NVIDIA Corporation $NVDA is Central Asset Investments & Management Holdings HK Ltd's 4th Largest Position

Key Points

• Central Asset Investments & Management Holdings HK Ltd reduced its stake in NVIDIA Corporation by 74.9%, owning 47,900 shares as of the latest SEC filing, making NVIDIA its 4th largest position.
• Analysts have set new price targets for NVIDIA, with Wells Fargo raising its target from $185 to $220, reflecting an overall positive outlook given the consensus price target of $207.42.
• NVIDIA announced a quarterly dividend of $0.01 per share, representing a 0.0% annualized yield, to be paid to shareholders of record on September 11th.

Central Asset Investments & Management Holdings HK Ltd lessened its holdings in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 74.9% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 47,900 shares of the computer hardware maker's stock after selling 142,968 shares during the period. NVIDIA comprises 8.8% of Central Asset Investments & Management Holdings HK Ltd's holdings, making the stock its 4th biggest position. Central Asset Investments & Management Holdings HK Ltd's holdings in NVIDIA were worth $5,191,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Kathleen S. Wright Associates Inc. lifted its position in NVIDIA by 169.3% during the first quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker's stock valued at $44,000 after acquiring an additional 254 shares during the last quarter. Copia Wealth Management purchased a new stake in NVIDIA during the fourth quarter valued at approximately $50,000. Barnes Dennig Private Wealth Management LLC purchased a new stake in NVIDIA during the first quarter valued at approximately $51,000. Bruce G. Allen Investments LLC lifted its position in NVIDIA by 198.2% during the first quarter. Bruce G. Allen Investments LLC now owns 492 shares of the computer hardware maker's stock valued at $53,000 after acquiring an additional 327 shares during the last quarter. Finally, Campbell Capital Management Inc. lifted its position in NVIDIA by 5,900.0% during the first quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker's stock valued at $65,000 after acquiring an additional 590 shares during the last quarter. Hedge funds and other institutional investors own 65.27% of the company's stock.

Analysts Set New Price Targets

NVDA has been the subject of a number of analyst reports. Wells Fargo & Company increased their target price on shares of NVIDIA from $185.00 to $220.00 and gave the company an "overweight" rating in a research report on Monday, August 11th. Arete Research raised shares of NVIDIA to a "strong-buy" rating in a research report on Wednesday, May 21st. Stifel Nicolaus raised their price target on shares of NVIDIA from $202.00 to $212.00 and gave the stock a "buy" rating in a report on Monday, August 25th. Wolfe Research raised their price target on shares of NVIDIA from $220.00 to $230.00 and gave the stock an "outperform" rating in a report on Thursday, August 28th. Finally, Barclays raised 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. Four analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $207.42.

NVIDIA Trading Up 1.5%

Shares of NVIDIA stock opened at $170.76 on Wednesday. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.21 and a quick ratio of 3.60. The firm has a fifty day moving average price of $173.29 and a 200 day moving average price of $140.65. NVIDIA Corporation has a 1 year low of $86.62 and a 1 year high of $184.48. The stock has a market cap of $4.15 trillion, a PE ratio of 48.65, a price-to-earnings-growth ratio of 1.22 and a beta of 2.10.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its 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 during the quarter, compared to analysts' expectations of $45.65 billion. During the same quarter last year, the company posted $0.68 earnings per share. The firm's revenue was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. Equities research analysts predict that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 2nd. Investors of record on Thursday, September 11th will be issued a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. The ex-dividend date of this dividend is Thursday, September 11th. NVIDIA's dividend payout ratio (DPR) is 1.14%.

Insider Buying and Selling

In related news, CEO Jen Hsun Huang sold 75,000 shares of the firm's stock in a transaction on Wednesday, June 25th. The shares were sold at an average price of $152.54, for a total transaction of $11,440,500.00. Following the sale, the chief executive officer owned 75,548,225 shares in the company, valued at approximately $11,524,126,241.50. This trade represents a 0.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Ajay K. Puri sold 168,195 shares of the firm's stock in a transaction on Wednesday, June 25th. The shares were sold at an average price of $152.64, for a total transaction of $25,673,284.80. Following the sale, the executive vice president owned 4,018,547 shares in the company, valued at approximately $613,391,014.08. This represents a 4.02% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 3,832,755 shares of company stock valued at $619,935,680 over the last 90 days. Insiders own 4.17% of the company's stock.

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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