NVIDIA Corporation $NVDA Shares Sold by Forsta AP Fonden

Forsta AP Fonden trimmed its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 2.7% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,429,900 shares of the computer hardware maker's stock after selling 176,500 shares during the period. NVIDIA accounts for 5.3% of Forsta AP Fonden's portfolio, making the stock its 3rd largest position. Forsta AP Fonden's holdings in NVIDIA were worth $696,873,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Brookmont Capital Management grew its stake in NVIDIA by 1.4% during the 1st quarter. Brookmont Capital Management now owns 8,430 shares of the computer hardware maker's stock worth $914,000 after buying an additional 120 shares during the last quarter. Nicholson Wealth Management Group LLC grew its stake in NVIDIA by 18.0% during the 1st quarter. Nicholson Wealth Management Group LLC now owns 2,065 shares of the computer hardware maker's stock valued at $224,000 after purchasing an additional 315 shares during the last quarter. NS Partners Ltd grew its stake in NVIDIA by 1.5% during the 1st quarter. NS Partners Ltd now owns 1,530,632 shares of the computer hardware maker's stock valued at $165,890,000 after purchasing an additional 23,019 shares during the last quarter. Savvy Advisors Inc. grew its stake in NVIDIA by 2.4% during the 1st quarter. Savvy Advisors Inc. now owns 657,991 shares of the computer hardware maker's stock valued at $71,313,000 after purchasing an additional 15,586 shares during the last quarter. Finally, LaSalle St. Investment Advisors LLC grew its stake in NVIDIA by 76.3% during the 1st quarter. LaSalle St. Investment Advisors LLC now owns 100,554 shares of the computer hardware maker's stock valued at $10,898,000 after purchasing an additional 43,506 shares during the last quarter. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at NVIDIA

In other NVIDIA news, Director Dawn E. Hudson sold 18,000 shares of the business's stock in a transaction on Wednesday, September 3rd. The shares were sold at an average price of $172.00, for a total transaction of $3,096,000.00. Following the sale, the director directly owned 368,887 shares of the company's stock, valued at $63,448,564. The trade was a 4.65% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Jen Hsun Huang sold 75,000 shares of the business's stock in a transaction on Monday, September 8th. The stock was sold at an average price of $169.71, for a total transaction of $12,728,250.00. Following the transaction, the chief executive officer directly owned 72,398,366 shares of the company's stock, valued at approximately $12,286,726,693.86. This represents a 0.10% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 3,832,755 shares of company stock valued at $619,935,680. 4.17% of the stock is owned by insiders.

NVIDIA Stock Performance

NASDAQ NVDA traded up $5.73 on Wednesday, hitting $176.49. 165,142,157 shares of the company's stock were exchanged, compared to its average volume of 236,777,578. The firm has a market cap of $4.29 trillion, a price-to-earnings ratio of 50.35, a P/E/G ratio of 1.22 and a beta of 2.10. 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's 50-day moving average price is $173.29 and its two-hundred day moving average price is $140.65. NVIDIA Corporation has a fifty-two week low of $86.62 and a fifty-two week high of $184.48.

NVIDIA (NASDAQ:NVDA - Get Free Report) last released 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. The business had revenue of $46.74 billion for the quarter, compared to analysts' expectations of $45.65 billion. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The company's revenue was up 55.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. On average, research analysts expect that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 2nd. Investors of record on Thursday, September 11th will be given a $0.01 dividend. 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%.

Wall Street Analysts Forecast Growth

NVDA has been the subject of a number of research analyst reports. Evercore ISI increased their target price on NVIDIA from $190.00 to $214.00 and gave the company an "outperform" rating in a report on Friday, August 22nd. TD Cowen increased their price objective on NVIDIA from $140.00 to $235.00 and gave the company a "buy" rating in a research note on Tuesday, August 19th. Rosenblatt Securities lifted their price target on NVIDIA from $200.00 to $215.00 and gave the stock a "buy" rating in a report on Thursday, August 28th. Needham & Company LLC reaffirmed a "buy" rating and set a $200.00 price target on shares of NVIDIA in a report on Thursday, August 28th. Finally, Arete Research raised NVIDIA to a "strong-buy" rating in a report on Wednesday, May 21st. Four analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $207.42.

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.