Savvy Advisors Inc. Raises Stock Position in NVIDIA Corporation $NVDA

Savvy Advisors Inc. increased its position in NVIDIA Corporation (NASDAQ:NVDA) by 7.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 708,182 shares of the computer hardware maker’s stock after buying an additional 50,191 shares during the quarter. NVIDIA accounts for approximately 7.5% of Savvy Advisors Inc.’s holdings, making the stock its biggest holding. Savvy Advisors Inc.’s holdings in NVIDIA were worth $111,886,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Fielder Capital Group LLC raised its holdings in shares of NVIDIA by 9.7% during the first quarter. Fielder Capital Group LLC now owns 50,469 shares of the computer hardware maker’s stock valued at $5,470,000 after acquiring an additional 4,444 shares in the last quarter. MADDEN SECURITIES Corp increased its position in NVIDIA by 3.2% during the 2nd quarter. MADDEN SECURITIES Corp now owns 81,322 shares of the computer hardware maker’s stock valued at $12,848,000 after purchasing an additional 2,484 shares during the period. ORG Wealth Partners LLC increased its position in NVIDIA by 7.7% during the 2nd quarter. ORG Wealth Partners LLC now owns 49,301 shares of the computer hardware maker’s stock valued at $7,560,000 after purchasing an additional 3,542 shares during the period. Sentinel Pension Advisors LLC raised its holdings in NVIDIA by 4.1% in the 2nd quarter. Sentinel Pension Advisors LLC now owns 2,743 shares of the computer hardware maker’s stock worth $433,000 after purchasing an additional 107 shares in the last quarter. Finally, Winthrop Capital Management LLC lifted its position in shares of NVIDIA by 4.3% in the 1st quarter. Winthrop Capital Management LLC now owns 42,746 shares of the computer hardware maker’s stock worth $4,633,000 after purchasing an additional 1,778 shares during the period. Hedge funds and other institutional investors own 65.27% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on NVDA shares. Craig Hallum boosted their price target on shares of NVIDIA from $195.00 to $245.00 and gave the company a “buy” rating in a research report on Thursday, August 28th. Weiss Ratings reiterated a “buy (b)” rating on shares of NVIDIA in a report on Tuesday. Morgan Stanley raised their target price on NVIDIA from $220.00 to $235.00 and gave the company an “overweight” rating in a research note on Thursday, November 20th. BNP Paribas upgraded NVIDIA to a “hold” rating in a research report on Friday, August 1st. Finally, UBS Group reiterated a “buy” rating and issued a $235.00 price objective on shares of NVIDIA in a report on Thursday, November 20th. Five equities research analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $258.19.

NVIDIA Trading Up 1.4%

NVIDIA stock opened at $180.26 on Thursday. NVIDIA Corporation has a 12 month low of $86.62 and a 12 month high of $212.19. The company has a market capitalization of $4.38 trillion, a price-to-earnings ratio of 51.36, a price-to-earnings-growth ratio of 1.49 and a beta of 2.11. The business’s fifty day simple moving average is $186.82 and its two-hundred day simple moving average is $169.74. 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 posted its quarterly earnings results on Wednesday, November 19th. The computer hardware maker reported $1.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.23 by $0.07. The firm had revenue of $57.01 billion during the quarter, compared to analyst estimates of $54.66 billion. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.NVIDIA’s quarterly revenue was up 62.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.81 EPS. NVIDIA has set its Q4 2026 guidance at EPS. As a group, equities analysts predict that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, December 26th. Stockholders of record on Thursday, December 4th will be paid a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. The ex-dividend date is Thursday, December 4th. NVIDIA’s dividend payout ratio is currently 0.99%.

Insider Activity

In other NVIDIA news, Director John Dabiri sold 626 shares of the stock in a transaction on Monday, November 24th. The stock was sold at an average price of $179.42, for a total transaction of $112,316.92. Following the sale, the director directly owned 17,792 shares in the company, valued at approximately $3,192,240.64. This trade represents a 3.40% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Jen Hsun Huang sold 25,000 shares of NVIDIA stock in a transaction on Wednesday, October 29th. The stock was sold at an average price of $207.91, for a total value of $5,197,750.00. Following the completion of the sale, the chief executive officer directly owned 69,733,203 shares of the company’s stock, valued at approximately $14,498,230,235.73. The trade was a 0.04% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 3,252,203 shares of company stock worth $583,255,504 over the last 90 days. 4.17% of the stock is currently owned by insiders.

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.