NVIDIA Corporation $NVDA Shares Acquired by JBF Capital Inc.

Key Points

• JBF Capital Inc. increased its stake in NVIDIA Corporation by 25.6%, acquiring an additional 10,000 shares, bringing its total to 49,000 shares worth approximately $5.31 million.
• Other institutional investors, including GAMMA Investing and Northern Trust Corp, have also significantly altered their positions in NVIDIA, with GAMMA increasing its stake by an extraordinary 12,173.2%.
• NVIDIA reported a quarterly EPS of $1.05, exceeding estimates, with a revenue of $46.74 billion, reflecting a 55.6% year-over-year increase.

JBF Capital Inc. grew its holdings in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 25.6% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 49,000 shares of the computer hardware maker's stock after purchasing an additional 10,000 shares during the quarter. NVIDIA comprises 1.0% of JBF Capital Inc.'s portfolio, making the stock its 10th biggest holding. JBF Capital Inc.'s holdings in NVIDIA were worth $5,311,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in NVDA. Kathleen S. Wright Associates Inc. grew its position in shares of NVIDIA by 169.3% in the first quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker's stock valued at $44,000 after purchasing an additional 254 shares during the last quarter. Copia Wealth Management acquired a new stake in shares of NVIDIA in the fourth quarter valued at about $50,000. Barnes Dennig Private Wealth Management LLC acquired a new stake in shares of NVIDIA in the first quarter valued at about $51,000. Bruce G. Allen Investments LLC grew its position in shares of NVIDIA by 198.2% in the first quarter. Bruce G. Allen Investments LLC now owns 492 shares of the computer hardware maker's stock valued at $53,000 after purchasing an additional 327 shares during the last quarter. Finally, LSV Asset Management acquired a new stake in shares of NVIDIA in the fourth quarter valued at about $54,000. 65.27% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

NVDA has been the subject of several research reports. Phillip Securities upgraded shares of NVIDIA from a "moderate buy" rating to a "strong-buy" rating in a research note on Monday, July 14th. Needham & Company LLC reiterated a "buy" rating and issued a $200.00 target price on shares of NVIDIA in a research note on Thursday. Morgan Stanley upped their target price on NVIDIA from $206.00 to $210.00 and gave the company an "overweight" rating in a research note on Thursday. Wells Fargo & Company raised their target price on NVIDIA from $185.00 to $220.00 and gave the stock an "overweight" rating in a research report on Monday, August 11th. Finally, Sanford C. Bernstein reissued an "outperform" rating and issued a $225.00 price target (up previously from $185.00) on shares of NVIDIA in a report on Thursday. Four 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 given a Sell rating to the company's stock. According to data from MarketBeat, NVIDIA currently has an average rating of "Moderate Buy" and an average target price of $207.69.

NVIDIA Price Performance

NVDA stock traded down $5.99 during trading on Monday, hitting $174.18. The company had a trading volume of 242,604,296 shares, compared to its average volume of 170,230,272. The company has a fifty day moving average price of $170.83 and a two-hundred day moving average price of $139.10. 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 company has a market cap of $4.23 trillion, a P/E ratio of 49.62, a P/E/G ratio of 1.30 and a beta of 2.10. NVIDIA Corporation has a fifty-two week low of $86.62 and a fifty-two week high of $184.48.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS 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 analyst estimates of $45.65 billion. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.NVIDIA's quarterly revenue was up 55.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. Equities research analysts expect that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th will be issued a dividend of $0.01 per share. The ex-dividend date of this dividend is 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, CFO Colette Kress sold 27,640 shares of the firm's stock in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of $178.06, for a total transaction of $4,921,578.40. Following the completion of the sale, the chief financial officer owned 2,956,876 shares of the company's stock, valued at approximately $526,501,340.56. This trade represents a 0.93% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Jen Hsun Huang sold 75,000 shares of the firm's stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $179.76, for a total transaction of $13,482,000.00. Following the sale, the chief executive officer directly owned 72,848,225 shares of the company's stock, valued at approximately $13,095,196,926. The trade was a 0.10% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 5,736,604 shares of company stock valued at $878,806,839. Company insiders own 4.17% of the company's stock.

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.