NVIDIA Corporation $NVDA Stock Holdings Reduced by NorthStar Asset Management LLC NJ

NorthStar Asset Management LLC NJ lowered its position in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 2.1% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 84,822 shares of the computer hardware maker's stock after selling 1,850 shares during the quarter. NVIDIA makes up approximately 2.8% of NorthStar Asset Management LLC NJ's holdings, making the stock its 4th biggest position. NorthStar Asset Management LLC NJ's holdings in NVIDIA were worth $9,193,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Pinnacle Associates Ltd. grew its stake in NVIDIA by 1.4% in the first quarter. Pinnacle Associates Ltd. now owns 910,685 shares of the computer hardware maker's stock valued at $98,700,000 after purchasing an additional 12,256 shares in the last quarter. Dorsey Wright & Associates grew its stake in NVIDIA by 4.1% in the first quarter. Dorsey Wright & Associates now owns 110,570 shares of the computer hardware maker's stock valued at $11,984,000 after purchasing an additional 4,370 shares in the last quarter. BG Investment Services Inc. grew its stake in NVIDIA by 68.0% in the first quarter. BG Investment Services Inc. now owns 8,481 shares of the computer hardware maker's stock valued at $934,000 after purchasing an additional 3,433 shares in the last quarter. Opes Wealth Management LLC grew its stake in NVIDIA by 5.1% in the first quarter. Opes Wealth Management LLC now owns 32,363 shares of the computer hardware maker's stock valued at $3,507,000 after purchasing an additional 1,579 shares in the last quarter. Finally, Financial & Tax Architects LLC boosted its stake in shares of NVIDIA by 2.0% during the 1st quarter. Financial & Tax Architects LLC now owns 35,699 shares of the computer hardware maker's stock worth $3,869,000 after acquiring an additional 699 shares in the last quarter. Hedge funds and other institutional investors own 65.27% of the company's stock.

Insiders Place Their Bets

In other news, EVP Ajay K. Puri sold 168,195 shares of NVIDIA stock in a transaction that occurred on Wednesday, June 25th. The stock was sold at an average price of $152.64, for a total transaction of $25,673,284.80. Following the sale, the executive vice president owned 4,018,547 shares of the company's stock, valued at approximately $613,391,014.08. This trade represents a 4.02% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Mark A. Stevens sold 935,000 shares of NVIDIA stock in a transaction that occurred 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 sale, the director directly owned 9,214,697 shares in the company, valued at $1,298,535,101.24. The trade was a 9.21% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 5,912,440 shares of company stock valued at $902,886,782. Corporate insiders own 4.17% of the company's stock.

Wall Street Analysts Forecast Growth

NVDA has been the subject of several recent analyst reports. Barclays upped their price target on NVIDIA from $170.00 to $200.00 and gave the stock an "overweight" rating in a research note on Tuesday, June 17th. Rosenblatt Securities upped their price target on NVIDIA from $178.00 to $200.00 and gave the stock a "buy" rating in a research note on Thursday, May 29th. Jefferies Financial Group upped their price target on NVIDIA from $185.00 to $200.00 in a research note on Wednesday, July 16th. TD Cowen upped their price target on NVIDIA from $140.00 to $235.00 and gave the stock a "buy" rating in a research note on Tuesday. Finally, Summit Insights upgraded NVIDIA from a "hold" rating to a "buy" rating in a research note on Thursday, May 29th. Four research analysts have rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, NVIDIA currently has a consensus rating of "Moderate Buy" and an average target price of $191.78.

NVIDIA Stock Performance

Shares of NASDAQ NVDA opened at $174.98 on Friday. The company has a quick ratio of 2.96, a current ratio of 3.39 and a debt-to-equity ratio of 0.10. The business's 50 day moving average is $166.63 and its two-hundred day moving average is $136.90. The company has a market cap of $4.27 trillion, a P/E ratio of 56.45, a P/E/G ratio of 1.54 and a beta of 2.14. NVIDIA Corporation has a 12 month low of $86.62 and a 12 month high of $184.48.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its quarterly earnings results on Wednesday, May 28th. The computer hardware maker reported $0.81 EPS for the quarter, missing the consensus estimate of $0.87 by ($0.06). The business had revenue of $44.06 billion during the quarter, compared to the consensus estimate of $43.09 billion. NVIDIA had a return on equity of 105.09% and a net margin of 51.69%.The business's quarterly revenue was up 69.2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.61 earnings per share. NVIDIA has set its Q2 2026 guidance at EPS. On average, equities analysts expect that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 3rd. Shareholders of record on Wednesday, June 11th were given a $0.01 dividend. This represents a $0.04 annualized dividend and a yield of 0.0%. The ex-dividend date of this dividend was Wednesday, June 11th. NVIDIA's payout ratio is currently 1.29%.

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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