Swmg LLC Grows Holdings in NVIDIA Corporation $NVDA

Swmg LLC increased its holdings in NVIDIA Corporation (NASDAQ:NVDA) by 71.2% in the 2nd quarter, Holdings Channel reports. The fund owned 7,290 shares of the computer hardware maker’s stock after buying an additional 3,032 shares during the quarter. Swmg LLC’s holdings in NVIDIA were worth $1,152,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Harbor Asset Planning Inc. purchased a new stake in shares of NVIDIA in the 2nd quarter worth approximately $28,000. Legend Financial Advisors Inc. bought a new stake in NVIDIA in the second quarter worth $55,000. Kathleen S. Wright Associates Inc. grew its stake in shares of NVIDIA by 169.3% in the first 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 during the last quarter. Westend Capital Management LLC increased its holdings in shares of NVIDIA by 46.8% during the second quarter. Westend Capital Management LLC now owns 455 shares of the computer hardware maker’s stock valued at $72,000 after acquiring an additional 145 shares in the last quarter. Finally, Barnes Dennig Private Wealth Management LLC purchased a new position in shares of NVIDIA in the 1st quarter worth about $51,000. Institutional investors own 65.27% of the company’s stock.

Insider Activity at NVIDIA

In other news, CFO Colette Kress sold 27,640 shares of the business’s stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $208.33, for a total transaction of $5,758,241.20. Following the completion of the sale, the chief financial officer owned 2,828,122 shares of the company’s stock, valued at $589,182,656.26. The trade was a 0.97% 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 25,000 shares of the company’s stock in a transaction on Wednesday, October 29th. The stock was sold at an average price of $207.91, for a total value of $5,197,750.00. Following the completion of the sale, the chief executive officer owned 69,733,203 shares of the company’s stock, valued at $14,498,230,235.73. This trade represents a 0.04% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 3,326,577 shares of company stock valued at $596,625,187 over the last 90 days. 4.17% of the stock is currently owned by company insiders.

NVIDIA Price Performance

NASDAQ NVDA opened at $193.16 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 1-year low of $86.62 and a 1-year high of $212.19. The stock has a market capitalization of $4.69 trillion, a price-to-earnings ratio of 55.03, a PEG ratio of 1.49 and a beta of 2.11. The business’s fifty day moving average price is $184.37 and its 200-day moving average price is $164.63.

NVIDIA (NASDAQ:NVDA) last posted its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share for the quarter, beating analysts’ consensus estimates of $1.01 by $0.04. The company had revenue of $46.74 billion for the quarter, compared to the consensus estimate of $45.65 billion. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.NVIDIA’s revenue was up 55.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. On average, equities analysts predict that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 2nd. Investors 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 dividend on an annualized basis and a dividend yield of 0.0%. NVIDIA’s dividend payout ratio (DPR) is presently 1.14%.

Analyst Ratings Changes

NVDA has been the subject of a number of analyst reports. Craig Hallum raised their price objective on shares of NVIDIA from $195.00 to $245.00 and gave the company a “buy” rating in a research note on Thursday, August 28th. President Capital raised their price target on shares of NVIDIA from $210.00 to $240.00 and gave the company a “buy” rating in a research report on Thursday, October 30th. Arete boosted their price objective on shares of NVIDIA from $235.00 to $244.00 and gave the stock a “buy” rating in a report on Tuesday, October 14th. DA Davidson set a $250.00 target price on NVIDIA and gave the company a “buy” rating in a research note on Wednesday, October 29th. Finally, Jefferies Financial Group boosted their price target on NVIDIA from $220.00 to $240.00 and gave the stock a “buy” rating in a research note on Tuesday, November 4th. Five equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, NVIDIA presently has an average rating of “Buy” and an average price target of $235.44.

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.