. The shares were sold at an average price of $177.57, for a total value of $13,317,750.00. Following the sale, the chief executive officer owned 72,248,366 shares in the company, valued at approximately $12,829,142,350.62. The trade was a 0.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 3,251,577 shares of company stock valued at $583,143,187 in the last ninety days. Company insiders own 4.17% of the company’s stock.
NVIDIA Trading Down 2.8%
NVIDIA (NASDAQ:NVDA – Get Free Report) last posted its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) 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 the consensus estimate of $45.65 billion. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The company’s revenue for the quarter was up 55.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.68 earnings per share. 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 Announces Dividend
The business also recently disclosed 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 dividend on an annualized basis and a dividend yield of 0.0%. NVIDIA’s payout ratio is 1.14%.
Wall Street Analysts Forecast Growth
A number of research firms have weighed in on NVDA. Benchmark upped their target price on NVIDIA from $190.00 to $220.00 and gave the stock a “buy” rating in a report on Thursday, August 28th. Rosenblatt Securities boosted their price target on NVIDIA from $215.00 to $240.00 and gave the stock a “buy” rating in a research report on Monday, November 3rd. Piper Sandler set a $225.00 price objective on NVIDIA and gave the company an “overweight” rating in a research report on Wednesday, August 13th. Melius Research set a $300.00 target price on NVIDIA in a research note on Wednesday, October 29th. Finally, UBS Group reissued a “buy” rating on shares of NVIDIA in a research report on Monday, November 10th. Five 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 currently has a consensus rating of “Buy” and an average price target of $240.49.
View Our Latest Research Report on NVIDIA
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.
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