NVIDIA Corporation $NVDA is MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH's Largest Position

Key Points

• MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH has made NVIDIA Corporation ($NVDA) its largest position, holding 996,049 shares after reducing its holdings by 18.1% in the second quarter.
• Insider transactions show significant sales from NVIDIA executives, including a 250,000 share sale by Director Harvey C. Jones, reducing his ownership stake by 3.36%.
• Analysts have a positive outlook on NVIDIA, with multiple firms raising their price targets, ranging from $212.00 to $235.00, indicating strong demand in the stock.

MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH lowered its holdings in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 18.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 996,049 shares of the computer hardware maker's stock after selling 219,807 shares during the quarter. NVIDIA accounts for about 4.4% of MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH's investment portfolio, making the stock its biggest holding. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH's holdings in NVIDIA were worth $157,366,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the company. Pachira Investments Inc. increased its position in NVIDIA by 1.0% during the second quarter. Pachira Investments Inc. now owns 6,450 shares of the computer hardware maker's stock valued at $1,019,000 after acquiring an additional 63 shares during the last quarter. HFG Wealth Management LLC increased its position in NVIDIA by 3.4% during the second quarter. HFG Wealth Management LLC now owns 2,075 shares of the computer hardware maker's stock valued at $328,000 after acquiring an additional 68 shares during the last quarter. Hidden Cove Wealth Management LLC increased its position in NVIDIA by 0.3% during the second quarter. Hidden Cove Wealth Management LLC now owns 23,778 shares of the computer hardware maker's stock valued at $3,757,000 after acquiring an additional 69 shares during the last quarter. Burkett Financial Services LLC increased its position in NVIDIA by 1.3% during the second quarter. Burkett Financial Services LLC now owns 5,450 shares of the computer hardware maker's stock valued at $861,000 after acquiring an additional 70 shares during the last quarter. Finally, Guided Capital Wealth Management LLC increased its position in NVIDIA by 0.3% during the second quarter. Guided Capital Wealth Management LLC now owns 27,858 shares of the computer hardware maker's stock valued at $4,401,000 after acquiring an additional 70 shares during the last quarter. Hedge funds and other institutional investors own 65.27% of the company's stock.

Insider Transactions at NVIDIA

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 transaction, the director 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Jen Hsun Huang sold 75,000 shares of the company's stock in a transaction dated Friday, July 18th. The stock was sold at an average price of $172.52, for a total value of $12,939,000.00. Following the completion of the transaction, the chief executive officer directly owned 74,348,225 shares of the company's stock, valued at approximately $12,826,555,777. This trade represents a 0.10% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 3,921,593 shares of company stock valued at $686,502,137 over the last 90 days. Company insiders own 4.17% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. Piper Sandler set a $225.00 price objective on NVIDIA and gave the company an "overweight" rating in a research report on Wednesday, August 13th. Robert W. Baird boosted their price target on NVIDIA from $195.00 to $225.00 and gave the company an "outperform" rating in a report on Monday, August 25th. Benchmark boosted their price target on NVIDIA from $190.00 to $220.00 and gave the company a "buy" rating in a report on Thursday, August 28th. Stifel Nicolaus boosted their price target on NVIDIA from $202.00 to $212.00 and gave the company a "buy" rating in a report on Monday, August 25th. Finally, TD Cowen boosted their price target on NVIDIA from $140.00 to $235.00 and gave the company a "buy" rating in a report on Tuesday, August 19th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $211.26.

NVIDIA Stock Performance

NASDAQ NVDA opened at $185.54 on Tuesday. The firm has a market cap of $4.51 trillion, a price-to-earnings ratio of 52.86, a price-to-earnings-growth ratio of 1.36 and a beta of 2.12. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08. The business has a 50-day moving average price of $178.29 and a 200-day moving average price of $149.05. NVIDIA Corporation has a twelve month low of $86.62 and a twelve month high of $191.05.

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

NVIDIA Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th were paid a $0.01 dividend. The ex-dividend date of this dividend was Thursday, September 11th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.0%. NVIDIA's dividend payout ratio is 1.14%.

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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