NVIDIA Corporation $NVDA Position Raised by Financiere des Professionnels Fonds d investissement inc.

Key Points

• Financiere des Professionnels Fonds d'investissement inc. increased its stake in NVIDIA Corporation by 76.4% in Q2, holding 176,046 shares valued at approximately $27.8 million.
• Insider transactions revealed that Directors Harvey C. Jones and Mark A. Stevens sold large quantities of NVIDIA stock, resulting in a decrease in their ownership positions by 3.36% and 4.52%, respectively.
• Analysts have raised NVIDIA’s price targets, with estimates now ranging up to $250.00, and the stock carries a consensus rating of "Moderate Buy" with a target price of $209.82.

Financiere des Professionnels Fonds d investissement inc. lifted its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 76.4% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 176,046 shares of the computer hardware maker's stock after buying an additional 76,247 shares during the quarter. NVIDIA makes up 1.7% of Financiere des Professionnels Fonds d investissement inc.'s investment portfolio, making the stock its 10th largest position. Financiere des Professionnels Fonds d investissement inc.'s holdings in NVIDIA were worth $27,814,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. HFG Wealth Management LLC grew its position in NVIDIA by 3.4% in the 2nd quarter. HFG Wealth Management LLC now owns 2,075 shares of the computer hardware maker's stock worth $328,000 after purchasing an additional 68 shares during the last quarter. Burkett Financial Services LLC increased its position in NVIDIA by 1.3% in the 2nd 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 period. Elevate Wealth Advisory Inc. boosted its stake in NVIDIA by 1.7% during the first quarter. Elevate Wealth Advisory Inc. now owns 4,617 shares of the computer hardware maker's stock worth $500,000 after acquiring an additional 77 shares in the last quarter. Ehrlich Financial Group raised its position in NVIDIA by 2.4% in the second quarter. Ehrlich Financial Group now owns 3,354 shares of the computer hardware maker's stock worth $530,000 after acquiring an additional 80 shares during the period. Finally, Earnest Partners LLC grew its stake in NVIDIA by 0.7% during the first quarter. Earnest Partners LLC now owns 11,334 shares of the computer hardware maker's stock valued at $1,228,000 after acquiring an additional 81 shares in the last quarter. 65.27% of the stock is currently owned by institutional investors.

Insider Buying and Selling at NVIDIA

In other news, Director Harvey C. Jones sold 250,000 shares of the firm's stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $176.21, for a total value of $44,052,500.00. Following the transaction, the director directly owned 7,183,280 shares in the company, valued at approximately $1,265,765,768.80. This trade represents a 3.36% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Mark A. Stevens sold 350,000 shares of NVIDIA 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 completion of the transaction, the director directly 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 disclosure for this sale can be found here. Over the last quarter, insiders sold 4,176,470 shares of company stock valued at $720,979,162. Corporate insiders own 4.17% of the company's stock.

NVIDIA Price Performance

NASDAQ NVDA opened at $178.19 on Friday. The company has a market cap of $4.33 trillion, a PE ratio of 50.77, a PEG ratio of 1.29 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. The stock's 50-day moving average price is $176.60 and its two-hundred day moving average price is $145.99. NVIDIA Corporation has a 1 year low of $86.62 and a 1 year high of $184.55.

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

NVIDIA Dividend Announcement

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

Analysts Set New Price Targets

A number of research firms recently issued reports on NVDA. Mizuho raised their price objective on shares of NVIDIA from $192.00 to $205.00 and gave the stock an "outperform" rating in a report on Thursday, August 14th. Evercore ISI raised their target price on NVIDIA from $214.00 to $225.00 and gave the company an "outperform" rating in a report on Tuesday, September 23rd. Loop Capital lifted their price target on NVIDIA from $175.00 to $250.00 and gave the company a "buy" rating in a research note on Wednesday, June 25th. Jefferies Financial Group reiterated a "buy" rating on shares of NVIDIA in a research note on Friday, September 12th. Finally, Daiwa Capital Markets raised their price target on NVIDIA from $165.00 to $205.00 and gave the stock an "outperform" rating in a report on Wednesday, September 17th. Four research analysts have rated the stock with a Strong Buy rating, thirty-six have assigned a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $209.82.

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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