Fuller & Thaler Asset Management Inc. Purchases 18,695 Shares of NVIDIA Corporation $NVDA

Key Points

• Fuller & Thaler Asset Management Inc. increased its stake in NVIDIA Corporation by 32.3%, now holding 76,502 shares valued at approximately $8.29 million.
• NVIDIA reported a net margin of 52.41% and a quarterly revenue of $46.74 billion, exceeding analyst expectations, with a year-over-year revenue increase of 55.6%.
• Several analysts have raised their target prices for NVIDIA, with a consensus target price of $207.42 and the stock currently enjoying a Moderate Buy rating.

Fuller & Thaler Asset Management Inc. lifted its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 32.3% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 76,502 shares of the computer hardware maker's stock after purchasing an additional 18,695 shares during the quarter. Fuller & Thaler Asset Management Inc.'s holdings in NVIDIA were worth $8,291,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in NVDA. Nuveen LLC acquired a new stake in shares of NVIDIA during the 1st quarter valued at $15,089,414,000. Goldman Sachs Group Inc. increased its position in NVIDIA by 123.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 187,995,213 shares of the computer hardware maker's stock worth $20,374,921,000 after purchasing an additional 103,889,872 shares during the last quarter. GAMMA Investing LLC increased its position in NVIDIA by 12,173.2% in the 1st quarter. GAMMA Investing LLC now owns 48,837,781 shares of the computer hardware maker's stock worth $5,293,039,000 after purchasing an additional 48,439,859 shares during the last quarter. Northern Trust Corp raised its stake in shares of NVIDIA by 15.8% during the 4th quarter. Northern Trust Corp now owns 266,454,194 shares of the computer hardware maker's stock worth $35,782,134,000 after purchasing an additional 36,266,817 shares in the last quarter. Finally, Assenagon Asset Management S.A. lifted its holdings in shares of NVIDIA by 204.6% during the 1st 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 buying an additional 23,948,733 shares during the last quarter. Institutional investors and hedge funds own 65.27% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. JPMorgan Chase & Co. restated an "overweight" rating and issued a $215.00 price objective on shares of NVIDIA in a report on Thursday, September 4th. Wells Fargo & Company increased their price objective on NVIDIA from $185.00 to $220.00 and gave the stock an "overweight" rating in a report on Monday, August 11th. Jefferies Financial Group increased their price objective on NVIDIA from $200.00 to $205.00 and gave the stock a "buy" rating in a report on Thursday, August 28th. Wedbush restated an "outperform" rating and issued a $210.00 price objective on shares of NVIDIA in a report on Thursday, August 28th. Finally, Wall Street Zen upgraded NVIDIA from a "hold" rating to a "buy" rating in a report on Friday, September 5th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, NVIDIA presently has an average rating of "Moderate Buy" and an average price target of $207.83.

Insider Buying and Selling

In other NVIDIA news, CEO Jen Hsun Huang sold 75,000 shares of NVIDIA stock in a transaction on Wednesday, June 25th. The stock was sold at an average price of $152.54, for a total transaction 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 legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Mark A. Stevens sold 608,248 shares of NVIDIA stock in a transaction on Wednesday, June 18th. The shares were sold at an average price of $145.26, for a total value of $88,354,104.48. Following the transaction, the director directly owned 8,247,600 shares of the company's stock, valued at approximately $1,198,046,376. The trade was a 6.87% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 3,907,755 shares of company stock valued at $633,253,430 over the last ninety days. 4.17% of the stock is owned by company insiders.

NVIDIA Stock Performance

NVDA traded down $0.16 during midday trading on Thursday, reaching $177.17. The company's stock had a trading volume of 150,723,200 shares, compared to its average volume of 176,675,152. The company has a fifty day simple moving average of $173.69 and a 200 day simple moving average of $140.91. The stock has a market cap of $4.31 trillion, a P/E ratio of 50.48, a PEG ratio of 1.29 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 Corporation has a twelve month low of $86.62 and a twelve month high of $184.48.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced 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. The business had revenue of $46.74 billion for the quarter, compared to the consensus estimate of $45.65 billion. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. NVIDIA's quarterly revenue was up 55.6% on a year-over-year basis. During the same quarter last year, the company posted $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. Research analysts expect that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th will be paid a $0.01 dividend. The ex-dividend date is Thursday, September 11th. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. NVIDIA's dividend payout ratio (DPR) is presently 1.14%.

NVIDIA Company 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.