Graney & King LLC Grows Stock Holdings in NVIDIA Corporation $NVDA

Graney & King LLC lifted its position in shares of NVIDIA Corporation (NASDAQ:NVDA) by 4.9% during the first quarter, Holdings Channel reports. The institutional investor owned 4,545 shares of the computer hardware maker’s stock after purchasing an additional 213 shares during the period. Graney & King LLC’s holdings in NVIDIA were worth $493,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of NVDA. Elevate Wealth Advisory Inc. lifted its stake in shares of NVIDIA by 1.7% during the 1st quarter. Elevate Wealth Advisory Inc. now owns 4,617 shares of the computer hardware maker’s stock worth $500,000 after acquiring an additional 77 shares during the last quarter. Earnest Partners LLC boosted its position in NVIDIA by 0.7% in the 1st quarter. Earnest Partners LLC now owns 11,334 shares of the computer hardware maker’s stock valued at $1,228,000 after buying an additional 81 shares during the period. High Note Wealth LLC boosted its position in NVIDIA by 0.5% in the 1st quarter. High Note Wealth LLC now owns 17,873 shares of the computer hardware maker’s stock valued at $1,937,000 after buying an additional 91 shares during the period. Kelly Financial Services LLC boosted its position in NVIDIA by 2.0% in the 1st quarter. Kelly Financial Services LLC now owns 4,736 shares of the computer hardware maker’s stock valued at $513,000 after buying an additional 94 shares during the period. Finally, Next Capital Management LLC boosted its position in NVIDIA by 0.8% in the 1st quarter. Next Capital Management LLC now owns 12,589 shares of the computer hardware maker’s stock valued at $1,364,000 after buying an additional 94 shares during the period. Hedge funds and other institutional investors own 65.27% of the company’s stock.

Insider Activity at NVIDIA

In related news, CEO Jen Hsun Huang sold 75,000 shares of the company’s stock in a transaction dated Wednesday, June 25th. The stock was sold at an average price of $152.54, for a total transaction of $11,440,500.00. Following the transaction, the chief executive officer directly owned 75,548,225 shares of the company’s stock, valued at $11,524,126,241.50. This represents a 0.10% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Mark A. Stevens sold 608,248 shares of the company’s stock in a transaction dated Wednesday, June 18th. The shares were sold at an average price of $145.26, for a total value of $88,354,104.48. Following the transaction, the director directly owned 8,247,600 shares in the company, valued at $1,198,046,376. This represents a 6.87% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 3,907,755 shares of company stock valued at $633,253,430 in the last ninety days. Corporate insiders own 4.17% of the company’s stock.

Wall Street Analysts Forecast Growth

NVDA has been the subject of several research reports. Summit Insights raised shares of NVIDIA from a “hold” rating to a “buy” rating in a research report on Thursday, May 29th. Jefferies Financial Group lifted their target price on NVIDIA from $200.00 to $205.00 and gave the company a “buy” rating in a research report on Thursday, August 28th. Rosenblatt Securities lifted their target price on NVIDIA from $200.00 to $215.00 and gave the company a “buy” rating in a research report on Thursday, August 28th. Mizuho lifted their target price on NVIDIA from $192.00 to $205.00 and gave the company an “outperform” rating in a research report on Thursday, August 14th. Finally, Bank of America lifted their target price on NVIDIA from $220.00 to $235.00 and gave the company a “buy” rating in a research report on Thursday, August 28th. Four research analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, NVIDIA has a consensus rating of “Moderate Buy” and an average target price of $207.83.

NVIDIA Trading Down 0.1%

NVDA opened at $177.17 on Friday. The firm has a market cap of $4.31 trillion, a price-to-earnings ratio of 50.48, a PEG ratio of 1.29 and a beta of 2.10. The company has a current ratio of 4.21, a quick ratio of 3.60 and a debt-to-equity ratio of 0.08. NVIDIA Corporation has a 12 month low of $86.62 and a 12 month high of $184.48. The stock has a fifty day moving average price of $174.05 and a 200-day moving average price of $141.23.

NVIDIA (NASDAQ:NVDA) last posted its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, topping the consensus estimate of $1.01 by $0.04. The firm had revenue of $46.74 billion during the quarter, compared to analyst estimates of $45.65 billion. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. NVIDIA’s revenue was up 55.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. As a group, equities research analysts anticipate that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

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

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.