6,628 Shares in NVIDIA Corporation $NVDA Bought by Wooster Corthell Wealth Management Inc.

Wooster Corthell Wealth Management Inc. bought a new position in NVIDIA Corporation (NASDAQ:NVDA - Free Report) during the first quarter, according to the company in its most recent filing with the SEC. The firm bought 6,628 shares of the computer hardware maker's stock, valued at approximately $718,000.

A number of other large investors also recently added to or reduced their stakes in NVDA. GAMMA Investing LLC raised its position in NVIDIA by 12,173.2% in the 1st quarter. GAMMA Investing LLC now owns 48,837,781 shares of the computer hardware maker's stock worth $5,293,039,000 after purchasing an additional 48,439,859 shares during the period. Northern Trust Corp boosted its stake in shares of NVIDIA by 15.8% during the 4th quarter. Northern Trust Corp now owns 266,454,194 shares of the computer hardware maker's stock valued at $35,782,134,000 after purchasing an additional 36,266,817 shares in the last quarter. Assenagon Asset Management S.A. boosted its stake in shares of NVIDIA by 204.6% during the 1st quarter. Assenagon Asset Management S.A. now owns 35,652,571 shares of the computer hardware maker's stock valued at $3,864,026,000 after purchasing an additional 23,948,733 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in shares of NVIDIA during the 4th quarter valued at about $2,987,733,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of NVIDIA by 11.4% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 200,898,191 shares of the computer hardware maker's stock valued at $26,978,618,000 after purchasing an additional 20,494,402 shares in the last quarter. Hedge funds and other institutional investors own 65.27% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. Citigroup reissued a "buy" rating and set a $210.00 price objective (up previously from $190.00) on shares of NVIDIA in a research note on Thursday. Arete Research raised shares of NVIDIA to a "strong-buy" rating in a report on Wednesday, May 21st. Truist Financial boosted their price objective on shares of NVIDIA from $210.00 to $228.00 and gave the company a "buy" rating in a report on Thursday. Rosenblatt Securities boosted their price objective on shares of NVIDIA from $200.00 to $215.00 and gave the company a "buy" rating in a report on Thursday. Finally, Piper Sandler set a $225.00 price objective on shares of NVIDIA and gave the company an "overweight" rating in a report on Wednesday, August 13th. Four research analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $207.69.

Insider Activity at NVIDIA

In related news, Director Tench Coxe sold 1,000,000 shares of the firm's stock in a transaction dated Monday, June 9th. The shares were sold at an average price of $142.80, for a total value of $142,800,000.00. Following the transaction, the director owned 26,671,360 shares of the company's stock, valued at $3,808,670,208. This trade represents a 3.61% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Ajay K. Puri sold 168,195 shares of the firm's stock in a transaction dated Wednesday, June 25th. The stock was sold at an average price of $152.64, for a total transaction of $25,673,284.80. Following the completion of the transaction, the executive vice president directly owned 4,018,547 shares in the company, valued at $613,391,014.08. This represents a 4.02% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 5,862,440 shares of company stock worth $896,145,782. 4.17% of the stock is currently owned by corporate insiders.

NVIDIA Price Performance

NVDA stock opened at $174.18 on Friday. NVIDIA Corporation has a 52 week low of $86.62 and a 52 week high of $184.48. The company has a quick ratio of 2.96, a current ratio of 4.21 and a debt-to-equity ratio of 0.08. The company has a fifty day simple moving average of $170.83 and a two-hundred day simple moving average of $139.02. The firm has a market capitalization of $4.23 trillion, a P/E ratio of 49.62, a price-to-earnings-growth ratio of 1.58 and a beta of 2.14.

NVIDIA (NASDAQ:NVDA - Get Free Report) last released its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, beating the consensus estimate of $1.01 by $0.04. The business had revenue of $46.74 billion during the quarter, compared to analyst estimates of $45.65 billion. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. NVIDIA's quarterly revenue was up 55.6% compared to the same quarter last year. During the same quarter last year, the business earned $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. Analysts anticipate that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th will be issued a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. The ex-dividend date is Thursday, September 11th. NVIDIA's dividend payout ratio (DPR) is 1.14%.

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.

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