Greenbush Financial Group LLC Boosts Stake in NVIDIA Corporation $NVDA

Greenbush Financial Group LLC boosted its stake in NVIDIA Corporation (NASDAQ:NVDA) by 5.8% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 24,288 shares of the computer hardware maker’s stock after buying an additional 1,328 shares during the quarter. NVIDIA makes up about 1.7% of Greenbush Financial Group LLC’s holdings, making the stock its 18th biggest position. Greenbush Financial Group LLC’s holdings in NVIDIA were worth $3,837,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of NVDA. Kingstone Capital Partners Texas LLC raised its holdings in NVIDIA by 267,959.7% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 382,373,765 shares of the computer hardware maker’s stock valued at $64,976,521,000 after acquiring an additional 382,231,120 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in NVIDIA by 2.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 206,794,926 shares of the computer hardware maker’s stock valued at $22,412,434,000 after acquiring an additional 5,896,735 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in NVIDIA by 123.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 187,995,213 shares of the computer hardware maker’s stock valued at $20,374,921,000 after acquiring an additional 103,889,872 shares during the last quarter. Nuveen LLC acquired a new position in NVIDIA in the 1st quarter valued at $15,089,414,000. Finally, Amundi raised its holdings in NVIDIA by 16.0% in the 1st quarter. Amundi now owns 135,770,043 shares of the computer hardware maker’s stock valued at $13,826,199,000 after acquiring an additional 18,733,431 shares during the last quarter. Hedge funds and other institutional investors own 65.27% of the company’s stock.

NVIDIA Stock Down 4.9%

Shares of NVIDIA stock opened at $183.16 on Monday. The company has a fifty day moving average price of $179.16 and a 200 day moving average price of $151.02. The company has a current ratio of 4.21, a quick ratio of 3.60 and a debt-to-equity ratio of 0.08. NVIDIA Corporation has a twelve month low of $86.62 and a twelve month high of $195.62. The stock has a market cap of $4.45 trillion, a price-to-earnings ratio of 52.18, a price-to-earnings-growth ratio of 1.32 and a beta of 2.12.

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

NVIDIA Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 2nd. Investors of record on Thursday, September 11th were given a dividend of $0.01 per share. 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 is 1.14%.

Analysts Set New Price Targets

Several research analysts have weighed in on NVDA shares. Sanford C. Bernstein reiterated a “buy” rating on shares of NVIDIA in a report on Tuesday, September 23rd. Robert W. Baird upped their price objective on NVIDIA from $195.00 to $225.00 and gave the stock an “outperform” rating in a report on Monday, August 25th. Oppenheimer restated an “outperform” rating and set a $225.00 price objective (up from $200.00) on shares of NVIDIA in a report on Thursday, August 28th. DA Davidson upgraded NVIDIA from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $195.00 to $210.00 in a report on Thursday, September 11th. Finally, KeyCorp restated an “overweight” rating and set a $250.00 price objective (up from $230.00) on shares of NVIDIA in a report on Tuesday, September 30th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $212.84.

Insiders Place Their Bets

In other NVIDIA news, CEO Jen Hsun Huang sold 75,000 shares of the company’s stock in a transaction dated Friday, October 10th. The shares were sold at an average price of $190.20, for a total value of $14,265,000.00. Following the completion of the transaction, the chief executive officer directly owned 70,558,203 shares of the company’s stock, valued at $13,420,170,210.60. This represents a 0.11% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Colette Kress sold 30,500 shares of the company’s stock in a transaction dated Friday, September 19th. The shares were sold at an average price of $176.40, for a total transaction of $5,380,200.00. Following the completion of the transaction, the chief financial officer directly owned 2,883,402 shares of the company’s stock, valued at approximately $508,632,112.80. The trade was a 1.05% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 3,801,587 shares of company stock valued at $673,950,484. 4.17% of the stock is owned by corporate 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.