GW&K Investment Management LLC Has $38.58 Million Holdings in NVIDIA Corporation $NVDA

Key Points

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GW&K Investment Management LLC lowered its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 10.4% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 355,934 shares of the computer hardware maker's stock after selling 41,103 shares during the quarter. GW&K Investment Management LLC's holdings in NVIDIA were worth $38,576,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the company. Copia Wealth Management acquired a new position in shares of NVIDIA in the 4th quarter valued at $50,000. LSV Asset Management acquired a new position in shares of NVIDIA in the 4th quarter valued at $54,000. Barnes Dennig Private Wealth Management LLC acquired a new position in shares of NVIDIA in the 1st quarter valued at $51,000. Bruce G. Allen Investments LLC boosted its position 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 during the period. Finally, Delos Wealth Advisors LLC boosted its position in shares of NVIDIA by 134.8% in the 4th quarter. Delos Wealth Advisors LLC now owns 493 shares of the computer hardware maker's stock valued at $66,000 after purchasing an additional 283 shares during the period. Institutional investors own 65.27% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on NVDA shares. Benchmark reissued a "buy" rating and issued a $190.00 price objective on shares of NVIDIA in a research note on Thursday, May 29th. Raymond James Financial increased their price objective on NVIDIA from $150.00 to $165.00 and gave the stock a "strong-buy" rating in a research note on Thursday, May 29th. Oppenheimer increased their price objective on NVIDIA from $175.00 to $200.00 and gave the stock an "outperform" rating in a research note on Tuesday, July 15th. KeyCorp increased their price objective on NVIDIA from $190.00 to $215.00 and gave the stock an "overweight" rating in a research note on Wednesday. Finally, Arete Research raised NVIDIA to a "strong-buy" rating in a research note on Wednesday, May 21st. Four research analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $191.78.

NVIDIA Stock Performance

Shares of NVDA stock traded down $0.5280 during trading on Thursday, reaching $174.8720. The company had a trading volume of 95,583,168 shares, compared to its average volume of 240,072,125. The firm's 50 day simple moving average is $166.03 and its two-hundred day simple moving average is $136.50. The company has a debt-to-equity ratio of 0.10, a current ratio of 3.39 and a quick ratio of 2.96. NVIDIA Corporation has a one year low of $86.62 and a one year high of $184.48. The company has a market capitalization of $4.27 trillion, a PE ratio of 56.39, a PEG ratio of 1.54 and a beta of 2.14.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its quarterly earnings data on Wednesday, May 28th. The computer hardware maker reported $0.81 earnings per share for the quarter, missing analysts' consensus estimates of $0.87 by ($0.06). NVIDIA had a net margin of 51.69% and a return on equity of 105.09%. The company had revenue of $44.06 billion during the quarter, compared to the consensus estimate of $43.09 billion. During the same period in the previous year, the business posted $0.61 earnings per share. The firm's revenue was up 69.2% on a year-over-year basis. NVIDIA has set its Q2 2026 guidance at EPS. Sell-side analysts forecast that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 3rd. Investors of record on Wednesday, June 11th were paid a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.0%. The ex-dividend date of this dividend was Wednesday, June 11th. NVIDIA's dividend payout ratio (DPR) is presently 1.29%.

Insider Buying and Selling

In other NVIDIA news, Director Mark A. Stevens sold 935,000 shares of the firm's stock in a transaction that occurred on Tuesday, June 3rd. The stock was sold at an average price of $140.92, for a total value of $131,760,200.00. Following the sale, the director owned 9,214,697 shares of the company's stock, valued at $1,298,535,101.24. This trade represents a 9.21% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Ajay K. Puri sold 168,195 shares of the firm's stock in a transaction that occurred on Wednesday, June 25th. The shares were sold at an average price of $152.64, for a total value of $25,673,284.80. Following the completion of the sale, the executive vice president directly owned 4,018,547 shares in the company, valued at $613,391,014.08. This trade represents a 4.02% 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 valued at $902,886,782 over the last 90 days. 4.17% of the stock is currently owned by insiders.

About NVIDIA

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.