NVIDIA Corporation $NVDA is Donor Advised Charitable Giving Inc.'s Largest Position

Key Points

• Donor Advised Charitable Giving Inc. has trimmed its stake in NVIDIA by 2.8%, yet it still holds 98.5% of its portfolio in NVIDIA, valuing approximately $4.8 billion.
• Multiple analysts have upgraded their ratings on NVIDIA, with a consensus rating of "Buy" and a price target set at $222.23.
• NVIDIA posted a quarterly earnings report surpassing analysts' expectations, with earnings of $1.05 per share and a revenue of $46.74 billion, marking a 55.6% increase year-over-year.

Donor Advised Charitable Giving Inc. trimmed its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 2.8% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 30,426,920 shares of the computer hardware maker's stock after selling 875,805 shares during the quarter. NVIDIA accounts for 98.5% of Donor Advised Charitable Giving Inc.'s portfolio, making the stock its largest position. Donor Advised Charitable Giving Inc. owned about 0.12% of NVIDIA worth $4,807,149,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Legend Financial Advisors Inc. purchased a new stake in shares of NVIDIA in the second quarter worth approximately $55,000. Kathleen S. Wright Associates Inc. raised 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 in the last quarter. Westend Capital Management LLC raised its position in NVIDIA by 46.8% during the second quarter. Westend Capital Management LLC now owns 455 shares of the computer hardware maker's stock valued at $72,000 after acquiring an additional 145 shares in the last quarter. Barnes Dennig Private Wealth Management LLC bought a new position in NVIDIA during the first quarter valued at approximately $51,000. Finally, Campbell Capital Management Inc. raised 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 in the last quarter. 65.27% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the stock. Wall Street Zen raised shares of NVIDIA from a "hold" rating to a "buy" rating in a research report on Sunday. Wolfe Research raised their price objective on shares of NVIDIA from $220.00 to $230.00 in a research report on Tuesday, September 23rd. Phillip Securities raised shares of NVIDIA from a "moderate buy" rating to a "strong-buy" rating in a research report on Monday, July 14th. BNP Paribas raised shares of NVIDIA to a "hold" rating in a research report on Friday, August 1st. Finally, JPMorgan Chase & Co. reissued a "buy" rating and issued a $215.00 price target on shares of NVIDIA in a research report on Friday, September 19th. Five research analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, NVIDIA presently has a consensus rating of "Buy" and a consensus price target of $222.23.

NVIDIA Trading Down 0.8%

Shares of NVIDIA stock opened at $181.16 on Wednesday. The company's fifty day simple moving average is $179.37 and its 200-day simple moving average is $154.43. The company has a market cap of $4.40 trillion, a price-to-earnings ratio of 51.61, a PEG ratio of 1.32 and a beta of 2.12. 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 Corporation has a 1 year low of $86.62 and a 1 year high of $195.62.

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, topping analysts' consensus estimates 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 the consensus estimate of $45.65 billion. During the same quarter in the previous year, the company earned $0.68 earnings per share. The business's revenue was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. As a group, sell-side analysts expect that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, October 2nd. Investors of record on Thursday, September 11th were given a dividend of $0.01 per share. The ex-dividend date was Thursday, September 11th. This represents a $0.04 annualized dividend and a yield of 0.0%. NVIDIA's dividend payout ratio is 1.14%.

Insider Buying and Selling

In other news, Director Harvey C. Jones sold 250,000 shares of the company's stock in a transaction dated Thursday, September 18th. The stock was sold at an average price of $176.21, for a total value of $44,052,500.00. Following the completion of the sale, the director directly owned 7,183,280 shares of the company's stock, valued at $1,265,765,768.80. This represents a 3.36% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Jen Hsun Huang sold 75,000 shares of the business's stock in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of $178.16, for a total value of $13,362,000.00. Following the completion of the transaction, the chief executive officer owned 73,523,225 shares of the company's stock, valued at $13,098,897,766. This 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 3,753,937 shares of company stock worth $669,548,776 in the last 90 days. Corporate 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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