Iyo Bank Ltd. cut its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 75.0% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 66,300 shares of the computer hardware maker's stock after selling 198,900 shares during the period. NVIDIA comprises approximately 2.3% of Iyo Bank Ltd.'s investment portfolio, making the stock its 17th biggest position. Iyo Bank Ltd.'s holdings in NVIDIA were worth $7,186,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in NVDA. Brighton Jones LLC lifted its stake in NVIDIA by 12.4% during the fourth quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker's stock worth $43,631,000 after purchasing an additional 35,815 shares during the last quarter. Bank Pictet & Cie Europe AG lifted its stake in shares of NVIDIA by 1.0% in the 4th quarter. Bank Pictet & Cie Europe AG now owns 2,346,417 shares of the computer hardware maker's stock valued at $315,100,000 after acquiring an additional 22,929 shares during the last quarter. Highview Capital Management LLC DE lifted its stake in shares of NVIDIA by 6.7% in the 4th quarter. Highview Capital Management LLC DE now owns 58,396 shares of the computer hardware maker's stock valued at $7,842,000 after acquiring an additional 3,653 shares during the last quarter. Hudson Value Partners LLC lifted its stake in shares of NVIDIA by 30.7% in the 4th quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker's stock valued at $6,805,000 after acquiring an additional 11,900 shares during the last quarter. Finally, Selway Asset Management bought a new position in shares of NVIDIA in the 4th quarter valued at $269,000. 65.27% of the stock is currently owned by institutional investors.
NVIDIA Stock Performance
Shares of NVIDIA stock opened at $170.76 on Wednesday. The company has a current ratio of 4.21, a quick ratio of 3.60 and a debt-to-equity ratio of 0.08. The business has a 50-day moving average price of $173.29 and a two-hundred day moving average price of $140.65. NVIDIA Corporation has a 1-year low of $86.62 and a 1-year high of $184.48. The company has a market cap of $4.15 trillion, a P/E ratio of 48.65, a PEG ratio of 1.22 and a beta of 2.10.
NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share for the quarter, topping analysts' consensus estimates of $1.01 by $0.04. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The firm had revenue of $46.74 billion during the quarter, compared to the consensus estimate of $45.65 billion. During the same period last year, the business posted $0.68 EPS. The business's revenue was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. As a group, analysts anticipate that NVIDIA Corporation will post 2.77 EPS 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 issued 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 is Thursday, September 11th. NVIDIA's dividend payout ratio (DPR) is presently 1.14%.
Analyst Upgrades and Downgrades
A number of brokerages have recently commented on NVDA. Wells Fargo & Company increased their price target on NVIDIA from $185.00 to $220.00 and gave the company an "overweight" rating in a research note on Monday, August 11th. Cantor Fitzgerald reiterated an "overweight" rating and issued a $240.00 price target on shares of NVIDIA in a research note on Thursday, August 28th. The Goldman Sachs Group reiterated a "buy" rating and issued a $200.00 price target on shares of NVIDIA in a research note on Wednesday, August 27th. Citigroup dropped their price target on NVIDIA from $210.00 to $200.00 and set a "buy" rating for the company in a research note on Monday. Finally, Benchmark increased their price target on NVIDIA from $190.00 to $220.00 and gave the company a "buy" rating in a research note on Thursday, August 28th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $207.42.
Read Our Latest Analysis on NVIDIA
Insider Transactions at NVIDIA
In other news, CEO Jen Hsun Huang sold 75,000 shares of the firm's stock in a transaction dated Monday, September 8th. The stock was sold at an average price of $169.71, for a total value of $12,728,250.00. Following the completion of the sale, the chief executive officer directly owned 72,398,366 shares in the company, valued at $12,286,726,693.86. This trade represents a 0.10% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Dawn E. Hudson sold 18,000 shares of the firm's stock in a transaction dated Wednesday, September 3rd. The shares were sold at an average price of $172.00, for a total value of $3,096,000.00. Following the completion of the sale, the director owned 368,887 shares of the company's stock, valued at approximately $63,448,564. This represents a 4.65% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 3,832,755 shares of company stock valued at $619,935,680. Company insiders own 4.17% of the company's stock.
About NVIDIA
(
Free Report)
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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