Perfromance Wealth Partners LLC Buys 31,407 Shares of NVIDIA Corporation $NVDA

Perfromance Wealth Partners LLC grew its position in shares of NVIDIA Corporation (NASDAQ:NVDA) by 2.3% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,381,748 shares of the computer hardware maker’s stock after purchasing an additional 31,407 shares during the quarter. NVIDIA makes up about 7.0% of Perfromance Wealth Partners LLC’s portfolio, making the stock its 5th biggest holding. Perfromance Wealth Partners LLC’s holdings in NVIDIA were worth $218,302,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of NVDA. Kingstone Capital Partners Texas LLC lifted its stake 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 buying an additional 382,231,120 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of 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 worth $22,412,434,000 after acquiring an additional 5,896,735 shares during the last quarter. Goldman Sachs Group Inc. increased its position in NVIDIA by 123.5% during the first quarter. Goldman Sachs Group Inc. now owns 187,995,213 shares of the computer hardware maker’s stock worth $20,374,921,000 after purchasing an additional 103,889,872 shares during the last quarter. Nuveen LLC purchased a new stake in shares of NVIDIA during the 1st quarter valued at approximately $15,089,414,000. Finally, Amundi raised its position in NVIDIA by 16.0% in the first quarter. Amundi now owns 135,770,043 shares of the computer hardware maker’s stock valued at $13,826,199,000 after purchasing an additional 18,733,431 shares during the period. Institutional investors and hedge funds own 65.27% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on NVDA shares. Cantor Fitzgerald restated an “overweight” rating and issued a $300.00 price objective on shares of NVIDIA in a report on Wednesday, October 29th. Melius Research set a $300.00 price objective on NVIDIA in a research report on Wednesday, October 29th. TD Cowen increased their target price on NVIDIA from $140.00 to $235.00 and gave the company a “buy” rating in a report on Tuesday, August 19th. Weiss Ratings reissued a “buy (b)” rating on shares of NVIDIA in a report on Wednesday, October 8th. Finally, New Street Research reiterated a “buy” rating and set a $307.00 target price on shares of NVIDIA in a research report 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 given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, NVIDIA currently has an average rating of “Buy” and an average price target of $233.75.

NVIDIA Stock Down 3.7%

NVIDIA stock opened at $188.08 on Friday. The company has a market cap of $4.57 trillion, a PE ratio of 53.58, a price-to-earnings-growth ratio of 1.49 and a beta of 2.11. NVIDIA Corporation has a 1-year low of $86.62 and a 1-year high of $212.19. The stock’s 50 day moving average price is $183.15 and its 200 day moving average price is $161.90. 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 (NASDAQ:NVDA) last announced its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, beating 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 business had revenue of $46.74 billion during the quarter, compared to the consensus estimate of $45.65 billion. During the same quarter last year, the firm posted $0.68 EPS. The business’s revenue was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. On average, sell-side analysts predict that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Announces Dividend

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

Insider Buying and Selling at NVIDIA

In other news, CEO Jen Hsun Huang sold 75,000 shares of the company’s stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $169.65, for a total value of $12,723,750.00. Following the sale, the chief executive officer directly owned 72,698,366 shares in the company, valued at $12,333,277,791.90. This represents a 0.10% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Harvey C. Jones sold 250,000 shares of the company’s stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $176.21, for a total transaction of $44,052,500.00. Following the completion of the transaction, the director owned 7,183,280 shares in the company, valued at approximately $1,265,765,768.80. This trade represents a 3.36% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 3,476,577 shares of company stock worth $623,934,187. 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.