LaSalle St. Investment Advisors LLC lifted its stake in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 76.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 100,554 shares of the computer hardware maker's stock after purchasing an additional 43,506 shares during the quarter. NVIDIA comprises approximately 2.6% of LaSalle St. Investment Advisors LLC's portfolio, making the stock its 7th biggest position. LaSalle St. Investment Advisors LLC's holdings in NVIDIA were worth $10,898,000 at the end of the most recent reporting period.
Other large investors have also modified their holdings of the company. Brighton Jones LLC raised its position in NVIDIA by 12.4% in the fourth quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker's stock worth $43,631,000 after acquiring an additional 35,815 shares in the last quarter. Bank Pictet & Cie Europe AG raised its position in NVIDIA by 1.0% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 2,346,417 shares of the computer hardware maker's stock worth $315,100,000 after acquiring an additional 22,929 shares in the last quarter. Highview Capital Management LLC DE raised its position in NVIDIA by 6.7% in the fourth quarter. Highview Capital Management LLC DE now owns 58,396 shares of the computer hardware maker's stock worth $7,842,000 after acquiring an additional 3,653 shares in the last quarter. Hudson Value Partners LLC raised its position in NVIDIA by 30.7% in the fourth quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker's stock worth $6,805,000 after acquiring an additional 11,900 shares in the last quarter. Finally, Selway Asset Management purchased a new position in NVIDIA in the fourth quarter worth $269,000. Hedge funds and other institutional investors own 65.27% of the company's stock.
Analyst Ratings Changes
Several research analysts have issued reports on the company. Jefferies Financial Group increased their price objective on NVIDIA from $200.00 to $205.00 and gave the stock a "buy" rating in a research report on Thursday, August 28th. KeyCorp restated an "overweight" rating and issued a $230.00 price target (up previously from $215.00) on shares of NVIDIA in a research report on Thursday, August 28th. Loop Capital raised their price target on NVIDIA from $175.00 to $250.00 and gave the company a "buy" rating in a research report on Wednesday, June 25th. Wedbush restated an "outperform" rating and issued a $210.00 price target on shares of NVIDIA in a research report on Thursday, August 28th. Finally, BNP Paribas upgraded NVIDIA to a "hold" rating in a research report on Friday, August 1st. Four investment 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 assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $207.69.
Read Our Latest Research Report on NVIDIA
NVIDIA Trading Down 2.7%
NVIDIA stock opened at $167.02 on Friday. The stock has a market cap of $4.06 trillion, a PE ratio of 47.58, a P/E/G ratio of 1.21 and a beta of 2.10. The stock has a 50-day moving average price of $172.73 and a 200 day moving average price of $140.21. NVIDIA Corporation has a 52 week low of $86.62 and a 52 week high of $184.48. 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 results 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. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The company had revenue of $46.74 billion during the quarter, compared to analysts' expectations of $45.65 billion. During the same quarter in the previous year, the business earned $0.68 EPS. The firm's revenue was up 55.6% on a year-over-year basis. 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 fiscal year.
NVIDIA Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th will be paid 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 payout ratio is currently 1.14%.
Insider Transactions at NVIDIA
In other news, Director Tench Coxe sold 1,000,000 shares of NVIDIA stock in a transaction dated Monday, June 9th. The stock was sold at an average price of $142.80, for a total value of $142,800,000.00. Following the transaction, the director directly owned 26,671,360 shares of the company's stock, valued at $3,808,670,208. The trade was a 3.61% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Jen Hsun Huang sold 75,000 shares of NVIDIA stock in a transaction dated Wednesday, June 25th. The shares were sold at an average price of $152.54, for a total value of $11,440,500.00. Following the completion of the transaction, the chief executive officer directly owned 75,548,225 shares in the company, valued at $11,524,126,241.50. This represents a 0.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 4,872,755 shares of company stock valued at $764,283,330. 4.17% of the stock is currently owned by company insiders.
NVIDIA Company Profile
(
Free Report)
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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