SwitchPoint Financial Planning LLC Acquires 514 Shares of NVIDIA Corporation $NVDA

SwitchPoint Financial Planning LLC lifted its holdings in NVIDIA Corporation (NASDAQ:NVDA) by 12.8% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 4,530 shares of the computer hardware maker’s stock after purchasing an additional 514 shares during the period. SwitchPoint Financial Planning LLC’s holdings in NVIDIA were worth $716,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the business. Harbor Asset Planning Inc. purchased a new position in shares of NVIDIA in the 2nd quarter valued at $28,000. Kathleen S. Wright Associates Inc. lifted its stake 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 worth $44,000 after purchasing an additional 254 shares during the last quarter. Legend Financial Advisors Inc. bought a new stake in NVIDIA during the second quarter valued at about $55,000. Campbell Capital Management Inc. grew its stake in NVIDIA by 5,900.0% in the first quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker’s stock valued at $65,000 after purchasing an additional 590 shares during the last quarter. Finally, Westend Capital Management LLC grew its stake in NVIDIA by 46.8% in the second quarter. Westend Capital Management LLC now owns 455 shares of the computer hardware maker’s stock valued at $72,000 after purchasing an additional 145 shares during the last quarter. 65.27% of the stock is owned by hedge funds and other institutional investors.

NVIDIA Price Performance

Shares of NVDA opened at $182.55 on Tuesday. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.21 and a quick ratio of 3.60. The company’s fifty day moving average price is $186.56 and its 200-day moving average price is $169.23. NVIDIA Corporation has a 1-year low of $86.62 and a 1-year high of $212.19. The firm has a market capitalization of $4.44 trillion, a PE ratio of 52.01, a price-to-earnings-growth ratio of 1.49 and a beta of 2.11.

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

NVIDIA Announces Dividend

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

Insider Buying and Selling

In related news, CEO Jen Hsun Huang sold 75,000 shares of the firm’s stock in a transaction on Wednesday, September 10th. The shares were sold at an average price of $177.57, for a total transaction of $13,317,750.00. Following the completion of the transaction, the chief executive officer owned 72,248,366 shares of the company’s stock, valued at $12,829,142,350.62. This trade represents a 0.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Mark A. Stevens sold 350,000 shares of the stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $176.39, for a total value of $61,736,500.00. Following the sale, the director directly owned 7,399,803 shares in the company, valued at $1,305,251,251.17. This represents a 4.52% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 3,251,577 shares of company stock worth $583,143,187. 4.17% of the stock is owned by company insiders.

Analysts Set New Price Targets

NVDA has been the topic of a number of recent analyst reports. Sanford C. Bernstein raised their price target on shares of NVIDIA from $255.00 to $275.00 and gave the company an “outperform” rating in a report on Thursday, November 20th. Stifel Nicolaus increased their target price on shares of NVIDIA from $212.00 to $250.00 and gave the company a “buy” rating in a research report on Tuesday, November 18th. President Capital lifted their price target on shares of NVIDIA from $210.00 to $240.00 and gave the stock a “buy” rating in a report on Thursday, October 30th. Weiss Ratings reiterated a “buy (b-)” rating on shares of NVIDIA in a report on Thursday, November 13th. Finally, Oppenheimer reissued an “outperform” rating and issued a $265.00 price objective on shares of NVIDIA in a research report on Thursday, November 20th. Four research analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, NVIDIA presently has an average rating of “Buy” and a consensus target price of $257.79.

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.