Triad Wealth Partners LLC Raises Stock Position in NVIDIA Corporation $NVDA

Triad Wealth Partners LLC lifted its holdings in NVIDIA Corporation (NASDAQ:NVDA) by 56.9% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 46,888 shares of the computer hardware maker’s stock after purchasing an additional 17,000 shares during the period. NVIDIA comprises 1.5% of Triad Wealth Partners LLC’s holdings, making the stock its 16th biggest position. Triad Wealth Partners LLC’s holdings in NVIDIA were worth $7,408,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Legend Financial Advisors Inc. bought a new stake in NVIDIA during the 2nd quarter valued at $55,000. Kathleen S. Wright Associates Inc. boosted its position in 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 acquiring an additional 254 shares in the last quarter. Westend Capital Management LLC boosted its position in NVIDIA by 46.8% during the 2nd quarter. Westend Capital Management LLC now owns 455 shares of the computer hardware maker’s stock valued at $72,000 after acquiring an additional 145 shares in the last quarter. Barnes Dennig Private Wealth Management LLC bought a new stake in NVIDIA during the 1st quarter valued at $51,000. Finally, Bruce G. Allen Investments LLC lifted its position in NVIDIA by 198.2% during the first quarter. Bruce G. Allen Investments LLC now owns 492 shares of the computer hardware maker’s stock valued at $53,000 after acquiring an additional 327 shares during the last quarter. Institutional investors own 65.27% of the company’s stock.

Insider Activity at NVIDIA

In other NVIDIA news, CEO Jen Hsun Huang sold 75,000 shares of the company’s stock in a transaction on Monday, August 4th. The shares were sold at an average price of $178.16, for a total value of $13,362,000.00. Following the sale, the chief executive officer directly owned 73,523,225 shares of the company’s stock, valued at approximately $13,098,897,766. This represents a 0.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 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. The disclosure for this sale can be found here. Insiders sold 3,678,937 shares of company stock worth $654,837,526 over the last three months. Company insiders own 4.17% of the company’s stock.

Wall Street Analysts Forecast Growth

NVDA has been the subject of a number of analyst reports. Evercore ISI increased their target price on shares of NVIDIA from $214.00 to $225.00 and gave the company an “outperform” rating in a research report on Tuesday, September 23rd. Cantor Fitzgerald set a $300.00 target price on shares of NVIDIA and gave the company an “overweight” rating in a research report on Thursday, October 9th. Needham & Company LLC reissued a “buy” rating and set a $200.00 target price on shares of NVIDIA in a research report on Thursday, August 28th. Phillip Securities raised shares of NVIDIA from a “moderate buy” rating to a “strong-buy” rating in a research report on Monday, July 14th. Finally, DA Davidson raised shares of NVIDIA from a “neutral” rating to a “buy” rating and increased their target price for the company from $195.00 to $210.00 in a research report on Thursday, September 11th. Five equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $222.23.

NVIDIA Trading Up 0.8%

NASDAQ NVDA opened at $183.22 on Monday. The company has a fifty day simple moving average of $179.40 and a two-hundred day simple moving average of $153.63. The stock has a market cap of $4.45 trillion, a P/E ratio of 52.20, a P/E/G ratio of 1.32 and a beta of 2.12. NVIDIA Corporation has a 12-month low of $86.62 and a 12-month high of $195.62. 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, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.01 by $0.04. The business had revenue of $46.74 billion during the quarter, compared to analysts’ expectations of $45.65 billion. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The business’s quarterly revenue was up 55.6% on a year-over-year basis. During the same quarter last year, the company posted $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. On average, analysts forecast that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Announces Dividend

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

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.