Once Capital Management LLC Grows Stock Position in NVIDIA Corporation $NVDA

Once Capital Management LLC lifted its stake in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 13.6% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 552,000 shares of the computer hardware maker's stock after purchasing an additional 66,200 shares during the quarter. NVIDIA accounts for 27.3% of Once Capital Management LLC's holdings, making the stock its biggest holding. Once Capital Management LLC's holdings in NVIDIA were worth $59,826,000 as of its most recent filing with the SEC.

A number of other large investors have also recently modified their holdings of the business. Kathleen S. Wright Associates Inc. grew its holdings in NVIDIA by 169.3% during the 1st quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker's stock worth $44,000 after acquiring an additional 254 shares during the last quarter. Copia Wealth Management bought a new stake in NVIDIA in the 4th quarter valued at about $50,000. Barnes Dennig Private Wealth Management LLC bought a new position in shares of NVIDIA in the 1st quarter worth $51,000. Bruce G. Allen Investments LLC grew its position in NVIDIA by 198.2% in the 1st quarter. Bruce G. Allen Investments LLC now owns 492 shares of the computer hardware maker's stock valued at $53,000 after purchasing an additional 327 shares during the period. Finally, LSV Asset Management bought a new stake in NVIDIA during the 4th quarter valued at $54,000. Institutional investors and hedge funds own 65.27% of the company's stock.

NVIDIA Stock Performance

Shares of NASDAQ:NVDA traded up $1.04 during midday trading on Thursday, reaching $171.66. The company had a trading volume of 140,239,481 shares, compared to its average volume of 238,167,859. The stock has a market cap of $4.17 trillion, a P/E ratio of 48.91, a P/E/G ratio of 1.30 and a beta of 2.10. The company's 50 day moving average price is $172.21 and its 200 day moving average price is $139.78. The company has a current ratio of 4.21, a quick ratio of 2.96 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 announced 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 business had revenue of $46.74 billion for 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%. The company's revenue for the quarter was up 55.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. As a group, sell-side analysts anticipate that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 2nd. Investors 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 yield of 0.0%. NVIDIA's dividend payout ratio is presently 1.14%.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the stock. BNP Paribas upgraded shares of NVIDIA to a "hold" rating in a report on Friday, August 1st. Sanford C. Bernstein reaffirmed an "outperform" rating and issued a $225.00 price target (up previously from $185.00) on shares of NVIDIA in a research report on Thursday, August 28th. Piper Sandler set a $225.00 price objective on NVIDIA and gave the stock an "overweight" rating in a report on Wednesday, August 13th. Bank of America raised their target price on NVIDIA from $220.00 to $235.00 and gave the company a "buy" rating in a report on Thursday, August 28th. Finally, UBS Group upped their price target on NVIDIA from $175.00 to $205.00 and gave the stock a "buy" rating in a report on Thursday, August 21st. Four 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 assigned a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $207.69.

Insider Transactions at NVIDIA

In other NVIDIA news, Director Tench Coxe sold 1,000,000 shares of the firm's stock in a transaction on Monday, June 9th. The stock was sold at an average price of $142.80, for a total value of $142,800,000.00. Following the completion of the sale, the director directly owned 26,671,360 shares of the company's stock, valued at $3,808,670,208. This trade represents a 3.61% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Jen Hsun Huang sold 75,000 shares of the company's stock in a transaction on Wednesday, June 25th. The shares were sold at an average price of $152.54, for a total value of $11,440,500.00. Following the transaction, the chief executive officer directly owned 75,548,225 shares in the company, valued at $11,524,126,241.50. This represents a 0.10% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 4,951,604 shares of company stock worth $772,854,889 in the last ninety days. Company insiders own 4.17% of the company's stock.

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.