NVIDIA Corporation $NVDA Stake Increased by IQ EQ FUND MANAGEMENT IRELAND Ltd

Key Points

• IQ EQ FUND MANAGEMENT IRELAND Ltd increased its stake in NVIDIA Corporation by 27.3%, acquiring an additional 3,351 shares, bringing its total holdings to 15,609 shares, valued at $1,692,000.
• Recent analyst reports have raised NVIDIA's price targets significantly, with firms like Evercore ISI and Benchmark setting new objectives of up to $220.00, contributing to a consensus rating of "Moderate Buy".
• NVIDIA declared a quarterly dividend of $0.01 per share, which will be paid to record shareholders on October 2nd, representing an annualized dividend yield of 0.0%.

IQ EQ FUND MANAGEMENT IRELAND Ltd increased its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 27.3% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,609 shares of the computer hardware maker's stock after purchasing an additional 3,351 shares during the quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd's holdings in NVIDIA were worth $1,692,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in NVDA. GAMMA Investing LLC increased its holdings in shares of NVIDIA by 12,173.2% in the 1st quarter. GAMMA Investing LLC now owns 48,837,781 shares of the computer hardware maker's stock valued at $5,293,039,000 after purchasing an additional 48,439,859 shares in the last quarter. Northern Trust Corp increased its holdings in shares of NVIDIA by 15.8% in the 4th quarter. Northern Trust Corp now owns 266,454,194 shares of the computer hardware maker's stock valued at $35,782,134,000 after purchasing an additional 36,266,817 shares in the last quarter. Assenagon Asset Management S.A. increased its holdings in shares of NVIDIA by 204.6% in the 1st quarter. Assenagon Asset Management S.A. now owns 35,652,571 shares of the computer hardware maker's stock valued at $3,864,026,000 after purchasing an additional 23,948,733 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of NVIDIA in the 4th quarter valued at about $2,987,733,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of NVIDIA by 11.4% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 200,898,191 shares of the computer hardware maker's stock valued at $26,978,618,000 after purchasing an additional 20,494,402 shares in the last quarter. Hedge funds and other institutional investors own 65.27% of the company's stock.

Insider Buying and Selling at NVIDIA

In other news, CEO Jen Hsun Huang sold 75,000 shares of NVIDIA stock in a transaction that occurred on Wednesday, June 25th. The shares were sold at an average price of $152.54, for a total transaction of $11,440,500.00. Following the sale, the chief executive officer owned 75,548,225 shares in the company, valued at $11,524,126,241.50. This trade represents a 0.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Mark A. Stevens sold 608,248 shares of the business's stock in a transaction on Wednesday, June 18th. The stock was sold at an average price of $145.26, for a total transaction of $88,354,104.48. Following the transaction, the director directly owned 8,247,600 shares in the company, valued at approximately $1,198,046,376. The trade was a 6.87% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 4,872,755 shares of company stock valued at $764,283,330. 4.17% of the stock is currently owned by corporate insiders.

NVIDIA Trading Down 2.7%

Shares of NVDA traded down $4.64 during mid-day trading on Friday, hitting $167.02. The company had a trading volume of 223,875,375 shares, compared to its average volume of 167,410,624. The business's 50-day simple moving average is $172.73 and its 200-day simple moving average is $140.20. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08. NVIDIA Corporation has a 1-year low of $86.62 and a 1-year high of $184.48. The stock has a market cap of $4.06 trillion, a PE ratio of 47.58, a P/E/G ratio of 1.25 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 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 net margin of 52.41% and a return on equity of 101.74%. NVIDIA's revenue was up 55.6% compared to the same quarter last year. During the same period in the previous year, the company posted $0.68 earnings per share. NVIDIA has set its Q3 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 firm also recently declared a quarterly dividend, which will be paid on Thursday, October 2nd. Shareholders of record on Thursday, September 11th will be given a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. The ex-dividend date of this dividend is Thursday, September 11th. NVIDIA's payout ratio is 1.14%.

Wall Street Analysts Forecast Growth

NVDA has been the topic of a number of research reports. Wolfe Research increased their price objective on shares of NVIDIA from $220.00 to $230.00 and gave the company an "outperform" rating in a research note on Thursday, August 28th. Robert W. Baird increased their price objective on shares of NVIDIA from $195.00 to $225.00 and gave the company an "outperform" rating in a research note on Monday, August 25th. Piper Sandler set a $225.00 price objective on shares of NVIDIA and gave the company an "overweight" rating in a research note on Wednesday, August 13th. DA Davidson increased their price objective on shares of NVIDIA from $135.00 to $195.00 and gave the company a "neutral" rating in a research note on Thursday, August 28th. Finally, Wedbush reaffirmed an "outperform" rating and set a $210.00 price target on shares of NVIDIA in a research note on Thursday, August 28th. Four research analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, NVIDIA currently has an average rating of "Moderate Buy" and an average price target of $207.69.

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.