SWS Partners cut its holdings in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 6.3% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 55,499 shares of the computer hardware maker's stock after selling 3,732 shares during the quarter. NVIDIA accounts for 2.4% of SWS Partners' investment portfolio, making the stock its 7th largest holding. SWS Partners' holdings in NVIDIA were worth $8,769,000 as of its most recent SEC filing.
Several other large investors also recently modified their holdings of the stock. Kingstone Capital Partners Texas LLC increased its position in NVIDIA by 267,959.7% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 382,373,765 shares of the computer hardware maker's stock valued at $64,976,521,000 after buying an additional 382,231,120 shares in the last quarter. Nuveen LLC acquired a new stake in NVIDIA in the first quarter valued at approximately $15,089,414,000. Goldman Sachs Group Inc. increased its holdings in shares of NVIDIA by 123.5% during 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. Assenagon Asset Management S.A. raised its position in shares of NVIDIA by 204.6% during 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 purchasing an additional 23,948,733 shares during the period. Finally, Amundi raised its position in shares of NVIDIA by 16.0% during the first quarter. Amundi now owns 135,770,043 shares of the computer hardware maker's stock worth $13,826,199,000 after purchasing an additional 18,733,431 shares during the period. Institutional investors and hedge funds own 65.27% of the company's stock.
Insider Buying and Selling
In related news, CEO Jen Hsun Huang sold 75,000 shares of the firm's stock in a transaction dated Monday, August 4th. The shares were sold at an average price of $178.16, for a total transaction of $13,362,000.00. Following the completion of the sale, the chief executive officer owned 73,523,225 shares in the company, valued at approximately $13,098,897,766. This trade represents a 0.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Harvey C. Jones sold 250,000 shares of NVIDIA stock in a transaction dated Thursday, September 18th. The stock was sold at an average price of $176.21, for a total transaction of $44,052,500.00. Following the completion of the sale, the director directly owned 7,183,280 shares in the company, valued at approximately $1,265,765,768.80. This represents a 3.36% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 3,753,937 shares of company stock valued at $665,807,776. 4.17% of the stock is owned by insiders.
Analyst Ratings Changes
NVDA has been the subject of a number of recent research reports. DA Davidson upgraded shares of NVIDIA from a "neutral" rating to a "buy" rating and boosted their price target for the company from $195.00 to $210.00 in a research note on Thursday, September 11th. Piper Sandler set a $225.00 price objective on shares of NVIDIA and gave the company an "overweight" rating in a report on Wednesday, August 13th. Truist Financial upped their target price on shares of NVIDIA from $210.00 to $228.00 and gave the stock a "buy" rating in a report on Thursday, August 28th. Loop Capital raised their price target on shares of NVIDIA from $175.00 to $250.00 and gave the company a "buy" rating in a research report on Wednesday, June 25th. Finally, Rosenblatt Securities reissued a "buy" rating and set a $215.00 price objective on shares of NVIDIA in a report on Tuesday, September 23rd. Four analysts have rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, NVIDIA presently has a consensus rating of "Moderate Buy" and an average target price of $213.37.
Check Out Our Latest Research Report on NVDA
NVIDIA Price Performance
Shares of NASDAQ NVDA opened at $188.32 on Tuesday. The company has a market capitalization of $4.58 trillion, a PE ratio of 53.65, a PEG ratio of 1.32 and a beta of 2.12. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08. The stock's 50 day moving average price is $179.32 and its 200-day moving average price is $151.57. NVIDIA Corporation has a twelve month low of $86.62 and a twelve month high of $195.62.
NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its quarterly 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. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The company had revenue of $46.74 billion during the quarter, compared to the consensus estimate of $45.65 billion. During the same period last year, the business posted $0.68 earnings per share. NVIDIA's revenue was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. On average, equities analysts anticipate that NVIDIA Corporation will post 2.77 EPS for the current year.
NVIDIA Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Thursday, October 2nd. Investors of record on Thursday, September 11th were issued a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.0%. The ex-dividend date of this dividend was Thursday, September 11th. NVIDIA's payout ratio is 1.14%.
NVIDIA Company Profile
(
Free Report)
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.
Further Reading
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