NVIDIA Corporation $NVDA is Allianz SE's 4th Largest Position

Allianz SE boosted its holdings in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 2.0% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 932,050 shares of the computer hardware maker's stock after buying an additional 17,844 shares during the quarter. NVIDIA makes up about 2.7% of Allianz SE's holdings, making the stock its 4th largest position. Allianz SE's holdings in NVIDIA were worth $101,016,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Kathleen S. Wright Associates Inc. boosted its holdings in NVIDIA by 169.3% in the first quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker's stock valued at $44,000 after purchasing an additional 254 shares in the last quarter. Copia Wealth Management purchased a new stake in shares of NVIDIA during the 4th quarter worth approximately $50,000. Barnes Dennig Private Wealth Management LLC purchased a new stake in shares of NVIDIA during the 1st quarter worth approximately $51,000. Bruce G. Allen Investments LLC boosted its holdings in shares of NVIDIA by 198.2% in the 1st quarter. Bruce G. Allen Investments LLC now owns 492 shares of the computer hardware maker's stock valued at $53,000 after buying an additional 327 shares in the last quarter. Finally, LSV Asset Management purchased a new position in shares of NVIDIA in the 4th quarter valued at $54,000. 65.27% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, EVP Ajay K. Puri sold 168,195 shares of the stock in a transaction dated Wednesday, June 25th. The shares were sold at an average price of $152.64, for a total value of $25,673,284.80. Following the completion of the transaction, the executive vice president owned 4,018,547 shares in the company, valued at $613,391,014.08. This trade represents a 4.02% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Mark A. Stevens sold 608,248 shares of the business's stock in a transaction dated Wednesday, June 18th. The stock was sold at an average price of $145.26, for a total transaction of $88,354,104.48. Following the sale, the director directly owned 8,247,600 shares in the company, valued at approximately $1,198,046,376. This represents a 6.87% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 4,951,604 shares of company stock worth $772,854,889. Company insiders own 4.17% of the company's stock.

NVIDIA Stock Performance

Shares of NASDAQ NVDA traded up $1.04 during mid-day trading on Thursday, hitting $171.66. 140,239,481 shares of the company were exchanged, compared to its average volume of 238,167,859. The stock has a 50 day simple moving average of $172.21 and a 200-day simple moving average of $139.78. NVIDIA Corporation has a 1-year low of $86.62 and a 1-year 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 firm has a market cap of $4.17 trillion, a price-to-earnings ratio of 48.91, a price-to-earnings-growth ratio of 1.30 and a beta of 2.10.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, topping analysts' consensus estimates of $1.01 by $0.04. The company had revenue of $46.74 billion during the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. On average, sell-side analysts forecast that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 2nd. Shareholders of record on Thursday, September 11th will be issued a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. The ex-dividend date of this dividend is Thursday, September 11th. NVIDIA's payout ratio is currently 1.14%.

Wall Street Analysts Forecast Growth

NVDA has been the subject of several research analyst reports. Needham & Company LLC restated a "buy" rating and issued a $200.00 price objective on shares of NVIDIA in a research note on Thursday, August 28th. Sanford C. Bernstein reissued an "outperform" rating and issued a $225.00 target price (up from $185.00) on shares of NVIDIA in a research report on Thursday, August 28th. Stifel Nicolaus lifted their price target on NVIDIA from $202.00 to $212.00 and gave the stock a "buy" rating in a research report on Monday, August 25th. Citigroup reiterated a "buy" rating and issued a $210.00 price objective (up previously from $190.00) on shares of NVIDIA in a research note on Thursday, August 28th. Finally, Bank of America raised their target price on shares of NVIDIA from $220.00 to $235.00 and gave the stock a "buy" rating in a research report on Thursday, August 28th. Four analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $207.69.

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.