Banque Cantonale Vaudoise Invests $78.30 Million in NVIDIA Corporation $NVDA

Key Points

• Banque Cantonale Vaudoise acquired a new stake of 722,477 shares in NVIDIA, valued at approximately $78.3 million, making it 3.4% of its portfolio and the firm's 5th largest position.
• NVIDIA's stock was recently rated as a "Moderate Buy" by analysts, with a consensus target price of $207.69, noting a significant number of positive upgrades from various institutions.
• Insider selling activity included CEO Jen Hsun Huang selling 75,000 shares for about $13.5 million, representing a small decrease in his stake, while corporate insiders have collectively sold over 5.8 million shares recently.

Banque Cantonale Vaudoise acquired a new position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) in the first quarter, according to the company in its most recent filing with the SEC. The firm acquired 722,477 shares of the computer hardware maker's stock, valued at approximately $78,303,000. NVIDIA makes up 3.4% of Banque Cantonale Vaudoise's investment portfolio, making the stock its 5th biggest holding.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in NVDA. Copia Wealth Management acquired a new stake in NVIDIA in the 4th quarter worth about $50,000. LSV Asset Management acquired a new position in shares of NVIDIA in the 4th quarter valued at about $54,000. Kathleen S. Wright Associates Inc. lifted its stake in shares of NVIDIA by 169.3% in the 1st 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. Barnes Dennig Private Wealth Management LLC acquired a new position in shares of NVIDIA in the 1st quarter valued at about $51,000. Finally, Bruce G. Allen Investments LLC lifted 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. Hedge funds and other institutional investors own 65.27% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on NVDA shares. Summit Insights raised NVIDIA from a "hold" rating to a "buy" rating in a research note on Thursday, May 29th. Morgan Stanley lifted their price objective on NVIDIA from $206.00 to $210.00 and gave the company an "overweight" rating in a research note on Thursday. Needham & Company LLC reaffirmed a "buy" rating and issued a $200.00 price objective on shares of NVIDIA in a research note on Thursday. Rosenblatt Securities boosted their price target on NVIDIA from $200.00 to $215.00 and gave the stock a "buy" rating in a research report on Thursday. Finally, Robert W. Baird boosted their price target on NVIDIA from $195.00 to $225.00 and gave the stock an "outperform" rating in a research report on Monday, August 25th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, NVIDIA has a consensus rating of "Moderate Buy" and a consensus price target of $207.69.

NVIDIA Stock Performance

NVDA traded down $5.99 during trading on Monday, reaching $174.18. 242,604,296 shares of the company were exchanged, compared to its average volume of 170,230,272. The stock has a market cap of $4.23 trillion, a P/E ratio of 49.62, a PEG ratio of 1.30 and a beta of 2.10. The firm has a 50 day moving average of $171.43 and a 200 day moving average of $139.35. The company has a current ratio of 4.21, a quick ratio of 3.60 and a debt-to-equity ratio of 0.08. NVIDIA Corporation has a 52 week low of $86.62 and a 52 week high of $184.48.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued 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 firm had revenue of $46.74 billion during the quarter, compared to the consensus estimate of $45.65 billion. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The firm's revenue was up 55.6% on a year-over-year basis. During the same period in the prior year, the business 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 declared a quarterly dividend, which will be paid on Thursday, October 2nd. Shareholders of record on Thursday, September 11th will be given a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. The ex-dividend date is Thursday, September 11th. NVIDIA's payout ratio is 1.14%.

Insider Buying and Selling at NVIDIA

In other news, CEO Jen Hsun Huang sold 75,000 shares of the business's stock in a transaction on Friday, August 15th. The stock was sold at an average price of $179.76, for a total transaction of $13,482,000.00. Following the sale, the chief executive officer directly 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Colette Kress sold 27,640 shares of the business's stock in a transaction on Monday, August 4th. The stock was sold at an average price of $178.06, for a total value of $4,921,578.40. Following the sale, the chief financial officer directly owned 2,956,876 shares in the company, valued at $526,501,340.56. This trade represents a 0.93% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 5,736,604 shares of company stock valued at $878,806,839. Insiders own 4.17% of the company's stock.

NVIDIA Company 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.