NVIDIA Corporation $NVDA is Saxony Capital Management LLC’s 4th Largest Position

Saxony Capital Management LLC boosted its holdings in NVIDIA Corporation (NASDAQ:NVDA) by 5.9% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 30,942 shares of the computer hardware maker’s stock after acquiring an additional 1,725 shares during the quarter. NVIDIA accounts for about 3.7% of Saxony Capital Management LLC’s investment portfolio, making the stock its 4th largest position. Saxony Capital Management LLC’s holdings in NVIDIA were worth $4,889,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of NVDA. Harbor Asset Planning Inc. bought a new stake in NVIDIA during the second quarter valued at approximately $28,000. Legend Financial Advisors Inc. purchased a new stake in shares of NVIDIA during the 2nd quarter valued at $55,000. Kathleen S. Wright Associates Inc. raised its position in shares of NVIDIA by 169.3% during the 1st quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker’s stock valued at $44,000 after buying an additional 254 shares in the last quarter. Westend Capital Management LLC lifted its holdings in shares of NVIDIA by 46.8% during the 2nd quarter. Westend Capital Management LLC now owns 455 shares of the computer hardware maker’s stock worth $72,000 after acquiring an additional 145 shares during the last quarter. Finally, Copia Wealth Management grew its position in NVIDIA by 14.7% in the second quarter. Copia Wealth Management now owns 468 shares of the computer hardware maker’s stock worth $74,000 after acquiring an additional 60 shares in the last quarter. Institutional investors own 65.27% of the company’s stock.

NVIDIA Stock Down 2.0%

Shares of NVIDIA stock opened at $176.67 on Friday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.60 and a current ratio of 4.21. NVIDIA Corporation has a 52-week low of $86.62 and a 52-week high of $212.19. The company’s 50 day moving average price is $186.90 and its 200-day moving average price is $170.18. The stock has a market capitalization of $4.29 trillion, a price-to-earnings ratio of 50.33, a P/E/G ratio of 1.49 and a beta of 2.11.

NVIDIA (NASDAQ:NVDA) last announced its quarterly earnings results on Wednesday, November 19th. The computer hardware maker reported $1.30 earnings per share for the quarter, beating the consensus estimate of $1.23 by $0.07. The business had revenue of $57.01 billion during the quarter, compared to analysts’ expectations of $54.66 billion. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The firm’s revenue for the quarter was up 62.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.81 EPS. NVIDIA has set its Q4 2026 guidance at EPS. Equities research analysts forecast that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 26th. Investors of record on Thursday, December 4th will be issued a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. The ex-dividend date is Thursday, December 4th. NVIDIA’s payout ratio is currently 0.99%.

Analyst Upgrades and Downgrades

NVDA has been the subject of a number of research reports. Needham & Company LLC reiterated a “buy” rating and issued a $240.00 price objective on shares of NVIDIA in a report on Thursday, November 20th. HSBC set a $320.00 target price on NVIDIA and gave the stock a “buy” rating in a research report on Wednesday, October 15th. Rothschild & Co Redburn increased their price target on shares of NVIDIA from $211.00 to $245.00 and gave the company a “buy” rating in a research report on Monday, November 17th. President Capital boosted their price objective on shares of NVIDIA from $240.00 to $245.00 and gave the stock a “buy” rating in a report on Friday. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $300.00 price objective on shares of NVIDIA in a research note on Thursday, November 20th. Five analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, NVIDIA presently has an average rating of “Buy” and an average target price of $258.30.

Insider Buying and Selling at NVIDIA

In other news, Director Harvey C. Jones sold 250,000 shares of the business’s stock in a transaction that occurred on Thursday, September 18th. The stock was sold at an average price of $176.21, for a total transaction of $44,052,500.00. Following the transaction, the director directly owned 7,183,280 shares of the company’s stock, valued at approximately $1,265,765,768.80. The trade was a 3.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Jen Hsun Huang sold 75,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 10th. The shares were sold at an average price of $177.57, for a total value of $13,317,750.00. Following the transaction, the chief executive officer owned 72,248,366 shares of the company’s stock, valued at approximately $12,829,142,350.62. This represents a 0.10% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 3,177,203 shares of company stock valued at $570,171,004 in the last 90 days. Insiders own 4.17% of the company’s stock.

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.