Hyperion Asset Management Ltd Acquires New Stake in NVIDIA Corporation $NVDA

Key Points

• Hyperion Asset Management Ltd recently acquired a new stake in NVIDIA Corporation, purchasing 660,795 shares valued at approximately $104.4 million, which constitutes 3.3% of their investment portfolio.
• Alongside Hyperion, other large investors such as Goldman Sachs and UBS have significantly increased their holdings in NVIDIA, highlighting strong institutional interest in the company.
• NVIDIA's stock has shown robust price performance, reaching a 52-week high of $191.05, and the company recently reported earnings exceeding analyst expectations with a revenue increase of 55.6% year-over-year.

Hyperion Asset Management Ltd acquired a new stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 660,795 shares of the computer hardware maker's stock, valued at approximately $104,399,000. NVIDIA accounts for 3.3% of Hyperion Asset Management Ltd's investment portfolio, making the stock its 12th largest position.

A number of other large investors have also recently bought and sold shares of the business. Kingstone Capital Partners Texas LLC grew its holdings in NVIDIA by 267,959.7% during the 2nd 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 during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in NVIDIA by 2.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 206,794,926 shares of the computer hardware maker's stock worth $22,412,434,000 after acquiring an additional 5,896,735 shares during the period. Goldman Sachs Group Inc. grew its holdings in NVIDIA by 123.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 187,995,213 shares of the computer hardware maker's stock worth $20,374,921,000 after acquiring an additional 103,889,872 shares during the period. Nuveen LLC acquired a new stake in NVIDIA during the 1st quarter worth about $15,089,414,000. Finally, Amundi grew its holdings in NVIDIA by 16.0% during the 1st quarter. Amundi now owns 135,770,043 shares of the computer hardware maker's stock worth $13,826,199,000 after acquiring an additional 18,733,431 shares during the period. 65.27% of the stock is currently owned by institutional investors and hedge funds.

NVIDIA Price Performance

NVIDIA stock opened at $187.62 on Friday. NVIDIA Corporation has a 52 week low of $86.62 and a 52 week high of $191.05. The company's 50 day moving average price is $178.11 and its two-hundred day moving average price is $148.15. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08. The stock has a market cap of $4.56 trillion, a P/E ratio of 53.45, a P/E/G ratio of 1.37 and a beta of 2.12.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, topping the consensus estimate of $1.01 by $0.04. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The firm had revenue of $46.74 billion for the quarter, compared to analysts' expectations of $45.65 billion. During the same quarter last year, the firm earned $0.68 EPS. The company's quarterly revenue was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. On average, equities analysts predict 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 was paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th were paid a dividend of $0.01 per share. The ex-dividend date was Thursday, September 11th. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. NVIDIA's dividend payout ratio (DPR) is presently 1.14%.

Insider Activity at NVIDIA

In other news, Director Persis Drell sold 40,000 shares of the firm's stock in a transaction that occurred on Friday, September 19th. The shares were sold at an average price of $177.65, for a total transaction of $7,106,000.00. Following the completion of the sale, the director owned 138,740 shares in the company, valued at $24,647,161. This trade represents a 22.38% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Colette Kress sold 30,500 shares of the firm's stock in a transaction that occurred on Friday, September 19th. The stock was sold at an average price of $176.40, for a total transaction of $5,380,200.00. Following the sale, the chief financial officer owned 2,883,402 shares of the company's stock, valued at approximately $508,632,112.80. The trade was a 1.05% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 4,097,407 shares of company stock worth $714,378,504. 4.17% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of brokerages have weighed in on NVDA. Weiss Ratings reiterated a "buy (b)" rating on shares of NVIDIA in a report on Saturday, September 27th. Wall Street Zen upgraded NVIDIA from a "hold" rating to a "buy" rating in a report on Friday, September 5th. Robert W. Baird raised their target price on NVIDIA from $195.00 to $225.00 and gave the company an "outperform" rating in a research note on Monday, August 25th. Craig Hallum raised their target price on NVIDIA from $195.00 to $245.00 and gave the company a "buy" rating in a research note on Thursday, August 28th. Finally, The Goldman Sachs Group restated a "buy" rating and issued a $200.00 target price on shares of NVIDIA in a research note on Wednesday, August 27th. Four analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, NVIDIA has an average rating of "Moderate Buy" and an average price target of $211.00.

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.

Want to see what other hedge funds are holding NVDA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NVIDIA Corporation (NASDAQ:NVDA - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.