NVIDIA Corporation $NVDA Holdings Lessened by BNP PARIBAS ASSET MANAGEMENT Holding S.A.

Key Points

• BNP Paribas Asset Management reduced its stake in NVIDIA Corporation by 10.9%, holding 16.05 million shares valued at approximately $1.74 billion, making it the second largest position in their investment portfolio.
• CEO Jen Hsun Huang sold 75,000 shares at an average price of $169.71, reducing his ownership by 0.10% while still retaining shares valued at over $12 billion.
• NVIDIA's earnings exceeded analysts' expectations with $1.05 earnings per share, and the company announced a quarterly dividend of $0.01 per share, affecting investors of record by October 2nd.

BNP PARIBAS ASSET MANAGEMENT Holding S.A. reduced its holdings in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 10.9% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 16,052,155 shares of the computer hardware maker's stock after selling 1,966,331 shares during the quarter. NVIDIA comprises 4.6% of BNP PARIBAS ASSET MANAGEMENT Holding S.A.'s investment portfolio, making the stock its 2nd largest position. BNP PARIBAS ASSET MANAGEMENT Holding S.A. owned approximately 0.07% of NVIDIA worth $1,740,348,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in NVDA. High Note Wealth LLC grew its position in NVIDIA by 0.5% in the 1st quarter. High Note Wealth LLC now owns 17,873 shares of the computer hardware maker's stock worth $1,937,000 after purchasing an additional 91 shares during the period. Kelly Financial Services LLC boosted its stake in shares of NVIDIA by 2.0% during the 1st quarter. Kelly Financial Services LLC now owns 4,736 shares of the computer hardware maker's stock worth $513,000 after acquiring an additional 94 shares during the last quarter. Next Capital Management LLC grew its position in shares of 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 acquiring an additional 94 shares during the period. Mendel Capital Management LLC increased its stake in shares of NVIDIA by 0.8% in the 1st quarter. Mendel Capital Management LLC now owns 11,871 shares of the computer hardware maker's stock worth $1,287,000 after purchasing an additional 96 shares in the last quarter. Finally, Affiance Financial LLC raised its holdings in NVIDIA by 0.7% in the 1st quarter. Affiance Financial LLC now owns 13,651 shares of the computer hardware maker's stock worth $1,479,000 after purchasing an additional 97 shares during the period. 65.27% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several analysts have issued reports on NVDA shares. Robert W. Baird upped 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. Mizuho boosted their price objective on NVIDIA from $192.00 to $205.00 and gave the company an "outperform" rating in a research note on Thursday, August 14th. Benchmark raised their target price on shares of NVIDIA from $190.00 to $220.00 and gave the stock a "buy" rating in a research note on Thursday, August 28th. Wall Street Zen raised shares of NVIDIA from a "hold" rating to a "buy" rating in a report on Friday, September 5th. Finally, Evercore ISI increased their price objective on shares of NVIDIA from $190.00 to $214.00 and gave the stock an "outperform" rating in a research note on Friday, August 22nd. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $207.83.

Insider Buying and Selling at NVIDIA

In other NVIDIA news, CEO Jen Hsun Huang sold 75,000 shares of the business's stock in a transaction on Wednesday, September 10th. The shares were sold at an average price of $177.57, for a total value of $13,317,750.00. Following the sale, the chief executive officer owned 72,248,366 shares in the company, valued at $12,829,142,350.62. The trade was a 0.10% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Dawn E. Hudson sold 18,000 shares of the business's stock in a transaction on Wednesday, September 3rd. The stock was sold at an average price of $172.00, for a total transaction of $3,096,000.00. Following the completion of the sale, the director owned 368,887 shares in the company, valued at approximately $63,448,564. The trade was a 4.65% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 3,907,755 shares of company stock worth $633,253,430. Corporate insiders own 4.17% of the company's stock.

NVIDIA Price Performance

Shares of NVDA stock traded down $0.16 during mid-day trading on Thursday, hitting $177.17. The company had a trading volume of 150,723,200 shares, compared to its average volume of 176,675,152. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.21 and a quick ratio of 3.60. The stock's 50 day moving average price is $173.69 and its 200-day moving average price is $140.91. NVIDIA Corporation has a 52-week low of $86.62 and a 52-week high of $184.48. The company has a market capitalization of $4.31 trillion, a P/E ratio of 50.48, a P/E/G ratio of 1.29 and a beta of 2.10.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its quarterly earnings results 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. The company 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 101.74%. NVIDIA's revenue for the quarter was up 55.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. Equities research analysts forecast that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 2nd. Shareholders of record on Thursday, September 11th will be paid a $0.01 dividend. The ex-dividend date is Thursday, September 11th. This represents a $0.04 annualized dividend and a yield of 0.0%. NVIDIA's payout ratio is presently 1.14%.

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.