NVIDIA Corporation $NVDA Stock Holdings Cut by J. Safra Sarasin Holding AG

J. Safra Sarasin Holding AG lowered its position in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 15.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,570,857 shares of the computer hardware maker's stock after selling 282,679 shares during the quarter. NVIDIA comprises about 3.1% of J. Safra Sarasin Holding AG's portfolio, making the stock its 2nd largest position. J. Safra Sarasin Holding AG's holdings in NVIDIA were worth $170,314,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. High Note Wealth LLC boosted its position in shares of NVIDIA by 0.5% during the first quarter. High Note Wealth LLC now owns 17,873 shares of the computer hardware maker's stock valued at $1,937,000 after buying an additional 91 shares during the period. Kelly Financial Services LLC boosted its holdings in NVIDIA by 2.0% during the 1st quarter. Kelly Financial Services LLC now owns 4,736 shares of the computer hardware maker's stock valued at $513,000 after acquiring an additional 94 shares during the period. Next Capital Management LLC increased its stake in NVIDIA by 0.8% in the first quarter. Next Capital Management LLC now owns 12,589 shares of the computer hardware maker's stock worth $1,364,000 after purchasing an additional 94 shares during the period. Mendel Capital Management LLC lifted its position in shares of NVIDIA by 0.8% during the first quarter. Mendel Capital Management LLC now owns 11,871 shares of the computer hardware maker's stock worth $1,287,000 after purchasing an additional 96 shares during the last quarter. Finally, Affiance Financial LLC boosted its stake in shares of NVIDIA by 0.7% during the first quarter. Affiance Financial LLC now owns 13,651 shares of the computer hardware maker's stock valued at $1,479,000 after purchasing an additional 97 shares during the period. 65.27% of the stock is owned by hedge funds and other institutional investors.

NVIDIA Stock Performance

Shares of NASDAQ NVDA traded down $3.40 during mid-day trading on Tuesday, hitting $170.78. The stock had a trading volume of 230,285,881 shares, compared to its average volume of 162,821,536. The firm has a market cap of $4.15 trillion, a PE ratio of 48.66, a PEG ratio of 1.30 and a beta of 2.10. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.96 and a current ratio of 4.21. The company has a 50 day moving average of $171.43 and a two-hundred day moving average of $139.35. NVIDIA Corporation has a twelve month low of $86.62 and a twelve month high of $184.48.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.04. The business had revenue of $46.74 billion for the quarter, compared to the consensus estimate of $45.65 billion. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The company's quarterly revenue was up 55.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. Research analysts predict that NVIDIA Corporation will post 2.77 EPS for the current fiscal 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. The ex-dividend date of this dividend is Thursday, September 11th. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. NVIDIA's dividend payout ratio (DPR) is currently 1.14%.

Insider Buying and Selling at NVIDIA

In other news, CFO Colette Kress sold 27,640 shares of the stock in a transaction on Monday, August 4th. The shares were sold at an average price of $178.06, for a total value of $4,921,578.40. Following the sale, the chief financial officer owned 2,956,876 shares in the company, valued at $526,501,340.56. This represents a 0.93% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Jen Hsun Huang sold 75,000 shares of the company's stock in a transaction on Friday, August 15th. The shares were sold at an average price of $179.76, for a total transaction of $13,482,000.00. Following the completion of the sale, the chief executive officer directly owned 72,848,225 shares in the company, valued at approximately $13,095,196,926. The trade was a 0.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 4,801,604 shares of company stock worth $747,046,639 over the last ninety days. Insiders own 4.17% of the company's stock.

Wall Street Analysts Forecast Growth

NVDA has been the subject of a number of research analyst reports. Truist Financial lifted their price objective on shares of NVIDIA from $210.00 to $228.00 and gave the company a "buy" rating in a report on Thursday, August 28th. Robert W. Baird lifted their target price on NVIDIA from $195.00 to $225.00 and gave the company an "outperform" rating in a research report on Monday, August 25th. Morgan Stanley increased their price target on NVIDIA from $206.00 to $210.00 and gave the stock an "overweight" rating in a research report on Thursday, August 28th. Cantor Fitzgerald restated an "overweight" rating and issued a $240.00 price objective on shares of NVIDIA in a report on Thursday, August 28th. Finally, Barclays increased their target price on shares of NVIDIA from $170.00 to $200.00 and gave the stock an "overweight" rating in a report on Tuesday, June 17th. Four analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $207.69.

NVIDIA 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.