Baldwin Investment Management LLC Grows Stock Holdings in NVIDIA Corporation $NVDA

Baldwin Investment Management LLC boosted its position in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 7.5% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 126,131 shares of the computer hardware maker's stock after acquiring an additional 8,747 shares during the period. NVIDIA comprises approximately 1.6% of Baldwin Investment Management LLC's holdings, making the stock its 3rd biggest holding. Baldwin Investment Management LLC's holdings in NVIDIA were worth $13,670,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in the stock. Kathleen S. Wright Associates Inc. lifted its holdings in shares of 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. Copia Wealth Management acquired a new position in NVIDIA in the 4th quarter worth $50,000. Barnes Dennig Private Wealth Management LLC acquired a new position in NVIDIA in the 1st quarter worth $51,000. Bruce G. Allen Investments LLC raised its stake 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, LSV Asset Management acquired a new stake in shares of NVIDIA in the 4th quarter valued at about $54,000. 65.27% of the stock is owned by hedge funds and other institutional investors.

NVIDIA Stock Performance

NVDA traded down $1.43 during trading on Thursday, hitting $180.17. The stock had a trading volume of 281,040,214 shares, compared to its average volume of 165,288,688. The firm has a market cap of $4.40 trillion, a PE ratio of 51.33, a P/E/G ratio of 1.59 and a beta of 2.14. NVIDIA Corporation has a 12 month low of $86.62 and a 12 month high of $184.48. The company has a current ratio of 3.39, a quick ratio of 2.96 and a debt-to-equity ratio of 0.10. The company has a 50 day simple moving average of $169.53 and a 200-day simple moving average of $138.41.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, topping the consensus estimate of $1.01 by $0.04. The firm had revenue of $46.74 billion for 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 109.66%. The business's quarterly revenue was up 55.6% on a year-over-year basis. During the same quarter last year, the firm posted $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. Analysts expect that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 2nd. Investors of record on Thursday, September 11th will be paid a $0.01 dividend. The ex-dividend date of this dividend is Thursday, September 11th. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. NVIDIA's payout ratio is presently 1.29%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. KeyCorp restated an "overweight" rating and issued a $230.00 target price (up previously from $215.00) on shares of NVIDIA in a research note on Thursday. Cantor Fitzgerald restated an "overweight" rating and issued a $240.00 price target on shares of NVIDIA in a research note on Thursday. Stifel Nicolaus increased their price objective on shares of NVIDIA from $202.00 to $212.00 and gave the company a "buy" rating in a report on Monday. Arete Research upgraded shares of NVIDIA to a "strong-buy" rating in a report on Wednesday, May 21st. Finally, TD Cowen raised their target price on shares of NVIDIA from $140.00 to $235.00 and gave the stock a "buy" rating in a report on Tuesday, August 19th. Four analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, NVIDIA has a consensus rating of "Moderate Buy" and an average target price of $206.54.

Insider Transactions at NVIDIA

In related news, CEO Jen Hsun Huang sold 75,000 shares of the company's stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $179.76, for a total value of $13,482,000.00. Following the sale, the chief executive officer owned 72,848,225 shares of the company's stock, valued at $13,095,196,926. The trade was a 0.10% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Colette Kress sold 27,640 shares of the company's stock in a transaction dated Monday, August 4th. The shares were sold at an average price of $178.06, for a total transaction of $4,921,578.40. Following the completion of the sale, the chief financial officer directly owned 2,956,876 shares in the company, valued at approximately $526,501,340.56. The trade was a 0.93% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 5,912,440 shares of company stock worth $902,886,782. 4.17% of the stock is currently owned by insiders.

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.