Diversified Trust Co Reduces Stock Position in NVIDIA Corporation $NVDA

Key Points

• Diversified Trust Co reduced its stake in NVIDIA Corporation by 0.7% in Q2, now owning 644,925 shares worth $101.89 million, which constitutes about 2.3% of its portfolio.
• Several institutional investors significantly increased their positions in NVIDIA, with Kingstone Capital Partners Texas LLC raising its stake by an astounding 267,959.7% this quarter.
• NVIDIA announced a quarterly dividend of $0.01 per share, with an upcoming payment date of October 2nd, reflecting a minimal dividend yield of 0.0%.

Diversified Trust Co lowered its stake in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 0.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 644,925 shares of the computer hardware maker's stock after selling 4,666 shares during the period. NVIDIA accounts for approximately 2.3% of Diversified Trust Co's portfolio, making the stock its 12th largest holding. Diversified Trust Co's holdings in NVIDIA were worth $101,892,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in NVDA. Kingstone Capital Partners Texas LLC lifted its position in shares of NVIDIA by 267,959.7% during the second quarter. Kingstone Capital Partners Texas LLC now owns 382,373,765 shares of the computer hardware maker's stock worth $64,976,521,000 after acquiring an additional 382,231,120 shares in the last quarter. Nuveen LLC purchased a new stake in shares of NVIDIA in the first quarter worth $15,089,414,000. Goldman Sachs Group Inc. raised its position in shares of NVIDIA by 123.5% in the first quarter. Goldman Sachs Group Inc. now owns 187,995,213 shares of the computer hardware maker's stock worth $20,374,921,000 after buying an additional 103,889,872 shares in the last quarter. GAMMA Investing LLC raised its position in shares of NVIDIA by 12,173.2% in the first quarter. GAMMA Investing LLC now owns 48,837,781 shares of the computer hardware maker's stock worth $5,293,039,000 after buying an additional 48,439,859 shares in the last quarter. Finally, Assenagon Asset Management S.A. raised its position in shares of NVIDIA by 204.6% in the first quarter. Assenagon Asset Management S.A. now owns 35,652,571 shares of the computer hardware maker's stock worth $3,864,026,000 after buying an additional 23,948,733 shares in the last quarter. Hedge funds and other institutional investors own 65.27% of the company's stock.

NVIDIA Stock Up 0.3%

Shares of NASDAQ:NVDA opened at $178.19 on Friday. The stock's 50-day moving average price is $176.60 and its 200-day moving average price is $145.99. NVIDIA Corporation has a 12-month low of $86.62 and a 12-month high of $184.55. The stock has a market capitalization of $4.33 trillion, a P/E ratio of 50.77, a price-to-earnings-growth ratio of 1.29 and a beta of 2.10. 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 (NASDAQ:NVDA - Get Free Report) last announced 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. The firm had revenue of $46.74 billion for the quarter, compared to analysts' expectations of $45.65 billion. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The company's revenue for the quarter was up 55.6% compared to the same quarter last year. During the same period last year, the firm earned $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. On average, equities analysts anticipate that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th will be issued a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.0%. The ex-dividend date is Thursday, September 11th. NVIDIA's dividend payout ratio is currently 1.14%.

Insider Activity at NVIDIA

In other news, CFO Colette Kress sold 30,500 shares of the stock in a transaction dated Friday, September 19th. The shares were sold at an average price of $176.40, for a total transaction of $5,380,200.00. Following the completion of the sale, the chief financial officer directly owned 2,883,402 shares in the company, valued at approximately $508,632,112.80. This represents a 1.05% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Harvey C. Jones sold 250,000 shares of the stock in a transaction dated Thursday, September 18th. The stock was sold at an average price of $176.21, for a total transaction of $44,052,500.00. Following the sale, the director owned 7,183,280 shares of the company's stock, valued at approximately $1,265,765,768.80. This represents a 3.36% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 4,176,470 shares of company stock valued at $720,979,162 in the last quarter. 4.17% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on NVDA. Wedbush reiterated an "outperform" rating and issued a $210.00 price objective on shares of NVIDIA in a research report on Thursday, August 28th. Wall Street Zen upgraded NVIDIA from a "hold" rating to a "buy" rating in a research report on Friday, September 5th. KeyCorp reiterated an "overweight" rating and issued a $230.00 price objective (up previously from $215.00) on shares of NVIDIA in a research report on Thursday, August 28th. Jefferies Financial Group reiterated a "buy" rating on shares of NVIDIA in a research report on Friday, September 12th. Finally, Evercore ISI increased their price objective on NVIDIA from $214.00 to $225.00 and gave the stock an "outperform" rating in a research report on Tuesday, September 23rd. Four research analysts have rated the stock with a Strong Buy rating, thirty-six have assigned a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $209.82.

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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