Banque Transatlantique SA lowered its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 15.5% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,695,103 shares of the computer hardware maker's stock after selling 493,631 shares during the quarter. NVIDIA comprises 5.0% of Banque Transatlantique SA's portfolio, making the stock its 4th biggest holding. Banque Transatlantique SA's holdings in NVIDIA were worth $269,934,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors have also recently made changes to their positions in the company. Elevate Wealth Advisory Inc. raised its stake in NVIDIA by 1.7% during the 1st quarter. Elevate Wealth Advisory Inc. now owns 4,617 shares of the computer hardware maker's stock valued at $500,000 after purchasing an additional 77 shares during the period. Earnest Partners LLC raised its stake in NVIDIA by 0.7% during the 1st quarter. Earnest Partners LLC now owns 11,334 shares of the computer hardware maker's stock valued at $1,228,000 after purchasing an additional 81 shares during the period. High Note Wealth LLC raised its stake in NVIDIA by 0.5% during the 1st quarter. High Note Wealth LLC now owns 17,873 shares of the computer hardware maker's stock valued at $1,937,000 after purchasing an additional 91 shares during the period. Kelly Financial Services LLC raised its stake in NVIDIA by 2.0% during the 1st quarter. Kelly Financial Services LLC now owns 4,736 shares of the computer hardware maker's stock valued at $513,000 after purchasing an additional 94 shares during the period. Finally, Next Capital Management LLC raised its stake in NVIDIA by 0.8% during the 1st quarter. Next Capital Management LLC now owns 12,589 shares of the computer hardware maker's stock valued at $1,364,000 after purchasing an additional 94 shares during the period. Institutional investors own 65.27% of the company's stock.
NVIDIA Price Performance
Shares of NVIDIA stock opened at $177.82 on Friday. The stock has a market cap of $4.32 trillion, a price-to-earnings ratio of 50.66, a price-to-earnings-growth ratio of 1.29 and a beta of 2.10. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.60 and a current ratio of 4.21. The stock has a 50 day moving average price of $174.42 and a 200-day moving average price of $141.58. NVIDIA Corporation has a one year low of $86.62 and a one year high of $184.48.
NVIDIA (NASDAQ:NVDA - Get Free Report) last posted 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 during the quarter, compared to analysts' expectations of $45.65 billion. During the same quarter in the previous year, the business earned $0.68 EPS. NVIDIA's revenue was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. Equities analysts expect that NVIDIA Corporation will post 2.77 EPS for the current year.
NVIDIA Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 2nd. Investors of record on Thursday, September 11th will be issued a dividend of $0.01 per share. The ex-dividend date 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 1.14%.
Wall Street Analysts Forecast Growth
Several analysts recently issued reports on NVDA shares. Phillip Securities raised NVIDIA from a "moderate buy" rating to a "strong-buy" rating in a research note on Monday, July 14th. Wall Street Zen upgraded NVIDIA from a "hold" rating to a "buy" rating in a report on Friday, September 5th. Raymond James Financial raised their price target on NVIDIA from $150.00 to $165.00 and gave the company a "strong-buy" rating in a report on Thursday, May 29th. Cantor Fitzgerald restated an "overweight" rating and set a $240.00 price target on shares of NVIDIA in a report on Thursday, August 28th. Finally, Wells Fargo & Company raised their price target on NVIDIA from $185.00 to $220.00 and gave the company an "overweight" rating in a report on Monday, August 11th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, NVIDIA presently has a consensus rating of "Moderate Buy" and an average target price of $207.83.
Check Out Our Latest Report on NVDA
Insider Activity at NVIDIA
In related news, CEO Jen Hsun Huang sold 75,000 shares of the business's stock in a transaction on Wednesday, June 25th. The stock was sold at an average price of $152.54, for a total transaction of $11,440,500.00. Following the completion of the transaction, the chief executive officer owned 75,548,225 shares in the company, valued at $11,524,126,241.50. The trade was a 0.10% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Mark A. Stevens sold 608,248 shares of the business's stock in a transaction on Wednesday, June 18th. The shares were sold at an average price of $145.26, for a total value of $88,354,104.48. Following the transaction, the director owned 8,247,600 shares of the company's stock, valued at approximately $1,198,046,376. The trade was a 6.87% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 3,907,755 shares of company stock worth $633,253,430 in the last quarter. 4.17% of the stock is owned by company insiders.
NVIDIA Profile
(
Free Report)
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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