NVIDIA Corporation $NVDA is Oriental Harbor Investment Fund's 3rd Largest Position

Key Points

• Oriental Harbor Investment Fund has trimmed its stake in NVIDIA Corporation by 8.0%, making it the 3rd largest position in their portfolio, totaling $200.15 million in value.
• Several institutional investors have increased their holdings in NVIDIA, with Kingstone Capital Partners Texas LLC notably raising its stake by 267,959.7%, now owning approximately $64.98 billion worth of shares.
• NVIDIA reported a 55.6% year-over-year increase in revenue with an earnings per share (EPS) of $1.05, surpassing expectations, while its latest quarterly dividend was a nominal $0.01 per share.

Oriental Harbor Investment Fund trimmed its stake in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 8.0% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,267,834 shares of the computer hardware maker's stock after selling 110,586 shares during the period. NVIDIA accounts for 12.4% of Oriental Harbor Investment Fund's portfolio, making the stock its 3rd largest holding. Oriental Harbor Investment Fund's holdings in NVIDIA were worth $200,157,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Kingstone Capital Partners Texas LLC lifted its holdings in shares of NVIDIA by 267,959.7% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 382,373,765 shares of the computer hardware maker's stock worth $64,976,521,000 after acquiring an additional 382,231,120 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of NVIDIA by 2.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 206,794,926 shares of the computer hardware maker's stock worth $22,412,434,000 after acquiring an additional 5,896,735 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of NVIDIA by 123.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 187,995,213 shares of the computer hardware maker's stock worth $20,374,921,000 after acquiring an additional 103,889,872 shares during the last quarter. Nuveen LLC bought a new stake in shares of NVIDIA in the 1st quarter worth about $15,089,414,000. Finally, Amundi lifted its holdings in shares of NVIDIA by 16.0% in the 1st quarter. Amundi now owns 135,770,043 shares of the computer hardware maker's stock worth $13,826,199,000 after acquiring an additional 18,733,431 shares during the last quarter. 65.27% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. Sanford C. Bernstein restated a "buy" rating on shares of NVIDIA in a report on Tuesday, September 23rd. DA Davidson upgraded shares of NVIDIA from a "neutral" rating to a "buy" rating and lifted their price objective for the company from $195.00 to $210.00 in a report on Thursday, September 11th. BNP Paribas upgraded shares of NVIDIA to a "hold" rating in a report on Friday, August 1st. Bank of America lifted their price objective on shares of NVIDIA from $220.00 to $235.00 and gave the company a "buy" rating in a report on Thursday, August 28th. Finally, Mizuho lifted their price objective on shares of NVIDIA from $205.00 to $225.00 and gave the company an "outperform" rating in a report on Monday, October 13th. Five investment analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Buy" and a consensus target price of $222.23.

NVIDIA Stock Up 0.8%

Shares of NVIDIA stock opened at $183.22 on Monday. 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 company has a market cap of $4.45 trillion, a P/E ratio of 52.20, a PEG ratio of 1.32 and a beta of 2.12. The firm's 50 day moving average price is $179.40 and its 200-day moving average price is $153.63. NVIDIA Corporation has a 52-week low of $86.62 and a 52-week high of $195.62.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, topping the consensus estimate 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 net margin of 52.41% and a return on equity of 101.74%. NVIDIA's revenue was up 55.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. On average, sell-side analysts predict that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 2nd. Shareholders of record on Thursday, September 11th were paid a dividend of $0.01 per share. 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 is presently 1.14%.

Insider Buying and Selling at NVIDIA

In other NVIDIA news, Director Mark A. Stevens sold 350,000 shares of the company's stock in a transaction that occurred on Friday, September 19th. The shares were sold at an average price of $176.39, for a total transaction of $61,736,500.00. Following the transaction, the director owned 7,399,803 shares in the company, valued at approximately $1,305,251,251.17. This represents a 4.52% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Harvey C. Jones sold 250,000 shares of the company's stock in a transaction that occurred on Thursday, September 18th. The shares were sold at an average price of $176.21, for a total transaction of $44,052,500.00. Following the transaction, the director owned 7,183,280 shares in the company, valued at $1,265,765,768.80. The trade was a 3.36% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 3,678,937 shares of company stock worth $654,837,526. 4.17% of the stock is 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.

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