Oxbow Advisors LLC boosted its position in shares of NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 6.1% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 13,688 shares of the computer hardware maker’s stock after purchasing an additional 793 shares during the period. Oxbow Advisors LLC’s holdings in NVIDIA were worth $2,163,000 at the end of the most recent quarter.
Several other large investors have also recently added to or reduced their stakes in the company. Morton Brown Family Wealth LLC increased its holdings in NVIDIA by 1.5% during the 2nd quarter. Morton Brown Family Wealth LLC now owns 3,928 shares of the computer hardware maker’s stock valued at $621,000 after purchasing an additional 58 shares in the last quarter. Copia Wealth Management grew its holdings in shares of NVIDIA by 14.7% during the second quarter. Copia Wealth Management now owns 468 shares of the computer hardware maker’s stock worth $74,000 after purchasing an additional 60 shares during the last quarter. Pachira Investments Inc. increased its stake in shares of NVIDIA by 1.0% in the second quarter. Pachira Investments Inc. now owns 6,450 shares of the computer hardware maker’s stock valued at $1,019,000 after buying an additional 63 shares in the last quarter. Warner Financial Inc. raised its holdings in shares of NVIDIA by 2.3% in the second quarter. Warner Financial Inc. now owns 2,911 shares of the computer hardware maker’s stock valued at $460,000 after buying an additional 66 shares during the last quarter. Finally, HFG Wealth Management LLC raised its holdings in shares of NVIDIA by 3.4% in the second quarter. HFG Wealth Management LLC now owns 2,075 shares of the computer hardware maker’s stock valued at $328,000 after buying an additional 68 shares during the last quarter. 65.27% of the stock is owned by institutional investors.
Insider Transactions at NVIDIA
In other news, CEO Jen Hsun Huang sold 25,000 shares of NVIDIA stock in a transaction dated 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 $14,498,230,235.73. The trade was a 0.04% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Colette Kress sold 27,640 shares of the business’s stock in a transaction that occurred 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 transaction, the chief financial officer owned 2,828,122 shares of the company’s stock, valued at $589,182,656.26. This represents a 0.97% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 3,401,577 shares of company stock worth $610,228,687. 4.17% of the stock is currently owned by insiders.
NVIDIA Stock Up 0.0%
NVIDIA (NASDAQ:NVDA – Get Free Report) last posted its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share for the quarter, topping the consensus estimate 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 analyst estimates of $45.65 billion. During the same period last year, the business posted $0.68 earnings per share. The business’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. Analysts expect that NVIDIA Corporation will post 2.77 EPS for the current year.
NVIDIA Dividend Announcement
The firm also recently announced 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 payout ratio is presently 1.14%.
Wall Street Analysts Forecast Growth
Several research firms have weighed in on NVDA. Needham & Company LLC raised their price objective on shares of NVIDIA from $200.00 to $240.00 and gave the company a “buy” rating in a research report on Wednesday, October 29th. Bank of America increased their price target on shares of NVIDIA from $235.00 to $275.00 and gave the company a “buy” rating in a research note on Wednesday, October 29th. UBS Group set a $235.00 price objective on shares of NVIDIA and gave the stock a “buy” rating in a research report on Wednesday, October 29th. HSBC set a $320.00 price objective on NVIDIA and gave the stock a “buy” rating in a report on Wednesday, October 15th. Finally, President Capital lifted their target price on NVIDIA from $210.00 to $240.00 and gave the company a “buy” rating in a research note on Thursday, October 30th. Five equities research analysts have rated the stock with a Strong Buy rating, forty-one have assigned a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, NVIDIA presently has a consensus rating of “Buy” and an average price target of $233.75.
Get Our Latest Stock Report on NVIDIA
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.
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