NVIDIA Corporation $NVDA Shares Purchased by Pensionfund Sabic

Key Points

• Pensionfund Sabic increased its holdings in NVIDIA Corporation by 43.3%, now owning 48,000 shares worth approximately $5.2 million, making it the fund's 7th largest investment.
• Numerous institutional investors, including Goldman Sachs, raised their positions in NVIDIA, with Goldman Sachs increasing its stake by 123.5% to hold approximately 188 million shares valued at over $20 billion.
• NVIDIA reported earnings of $1.05 per share for the last quarter, exceeding expectations, and announced a quarterly dividend of $0.01 per share, with a payout ratio of 1.14%.

Pensionfund Sabic increased its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 43.3% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 48,000 shares of the computer hardware maker's stock after purchasing an additional 14,500 shares during the quarter. NVIDIA accounts for 1.6% of Pensionfund Sabic's investment portfolio, making the stock its 7th biggest holding. Pensionfund Sabic's holdings in NVIDIA were worth $5,202,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Nuveen LLC acquired a new position in shares of NVIDIA in the first quarter worth $15,089,414,000. Goldman Sachs Group Inc. raised its holdings in shares of NVIDIA by 123.5% in the first 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. GAMMA Investing LLC raised its holdings in shares of NVIDIA by 12,173.2% in the first quarter. GAMMA Investing LLC now owns 48,837,781 shares of the computer hardware maker's stock worth $5,293,039,000 after acquiring an additional 48,439,859 shares during the last quarter. Northern Trust Corp raised its holdings in shares of NVIDIA by 15.8% in the fourth quarter. Northern Trust Corp now owns 266,454,194 shares of the computer hardware maker's stock worth $35,782,134,000 after acquiring an additional 36,266,817 shares during the last quarter. Finally, Assenagon Asset Management S.A. raised its holdings in shares of NVIDIA by 204.6% in the first 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 acquiring an additional 23,948,733 shares during the last quarter. 65.27% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at NVIDIA

In other NVIDIA news, Director Dawn E. Hudson sold 18,000 shares of the business's stock in a transaction dated Wednesday, September 3rd. The stock was sold at an average price of $172.00, for a total transaction of $3,096,000.00. Following the completion of the sale, the director owned 368,887 shares of the company's stock, valued at approximately $63,448,564. The trade was a 4.65% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Mark A. Stevens sold 297,797 shares of the business's stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $178.19, for a total value of $53,064,447.43. Following the sale, the director directly owned 7,749,803 shares of the company's stock, valued at approximately $1,380,937,396.57. This trade represents a 3.70% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 4,405,552 shares of company stock valued at $721,811,877. Company insiders own 4.17% of the company's stock.

NVIDIA Price Performance

NVDA stock opened at $177.75 on Tuesday. The stock has a 50-day moving average price of $174.81 and a two-hundred day moving average price of $142.18. NVIDIA Corporation has a 12-month low of $86.62 and a 12-month high of $184.48. 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 company has a market cap of $4.32 trillion, a PE ratio of 50.64, a price-to-earnings-growth ratio of 1.29 and a beta of 2.10.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $46.74 billion during the quarter, compared to the consensus estimate of $45.65 billion. During the same quarter in the previous year, the business earned $0.68 earnings per share. The firm's quarterly revenue was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. As a group, research analysts predict that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Dividend Announcement

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

Analyst Upgrades and Downgrades

NVDA has been the subject of a number of analyst reports. Wedbush reissued an "outperform" rating and issued a $210.00 price target on shares of NVIDIA in a report on Thursday, August 28th. Wolfe Research boosted their price target on NVIDIA from $220.00 to $230.00 and gave the stock an "outperform" rating in a report on Thursday, August 28th. Morgan Stanley boosted their price target on NVIDIA from $206.00 to $210.00 and gave the stock an "overweight" rating in a report on Thursday, August 28th. Arete Research upgraded NVIDIA to a "strong-buy" rating in a research note on Wednesday, May 21st. Finally, Wells Fargo & Company increased their target price on NVIDIA from $185.00 to $220.00 and gave the stock an "overweight" rating in a research report on Monday, August 11th. Four research analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, NVIDIA currently has an average rating of "Moderate Buy" and an average price target 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.

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.