AlTi Global Inc. Has $8.61 Million Holdings in NVIDIA Corporation $NVDA

Key Points

• AlTi Global Inc. has reduced its stake in NVIDIA Corporation by 32.4%, selling 38,028 shares and holding 79,386 shares valued at $8,605,000 as of the latest filing.
• NVIDIA reported $46.74 billion in revenue for the last quarter, exceeding estimates and reflecting a 55.6% year-over-year growth, with an EPS of $1.05.
• The company has a market capitalization of $4.32 trillion and recently announced a quarterly dividend of $0.01 per share, indicating a payout ratio of 1.14%.

AlTi Global Inc. trimmed its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 32.4% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 79,386 shares of the computer hardware maker's stock after selling 38,028 shares during the period. AlTi Global Inc.'s holdings in NVIDIA were worth $8,605,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Copia Wealth Management bought a new position in shares of NVIDIA during the fourth quarter worth approximately $50,000. Kathleen S. Wright Associates Inc. lifted its position in NVIDIA by 169.3% during the first 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 period. Barnes Dennig Private Wealth Management LLC bought 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 purchasing an additional 327 shares in the last quarter. Finally, Campbell Capital Management Inc. boosted 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 buying an additional 590 shares in the last quarter. Institutional investors own 65.27% of the company's stock.

NVIDIA Trading Up 0.4%

NVDA stock traded up $0.65 during midday trading on Friday, hitting $177.82. The stock had a trading volume of 124,573,313 shares, compared to its average volume of 177,755,424. The company has a current ratio of 4.21, a quick ratio of 3.60 and a debt-to-equity ratio of 0.08. The firm has a market cap of $4.32 trillion, a P/E ratio of 50.66, a price-to-earnings-growth ratio of 1.29 and a beta of 2.10. The business has a fifty day moving average price of $174.42 and a two-hundred day moving average price of $141.58. NVIDIA Corporation has a 1-year low of $86.62 and a 1-year high of $184.48.

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

NVIDIA Announces Dividend

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

Insider Activity at NVIDIA

In other news, Director Mark A. Stevens sold 608,248 shares of the stock in a transaction dated Wednesday, June 18th. The shares were sold at an average price of $145.26, for a total transaction of $88,354,104.48. Following the transaction, the director owned 8,247,600 shares of the company's stock, valued at $1,198,046,376. This represents a 6.87% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Ajay K. Puri sold 168,195 shares of the business's 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 sale, the executive vice president directly owned 4,018,547 shares of the company's stock, valued at $613,391,014.08. The trade was a 4.02% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 3,907,755 shares of company stock worth $633,253,430 in the last quarter. Company insiders own 4.17% of the company's stock.

Analyst Ratings Changes

A number of brokerages recently weighed in on NVDA. Jefferies Financial Group boosted their price objective on NVIDIA from $200.00 to $205.00 and gave the stock a "buy" rating in a research report on Thursday, August 28th. Robert W. Baird lifted their target price on shares of NVIDIA from $195.00 to $225.00 and gave the stock an "outperform" rating in a research report on Monday, August 25th. KeyCorp restated an "overweight" rating and issued a $230.00 price target (up from $215.00) on shares of NVIDIA in a research report on Thursday, August 28th. Mizuho lifted their price target on shares of NVIDIA from $192.00 to $205.00 and gave the stock an "outperform" rating in a report on Thursday, August 14th. Finally, Barclays increased their price objective on NVIDIA from $170.00 to $200.00 and gave the company an "overweight" rating in a report on Tuesday, June 17th. Four research analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $207.83.

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.