Osterweis Capital Management Inc. raised its position in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 20.3% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 339,121 shares of the computer hardware maker's stock after buying an additional 57,340 shares during the period. NVIDIA makes up about 0.0% of Osterweis Capital Management Inc.'s holdings, making the stock its 26th biggest holding. Osterweis Capital Management Inc.'s holdings in NVIDIA were worth $36,754,000 at the end of the most recent quarter.
Other institutional investors have also modified their holdings of the company. Brighton Jones LLC raised its stake in NVIDIA by 12.4% during the fourth quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker's stock worth $43,631,000 after acquiring an additional 35,815 shares during the period. Bank Pictet & Cie Europe AG increased its stake in shares of NVIDIA by 1.0% during the fourth quarter. Bank Pictet & Cie Europe AG now owns 2,346,417 shares of the computer hardware maker's stock valued at $315,100,000 after acquiring an additional 22,929 shares during the period. Highview Capital Management LLC DE boosted its holdings in NVIDIA by 6.7% during the fourth quarter. Highview Capital Management LLC DE now owns 58,396 shares of the computer hardware maker's stock worth $7,842,000 after buying an additional 3,653 shares in the last quarter. Hudson Value Partners LLC boosted its holdings in NVIDIA by 30.7% during the fourth quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker's stock worth $6,805,000 after buying an additional 11,900 shares in the last quarter. Finally, Summit Investment Advisors Inc. boosted its holdings in NVIDIA by 1.9% during the fourth quarter. Summit Investment Advisors Inc. now owns 737,749 shares of the computer hardware maker's stock worth $99,072,000 after buying an additional 13,700 shares in the last quarter. Institutional investors and hedge funds own 65.27% of the company's stock.
NVIDIA Trading Down 0.0%
NVDA opened at $177.75 on Tuesday. NVIDIA Corporation has a fifty-two week low of $86.62 and a fifty-two week high of $184.48. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.21 and a quick ratio of 3.60. The company has a market cap of $4.32 trillion, a price-to-earnings ratio of 50.64, a price-to-earnings-growth ratio of 1.29 and a beta of 2.10. The firm has a 50 day simple moving average of $174.81 and a 200 day simple moving average of $142.18.
NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, beating the consensus estimate of $1.01 by $0.04. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The firm had revenue of $46.74 billion during the quarter, compared to the consensus estimate of $45.65 billion. During the same quarter in the prior year, the firm earned $0.68 earnings per share. The business's quarterly revenue was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. On average, sell-side analysts anticipate that NVIDIA Corporation will post 2.77 earnings per share for the current year.
NVIDIA Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th will be issued a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. The ex-dividend date is Thursday, September 11th. NVIDIA's dividend payout ratio is 1.14%.
Insider Activity
In related news, EVP Ajay K. Puri sold 168,195 shares of the stock in a transaction on Wednesday, June 25th. The shares were sold at an average price of $152.64, for a total transaction of $25,673,284.80. Following the completion of the transaction, the executive vice president owned 4,018,547 shares in the company, valued at approximately $613,391,014.08. This represents a 4.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Mark A. Stevens sold 608,248 shares of the stock in a transaction on Wednesday, June 18th. The stock was sold at an average price of $145.26, for a total transaction of $88,354,104.48. Following the transaction, the director owned 8,247,600 shares of the company's stock, valued at $1,198,046,376. The trade was a 6.87% decrease in their position. The disclosure for this sale can be found here. Insiders sold 4,405,552 shares of company stock worth $721,811,877 over the last quarter. 4.17% of the stock is currently owned by company insiders.
Analyst Upgrades and Downgrades
A number of equities analysts recently commented on NVDA shares. Wall Street Zen raised shares of NVIDIA from a "hold" rating to a "buy" rating in a research note on Friday, September 5th. Robert W. Baird lifted their target price on shares of NVIDIA from $195.00 to $225.00 and gave the stock an "outperform" rating in a report on Monday, August 25th. Morgan Stanley raised their price target on shares of NVIDIA from $206.00 to $210.00 and gave the stock an "overweight" rating in a research report on Thursday, August 28th. DA Davidson upgraded shares of NVIDIA from a "neutral" rating to a "buy" rating and raised their price target for the stock from $195.00 to $210.00 in a research report on Thursday, September 11th. Finally, BNP Paribas upgraded shares of NVIDIA to a "hold" rating in a research report on Friday, August 1st. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $207.83.
View Our Latest Report on NVDA
About NVIDIA
(
Free Report)
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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