Greykasell Wealth Strategies Inc. Buys 709 Shares of NVIDIA Corporation $NVDA

Greykasell Wealth Strategies Inc. boosted its stake in shares of NVIDIA Corporation (NASDAQ:NVDA) by 3.9% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 18,905 shares of the computer hardware maker’s stock after purchasing an additional 709 shares during the period. NVIDIA comprises approximately 1.1% of Greykasell Wealth Strategies Inc.’s investment portfolio, making the stock its 25th biggest holding. Greykasell Wealth Strategies Inc.’s holdings in NVIDIA were worth $2,049,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Kathleen S. Wright Associates Inc. lifted its holdings 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 valued at $44,000 after purchasing an additional 254 shares during the last quarter. Copia Wealth Management purchased a new stake in NVIDIA during the fourth quarter valued at about $50,000. Barnes Dennig Private Wealth Management LLC purchased a new stake in NVIDIA during the first quarter valued at about $51,000. Bruce G. Allen Investments LLC lifted its holdings in NVIDIA by 198.2% during the first quarter. Bruce G. Allen Investments LLC now owns 492 shares of the computer hardware maker’s stock valued at $53,000 after purchasing an additional 327 shares during the last quarter. Finally, LSV Asset Management purchased a new stake in NVIDIA during the fourth quarter valued at about $54,000. Institutional investors own 65.27% of the company’s stock.

Insider Activity at NVIDIA

In other NVIDIA news, EVP Ajay K. Puri sold 168,195 shares of the stock in a transaction that occurred on Wednesday, June 25th. The shares were sold at an average price of $152.64, for a total transaction of $25,673,284.80. Following the transaction, the executive vice president directly owned 4,018,547 shares in the company, valued at $613,391,014.08. This trade represents a 4.02% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Mark A. Stevens sold 608,248 shares of the stock in a transaction that occurred on Wednesday, June 18th. The shares were sold at an average price of $145.26, for a total transaction of $88,354,104.48. Following the transaction, the director owned 8,247,600 shares in the company, valued at $1,198,046,376. The trade was a 6.87% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 4,872,755 shares of company stock valued at $764,283,330 in the last ninety days. 4.17% of the stock is currently owned by company insiders.

NVIDIA Stock Down 2.7%

NVDA stock opened at $167.02 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 company’s 50 day moving average is $172.73 and its 200 day moving average is $140.20. The stock has a market cap of $4.06 trillion, a price-to-earnings ratio of 47.58, a price-to-earnings-growth ratio of 1.25 and a beta of 2.10. NVIDIA Corporation has a 1-year low of $86.62 and a 1-year high of $184.48.

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. 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% compared to the same quarter last year. During the same period in the prior year, the business earned $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. Sell-side analysts predict that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 2nd. Investors of record on Thursday, September 11th will be given a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. The ex-dividend date is Thursday, September 11th. NVIDIA’s dividend payout ratio is 1.14%.

Analyst Ratings Changes

Several equities research analysts have commented on NVDA shares. Rosenblatt Securities upped their price objective on shares of NVIDIA from $200.00 to $215.00 and gave the company a “buy” rating in a report on Thursday, August 28th. Wall Street Zen raised shares of NVIDIA from a “hold” rating to a “buy” rating in a report on Friday. Mizuho upped their price objective on shares of NVIDIA from $192.00 to $205.00 and gave the company an “outperform” rating in a report on Thursday, August 14th. Morgan Stanley increased their price target on shares of NVIDIA from $206.00 to $210.00 and gave the stock an “overweight” rating in a report on Thursday, August 28th. Finally, The Goldman Sachs Group reissued a “buy” rating and issued a $200.00 price target on shares of NVIDIA in a report on Wednesday, August 27th. Four research analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, NVIDIA currently has a consensus rating of “Moderate Buy” and an average price target of $207.69.

NVIDIA 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.