NVIDIA Corporation $NVDA Shares Purchased by Conway Capital Management Inc.

Conway Capital Management Inc. grew its stake in shares of NVIDIA Corporation (NASDAQ:NVDA) by 1.3% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 143,562 shares of the computer hardware maker’s stock after acquiring an additional 1,853 shares during the quarter. NVIDIA comprises about 10.1% of Conway Capital Management Inc.’s portfolio, making the stock its 4th biggest holding. Conway Capital Management Inc.’s holdings in NVIDIA were worth $22,681,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of NVDA. Kingstone Capital Partners Texas LLC lifted its holdings in shares of NVIDIA by 267,959.7% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 382,373,765 shares of the computer hardware maker’s stock worth $64,976,521,000 after acquiring an additional 382,231,120 shares during the period. Nuveen LLC bought a new stake in NVIDIA during the first quarter worth $15,089,414,000. Goldman Sachs Group Inc. lifted its stake 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. Amundi boosted its holdings in shares of 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 purchasing an additional 18,733,431 shares in the last quarter. Finally, Strs Ohio bought a new position in shares of NVIDIA in the 1st quarter valued at $1,163,288,000. Institutional investors own 65.27% of the company’s stock.

Insider Transactions at NVIDIA

In other NVIDIA news, Director Harvey C. Jones sold 250,000 shares of the stock in a transaction that occurred on 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 sale, the director owned 7,183,280 shares of the company’s stock, valued at approximately $1,265,765,768.80. This represents a 3.36% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Mark A. Stevens sold 350,000 shares of the business’s stock in a transaction that occurred on Friday, September 19th. The stock was sold at an average price of $176.39, for a total transaction of $61,736,500.00. Following the completion of the transaction, the director owned 7,399,803 shares in the company, valued at $1,305,251,251.17. This trade represents a 4.52% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 3,326,577 shares of company stock worth $596,625,187 over the last ninety days. 4.17% of the stock is owned by insiders.

Analysts Set New Price Targets

Several research firms recently weighed in on NVDA. Needham & Company LLC raised their price objective on NVIDIA from $200.00 to $240.00 and gave the company a “buy” rating in a research note on Wednesday, October 29th. Stifel Nicolaus raised their price target on shares of NVIDIA from $202.00 to $212.00 and gave the company a “buy” rating in a research note on Monday, August 25th. DA Davidson set a $250.00 price objective on shares of NVIDIA and gave the stock a “buy” rating in a research report on Wednesday, October 29th. TD Cowen increased their price objective on shares of NVIDIA from $140.00 to $235.00 and gave the company a “buy” rating in a research note on Tuesday, August 19th. Finally, Oppenheimer reaffirmed an “outperform” rating and set a $225.00 target price (up previously from $200.00) on shares of NVIDIA in a research note on Thursday, August 28th. Five analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, NVIDIA has an average rating of “Buy” and an average target price of $235.44.

NVIDIA Trading Down 3.0%

Shares of NASDAQ NVDA opened at $193.16 on Wednesday. The firm has a 50 day moving average price of $184.37 and a two-hundred day moving average price of $164.63. The stock has a market cap of $4.69 trillion, a P/E ratio of 55.03, a price-to-earnings-growth ratio of 1.49 and a beta of 2.11. NVIDIA Corporation has a 52-week low of $86.62 and a 52-week high of $212.19. 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 (NASDAQ:NVDA) last issued its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.04. The company had revenue of $46.74 billion for the quarter, compared to analysts’ expectations of $45.65 billion. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. NVIDIA’s revenue for the quarter was up 55.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. As a group, equities analysts forecast that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 2nd. Shareholders of record on Thursday, September 11th were given a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.0%. The ex-dividend date was Thursday, September 11th. 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.