NVIDIA Corporation $NVDA is Forbes J M & Co. LLP's 4th Largest Position

Key Points

• Forbes J M & Co. LLP increased its stake in NVIDIA by 2.2% in Q1, making it the firm's 4th largest position at $50.26 million.
• NVIDIA reported $0.81 earnings per share for the latest quarter, missing the expected $0.87 but achieving revenue of $44.06 billion, significantly above estimates.
• Several institutional investors, including Copia Wealth Management and LSV Asset Management, have recently acquired new positions in NVIDIA, contributing to a total institutional ownership of 65.27%.

Forbes J M & Co. LLP lifted its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 2.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 463,750 shares of the computer hardware maker's stock after buying an additional 9,926 shares during the period. NVIDIA makes up 4.9% of Forbes J M & Co. LLP's portfolio, making the stock its 4th biggest position. Forbes J M & Co. LLP's holdings in NVIDIA were worth $50,261,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also modified their holdings of the company. Copia Wealth Management acquired a new position in shares of NVIDIA in the fourth quarter worth about $50,000. LSV Asset Management acquired a new position in shares of NVIDIA in the fourth quarter worth about $54,000. Kathleen S. Wright Associates Inc. lifted its stake in shares of NVIDIA by 169.3% in the first quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker's stock worth $44,000 after acquiring an additional 254 shares in the last quarter. Barnes Dennig Private Wealth Management LLC acquired a new position in shares of NVIDIA in the first quarter worth about $51,000. Finally, Bruce G. Allen Investments LLC lifted its stake in shares of NVIDIA by 198.2% in the first quarter. Bruce G. Allen Investments LLC now owns 492 shares of the computer hardware maker's stock worth $53,000 after acquiring an additional 327 shares in the last quarter. Institutional investors and hedge funds own 65.27% of the company's stock.

NVIDIA Stock Performance

Shares of NVDA stock opened at $175.40 on Thursday. NVIDIA Corporation has a 12-month low of $86.62 and a 12-month high of $184.48. The firm has a market capitalization of $4.28 trillion, a price-to-earnings ratio of 56.58, a price-to-earnings-growth ratio of 1.54 and a beta of 2.14. The business has a 50 day simple moving average of $166.03 and a 200 day simple moving average of $136.50. The company has a debt-to-equity ratio of 0.10, a current ratio of 3.39 and a quick ratio of 2.96.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its quarterly earnings results on Wednesday, May 28th. The computer hardware maker reported $0.81 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.87 by ($0.06). The firm had revenue of $44.06 billion for the quarter, compared to the consensus estimate of $43.09 billion. NVIDIA had a net margin of 51.69% and a return on equity of 105.09%. The business's revenue for the quarter was up 69.2% compared to the same quarter last year. During the same period in the previous year, the business posted $0.61 earnings per share. NVIDIA has set its Q2 2026 guidance at EPS. On average, equities research analysts anticipate that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 3rd. Stockholders of record on Wednesday, June 11th were paid a dividend of $0.01 per share. The ex-dividend date of this dividend was Wednesday, June 11th. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. NVIDIA's dividend payout ratio (DPR) is currently 1.29%.

Insider Buying and Selling at NVIDIA

In other news, CEO Jen Hsun Huang sold 75,000 shares of the stock in a transaction on Friday, August 15th. The stock was sold at an average price of $179.76, for a total value of $13,482,000.00. Following the completion of the sale, the chief executive officer owned 72,848,225 shares in the company, valued at $13,095,196,926. This represents a 0.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Colette Kress sold 27,640 shares of the stock in a transaction on Monday, August 4th. The shares were sold at an average price of $178.06, for a total value of $4,921,578.40. Following the completion of the sale, the chief financial officer owned 2,956,876 shares of the company's stock, valued at $526,501,340.56. The trade was a 0.93% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 5,912,440 shares of company stock valued at $902,886,782. Corporate insiders own 4.17% of the company's stock.

Analysts Set New Price Targets

NVDA has been the topic of several recent analyst reports. Phillip Securities upgraded NVIDIA from a "moderate buy" rating to a "strong-buy" rating in a research note on Monday, July 14th. Mizuho upped their price objective on NVIDIA from $192.00 to $205.00 and gave the company an "outperform" rating in a research note on Thursday, August 14th. Citigroup restated an "overweight" rating on shares of NVIDIA in a research note on Monday. Loop Capital upped their price objective on NVIDIA from $175.00 to $250.00 and gave the company a "buy" rating in a research note on Wednesday, June 25th. Finally, Bank of America upped their price objective on NVIDIA from $180.00 to $220.00 in a research note on Wednesday, July 16th. Four research analysts have rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, NVIDIA has an average rating of "Moderate Buy" and an average target price of $189.97.

About NVIDIA

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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