Triton Wealth Management PLLC Invests $9.32 Million in NVIDIA Corporation $NVDA

Triton Wealth Management PLLC acquired a new stake in NVIDIA Corporation (NASDAQ:NVDA) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 53,623 shares of the computer hardware maker’s stock, valued at approximately $9,316,000. NVIDIA makes up about 4.0% of Triton Wealth Management PLLC’s portfolio, making the stock its 6th largest position.

Other hedge funds have also recently bought and sold shares of the company. Sterling Financial Planning Inc. increased its holdings in shares of NVIDIA by 4.2% in the second quarter. Sterling Financial Planning Inc. now owns 1,930 shares of the computer hardware maker’s stock valued at $305,000 after buying an additional 78 shares in the last quarter. Curated Wealth Partners LLC lifted its stake in NVIDIA by 20.3% in the 2nd quarter. Curated Wealth Partners LLC now owns 42,413 shares of the computer hardware maker’s stock worth $6,701,000 after acquiring an additional 7,143 shares in the last quarter. Private Wealth Asset Management LLC lifted its position in NVIDIA by 53.1% in the 2nd quarter. Private Wealth Asset Management LLC now owns 19,911 shares of the computer hardware maker’s stock worth $3,146,000 after buying an additional 6,903 shares in the last quarter. Harbour Investments Inc. raised its stake in shares of NVIDIA by 1.1% during the 2nd quarter. Harbour Investments Inc. now owns 251,273 shares of the computer hardware maker’s stock worth $39,699,000 after purchasing an additional 2,789 shares in the last quarter. Finally, Mitchell Mcleod Pugh & Williams Inc. raised its holdings in shares of NVIDIA by 1.6% during the 2nd quarter. Mitchell Mcleod Pugh & Williams Inc. now owns 87,893 shares of the computer hardware maker’s stock valued at $13,886,000 after purchasing an additional 1,393 shares in the last quarter. 65.27% of the stock is owned by institutional investors and hedge funds.

NVIDIA Stock Up 0.0%

NVIDIA stock opened at $188.15 on Friday. NVIDIA Corporation has a twelve month low of $86.62 and a twelve month high of $212.19. 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 stock has a market cap of $4.57 trillion, a P/E ratio of 53.60, a P/E/G ratio of 1.49 and a beta of 2.11. The company’s 50-day moving average price is $183.43 and its two-hundred day moving average price is $162.53.

NVIDIA (NASDAQ:NVDA) last posted 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. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The business had revenue of $46.74 billion during the quarter, compared to analysts’ expectations of $45.65 billion. During the same quarter in the prior year, the business posted $0.68 earnings per share. NVIDIA’s revenue was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. As a group, analysts expect that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Dividend Announcement

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

Analysts Set New Price Targets

A number of research firms recently issued reports on NVDA. Melius Research set a $300.00 target price on shares of NVIDIA in a research note on Wednesday, October 29th. Morgan Stanley reiterated an “overweight” rating on shares of NVIDIA in a research report on Wednesday, October 29th. Hsbc Global Res raised NVIDIA from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 15th. Daiwa Capital Markets boosted their target price on NVIDIA from $165.00 to $205.00 and gave the stock an “outperform” rating in a report on Wednesday, September 17th. Finally, Seaport Global Securities reissued a “sell” rating on shares of NVIDIA in a report on Wednesday, October 29th. Five equities research analysts have rated the stock with a Strong Buy rating, forty-one have given a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $233.75.

Insider Activity at NVIDIA

In other news, CEO Jen Hsun Huang sold 25,000 shares of the stock in a transaction on Wednesday, October 29th. The shares were sold at an average price of $207.91, for a total transaction of $5,197,750.00. Following the completion of 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 transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Colette Kress sold 27,640 shares of NVIDIA stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $208.33, for a total transaction of $5,758,241.20. Following the transaction, 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 3,476,577 shares of company stock worth $623,934,187 over the last quarter. 4.17% of the stock is currently owned by company insiders.

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.