NVIDIA Corporation $NVDA Stake Boosted by Shufro Rose & Co. LLC

Key Points

• Shufro Rose & Co. LLC significantly increased its stake in NVIDIA Corporation by 455.8%, purchasing an additional 115,000 shares, bringing their total holdings to 140,229 shares valued at approximately $15.2 million.
• NVIDIA reported impressive earnings, with earnings per share (EPS) of $1.05, exceeding analysts' expectations, and a revenue of $46.74 billion—a year-over-year increase of 55.6%.
• The company declared a quarterly dividend of $0.01 per share, to be paid on October 2nd, with a current dividend payout ratio of 1.14%.

Shufro Rose & Co. LLC grew its position in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 455.8% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 140,229 shares of the computer hardware maker's stock after purchasing an additional 115,000 shares during the period. NVIDIA comprises about 1.2% of Shufro Rose & Co. LLC's holdings, making the stock its 24th largest position. Shufro Rose & Co. LLC's holdings in NVIDIA were worth $15,198,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Invictus Private Wealth LLC raised its position in NVIDIA by 2.7% during the first quarter. Invictus Private Wealth LLC now owns 259,199 shares of the computer hardware maker's stock valued at $28,092,000 after acquiring an additional 6,762 shares in the last quarter. Elios Financial Group Inc. increased its position in NVIDIA by 4.9% during the first quarter. Elios Financial Group Inc. now owns 4,993 shares of the computer hardware maker's stock worth $541,000 after buying an additional 235 shares during the last quarter. Wealthquest Corp boosted its stake in shares of NVIDIA by 1.5% during the 1st quarter. Wealthquest Corp now owns 17,883 shares of the computer hardware maker's stock worth $1,938,000 after acquiring an additional 258 shares in the last quarter. EFG Asset Management Americas Corp. increased its holdings in shares of NVIDIA by 9.5% during the 1st quarter. EFG Asset Management Americas Corp. now owns 133,462 shares of the computer hardware maker's stock valued at $14,465,000 after acquiring an additional 11,553 shares during the last quarter. Finally, Pasadena Private Wealth LLC raised its stake in shares of NVIDIA by 7.6% in the 1st quarter. Pasadena Private Wealth LLC now owns 8,622 shares of the computer hardware maker's stock valued at $934,000 after acquiring an additional 610 shares in the last quarter. Institutional investors and hedge funds own 65.27% of the company's stock.

NVIDIA Stock Down 3.3%

NASDAQ NVDA opened at $174.18 on Monday. The stock's 50 day moving average is $170.83 and its two-hundred day moving average is $139.10. NVIDIA Corporation has a 1-year low of $86.62 and a 1-year high of $184.48. The company has a market capitalization of $4.23 trillion, a price-to-earnings ratio of 49.62, a PEG ratio of 1.30 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.

NVIDIA (NASDAQ:NVDA - Get Free Report) last released its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate 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 analyst estimates of $45.65 billion. During the same period in the prior year, the company posted $0.68 earnings per share. The business's revenue for the quarter was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. Equities analysts forecast that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement

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 (DPR) is currently 1.14%.

Insiders Place Their Bets

In other NVIDIA news, Director Tench Coxe sold 1,000,000 shares of NVIDIA 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 transaction, the director owned 26,671,360 shares in the company, valued at approximately $3,808,670,208. The trade was a 3.61% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Mark A. Stevens sold 935,000 shares of the business's stock in a transaction on Tuesday, June 3rd. The stock was sold at an average price of $140.92, for a total value of $131,760,200.00. Following the completion of the transaction, the director directly owned 9,214,697 shares in the company, valued at approximately $1,298,535,101.24. This represents a 9.21% decrease in their position. The disclosure for this sale can be found here. Insiders sold 5,736,604 shares of company stock valued at $878,806,839 over the last quarter. 4.17% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on NVDA. Jefferies Financial Group upped their target price on NVIDIA from $200.00 to $205.00 and gave the stock a "buy" rating in a research report on Thursday. UBS Group boosted their price objective on shares of NVIDIA from $175.00 to $205.00 and gave the stock a "buy" rating in a research note on Thursday, August 21st. Mizuho raised their price target on NVIDIA from $192.00 to $205.00 and gave the company an "outperform" rating in a research report on Thursday, August 14th. Raymond James Financial increased their target price on NVIDIA from $150.00 to $165.00 and gave the company a "strong-buy" rating in a research note on Thursday, May 29th. Finally, TD Cowen boosted their target price on shares of NVIDIA from $140.00 to $235.00 and gave the stock a "buy" rating in a research report on Tuesday, August 19th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, NVIDIA presently has an average rating of "Moderate Buy" and a consensus price target of $207.69.

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.

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