NVIDIA Corporation $NVDA Stock Holdings Lowered by Mirabaud & Cie SA

Key Points

• Mirabaud & Cie SA reduced its stake in NVIDIA Corporation by 4.6%, now holding 246,525 shares worth approximately $38.95 million, making it the fund's second largest holding.
• Several institutional investors have significantly increased their positions in NVIDIA, with Nuveen LLC acquiring a new position valued at over $15 billion and Goldman Sachs increasing its holdings by 123.5% in the last quarter.
• NVIDIA recently declared a quarterly dividend of $0.01, which will be paid to shareholders of record on September 11, reflecting its ongoing commitment to returning value to investors.

Mirabaud & Cie SA lessened its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 4.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 246,525 shares of the computer hardware maker's stock after selling 11,935 shares during the period. NVIDIA comprises approximately 12.4% of Mirabaud & Cie SA's investment portfolio, making the stock its 2nd biggest position. Mirabaud & Cie SA's holdings in NVIDIA were worth $38,948,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Nuveen LLC purchased a new position in NVIDIA during the 1st quarter worth $15,089,414,000. Goldman Sachs Group Inc. increased its stake in shares of NVIDIA by 123.5% during the first quarter. Goldman Sachs Group Inc. now owns 187,995,213 shares of the computer hardware maker's stock valued at $20,374,921,000 after buying an additional 103,889,872 shares during the period. GAMMA Investing LLC increased its stake in shares of NVIDIA by 12,173.2% during the first quarter. GAMMA Investing LLC now owns 48,837,781 shares of the computer hardware maker's stock valued at $5,293,039,000 after buying an additional 48,439,859 shares during the period. Assenagon Asset Management S.A. raised its holdings in shares of NVIDIA by 204.6% in the first quarter. Assenagon Asset Management S.A. now owns 35,652,571 shares of the computer hardware maker's stock valued at $3,864,026,000 after acquiring an additional 23,948,733 shares in the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in NVIDIA in the fourth quarter worth about $2,987,733,000. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

NVIDIA Stock Up 3.9%

NASDAQ:NVDA traded up $6.94 during mid-day trading on Monday, hitting $183.61. 268,372,112 shares of the company's stock traded hands, compared to its average volume of 180,339,776. The company has a fifty day moving average of $176.12 and a 200 day moving average of $144.35. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.60 and a current ratio of 4.21. NVIDIA Corporation has a twelve month low of $86.62 and a twelve month high of $184.55. The company has a market capitalization of $4.46 trillion, a P/E ratio of 52.31, a P/E/G ratio of 1.28 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. 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%.The company's revenue was up 55.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. On average, analysts forecast that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th will be paid a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. The ex-dividend date is Thursday, September 11th. NVIDIA's payout ratio is presently 1.14%.

Insider Activity

In other NVIDIA news, CEO Jen Hsun Huang sold 75,000 shares of NVIDIA stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $176.42, for a total transaction of $13,231,500.00. Following the completion of the sale, the chief executive officer owned 71,683,203 shares of the company's stock, valued at approximately $12,646,350,673.26. The trade was a 0.10% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Stephen C. Neal sold 28,000 shares of the stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $177.58, for a total value of $4,972,240.00. Following the completion of the transaction, the director directly owned 143,410 shares in the company, valued at $25,466,747.80. This represents a 16.34% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 4,164,341 shares of company stock valued at $706,280,810. 4.17% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several equities research analysts have recently commented on NVDA shares. Citigroup reduced their price target on shares of NVIDIA from $210.00 to $200.00 and set a "buy" rating for the company in a report on Monday, September 8th. BNP Paribas raised shares of NVIDIA to a "hold" rating in a report on Friday, August 1st. Stifel Nicolaus upped their target price on NVIDIA from $202.00 to $212.00 and gave the stock a "buy" rating in a report on Monday, August 25th. Summit Insights raised NVIDIA from a "hold" rating to a "buy" rating in a research report on Thursday, May 29th. Finally, Wells Fargo & Company boosted their price target on NVIDIA from $185.00 to $220.00 and gave the stock an "overweight" rating in a research report on Monday, August 11th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-six have given a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $208.47.

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.