NVIDIA Corporation $NVDA Shares Sold by IFM Investors Pty Ltd

Key Points

• IFM Investors Pty Ltd reduced its shareholding in NVIDIA Corporation by 0.3% in Q1, retaining approximately 4.63 million shares, worth about $501.8 million.
• CEO Jen Hsun Huang and Director Mark A. Stevens recently sold shares valued at over $99 million combined, indicating notable insider selling activity.
• NVIDIA's stock has seen substantial analyst upgrades, with updated price targets reaching as high as $250, reflecting strong market confidence in the company's performance.

IFM Investors Pty Ltd lowered its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 0.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,629,986 shares of the computer hardware maker's stock after selling 15,915 shares during the period. NVIDIA accounts for approximately 5.4% of IFM Investors Pty Ltd's portfolio, making the stock its 2nd largest position. IFM Investors Pty Ltd's holdings in NVIDIA were worth $501,798,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of NVDA. Nuveen LLC acquired a new position in NVIDIA in the first quarter valued at $15,089,414,000. Goldman Sachs Group Inc. boosted its stake in 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 valued at $20,374,921,000 after acquiring an additional 103,889,872 shares in the last quarter. GAMMA Investing LLC boosted its stake in 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 valued at $5,293,039,000 after acquiring an additional 48,439,859 shares in the last quarter. Northern Trust Corp boosted its stake in NVIDIA by 15.8% in the fourth quarter. Northern Trust Corp now owns 266,454,194 shares of the computer hardware maker's stock valued at $35,782,134,000 after acquiring an additional 36,266,817 shares in the last quarter. Finally, Assenagon Asset Management S.A. boosted its stake in 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 valued at $3,864,026,000 after acquiring an additional 23,948,733 shares in the last quarter. Institutional investors and hedge funds own 65.27% of the company's stock.

Insider Buying and Selling

In other NVIDIA news, CEO Jen Hsun Huang sold 75,000 shares of the stock in a transaction dated 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 completion of the transaction, the chief executive officer directly owned 75,548,225 shares of the company's stock, valued at approximately $11,524,126,241.50. This trade represents a 0.10% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Mark A. Stevens sold 608,248 shares of the stock in a transaction dated Wednesday, June 18th. The shares were sold at an average price of $145.26, for a total transaction of $88,354,104.48. Following the completion of the transaction, the director directly owned 8,247,600 shares of the company's stock, valued at approximately $1,198,046,376. This trade represents a 6.87% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 3,907,755 shares of company stock valued at $633,253,430 over the last ninety days. Corporate insiders own 4.17% of the company's stock.

NVIDIA Price Performance

Shares of NASDAQ:NVDA opened at $177.82 on Friday. The company has a 50-day simple moving average of $174.42 and a 200-day simple moving average of $141.65. NVIDIA Corporation has a one year low of $86.62 and a one year high of $184.48. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.60 and a current ratio of 4.21. The stock has a market capitalization of $4.32 trillion, a price-to-earnings ratio of 50.66, a PEG ratio of 1.29 and a beta of 2.10.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, beating analysts' consensus estimates of $1.01 by $0.04. The business had revenue of $46.74 billion during 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 business's revenue was up 55.6% compared to the same quarter last year. During the same period in the prior year, the company earned $0.68 earnings per share. 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 Announces Dividend

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

Analysts Set New Price Targets

Several equities analysts have issued reports on the stock. Loop Capital upped their price objective on shares of NVIDIA from $175.00 to $250.00 and gave the company a "buy" rating in a research note on Wednesday, June 25th. Arete Research upgraded shares of NVIDIA to a "strong-buy" rating in a research note on Wednesday, May 21st. Mizuho upped their price objective on shares of NVIDIA from $192.00 to $205.00 and gave the company an "outperform" rating in a research note on Thursday, August 14th. Oppenheimer restated an "outperform" rating and issued a $225.00 price objective (up previously from $200.00) on shares of NVIDIA in a research note on Thursday, August 28th. Finally, Phillip Securities upgraded shares of NVIDIA from a "moderate buy" rating to a "strong-buy" rating in a research note on Monday, July 14th. Four research analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $207.83.

About NVIDIA

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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