Black Swift Group LLC Boosts Holdings in NVIDIA Corporation $NVDA

Black Swift Group LLC raised its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 145.1% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,809 shares of the computer hardware maker's stock after acquiring an additional 9,360 shares during the period. Black Swift Group LLC's holdings in NVIDIA were worth $1,713,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. Copia Wealth Management purchased a new stake in shares of NVIDIA during the 4th quarter worth approximately $50,000. LSV Asset Management purchased a new stake in shares of NVIDIA during the 4th quarter worth approximately $54,000. Kathleen S. Wright Associates Inc. raised 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 worth $44,000 after acquiring an additional 254 shares in the last quarter. Barnes Dennig Private Wealth Management LLC purchased a new stake in shares of NVIDIA during the 1st quarter worth approximately $51,000. Finally, Bruce G. Allen Investments LLC raised its holdings in shares of NVIDIA by 198.2% during the 1st quarter. Bruce G. Allen Investments LLC now owns 492 shares of the computer hardware maker's stock worth $53,000 after acquiring an additional 327 shares in the last quarter. 65.27% of the stock is owned by hedge funds and other institutional investors.

NVIDIA Stock Performance

Shares of NVIDIA stock opened at $174.98 on Friday. The stock's fifty day moving average is $166.63 and its two-hundred day moving average is $136.90. The company has a market capitalization of $4.27 trillion, a PE ratio of 56.45, a price-to-earnings-growth ratio of 1.54 and a beta of 2.14. The company has a quick ratio of 2.96, a current ratio of 3.39 and a debt-to-equity ratio of 0.10. 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 announced its quarterly earnings data on Wednesday, May 28th. The computer hardware maker reported $0.81 EPS for the quarter, missing the consensus estimate of $0.87 by ($0.06). The business had revenue of $44.06 billion during the quarter, compared to the consensus estimate of $43.09 billion. NVIDIA had a net margin of 51.69% and a return on equity of 105.09%. The business's revenue was up 69.2% compared to the same quarter last year. During the same period last year, the company earned $0.61 EPS. NVIDIA has set its Q2 2026 guidance at EPS. As a group, analysts expect that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Dividend Announcement

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

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on NVDA. Oppenheimer upped their price objective on NVIDIA from $175.00 to $200.00 and gave the stock an "outperform" rating in a report on Tuesday, July 15th. The Goldman Sachs Group assumed coverage on NVIDIA in a research report on Thursday, July 10th. They set a "buy" rating and a $185.00 target price on the stock. Rosenblatt Securities boosted their target price on NVIDIA from $178.00 to $200.00 and gave the company a "buy" rating in a research report on Thursday, May 29th. Mizuho boosted their target price on NVIDIA from $192.00 to $205.00 and gave the company an "outperform" rating in a research report on Thursday, August 14th. Finally, Loop Capital boosted their target price on NVIDIA from $175.00 to $250.00 and gave the company a "buy" rating in a research report on Wednesday, June 25th. Four research analysts have rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $191.78.

Insider Transactions at NVIDIA

In other news, CEO Jen Hsun Huang sold 75,000 shares of the 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 transaction, the chief executive officer owned 75,548,225 shares of the company's stock, valued at approximately $11,524,126,241.50. This represents a 0.10% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Tench Coxe sold 1,000,000 shares of the stock in a transaction on Monday, June 9th. The stock was sold at an average price of $142.80, for a total value of $142,800,000.00. Following the transaction, the director directly owned 26,671,360 shares in the company, valued at $3,808,670,208. The trade was a 3.61% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 5,912,440 shares of company stock worth $902,886,782 over the last quarter. 4.17% of the stock is owned by corporate 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.

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