NVIDIA Corporation $NVDA Holdings Raised by Brand Asset Management Group Inc.

Brand Asset Management Group Inc. boosted its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 13.9% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 15,247 shares of the computer hardware maker's stock after buying an additional 1,856 shares during the quarter. NVIDIA makes up about 0.9% of Brand Asset Management Group Inc.'s holdings, making the stock its 26th biggest position. Brand Asset Management Group Inc.'s holdings in NVIDIA were worth $2,409,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Nuveen LLC acquired a new position in NVIDIA in the 1st quarter valued at $15,089,414,000. Goldman Sachs Group Inc. grew its position in 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 purchasing an additional 103,889,872 shares during the last quarter. GAMMA Investing LLC grew its position in NVIDIA by 12,173.2% in the 1st quarter. GAMMA Investing LLC now owns 48,837,781 shares of the computer hardware maker's stock worth $5,293,039,000 after purchasing an additional 48,439,859 shares during the last quarter. Assenagon Asset Management S.A. grew its position in NVIDIA by 204.6% in the 1st quarter. Assenagon Asset Management S.A. now owns 35,652,571 shares of the computer hardware maker's stock worth $3,864,026,000 after purchasing an additional 23,948,733 shares during the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in NVIDIA in the 4th quarter worth $2,987,733,000. Hedge funds and other institutional investors own 65.27% of the company's stock.

Insider Buying and Selling at NVIDIA

In related news, Director Mark A. Stevens sold 297,797 shares of the company's stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $178.19, for a total value of $53,064,447.43. Following the transaction, the director directly owned 7,749,803 shares in the company, valued at approximately $1,380,937,396.57. This represents a 3.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Jen Hsun Huang sold 75,000 shares of the company's stock in a transaction dated Wednesday, July 2nd. The shares were sold at an average price of $156.39, for a total transaction of $11,729,250.00. Following the completion of the transaction, the chief executive officer owned 75,173,225 shares in the company, valued at $11,756,340,657.75. This trade represents a 0.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 3,914,341 shares of company stock worth $662,228,310 over the last ninety days. Insiders own 4.17% of the company's stock.

NVIDIA Stock Performance

Shares of NVDA stock opened at $176.67 on Monday. The company's fifty day simple moving average is $175.73 and its 200-day simple moving average is $143.85. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08. The firm has a market cap of $4.29 trillion, a PE ratio of 50.33, a P/E/G ratio of 1.28 and a beta of 2.10. NVIDIA Corporation has a 12 month low of $86.62 and a 12 month high of $184.48.

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 (EPS) for the quarter, topping 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 firm had revenue of $46.74 billion for the quarter, compared to analyst estimates of $45.65 billion. During the same period in the prior year, the firm posted $0.68 earnings per share. The company's quarterly revenue was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. Equities research analysts expect that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 2nd. Shareholders of record on Thursday, September 11th will be issued a $0.01 dividend. 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 currently 1.14%.

Wall Street Analyst Weigh In

NVDA has been the topic of several research analyst reports. Raymond James Financial raised their price target on shares of NVIDIA from $150.00 to $165.00 and gave the stock a "strong-buy" rating in a research report on Thursday, May 29th. Bank of America raised their price objective on shares of NVIDIA from $220.00 to $235.00 and gave the stock a "buy" rating in a report on Thursday, August 28th. JPMorgan Chase & Co. reaffirmed a "buy" rating and set a $215.00 price objective on shares of NVIDIA in a report on Friday. Jefferies Financial Group reaffirmed a "buy" rating on shares of NVIDIA in a report on Friday, September 12th. Finally, Citigroup reduced their price objective 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. Four investment analysts have rated the stock with a Strong Buy rating, thirty-six have issued a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $208.47.

NVIDIA Company 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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