Jackson Hole Capital Partners LLC Increases Stake in NVIDIA Corporation $NVDA

Jackson Hole Capital Partners LLC raised its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA) by 13.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 18,024 shares of the computer hardware maker’s stock after acquiring an additional 2,159 shares during the quarter. Jackson Hole Capital Partners LLC’s holdings in NVIDIA were worth $2,848,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Astoria Portfolio Advisors LLC. raised its position in shares of NVIDIA by 0.9% during the 1st quarter. Astoria Portfolio Advisors LLC. now owns 93,568 shares of the computer hardware maker’s stock valued at $9,610,000 after purchasing an additional 864 shares during the period. Fielder Capital Group LLC increased its stake in NVIDIA by 9.7% in the 1st quarter. Fielder Capital Group LLC now owns 50,469 shares of the computer hardware maker’s stock worth $5,470,000 after buying an additional 4,444 shares in the last quarter. MADDEN SECURITIES Corp raised its holdings in NVIDIA by 3.2% during the second quarter. MADDEN SECURITIES Corp now owns 81,322 shares of the computer hardware maker’s stock valued at $12,848,000 after acquiring an additional 2,484 shares during the period. Sentinel Pension Advisors LLC raised its holdings in NVIDIA by 4.1% during the second quarter. Sentinel Pension Advisors LLC now owns 2,743 shares of the computer hardware maker’s stock valued at $433,000 after acquiring an additional 107 shares during the period. Finally, ORG Wealth Partners LLC lifted its position in shares of NVIDIA by 7.7% in the second quarter. ORG Wealth Partners LLC now owns 49,301 shares of the computer hardware maker’s stock valued at $7,560,000 after acquiring an additional 3,542 shares in the last quarter. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

NVDA has been the topic of several recent analyst reports. Weiss Ratings reissued a “buy (b-)” rating on shares of NVIDIA in a research note on Thursday, November 13th. Arete increased their price objective on shares of NVIDIA from $235.00 to $244.00 and gave the company a “buy” rating in a report on Tuesday, October 14th. TD Cowen boosted their target price on shares of NVIDIA from $140.00 to $235.00 and gave the stock a “buy” rating in a report on Tuesday, August 19th. Bank of America upped their target price on shares of NVIDIA from $235.00 to $275.00 and gave the stock a “buy” rating in a research report on Wednesday, October 29th. Finally, BNP Paribas upgraded shares of NVIDIA to a “hold” rating in a report on Friday, August 1st. Five investment analysts have rated the stock with a Strong Buy rating, forty-one have given a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, NVIDIA currently has an average rating of “Buy” and a consensus price target of $240.49.

Insider Activity

In other news, CEO Jen Hsun Huang sold 75,000 shares of the stock in a transaction that occurred on Wednesday, September 10th. The stock was sold at an average price of $177.57, for a total value of $13,317,750.00. Following the sale, the chief executive officer directly owned 72,248,366 shares in the company, valued at approximately $12,829,142,350.62. This represents a 0.10% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Mark A. Stevens sold 350,000 shares of the business’s stock in a transaction on Friday, September 19th. The shares were sold at an average price of $176.39, for a total value of $61,736,500.00. Following the transaction, the director owned 7,399,803 shares of the company’s stock, valued at approximately $1,305,251,251.17. The trade was a 4.52% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 3,251,577 shares of company stock valued at $583,143,187. 4.17% of the stock is currently owned by insiders.

NVIDIA Stock Up 2.8%

Shares of NVDA opened at $186.52 on Thursday. NVIDIA Corporation has a 52-week low of $86.62 and a 52-week high of $212.19. The company has a market cap of $4.53 trillion, a PE ratio of 53.14, a P/E/G ratio of 1.49 and a beta of 2.11. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08. The business has a fifty day moving average of $186.37 and a 200 day moving average of $167.48.

NVIDIA (NASDAQ:NVDA) last released its quarterly earnings results on Wednesday, November 19th. The computer hardware maker reported $1.30 EPS for the quarter, topping analysts’ consensus estimates of $1.23 by $0.07. The firm had revenue of $57.01 billion during the quarter, compared to analysts’ expectations of $54.66 billion. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The firm’s revenue for the quarter was up 62.5% compared to the same quarter last year. During the same period in the previous year, the company earned $0.81 EPS. NVIDIA has set its Q4 2026 guidance at EPS. On average, sell-side 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 will be paid on Friday, December 26th. Stockholders of record on Thursday, December 4th will be paid a dividend of $0.01 per share. The ex-dividend date of this dividend is Thursday, December 4th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.0%. NVIDIA’s dividend payout ratio is currently 1.14%.

NVIDIA Company 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.