Mediolanum International Funds Ltd reduced its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 0.2% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 3,329,551 shares of the computer hardware maker's stock after selling 5,859 shares during the quarter. NVIDIA makes up approximately 5.1% of Mediolanum International Funds Ltd's investment portfolio, making the stock its 2nd biggest position. Mediolanum International Funds Ltd's holdings in NVIDIA were worth $365,152,000 as of its most recent filing with the SEC.
A number of other institutional investors also recently bought and sold shares of the stock. Nvwm LLC raised its holdings in NVIDIA by 3.8% in the 1st quarter. Nvwm LLC now owns 85,461 shares of the computer hardware maker's stock worth $9,262,000 after purchasing an additional 3,164 shares during the period. Knights of Columbus Asset Advisors LLC raised its holdings in NVIDIA by 14.1% in the 1st quarter. Knights of Columbus Asset Advisors LLC now owns 442,369 shares of the computer hardware maker's stock worth $47,944,000 after purchasing an additional 54,811 shares during the period. Keystone Financial Group Inc. raised its holdings in NVIDIA by 17.2% in the 1st quarter. Keystone Financial Group Inc. now owns 2,245 shares of the computer hardware maker's stock worth $255,000 after purchasing an additional 330 shares during the period. Benedict Financial Advisors Inc. raised its holdings in NVIDIA by 1.7% in the 1st quarter. Benedict Financial Advisors Inc. now owns 15,457 shares of the computer hardware maker's stock worth $1,675,000 after purchasing an additional 260 shares during the period. Finally, Wernau Asset Management Inc. increased its stake in NVIDIA by 10.5% in the 1st quarter. Wernau Asset Management Inc. now owns 4,785 shares of the computer hardware maker's stock worth $519,000 after buying an additional 453 shares in the last quarter. 65.27% of the stock is owned by institutional investors.
NVIDIA Trading Up 1.7%
Shares of NVIDIA stock opened at $177.99 on Monday. The firm has a market cap of $4.34 trillion, a price-to-earnings ratio of 57.42, a PEG ratio of 1.56 and a beta of 2.14. The business has a 50-day moving average price of $167.35 and a 200-day moving average price of $137.46. The company has a quick ratio of 2.96, a current ratio of 3.39 and a debt-to-equity ratio of 0.10. 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 released its quarterly earnings results on Wednesday, May 28th. The computer hardware maker reported $0.81 EPS for the quarter, missing the consensus estimate of $0.87 by ($0.06). The company had revenue of $44.06 billion during the quarter, compared to analysts' expectations of $43.09 billion. NVIDIA had a return on equity of 105.09% and a net margin of 51.69%.The company's revenue was up 69.2% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.61 EPS. NVIDIA has set its Q2 2026 guidance at EPS. Equities research analysts anticipate that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.
NVIDIA Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Thursday, July 3rd. Investors of record on Wednesday, June 11th were given a $0.01 dividend. The ex-dividend date was Wednesday, June 11th. This represents a $0.04 annualized dividend and a yield of 0.0%. NVIDIA's dividend payout ratio (DPR) is currently 1.29%.
Analyst Ratings Changes
A number of brokerages have issued reports on NVDA. TD Cowen increased their price target on NVIDIA from $140.00 to $235.00 and gave the stock a "buy" rating in a research note on Tuesday, August 19th. Raymond James Financial increased their price target on NVIDIA from $150.00 to $165.00 and gave the stock a "strong-buy" rating in a research note on Thursday, May 29th. KeyCorp increased their price target on NVIDIA from $190.00 to $215.00 and gave the stock an "overweight" rating in a research note on Wednesday, August 20th. Arete Research upgraded NVIDIA to a "strong-buy" rating in a research note on Wednesday, May 21st. Finally, Phillip Securities upgraded NVIDIA from a "moderate buy" rating to a "strong-buy" rating in a research note on Monday, July 14th. Four analysts have rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $192.44.
Get Our Latest Stock Report on NVDA
Insider Buying and Selling
In related news, CEO Jen Hsun Huang sold 75,000 shares of NVIDIA stock in a transaction dated Wednesday, June 25th. The stock was sold at an average price of $152.54, for a total value of $11,440,500.00. Following the completion of the transaction, the chief executive officer owned 75,548,225 shares in the company, valued at approximately $11,524,126,241.50. This trade represents a 0.10% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Tench Coxe sold 1,000,000 shares of NVIDIA stock in a transaction dated Monday, June 9th. The stock was sold at an average price of $142.80, for a total value of $142,800,000.00. Following the completion of the transaction, the director owned 26,671,360 shares of the company's stock, valued at approximately $3,808,670,208. This represents a 3.61% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 5,912,440 shares of company stock worth $902,886,782. 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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