J. Safra Sarasin Holding AG increased its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 5.3% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,654,105 shares of the computer hardware maker's stock after acquiring an additional 83,248 shares during the period. NVIDIA makes up 4.5% of J. Safra Sarasin Holding AG's investment portfolio, making the stock its 2nd largest position. J. Safra Sarasin Holding AG's holdings in NVIDIA were worth $261,292,000 as of its most recent filing with the SEC.
Other hedge funds have also recently bought and sold shares of the company. Astoria Portfolio Advisors LLC. raised its holdings in NVIDIA by 0.9% in the first quarter. Astoria Portfolio Advisors LLC. now owns 93,568 shares of the computer hardware maker's stock valued at $9,610,000 after buying an additional 864 shares during the period. Centerpoint Advisory Group lifted its position in shares of NVIDIA by 2.5% during the first quarter. Centerpoint Advisory Group now owns 39,398 shares of the computer hardware maker's stock worth $4,270,000 after purchasing an additional 943 shares in the last quarter. GSB Wealth Management LLC lifted its position in shares of NVIDIA by 3.3% during the first quarter. GSB Wealth Management LLC now owns 32,611 shares of the computer hardware maker's stock worth $3,534,000 after purchasing an additional 1,043 shares in the last quarter. Variant Private Wealth LLC lifted its position in shares of NVIDIA by 20.6% during the first quarter. Variant Private Wealth LLC now owns 18,800 shares of the computer hardware maker's stock worth $2,038,000 after purchasing an additional 3,206 shares in the last quarter. Finally, Financial Perspectives Inc lifted its position in shares of NVIDIA by 2.8% during the first quarter. Financial Perspectives Inc now owns 45,958 shares of the computer hardware maker's stock worth $4,981,000 after purchasing an additional 1,265 shares in the last quarter. Hedge funds and other institutional investors own 65.27% of the company's stock.
Insider Activity
In other news, Director Mark A. Stevens sold 350,000 shares of the business's stock in a transaction on Friday, September 19th. The shares were sold at an average price of $176.39, for a total transaction of $61,736,500.00. Following the completion of the transaction, the director owned 7,399,803 shares of the company's stock, valued at approximately $1,305,251,251.17. The trade was a 4.52% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Harvey C. Jones sold 250,000 shares of the business's stock in a transaction on Thursday, September 18th. The shares were sold at an average price of $176.21, for a total transaction of $44,052,500.00. Following the transaction, the director directly owned 7,183,280 shares of the company's stock, valued at approximately $1,265,765,768.80. This trade represents a 3.36% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 3,753,937 shares of company stock valued at $667,769,026. 4.17% of the stock is currently owned by company insiders.
Wall Street Analyst Weigh In
NVDA has been the topic of a number of recent research reports. Oppenheimer reissued an "outperform" rating and set a $225.00 target price (up from $200.00) on shares of NVIDIA in a research report on Thursday, August 28th. Wolfe Research boosted their target price on shares of NVIDIA from $220.00 to $230.00 in a research report on Tuesday, September 23rd. Benchmark boosted their target price on shares of NVIDIA from $190.00 to $220.00 and gave the stock a "buy" rating in a research report on Thursday, August 28th. DA Davidson raised shares of NVIDIA from a "neutral" rating to a "buy" rating and boosted their target price for the stock from $195.00 to $210.00 in a research report on Thursday, September 11th. Finally, New Street Research lifted their price target on shares of NVIDIA from $200.00 to $235.00 and gave the stock a "buy" rating in a research note on Friday, September 12th. Five analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Buy" and an average target price of $222.23.
Check Out Our Latest Stock Analysis on NVIDIA
NVIDIA Stock Performance
NVIDIA stock opened at $183.22 on Friday. The company has a market cap of $4.45 trillion, a PE ratio of 52.20, a P/E/G ratio of 1.32 and a beta of 2.12. The company has a fifty day moving average price of $179.40 and a two-hundred day moving average price of $153.27. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.21 and a quick ratio of 3.60. NVIDIA Corporation has a 12 month low of $86.62 and a 12 month high of $195.62.
NVIDIA (NASDAQ:NVDA - Get Free Report) last released its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, topping analysts' consensus estimates of $1.01 by $0.04. The firm had revenue of $46.74 billion during the quarter, compared to the consensus estimate of $45.65 billion. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The firm's revenue was up 55.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. Research analysts expect that NVIDIA Corporation will post 2.77 earnings per share for the current year.
NVIDIA Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th were issued a dividend of $0.01 per share. The ex-dividend date of this dividend was Thursday, September 11th. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. NVIDIA's payout ratio is 1.14%.
NVIDIA Company Profile
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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.
Further Reading

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