NVIDIA Corporation $NVDA is LS Investment Advisors LLC's 5th Largest Position

Key Points

• LS Investment Advisors LLC reduced its stake in NVIDIA Corporation by 1.8%, now holding 136,201 shares, which accounts for 3.1% of their total holdings and makes it their 5th largest position.
• NVIDIA reported earnings of $1.05 per share for the last quarter, surpassing expectations and achieving revenue of $46.74 billion, a 55.6% increase year-over-year.
• The company announced a quarterly dividend of $0.01 per share, reflecting a 0.0% yield and a dividend payout ratio of 1.14%.

LS Investment Advisors LLC reduced its stake in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 1.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 136,201 shares of the computer hardware maker's stock after selling 2,450 shares during the quarter. NVIDIA accounts for 3.1% of LS Investment Advisors LLC's holdings, making the stock its 5th largest position. LS Investment Advisors LLC's holdings in NVIDIA were worth $21,518,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Astoria Portfolio Advisors LLC. increased its position in shares of NVIDIA by 0.9% in the first quarter. Astoria Portfolio Advisors LLC. now owns 93,568 shares of the computer hardware maker's stock valued at $9,610,000 after buying an additional 864 shares in the last quarter. Centerpoint Advisory Group increased its position in shares of NVIDIA by 2.5% in the first quarter. Centerpoint Advisory Group now owns 39,398 shares of the computer hardware maker's stock valued at $4,270,000 after buying an additional 943 shares in the last quarter. GSB Wealth Management LLC increased its position in shares of NVIDIA by 3.3% in the first quarter. GSB Wealth Management LLC now owns 32,611 shares of the computer hardware maker's stock valued at $3,534,000 after buying an additional 1,043 shares in the last quarter. Variant Private Wealth LLC boosted its stake in shares of NVIDIA by 20.6% in the first quarter. Variant Private Wealth LLC now owns 18,800 shares of the computer hardware maker's stock worth $2,038,000 after acquiring an additional 3,206 shares during the last quarter. Finally, Financial Perspectives Inc boosted its stake in NVIDIA by 2.8% during the first quarter. Financial Perspectives Inc now owns 45,958 shares of the computer hardware maker's stock worth $4,981,000 after buying an additional 1,265 shares during the last quarter. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

NVIDIA Price Performance

Shares of NVIDIA stock opened at $185.04 on Wednesday. NVIDIA Corporation has a twelve month low of $86.62 and a twelve month high of $191.05. The stock has a market capitalization of $4.50 trillion, a P/E ratio of 52.72, a PEG ratio of 1.34 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. The business's fifty day moving average price is $178.48 and its 200 day moving average price is $149.30.

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 for the quarter, beating analysts' consensus estimates of $1.01 by $0.04. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The firm had revenue of $46.74 billion for the quarter, compared to analysts' expectations of $45.65 billion. During the same quarter last year, the firm earned $0.68 earnings per share. The firm's revenue for the quarter was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. As a group, research analysts anticipate that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 2nd. Investors of record on Thursday, September 11th were issued a $0.01 dividend. The ex-dividend date was Thursday, September 11th. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. NVIDIA's dividend payout ratio (DPR) is presently 1.14%.

Insider Buying and Selling at NVIDIA

In other NVIDIA news, CEO Jen Hsun Huang sold 75,000 shares of the firm's stock in a transaction dated Wednesday, July 23rd. The stock was sold at an average price of $169.54, for a total value of $12,715,500.00. Following the transaction, the chief executive officer directly owned 74,123,225 shares of the company's stock, valued at $12,566,851,566.50. This trade represents a 0.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Harvey C. Jones sold 250,000 shares of the firm's stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $176.21, for a total value of $44,052,500.00. Following the completion of the transaction, the director directly owned 7,183,280 shares in the company, valued at $1,265,765,768.80. This trade represents a 3.36% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 3,947,622 shares of company stock valued at $694,333,235 over the last three months. 4.17% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of research firms have commented on NVDA. Benchmark lifted their target price on NVIDIA from $190.00 to $220.00 and gave the company a "buy" rating in a research report on Thursday, August 28th. Phillip Securities raised NVIDIA from a "moderate buy" rating to a "strong-buy" rating in a research report on Monday, July 14th. Piper Sandler set a $225.00 target price on NVIDIA and gave the stock an "overweight" rating in a research note on Wednesday, August 13th. Evercore ISI raised their price objective on NVIDIA from $214.00 to $225.00 and gave the company an "outperform" rating in a research note on Tuesday, September 23rd. Finally, Bank of America increased their target price on NVIDIA from $220.00 to $235.00 and gave the company a "buy" rating in a report on Thursday, August 28th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $211.26.

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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