NCP Inc. Has $9.57 Million Position in NVIDIA Corporation $NVDA

Key Points

• NCP Inc. reduced its stake in NVIDIA Corporation by 61.9% in Q1, holding 88,270 shares worth approximately $9.57 million, making it their largest holding.
• NVIDIA reported a quarterly earnings per share (EPS) of $0.81, missing estimates, but showed significant revenue growth at $44.06 billion, a 69.2% increase year-over-year.
• The company recently announced a quarterly dividend of $0.01 per share, reflecting an annualized yield of 0.0% and a payout ratio of only 1.29%.

NCP Inc. lowered its position in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 61.9% in the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 88,270 shares of the computer hardware maker's stock after selling 143,541 shares during the quarter. NVIDIA comprises 12.9% of NCP Inc.'s investment portfolio, making the stock its largest holding. NCP Inc.'s holdings in NVIDIA were worth $9,567,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the company. American Financial & Tax Strategies Inc. purchased a new stake in NVIDIA in the 1st quarter worth about $594,000. Quadrant Private Wealth Management LLC increased its holdings in NVIDIA by 3.4% in the 1st quarter. Quadrant Private Wealth Management LLC now owns 262,217 shares of the computer hardware maker's stock worth $28,422,000 after acquiring an additional 8,547 shares during the last quarter. Sustainable Growth Advisers LP increased its holdings in NVIDIA by 38.8% in the 1st quarter. Sustainable Growth Advisers LP now owns 7,136,607 shares of the computer hardware maker's stock worth $773,465,000 after acquiring an additional 1,995,946 shares during the last quarter. M. Kulyk & Associates LLC increased its holdings in NVIDIA by 1.1% in the 1st quarter. M. Kulyk & Associates LLC now owns 121,880 shares of the computer hardware maker's stock worth $13,209,000 after acquiring an additional 1,373 shares during the last quarter. Finally, Loudon Investment Management LLC increased its holdings in NVIDIA by 9.7% in the 1st quarter. Loudon Investment Management LLC now owns 1,985 shares of the computer hardware maker's stock worth $215,000 after acquiring an additional 175 shares during the last quarter. Hedge funds and other institutional investors own 65.27% of the company's stock.

NVIDIA Trading Up 1.7%

NVDA stock traded up $3.01 during midday trading on Friday, hitting $177.99. The company had a trading volume of 172,179,840 shares, compared to its average volume of 157,824,752. The company has a current ratio of 3.39, a quick ratio of 2.96 and a debt-to-equity ratio of 0.10. NVIDIA Corporation has a 52 week low of $86.62 and a 52 week high of $184.48. The stock's 50 day moving average price is $167.35 and its 200 day moving average price is $137.31. The stock has a market cap of $4.34 trillion, a price-to-earnings ratio of 57.42, a PEG ratio of 1.54 and a beta of 2.14.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its quarterly earnings data on Wednesday, May 28th. The computer hardware maker reported $0.81 earnings per share for the quarter, missing the consensus estimate of $0.87 by ($0.06). NVIDIA had a net margin of 51.69% and a return on equity of 105.09%. The company had revenue of $44.06 billion during the quarter, compared to the consensus estimate of $43.09 billion. During the same quarter in the previous year, the firm posted $0.61 EPS. The business's revenue for the quarter was up 69.2% compared to the same quarter last year. NVIDIA has set its Q2 2026 guidance at EPS. As a group, equities research analysts expect that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 3rd. Investors of record on Wednesday, June 11th were issued a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.0%. The ex-dividend date was Wednesday, June 11th. NVIDIA's dividend payout ratio is currently 1.29%.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the company. Jefferies Financial Group lifted their target price on NVIDIA from $185.00 to $200.00 in a report on Wednesday, July 16th. Arete Research raised NVIDIA to a "strong-buy" rating in a report on Wednesday, May 21st. Piper Sandler set a $225.00 target price on NVIDIA and gave the company an "overweight" rating in a report on Wednesday, August 13th. Bank of America boosted their price objective on NVIDIA from $180.00 to $220.00 in a report on Wednesday, July 16th. Finally, Truist Financial upped their target price on NVIDIA from $205.00 to $210.00 and gave the stock a "buy" rating in a research note on Thursday, May 29th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $192.44.

Insiders Place Their Bets

In related news, Director Mark A. Stevens sold 935,000 shares of the company's stock in a transaction that occurred on Tuesday, June 3rd. The stock was sold at an average price of $140.92, for a total transaction of $131,760,200.00. Following the completion of the transaction, the director owned 9,214,697 shares in the company, valued at $1,298,535,101.24. This represents a 9.21% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Jen Hsun Huang sold 75,000 shares of the company's stock in a transaction that occurred on Wednesday, June 25th. The shares were sold at an average price of $152.54, for a total value of $11,440,500.00. Following the transaction, the chief executive officer owned 75,548,225 shares of the company's stock, valued at approximately $11,524,126,241.50. This represents a 0.10% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 5,912,440 shares of company stock worth $902,886,782 in the last ninety days. Insiders own 4.17% of the company's stock.

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.