NVIDIA Corporation $NVDA Stock Position Raised by Tredje AP fonden

Tredje AP fonden increased its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 5.7% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,567,408 shares of the computer hardware maker's stock after purchasing an additional 297,953 shares during the quarter. NVIDIA accounts for 5.6% of Tredje AP fonden's portfolio, making the stock its 3rd largest position. Tredje AP fonden's holdings in NVIDIA were worth $603,396,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Kathleen S. Wright Associates Inc. raised its position in shares of NVIDIA by 169.3% during the 1st quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker's stock valued at $44,000 after purchasing an additional 254 shares during the period. Copia Wealth Management purchased a new position in shares of NVIDIA during the 4th quarter worth about $50,000. Barnes Dennig Private Wealth Management LLC purchased a new position in shares of NVIDIA during the 1st quarter worth about $51,000. Bruce G. Allen Investments LLC boosted its position in NVIDIA by 198.2% in the 1st quarter. Bruce G. Allen Investments LLC now owns 492 shares of the computer hardware maker's stock valued at $53,000 after buying an additional 327 shares during the period. Finally, LSV Asset Management purchased a new stake in NVIDIA in the 4th quarter valued at about $54,000. Hedge funds and other institutional investors own 65.27% of the company's stock.

Insider Transactions at NVIDIA

In other news, CFO Colette Kress sold 27,640 shares of the stock in a transaction dated Monday, August 4th. The shares were sold at an average price of $178.06, for a total value of $4,921,578.40. Following the completion of the sale, the chief financial officer directly owned 2,956,876 shares in the company, valued at $526,501,340.56. This represents a 0.93% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Jen Hsun Huang sold 75,000 shares of the stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $179.76, for a total transaction of $13,482,000.00. Following the completion of the sale, the chief executive officer owned 72,848,225 shares of the company's stock, valued at $13,095,196,926. This trade represents a 0.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 5,862,440 shares of company stock valued at $896,145,782 over the last quarter. Company insiders own 4.17% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. Oppenheimer reissued an "outperform" rating and issued a $225.00 price objective (up from $200.00) on shares of NVIDIA in a research report on Thursday. Wolfe Research boosted their price objective on shares of NVIDIA from $220.00 to $230.00 and gave the company an "outperform" rating in a research report on Thursday. The Goldman Sachs Group reissued a "buy" rating and issued a $200.00 price objective on shares of NVIDIA in a research report on Wednesday. Needham & Company LLC reissued a "buy" rating and issued a $200.00 price objective on shares of NVIDIA in a research report on Thursday. Finally, DA Davidson boosted their price objective on shares of NVIDIA from $135.00 to $195.00 and gave the company a "neutral" rating in a research report on Thursday. Four analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $207.69.

NVIDIA Stock Performance

Shares of NASDAQ NVDA opened at $174.18 on Friday. The company's fifty day moving average price is $170.83 and its 200 day moving average price is $139.02. 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 PE ratio of 49.62, a price-to-earnings-growth ratio of 1.58 and a beta of 2.14. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.96 and a current ratio of 4.21.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its quarterly earnings results 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 firm 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%. The firm's quarterly revenue was up 55.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. On average, research analysts predict that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th will be given 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 is Thursday, September 11th. NVIDIA's dividend payout ratio is 1.14%.

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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