NVIDIA Corporation $NVDA Holdings Trimmed by Sunflower Bank N.A.

Key Points

• Sunflower Bank N.A. reduced its holdings in NVIDIA Corporation by 14.8%, now owning 16,166 shares worth approximately $2.55 million, making NVIDIA its 16th largest investment.
• Significant recent activity includes Goldman Sachs increasing its stake by 123.5% and a number of analysts raising price targets for NVIDIA shares, with some analysts setting targets as high as $235.00.
• NVIDIA announced a quarterly dividend of $0.01, reflecting an annualized yield of 0.0%, with the payment date set for October 2nd.

Sunflower Bank N.A. trimmed its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 14.8% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 16,166 shares of the computer hardware maker's stock after selling 2,799 shares during the period. NVIDIA accounts for 0.6% of Sunflower Bank N.A.'s investment portfolio, making the stock its 16th biggest holding. Sunflower Bank N.A.'s holdings in NVIDIA were worth $2,554,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the stock. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake 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 valued at $22,412,434,000 after purchasing an additional 5,896,735 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in NVIDIA by 11.4% during 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 last quarter. Goldman Sachs Group Inc. lifted its position in NVIDIA by 123.5% during 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 last quarter. Nuveen LLC acquired a new position in shares of NVIDIA during the first quarter valued at about $15,089,414,000. Finally, Amundi raised its position in shares of NVIDIA by 16.0% during the first quarter. Amundi now owns 135,770,043 shares of the computer hardware maker's stock valued at $13,826,199,000 after buying an additional 18,733,431 shares during the last quarter. 65.27% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at NVIDIA

In other NVIDIA news, Director Mark A. Stevens sold 350,000 shares of NVIDIA stock in a transaction on Friday, September 19th. The shares were sold at an average price of $176.39, for a total value of $61,736,500.00. Following the sale, the director directly owned 7,399,803 shares in the company, valued at approximately $1,305,251,251.17. The trade was a 4.52% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Harvey C. Jones sold 250,000 shares of the business's stock in a transaction dated Thursday, September 18th. The stock was 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 in the company, valued at $1,265,765,768.80. This represents a 3.36% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 4,302,450 shares of company stock worth $740,755,443. 4.17% of the stock is owned by insiders.

Analysts Set New Price Targets

NVDA has been the subject of a number of research analyst reports. Wolfe Research upped their price objective on shares of NVIDIA from $220.00 to $230.00 in a research report on Tuesday. DA Davidson raised shares of NVIDIA from a "neutral" rating to a "buy" rating and upped their target price for the company from $195.00 to $210.00 in a research note on Thursday, September 11th. TD Cowen upped their target price on shares of NVIDIA from $140.00 to $235.00 and gave the company a "buy" rating in a research note on Tuesday, August 19th. KeyCorp reissued an "overweight" rating and issued a $230.00 target price (up previously from $215.00) on shares of NVIDIA in a research note on Thursday, August 28th. Finally, Evercore ISI upped their price objective on shares of NVIDIA from $214.00 to $225.00 and gave the stock an "outperform" rating in a research note on Tuesday. Four investment analysts have rated the stock with a Strong Buy rating, thirty-six have issued a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $208.76.

NVIDIA Trading Down 0.8%

NVDA opened at $176.97 on Thursday. The stock has a market capitalization of $4.30 trillion, a P/E ratio of 50.42, a P/E/G ratio of 1.29 and a beta of 2.10. NVIDIA Corporation has a 12 month low of $86.62 and a 12 month high of $184.55. The firm's fifty day simple moving average is $176.39 and its 200 day simple moving average is $144.81. The company has a current ratio of 4.21, a quick ratio of 3.60 and a debt-to-equity ratio of 0.08.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, beating the consensus estimate of $1.01 by $0.04. The business had revenue of $46.74 billion for the quarter, compared to analysts' expectations of $45.65 billion. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The firm's revenue was up 55.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. As a group, research analysts anticipate that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Dividend Announcement

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

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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