NVIDIA Corporation $NVDA Stock Holdings Lessened by Global X Japan Co. Ltd.

Key Points

• Global X Japan Co. Ltd. reduced its stake in NVIDIA Corporation by 0.5% in the second quarter, now holding 355,270 shares valued at approximately $56.1 million.
• NVIDIA reported quarterly earnings of $1.05 per share, surpassing analysts' expectations, with year-over-year revenue growth of 55.6% to $46.74 billion.
• Insider activity included significant stock sales by Director Harvey C. Jones and CEO Jen Hsun Huang, indicating a slight decrease in their ownership positions.

Global X Japan Co. Ltd. decreased its stake in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 0.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 355,270 shares of the computer hardware maker's stock after selling 1,685 shares during the period. NVIDIA comprises about 5.7% of Global X Japan Co. Ltd.'s holdings, making the stock its 3rd largest position. Global X Japan Co. Ltd.'s holdings in NVIDIA were worth $56,129,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of the stock. Pachira Investments Inc. boosted its position in shares of NVIDIA by 1.0% during the second quarter. Pachira Investments Inc. now owns 6,450 shares of the computer hardware maker's stock valued at $1,019,000 after buying an additional 63 shares during the last quarter. HFG Wealth Management LLC boosted its position in NVIDIA by 3.4% in the second quarter. HFG Wealth Management LLC now owns 2,075 shares of the computer hardware maker's stock worth $328,000 after purchasing an additional 68 shares during the last quarter. Burkett Financial Services LLC boosted its position in NVIDIA by 1.3% in the second quarter. Burkett Financial Services LLC now owns 5,450 shares of the computer hardware maker's stock worth $861,000 after purchasing an additional 70 shares during the last quarter. Guided Capital Wealth Management LLC boosted its position in NVIDIA by 0.3% in the second quarter. Guided Capital Wealth Management LLC now owns 27,858 shares of the computer hardware maker's stock worth $4,401,000 after purchasing an additional 70 shares during the last quarter. Finally, Luts & Greenleigh Group Inc. boosted its position in NVIDIA by 0.4% in the second quarter. Luts & Greenleigh Group Inc. now owns 19,894 shares of the computer hardware maker's stock worth $3,143,000 after purchasing an additional 76 shares during the last quarter. Hedge funds and other institutional investors own 65.27% of the company's stock.

Insiders Place Their Bets

In other NVIDIA news, Director Harvey C. Jones sold 250,000 shares of the company's stock in a transaction dated Thursday, September 18th. The stock was sold at an average price of $176.21, for a total value of $44,052,500.00. Following the transaction, the director directly owned 7,183,280 shares in the company, valued at $1,265,765,768.80. This represents a 3.36% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Jen Hsun Huang sold 75,000 shares of the company's stock in a transaction dated Wednesday, July 9th. The stock was sold at an average price of $163.11, for a total value of $12,233,250.00. Following the completion of the transaction, the chief executive officer owned 74,873,225 shares in the company, valued at $12,212,571,729.75. This represents a 0.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 4,176,470 shares of company stock worth $720,979,162 in the last ninety days. 4.17% of the stock is currently owned by insiders.

NVIDIA Stock Performance

Shares of NVDA opened at $178.19 on Friday. The stock's 50-day simple moving average is $176.60 and its 200 day simple moving average is $145.99. The stock has a market capitalization of $4.33 trillion, a price-to-earnings ratio of 50.77, a price-to-earnings-growth ratio of 1.29 and a beta of 2.10. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.60 and a current ratio of 4.21. NVIDIA Corporation has a 52-week low of $86.62 and a 52-week high of $184.55.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.01 by $0.04. The business had revenue of $46.74 billion for the quarter, compared to analysts' expectations of $45.65 billion. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The firm's quarterly revenue was up 55.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. Research analysts forecast that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Dividend Announcement

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

Wall Street Analyst Weigh In

NVDA has been the topic of several research analyst reports. Phillip Securities raised NVIDIA from a "moderate buy" rating to a "strong-buy" rating in a research report on Monday, July 14th. Jefferies Financial Group reissued a "buy" rating on shares of NVIDIA in a research report on Friday, September 12th. Oppenheimer reaffirmed an "outperform" rating and set a $225.00 price target (up previously from $200.00) on shares of NVIDIA in a research report on Thursday, August 28th. Needham & Company LLC reaffirmed a "buy" rating and set a $200.00 price target on shares of NVIDIA in a research report on Thursday, August 28th. Finally, New Street Research upped their price target on NVIDIA from $200.00 to $235.00 and gave the company a "buy" rating in a research report on Friday, September 12th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-six have issued a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $209.82.

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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