NVIDIA Corporation $NVDA is Rathbones Group PLC's 8th Largest Position

Key Points

• Rathbones Group PLC increased its position in NVIDIA by 9.2% during the first quarter, holding 4,910,079 shares valued at approximately $532 million, making NVIDIA the 8th largest position in their portfolio.
• Several institutional investors made significant changes to their NVIDIA holdings, with Copia Wealth Management and others acquiring new positions, while investments such as Kathleen S. Wright Associates rose by 169.3%.
• NVIDIA reported a 55.6% year-over-year revenue increase in their latest earnings results, surpassing analysts’ expectations and achieving an earnings per share of $1.05.

Rathbones Group PLC lifted its position in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 9.2% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,910,079 shares of the computer hardware maker's stock after purchasing an additional 412,087 shares during the quarter. NVIDIA comprises about 2.6% of Rathbones Group PLC's holdings, making the stock its 8th biggest holding. Rathbones Group PLC's holdings in NVIDIA were worth $532,153,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of NVDA. Kathleen S. Wright Associates Inc. lifted its position in NVIDIA by 169.3% in the first quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker's stock valued at $44,000 after buying an additional 254 shares during the last quarter. Copia Wealth Management acquired a new position in NVIDIA in the fourth quarter valued at about $50,000. Barnes Dennig Private Wealth Management LLC acquired a new position in NVIDIA in the first quarter valued at about $51,000. Bruce G. Allen Investments LLC lifted its position in NVIDIA by 198.2% in the first quarter. Bruce G. Allen Investments LLC now owns 492 shares of the computer hardware maker's stock valued at $53,000 after buying an additional 327 shares during the last quarter. Finally, Campbell Capital Management Inc. lifted its position in NVIDIA by 5,900.0% in the first quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker's stock valued at $65,000 after buying an additional 590 shares during the last quarter. Institutional investors and hedge funds own 65.27% of the company's stock.

Analyst Ratings Changes

A number of research firms have commented on NVDA. Needham & Company LLC reaffirmed a "buy" rating and issued a $200.00 target price on shares of NVIDIA in a research report on Thursday, August 28th. Barclays upped their target price on shares of NVIDIA from $170.00 to $200.00 and gave the company an "overweight" rating in a research report on Tuesday, June 17th. Robert W. Baird increased their price target on shares of NVIDIA from $195.00 to $225.00 and gave the stock an "outperform" rating in a research report on Monday, August 25th. Phillip Securities raised shares of NVIDIA from a "moderate buy" rating to a "strong-buy" rating in a research report on Monday, July 14th. Finally, Loop Capital increased their price target on shares of NVIDIA from $175.00 to $250.00 and gave the stock a "buy" rating in a research report on Wednesday, June 25th. Four investment 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 assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $207.42.

Insider Activity at NVIDIA

In other NVIDIA news, Director Dawn E. Hudson sold 18,000 shares of the stock in a transaction that occurred on Wednesday, September 3rd. The shares were sold at an average price of $172.00, for a total value of $3,096,000.00. Following the transaction, the director directly owned 368,887 shares in the company, valued at $63,448,564. This represents a 4.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Jen Hsun Huang sold 75,000 shares of the stock in a transaction that occurred on Monday, September 8th. The shares were sold at an average price of $169.71, for a total transaction of $12,728,250.00. Following the completion of the transaction, the chief executive officer owned 72,398,366 shares in the company, valued at $12,286,726,693.86. This represents a 0.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 3,832,755 shares of company stock worth $619,935,680. 4.17% of the stock is owned by corporate insiders.

NVIDIA Stock Up 1.5%

Shares of NASDAQ:NVDA opened at $170.76 on Wednesday. The firm's 50 day moving average price is $173.29 and its 200 day moving average price is $140.65. The stock has a market cap of $4.15 trillion, a price-to-earnings ratio of 48.65, a price-to-earnings-growth ratio of 1.22 and a beta of 2.10. NVIDIA Corporation has a fifty-two week low of $86.62 and a fifty-two week high of $184.48. 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 (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 the consensus estimate of $1.01 by $0.04. The firm had revenue of $46.74 billion for the quarter, compared to analysts' expectations of $45.65 billion. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The firm's revenue was up 55.6% compared to the same quarter last year. During the same quarter last year, the company earned $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 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

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

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.

Want to see what other hedge funds are holding NVDA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NVIDIA Corporation (NASDAQ:NVDA - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.