NVIDIA Corporation $NVDA is Plato Investment Management Ltd's 2nd Largest Position

Key Points

• Plato Investment Management Ltd has reduced its stake in NVIDIA Corporation by 11.6%, now holding 569,760 shares, which constitute approximately 5.3% of its investment portfolio, making it the firm's second largest position.
• Insider transactions included Director Dawn E. Hudson selling 18,000 shares for about $3.1 million and CEO Jen Hsun Huang selling 75,000 shares for around $13.3 million, both indicating slight decreases in their ownership stakes.
• NVIDIA recently announced a quarterly dividend of $0.01, with a dividend yield of 0.0%, and had a quarterly revenue growth of 55.6% compared to the same period last year, reporting earnings per share of $1.05.

Plato Investment Management Ltd trimmed its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 11.6% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 569,760 shares of the computer hardware maker's stock after selling 74,423 shares during the quarter. NVIDIA makes up approximately 5.3% of Plato Investment Management Ltd's investment portfolio, making the stock its 2nd largest position. Plato Investment Management Ltd's holdings in NVIDIA were worth $62,420,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in NVDA. Nuveen LLC purchased a new stake in NVIDIA in the 1st quarter valued at $15,089,414,000. Goldman Sachs Group Inc. grew its holdings in 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 valued at $20,374,921,000 after buying an additional 103,889,872 shares in the last quarter. GAMMA Investing LLC grew its holdings in shares of NVIDIA by 12,173.2% during the 1st quarter. GAMMA Investing LLC now owns 48,837,781 shares of the computer hardware maker's stock worth $5,293,039,000 after purchasing an additional 48,439,859 shares during the period. Northern Trust Corp grew its holdings 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 purchasing an additional 36,266,817 shares during the period. Finally, Assenagon Asset Management S.A. grew its holdings 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 purchasing an additional 23,948,733 shares during the period. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at NVIDIA

In other news, Director Dawn E. Hudson sold 18,000 shares of the firm's stock in a transaction that occurred on Wednesday, September 3rd. The stock was sold at an average price of $172.00, for a total value of $3,096,000.00. Following the completion of the sale, the director directly owned 368,887 shares of the company's stock, valued at $63,448,564. This trade represents a 4.65% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Jen Hsun Huang sold 75,000 shares of the firm's stock in a transaction that occurred on Wednesday, September 10th. The shares were sold at an average price of $177.57, for a total value of $13,317,750.00. Following the completion of the sale, the chief executive officer directly owned 72,248,366 shares of the company's stock, valued at $12,829,142,350.62. This represents a 0.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 3,907,755 shares of company stock valued at $633,253,430 over the last three months. Insiders own 4.17% of the company's stock.

NVIDIA Trading Up 0.4%

NASDAQ:NVDA opened at $177.82 on Friday. The stock's 50 day moving average price is $174.42 and its 200 day moving average price is $141.65. The company has a market capitalization of $4.32 trillion, a PE ratio of 50.66, a P/E/G ratio of 1.29 and a beta of 2.10. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08. NVIDIA Corporation has a 52-week low of $86.62 and a 52-week high of $184.48.

NVIDIA (NASDAQ:NVDA - Get Free Report) last released its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.01 by $0.04. The firm had revenue of $46.74 billion for the quarter, compared to the consensus estimate of $45.65 billion. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The firm's quarterly revenue was up 55.6% compared to the same quarter last year. During the same quarter last year, the business posted $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. On average, research analysts anticipate that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th will be issued 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 dividend payout ratio (DPR) is currently 1.14%.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on NVDA shares. Arete Research upgraded NVIDIA to a "strong-buy" rating in a report on Wednesday, May 21st. Piper Sandler set a $225.00 price target on NVIDIA and gave the stock an "overweight" rating in a report on Wednesday, August 13th. Cantor Fitzgerald reiterated an "overweight" rating and set a $240.00 price target on shares of NVIDIA in a report on Thursday, August 28th. Craig Hallum increased their target price on NVIDIA from $195.00 to $245.00 and gave the stock a "buy" rating in a research note on Thursday, August 28th. Finally, Wall Street Zen raised NVIDIA from a "hold" rating to a "buy" rating in a research note on Friday, September 5th. Four analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $207.83.

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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