Mn Services Vermogensbeheer B.V. Sells 2,566,600 Shares of NVIDIA Corporation $NVDA

Key Points

• Mn Services Vermogensbeheer B.V. sold 2,566,600 shares of NVIDIA, reducing its holdings by 37.7%, while still maintaining a value of approximately $671 million in the company.
• NVIDIA reported a net margin of 52.41% and a revenue of $46.74 billion for the last quarter, exceeding analyst estimates and showing a year-over-year revenue increase of 55.6%.
• Insider activity showed notable sales, with Director Mark A. Stevens selling 350,000 shares valued at over $61 million, reflecting a decrease in his holdings.

Mn Services Vermogensbeheer B.V. trimmed its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 37.7% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 4,247,880 shares of the computer hardware maker's stock after selling 2,566,600 shares during the period. NVIDIA accounts for 4.7% of Mn Services Vermogensbeheer B.V.'s portfolio, making the stock its biggest position. Mn Services Vermogensbeheer B.V.'s holdings in NVIDIA were worth $671,123,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of NVIDIA by 2.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 206,794,926 shares of the computer hardware maker's stock worth $22,412,434,000 after acquiring an additional 5,896,735 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of NVIDIA by 11.4% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 200,898,191 shares of the computer hardware maker's stock worth $26,978,618,000 after acquiring an additional 20,494,402 shares during the period. Goldman Sachs Group Inc. increased its holdings in shares of NVIDIA by 123.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 187,995,213 shares of the computer hardware maker's stock worth $20,374,921,000 after acquiring an additional 103,889,872 shares during the period. Nuveen LLC acquired a new stake in shares of NVIDIA in the 1st quarter worth about $15,089,414,000. Finally, Amundi increased its holdings in shares of NVIDIA by 16.0% in the 1st quarter. Amundi now owns 135,770,043 shares of the computer hardware maker's stock worth $13,826,199,000 after acquiring an additional 18,733,431 shares during the period. 65.27% of the stock is owned by institutional investors and hedge funds.

NVIDIA Stock Performance

NASDAQ:NVDA opened at $176.97 on Thursday. NVIDIA Corporation has a twelve month low of $86.62 and a twelve month high of $184.55. 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 50-day moving average of $176.39 and a 200-day moving average of $144.81. The firm has a market cap of $4.30 trillion, a price-to-earnings ratio of 50.42, a price-to-earnings-growth ratio of 1.29 and a beta of 2.10.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its quarterly earnings data 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. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The company had revenue of $46.74 billion during the quarter, compared to analyst estimates of $45.65 billion. During the same quarter last year, the firm posted $0.68 EPS. The business's revenue for the quarter was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. Analysts forecast that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th will be given a dividend of $0.01 per share. The ex-dividend date 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 1.14%.

Insider Activity

In other news, Director Mark A. Stevens sold 350,000 shares of the firm's stock in a transaction dated 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 in the company, valued at approximately $1,305,251,251.17. This trade represents a 4.52% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Harvey C. Jones sold 250,000 shares of the firm's stock in a transaction dated 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 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. In the last quarter, insiders sold 4,302,450 shares of company stock worth $740,755,443. Corporate insiders own 4.17% of the company's stock.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Stifel Nicolaus increased their price objective on shares of NVIDIA from $202.00 to $212.00 and gave the stock a "buy" rating in a report on Monday, August 25th. Needham & Company LLC reiterated a "buy" rating and issued a $200.00 target price on shares of NVIDIA in a research report on Thursday, August 28th. The Goldman Sachs Group reiterated a "buy" rating and issued a $200.00 target price on shares of NVIDIA in a research report on Wednesday, August 27th. BNP Paribas upgraded shares of NVIDIA to a "hold" rating in a research report on Friday, August 1st. Finally, Jefferies Financial Group reiterated a "buy" rating on shares of NVIDIA in a research report on Friday, September 12th. Four 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 issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $208.76.

About NVIDIA

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.