Applied Finance Capital Management LLC Has $21.21 Million Holdings in NVIDIA Corporation $NVDA

Applied Finance Capital Management LLC lifted its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 2.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 195,716 shares of the computer hardware maker's stock after buying an additional 4,309 shares during the quarter. NVIDIA comprises about 1.6% of Applied Finance Capital Management LLC's holdings, making the stock its 26th largest position. Applied Finance Capital Management LLC's holdings in NVIDIA were worth $21,212,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of NVDA. Norges Bank acquired a new stake in shares of NVIDIA during the fourth quarter worth $43,515,504,000. GAMMA Investing LLC increased its position in shares of NVIDIA by 12,173.2% during the first quarter. GAMMA Investing LLC now owns 48,837,781 shares of the computer hardware maker's stock worth $5,293,039,000 after buying an additional 48,439,859 shares during the period. Northern Trust Corp increased its position in shares of NVIDIA by 15.8% during the fourth quarter. Northern Trust Corp now owns 266,454,194 shares of the computer hardware maker's stock worth $35,782,134,000 after buying an additional 36,266,817 shares during the period. Assenagon Asset Management S.A. increased its position in shares of NVIDIA by 204.6% during the first quarter. Assenagon Asset Management S.A. now owns 35,652,571 shares of the computer hardware maker's stock worth $3,864,026,000 after buying an additional 23,948,733 shares during the period. Finally, Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of NVIDIA during the fourth quarter worth $2,987,733,000. 65.27% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have recently weighed in on NVDA. Summit Insights upgraded shares of NVIDIA from a "hold" rating to a "buy" rating in a research report on Thursday, May 29th. Morgan Stanley restated an "overweight" rating and issued a $206.00 price target (up from $200.00) on shares of NVIDIA in a report on Monday, August 18th. Evercore ISI raised their price target on shares of NVIDIA from $190.00 to $214.00 and gave the stock an "outperform" rating in a report on Friday. BNP Paribas upgraded shares of NVIDIA to a "hold" rating in a report on Friday, August 1st. Finally, Bank of America raised their price target on shares of NVIDIA from $180.00 to $220.00 in a report on Wednesday, July 16th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $192.44.

NVIDIA Stock Up 1.7%

Shares of NASDAQ NVDA opened at $177.99 on Monday. The stock has a market capitalization of $4.34 trillion, a P/E ratio of 57.42, a P/E/G ratio of 1.56 and a beta of 2.14. The company has a 50-day moving average price of $167.35 and a 200-day moving average price of $137.46. NVIDIA Corporation has a 1 year low of $86.62 and a 1 year high of $184.48. The company has a debt-to-equity ratio of 0.10, a current ratio of 3.39 and a quick ratio of 2.96.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its quarterly earnings data on Wednesday, May 28th. The computer hardware maker reported $0.81 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.87 by ($0.06). The business had revenue of $44.06 billion for the quarter, compared to analyst estimates of $43.09 billion. NVIDIA had a net margin of 51.69% and a return on equity of 105.09%. The firm's quarterly revenue was up 69.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.61 earnings per share. NVIDIA has set its Q2 2026 guidance at EPS. On average, equities research analysts forecast that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, July 3rd. Investors of record on Wednesday, June 11th were given a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.0%. The ex-dividend date of this dividend was Wednesday, June 11th. NVIDIA's dividend payout ratio (DPR) is presently 1.29%.

Insider Activity

In related news, Director Mark A. Stevens sold 935,000 shares of the firm's stock in a transaction dated Tuesday, June 3rd. The shares were sold at an average price of $140.92, for a total transaction of $131,760,200.00. Following the transaction, the director directly owned 9,214,697 shares of the company's stock, valued at $1,298,535,101.24. This trade represents a 9.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Jen Hsun Huang sold 75,000 shares of the firm's stock in a transaction dated Wednesday, June 25th. The shares were sold at an average price of $152.54, for a total transaction of $11,440,500.00. Following the transaction, the chief executive officer directly owned 75,548,225 shares in the company, valued at $11,524,126,241.50. The trade was a 0.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 5,912,440 shares of company stock valued at $902,886,782 over the last ninety days. Company insiders own 4.17% of the company's stock.

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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