Boyum Wealth Architects LLC Acquires New Stake in NVIDIA Corporation $NVDA

Boyum Wealth Architects LLC acquired a new stake in shares of NVIDIA Corporation (NASDAQ:NVDA) in the 2nd quarter, Holdings Channel reports. The institutional investor acquired 1,340 shares of the computer hardware maker’s stock, valued at approximately $212,000.

Other large investors also recently added to or reduced their stakes in the company. Astoria Portfolio Advisors LLC. boosted its stake in NVIDIA by 0.9% during the first quarter. Astoria Portfolio Advisors LLC. now owns 93,568 shares of the computer hardware maker’s stock valued at $9,610,000 after buying an additional 864 shares during the period. Centerpoint Advisory Group increased its stake in NVIDIA by 2.5% in the first quarter. Centerpoint Advisory Group now owns 39,398 shares of the computer hardware maker’s stock valued at $4,270,000 after acquiring an additional 943 shares during the last quarter. GSB Wealth Management LLC increased its stake in NVIDIA by 3.3% in the first quarter. GSB Wealth Management LLC now owns 32,611 shares of the computer hardware maker’s stock valued at $3,534,000 after acquiring an additional 1,043 shares during the last quarter. Variant Private Wealth LLC increased its stake in NVIDIA by 20.6% in the first quarter. Variant Private Wealth LLC now owns 18,800 shares of the computer hardware maker’s stock valued at $2,038,000 after acquiring an additional 3,206 shares during the last quarter. Finally, Financial Perspectives Inc increased its stake in NVIDIA by 2.8% in the first quarter. Financial Perspectives Inc now owns 45,958 shares of the computer hardware maker’s stock valued at $4,981,000 after acquiring an additional 1,265 shares during the last quarter. Institutional investors own 65.27% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on NVDA. BNP Paribas raised NVIDIA to a “hold” rating in a research note on Friday, August 1st. Raymond James Financial increased their target price on NVIDIA from $150.00 to $165.00 and gave the company a “strong-buy” rating in a research note on Thursday, May 29th. Piper Sandler set a $225.00 target price on NVIDIA and gave the company an “overweight” rating in a research note on Wednesday, August 13th. Morgan Stanley boosted their price target on shares of NVIDIA from $206.00 to $210.00 and gave the stock an “overweight” rating in a research note on Thursday, August 28th. Finally, Craig Hallum boosted their price target on shares of NVIDIA from $195.00 to $245.00 and gave the stock a “buy” rating in a research note on Thursday, August 28th. Four research analysts have rated the stock with a Strong Buy rating, thirty-six have assigned a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $208.47.

NVIDIA Stock Performance

Shares of NVDA stock opened at $176.67 on Monday. NVIDIA Corporation has a 12 month low of $86.62 and a 12 month high of $184.48. The stock has a market cap of $4.29 trillion, a PE ratio of 50.33, a price-to-earnings-growth ratio of 1.28 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. The company’s fifty day moving average price is $175.73 and its 200-day moving average price is $143.85.

NVIDIA (NASDAQ:NVDA) last announced its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $45.65 billion. During the same quarter in the previous year, the business posted $0.68 EPS. The company’s quarterly revenue was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. On average, equities analysts expect that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th will be issued a dividend of $0.01 per share. The ex-dividend date is Thursday, September 11th. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. NVIDIA’s dividend payout ratio (DPR) is presently 1.14%.

Insider Activity

In other news, Director Mark A. Stevens sold 297,797 shares of the firm’s stock in a transaction on Friday, September 12th. The stock was sold at an average price of $178.19, for a total transaction of $53,064,447.43. Following the completion of the transaction, the director directly owned 7,749,803 shares in the company, valued at $1,380,937,396.57. This trade represents a 3.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Ajay K. Puri sold 168,195 shares of the firm’s stock in a transaction on Wednesday, June 25th. The shares were sold at an average price of $152.64, for a total value of $25,673,284.80. Following the transaction, the executive vice president owned 4,018,547 shares of the company’s stock, valued at $613,391,014.08. The trade was a 4.02% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 3,914,341 shares of company stock worth $662,228,310 over the last three months. 4.17% of the stock is currently owned by corporate 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.