Natixis Advisors LLC Has $1.63 Billion Stock Position in NVIDIA Corporation $NVDA

Key Points

• Natixis Advisors LLC has decreased its position in NVIDIA by 1.9%, now holding approximately 15,030,376 shares, which makes up about 3.0% of its portfolio.
• Several research firms have increased their price targets for NVIDIA, with Wells Fargo raising it to $220.00 and Loop Capital to $250.00, reflecting strong market optimism.
• NVIDIA recently posted strong quarterly earnings, reporting $1.05 earnings per share, which exceeded analysts' expectations and showcased a 55.6% year-over-year revenue growth.

Natixis Advisors LLC trimmed its stake in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 1.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,030,376 shares of the computer hardware maker's stock after selling 284,287 shares during the period. NVIDIA accounts for 3.0% of Natixis Advisors LLC's holdings, making the stock its 3rd biggest position. Natixis Advisors LLC owned about 0.06% of NVIDIA worth $1,628,992,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. GAMMA Investing LLC increased its position in shares of NVIDIA by 12,173.2% during the first quarter. GAMMA Investing LLC now owns 48,837,781 shares of the computer hardware maker's stock valued at $5,293,039,000 after acquiring an additional 48,439,859 shares during the last quarter. Northern Trust Corp lifted its position in shares of NVIDIA by 15.8% during the 4th quarter. Northern Trust Corp now owns 266,454,194 shares of the computer hardware maker's stock worth $35,782,134,000 after buying an additional 36,266,817 shares during the last quarter. Assenagon Asset Management S.A. lifted its position in shares of NVIDIA by 204.6% during the 1st quarter. Assenagon Asset Management S.A. now owns 35,652,571 shares of the computer hardware maker's stock worth $3,864,026,000 after buying an additional 23,948,733 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in shares of NVIDIA during the 4th quarter worth approximately $2,987,733,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in NVIDIA by 11.4% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 200,898,191 shares of the computer hardware maker's stock valued at $26,978,618,000 after purchasing an additional 20,494,402 shares during the last quarter. 65.27% of the stock is owned by hedge funds and other institutional investors.

NVIDIA Trading Down 2.9%

NVDA stock traded down $4.97 during mid-day trading on Tuesday, reaching $169.21. 161,804,554 shares of the stock traded hands, compared to its average volume of 238,786,594. NVIDIA Corporation has a 52-week low of $86.62 and a 52-week high of $184.48. The stock's fifty day moving average is $171.43 and its 200-day moving average is $139.35. The company has a market cap of $4.11 trillion, a P/E ratio of 48.22, a P/E/G ratio of 1.30 and a beta of 2.10. 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 announced its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, beating analysts' consensus estimates of $1.01 by $0.04. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The firm had revenue of $46.74 billion for the quarter, compared to the consensus estimate of $45.65 billion. During the same period in the previous year, the firm posted $0.68 earnings per share. The firm's revenue was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. As a group, sell-side analysts expect that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Dividend Announcement

The business 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. The ex-dividend date is Thursday, September 11th. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. NVIDIA's dividend payout ratio (DPR) is presently 1.14%.

Analyst Ratings Changes

Several brokerages have issued reports on NVDA. Needham & Company LLC reissued a "buy" rating and issued a $200.00 price objective on shares of NVIDIA in a research note on Thursday, August 28th. Wells Fargo & Company raised their price target on shares of NVIDIA from $185.00 to $220.00 and gave the stock an "overweight" rating in a research note on Monday, August 11th. The Goldman Sachs Group reissued a "buy" rating and issued a $200.00 target price on shares of NVIDIA in a research report on Wednesday, August 27th. Piper Sandler set a $225.00 price target on shares of NVIDIA and gave the company an "overweight" rating in a report on Wednesday, August 13th. Finally, Rosenblatt Securities lifted their price target on shares of NVIDIA from $200.00 to $215.00 and gave the stock a "buy" rating in a research note on Thursday, August 28th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $207.69.

Insider Buying and Selling at NVIDIA

In related news, CEO Jen Hsun Huang sold 75,000 shares of the company's stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $179.76, for a total transaction of $13,482,000.00. Following the transaction, 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 position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Colette Kress sold 27,640 shares of the business's stock in a transaction dated Monday, August 4th. The stock was sold at an average price of $178.06, for a total value of $4,921,578.40. Following the sale, the chief financial officer directly owned 2,956,876 shares of the company's stock, valued at $526,501,340.56. This represents a 0.93% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 4,801,604 shares of company stock worth $747,046,639. 4.17% of the stock is currently owned by corporate insiders.

NVIDIA 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.