NVIDIA Corporation $NVDA Holdings Cut by Ransom Advisory Ltd

Key Points

• Ransom Advisory Ltd has reduced its holdings in NVIDIA Corporation by 4.4%, now owning 72,918 shares valued at approximately $11.5 million.
• Analysts have raised their price targets for NVIDIA, with Barclays setting a new target of $200 and Wells Fargo increasing theirs to $220, reflecting positive sentiment around the stock.
• NVIDIA reported better-than-expected earnings, with a net margin of 52.41% and revenue of $46.74 billion for the quarter, surpassing analysts' expectations.

Ransom Advisory Ltd trimmed its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 4.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 72,918 shares of the computer hardware maker's stock after selling 3,360 shares during the quarter. NVIDIA makes up approximately 5.4% of Ransom Advisory Ltd's investment portfolio, making the stock its 3rd biggest holding. Ransom Advisory Ltd's holdings in NVIDIA were worth $11,520,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of NVDA. Brighton Jones LLC grew its holdings in NVIDIA by 12.4% in the fourth quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker's stock worth $43,631,000 after purchasing an additional 35,815 shares during the last quarter. Bank Pictet & Cie Europe AG grew its holdings in NVIDIA by 1.0% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 2,346,417 shares of the computer hardware maker's stock worth $315,100,000 after purchasing an additional 22,929 shares during the last quarter. Highview Capital Management LLC DE grew its holdings in NVIDIA by 6.7% in the fourth quarter. Highview Capital Management LLC DE now owns 58,396 shares of the computer hardware maker's stock worth $7,842,000 after purchasing an additional 3,653 shares during the last quarter. Hudson Value Partners LLC grew its holdings in NVIDIA by 30.7% in the fourth quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker's stock worth $6,805,000 after purchasing an additional 11,900 shares during the last quarter. Finally, Summit Investment Advisors Inc. grew its holdings in NVIDIA by 1.9% in the fourth quarter. Summit Investment Advisors Inc. now owns 737,749 shares of the computer hardware maker's stock worth $99,072,000 after purchasing an additional 13,700 shares during the last quarter. 65.27% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms have issued reports on NVDA. Barclays lifted their price target on shares of NVIDIA from $170.00 to $200.00 and gave the stock an "overweight" rating in a report on Tuesday, June 17th. Wells Fargo & Company lifted their price target on shares of NVIDIA from $185.00 to $220.00 and gave the stock an "overweight" rating in a report on Monday, August 11th. Craig Hallum lifted their price objective on shares of NVIDIA from $195.00 to $245.00 and gave the stock a "buy" rating in a research note on Thursday, August 28th. Benchmark lifted their price objective on shares of NVIDIA from $190.00 to $220.00 and gave the stock a "buy" rating in a research note on Thursday, August 28th. Finally, Oppenheimer reiterated an "outperform" rating and set a $225.00 price objective (up from $200.00) on shares of NVIDIA in a research note on Thursday, August 28th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-six have assigned a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $208.47.

NVIDIA Stock Up 0.2%

Shares of NASDAQ NVDA opened at $176.67 on Friday. The company has a 50-day moving average of $175.73 and a 200 day moving average of $143.44. NVIDIA Corporation has a 12-month low of $86.62 and a 12-month high of $184.48. 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 stock has a market cap of $4.29 trillion, a PE ratio of 50.33, a P/E/G ratio of 1.27 and a beta of 2.10.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its quarterly earnings results 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 business had revenue of $46.74 billion during the quarter, compared to analysts' expectations of $45.65 billion. During the same quarter in the prior year, the company 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. As a group, sell-side analysts predict that NVIDIA Corporation will post 2.77 EPS 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 $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.0%. The ex-dividend date is Thursday, September 11th. NVIDIA's dividend payout ratio (DPR) is presently 1.14%.

Insider Activity

In related news, Director Mark A. Stevens sold 297,797 shares of NVIDIA stock in a transaction on Friday, September 12th. The shares were sold at an average price of $178.19, for a total transaction of $53,064,447.43. Following the sale, the director directly owned 7,749,803 shares in the company, valued at $1,380,937,396.57. This trade represents a 3.70% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Colette Kress sold 30,500 shares of the firm's stock in a transaction on Friday, September 19th. The stock was sold at an average price of $176.40, for a total transaction of $5,380,200.00. Following the transaction, the chief financial officer directly owned 2,883,402 shares in the company, valued at $508,632,112.80. The trade was a 1.05% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 4,020,022 shares of company stock valued at $677,418,500 over the last quarter. Company insiders own 4.17% of the company's stock.

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.

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