NVIDIA Corporation $NVDA Shares Purchased by Wallace Advisory Group LLC

Wallace Advisory Group LLC increased its position in shares of NVIDIA Corporation (NASDAQ:NVDA) by 12.4% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 12,964 shares of the computer hardware maker’s stock after buying an additional 1,430 shares during the period. NVIDIA accounts for 1.4% of Wallace Advisory Group LLC’s holdings, making the stock its 12th biggest position. Wallace Advisory Group LLC’s holdings in NVIDIA were worth $2,048,000 at the end of the most recent reporting period.

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

Insiders Place Their Bets

In other news, CFO Colette Kress sold 27,640 shares of the company’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $208.33, for a total value of $5,758,241.20. Following the transaction, the chief financial officer 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 sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Jen Hsun Huang sold 25,000 shares of the stock in a transaction 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 transaction, the chief executive officer owned 69,733,203 shares of the company’s stock, valued at approximately $14,498,230,235.73. This represents a 0.04% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 3,251,577 shares of company stock worth $583,143,187 in the last 90 days. Company insiders own 4.17% of the company’s stock.

Analyst Ratings Changes

Several research firms recently issued reports on NVDA. Piper Sandler set a $225.00 price objective on NVIDIA and gave the stock an “overweight” rating in a report on Wednesday, August 13th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $240.00 price target (up from $210.00) on shares of NVIDIA in a research note on Friday, October 31st. New Street Research reissued a “buy” rating and issued a $307.00 price objective on shares of NVIDIA in a research note on Thursday, October 30th. Stifel Nicolaus lifted their target price on shares of NVIDIA from $202.00 to $212.00 and gave the stock a “buy” rating in a research note on Monday, August 25th. Finally, Hsbc Global Res raised shares of NVIDIA from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 15th. Five research analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, NVIDIA has an average rating of “Buy” and an average target price of $239.15.

NVIDIA Price Performance

NVIDIA stock opened at $190.17 on Friday. The company has a current ratio of 4.21, a quick ratio of 3.60 and a debt-to-equity ratio of 0.08. The stock has a market cap of $4.62 trillion, a P/E ratio of 54.18, a PEG ratio of 1.49 and a beta of 2.11. The company has a 50-day moving average price of $185.60 and a 200 day moving average price of $165.95. NVIDIA Corporation has a 12-month low of $86.62 and a 12-month high of $212.19.

NVIDIA (NASDAQ:NVDA) last posted its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.04. The business had revenue of $46.74 billion during 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%. The business’s revenue for the quarter was up 55.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. 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 announced a quarterly dividend, which was paid on Thursday, October 2nd. Shareholders of record on Thursday, September 11th were paid a dividend of $0.01 per share. The ex-dividend date of this dividend was Thursday, September 11th. This represents a $0.04 annualized dividend and a yield of 0.0%. NVIDIA’s dividend payout ratio (DPR) 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.