Walker Asset Management LLC Boosts Stake in NVIDIA Corporation $NVDA

Walker Asset Management LLC grew its stake in shares of NVIDIA Corporation (NASDAQ:NVDA) by 0.6% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 33,627 shares of the computer hardware maker’s stock after buying an additional 199 shares during the quarter. NVIDIA makes up 3.1% of Walker Asset Management LLC’s holdings, making the stock its 5th biggest holding. Walker Asset Management LLC’s holdings in NVIDIA were worth $5,313,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Kingstone Capital Partners Texas LLC grew its stake in shares of NVIDIA by 267,959.7% in the second quarter. Kingstone Capital Partners Texas LLC now owns 382,373,765 shares of the computer hardware maker’s stock worth $64,976,521,000 after purchasing an additional 382,231,120 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of NVIDIA by 2.9% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 206,794,926 shares of the computer hardware maker’s stock worth $22,412,434,000 after purchasing an additional 5,896,735 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in shares of NVIDIA by 123.5% in the first quarter. Goldman Sachs Group Inc. now owns 187,995,213 shares of the computer hardware maker’s stock worth $20,374,921,000 after purchasing an additional 103,889,872 shares during the last quarter. Nuveen LLC bought a new stake in shares of NVIDIA in the first quarter worth $15,089,414,000. Finally, Amundi grew its stake in shares of NVIDIA by 16.0% in the first quarter. Amundi now owns 135,770,043 shares of the computer hardware maker’s stock worth $13,826,199,000 after purchasing an additional 18,733,431 shares during the last quarter. Institutional investors own 65.27% of the company’s stock.

NVIDIA Price Performance

Shares of NASDAQ NVDA opened at $183.16 on Monday. The firm’s 50-day moving average price is $179.16 and its 200-day moving average price is $151.02. NVIDIA Corporation has a 1-year low of $86.62 and a 1-year high of $195.62. The firm has a market capitalization of $4.45 trillion, a P/E ratio of 52.18, a P/E/G ratio of 1.32 and a beta of 2.12. 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 (NASDAQ:NVDA) last announced its quarterly earnings data 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. 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 analyst estimates of $45.65 billion. During the same quarter in the prior year, the business earned $0.68 earnings per share. The business’s quarterly revenue was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. Equities research analysts anticipate that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement

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

Insider Activity

In other news, CEO Jen Hsun Huang sold 75,000 shares of the company’s stock in a transaction dated Monday, August 4th. The shares were sold at an average price of $178.16, for a total transaction of $13,362,000.00. Following the transaction, the chief executive officer owned 73,523,225 shares in the company, valued at approximately $13,098,897,766. This represents a 0.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Mark A. Stevens sold 350,000 shares of the company’s stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $176.39, for a total transaction of $61,736,500.00. Following the completion of the sale, the director owned 7,399,803 shares in the company, valued at $1,305,251,251.17. This represents a 4.52% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 3,801,587 shares of company stock worth $673,950,484. Company insiders own 4.17% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on NVDA. Barclays reissued an “overweight” rating and issued a $240.00 price objective (up previously from $200.00) on shares of NVIDIA in a research note on Monday, September 22nd. Wells Fargo & Company upped their price target on shares of NVIDIA from $185.00 to $220.00 and gave the company an “overweight” rating in a research report on Monday, August 11th. UBS Group reaffirmed a “buy” rating on shares of NVIDIA in a research report on Tuesday, September 23rd. Cantor Fitzgerald set a $300.00 price target on shares of NVIDIA and gave the company an “overweight” rating in a research report on Thursday. Finally, Daiwa Capital Markets upped their price target on shares of NVIDIA from $165.00 to $205.00 and gave the company an “outperform” rating in a research report on Wednesday, September 17th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, NVIDIA has a consensus rating of “Moderate Buy” and an average target price of $212.84.

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.