Quotient Wealth Partners LLC Buys 2,660 Shares of NVIDIA Corporation $NVDA

Quotient Wealth Partners LLC increased its stake in NVIDIA Corporation (NASDAQ:NVDA) by 2.8% during the second quarter, Holdings Channel reports. The firm owned 97,387 shares of the computer hardware maker’s stock after acquiring an additional 2,660 shares during the period. NVIDIA makes up approximately 0.5% of Quotient Wealth Partners LLC’s investment portfolio, making the stock its 27th biggest position. Quotient Wealth Partners LLC’s holdings in NVIDIA were worth $15,386,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Harbor Asset Planning Inc. acquired a new stake in shares of NVIDIA during the 2nd quarter worth approximately $28,000. Kathleen S. Wright Associates Inc. lifted its stake in NVIDIA by 169.3% during the first quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker’s stock worth $44,000 after purchasing an additional 254 shares during the last quarter. Barnes Dennig Private Wealth Management LLC acquired a new stake in shares of NVIDIA in the 1st quarter valued at $51,000. Legend Financial Advisors Inc. acquired a new stake in shares of NVIDIA in the 2nd quarter valued at $55,000. Finally, Campbell Capital Management Inc. increased its stake in shares of NVIDIA by 5,900.0% in the 1st quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker’s stock valued at $65,000 after purchasing an additional 590 shares during the last quarter. Institutional investors own 65.27% of the company’s stock.

NVIDIA Trading Down 3.0%

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 fifty-two week low of $86.62 and a fifty-two week high of $212.19. The company’s 50 day moving average price is $184.37 and its two-hundred day moving average price is $164.63. The firm 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.

NVIDIA (NASDAQ:NVDA) last released its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.01 by $0.04. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The firm 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 earned $0.68 earnings per share. The company’s revenue for the quarter was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. As a group, research analysts predict that NVIDIA Corporation will post 2.77 earnings per share 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%.

Insider Transactions at NVIDIA

In related news, CEO Jen Hsun Huang sold 25,000 shares of the company’s stock in a transaction that occurred 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 sale, the chief executive officer directly owned 69,733,203 shares in the company, valued at $14,498,230,235.73. This represents a 0.04% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Colette Kress sold 27,640 shares of the stock in a transaction that occurred 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 sale, the chief financial officer directly owned 2,828,122 shares of the company’s stock, valued at $589,182,656.26. This represents a 0.97% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 3,326,577 shares of company stock worth $596,625,187 in the last quarter. Corporate insiders own 4.17% of the company’s stock.

Analyst Upgrades and Downgrades

NVDA has been the topic of several research analyst reports. Morgan Stanley reaffirmed an “overweight” rating on shares of NVIDIA in a research note on Wednesday, October 29th. TD Cowen increased 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. Mizuho set a $235.00 price target on shares of NVIDIA in a research note on Wednesday, October 29th. Piper Sandler set a $225.00 price objective on shares of NVIDIA and gave the stock an “overweight” rating in a research report on Wednesday, August 13th. Finally, New Street Research restated a “buy” rating and issued a $307.00 target price on shares of NVIDIA in a research report on Thursday, October 30th. Five investment analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of $235.44.

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.