LJI Wealth Management LLC Increases Stock Position in NVIDIA Corporation $NVDA

LJI Wealth Management LLC lifted its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA) by 1.1% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 33,169 shares of the computer hardware maker’s stock after buying an additional 371 shares during the period. NVIDIA comprises 0.9% of LJI Wealth Management LLC’s investment portfolio, making the stock its 19th biggest holding. LJI Wealth Management LLC’s holdings in NVIDIA were worth $5,240,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the business. Morton Brown Family Wealth LLC increased its holdings in shares of NVIDIA by 1.5% in 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. Roof Eidam Maycock Peralta LLC grew its position in NVIDIA by 0.3% during the second quarter. Roof Eidam Maycock Peralta LLC now owns 20,903 shares of the computer hardware maker’s stock worth $3,302,000 after buying an additional 58 shares during the period. Alpha Wealth Funds LLC increased its holdings in NVIDIA by 1.3% in the second quarter. Alpha Wealth Funds LLC now owns 4,634 shares of the computer hardware maker’s stock valued at $732,000 after buying an additional 59 shares in the last quarter. Copia Wealth Management lifted its position in shares of NVIDIA by 14.7% during the 2nd quarter. Copia Wealth Management now owns 468 shares of the computer hardware maker’s stock valued at $74,000 after acquiring an additional 60 shares during the period. Finally, BKM Wealth Management LLC boosted its stake in shares of NVIDIA by 1.1% during the 2nd quarter. BKM Wealth Management LLC now owns 5,745 shares of the computer hardware maker’s stock worth $908,000 after acquiring an additional 60 shares in the last quarter. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director Mark A. Stevens sold 350,000 shares of the stock in a transaction dated Friday, September 19th. The shares were sold at an average price of $176.39, for a total transaction of $61,736,500.00. Following the transaction, the director directly owned 7,399,803 shares in the company, valued at $1,305,251,251.17. This represents a 4.52% 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 that occurred on Wednesday, September 10th. The shares were sold at an average price of $177.57, for a total transaction of $13,317,750.00. Following the completion of the sale, the chief executive officer owned 72,248,366 shares of the company’s stock, valued at approximately $12,829,142,350.62. The trade was a 0.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 3,251,577 shares of company stock valued at $583,143,187 in the last 90 days. 4.17% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

NVDA has been the subject of several research analyst reports. BNP Paribas Exane raised their price objective on NVIDIA from $240.00 to $250.00 and gave the company an “outperform” rating in a research note on Tuesday. Rothschild & Co Redburn raised their price target on NVIDIA from $211.00 to $245.00 and gave the company a “buy” rating in a research report on Monday. Arete boosted their price objective on shares of NVIDIA from $235.00 to $244.00 and gave the stock a “buy” rating in a research report on Tuesday, October 14th. JPMorgan Chase & Co. reissued a “buy” rating on shares of NVIDIA in a research note on Monday. Finally, Wells Fargo & Company restated an “overweight” rating and set a $265.00 target price (up from $220.00) on shares of NVIDIA in a report on Friday. Five investment analysts have rated the stock with a Strong Buy rating, forty-one have given a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $240.49.

NVIDIA Stock Down 2.8%

Shares of NASDAQ NVDA opened at $181.36 on Wednesday. The firm has a market cap of $4.41 trillion, a P/E ratio of 51.67, a price-to-earnings-growth ratio of 1.49 and a beta of 2.11. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.60 and a current ratio of 4.21. NVIDIA Corporation has a 1 year low of $86.62 and a 1 year high of $212.19. The firm’s 50 day moving average price is $186.18 and its 200 day moving average price is $167.35.

NVIDIA (NASDAQ:NVDA) last issued 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. The company had revenue of $46.74 billion for the quarter, compared to analyst estimates of $45.65 billion. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The business’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 EPS. NVIDIA has set its Q3 2026 guidance at EPS. As a group, sell-side analysts anticipate that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Announces Dividend

The firm also recently declared 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 was Thursday, September 11th. This represents a $0.04 annualized dividend and a yield of 0.0%. NVIDIA’s payout ratio is 1.14%.

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.