Plan Group Financial LLC boosted its stake in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 133.6% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 5,141 shares of the computer hardware maker's stock after purchasing an additional 2,940 shares during the period. Plan Group Financial LLC's holdings in NVIDIA were worth $557,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in NVDA. Brighton Jones LLC grew its position in shares of NVIDIA by 12.4% during the 4th quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker's stock valued at $43,631,000 after acquiring an additional 35,815 shares during the period. Bank Pictet & Cie Europe AG lifted its stake in NVIDIA by 1.0% in the 4th quarter. Bank Pictet & Cie Europe AG now owns 2,346,417 shares of the computer hardware maker's stock worth $315,100,000 after purchasing an additional 22,929 shares in the last quarter. Highview Capital Management LLC DE lifted its stake in NVIDIA by 6.7% in the 4th quarter. Highview Capital Management LLC DE now owns 58,396 shares of the computer hardware maker's stock worth $7,842,000 after purchasing an additional 3,653 shares in the last quarter. Hudson Value Partners LLC raised its position in shares of NVIDIA by 30.7% during the 4th quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker's stock valued at $6,805,000 after buying an additional 11,900 shares during the period. Finally, Selway Asset Management acquired a new stake in NVIDIA in the 4th quarter valued at approximately $269,000. 65.27% of the stock is owned by institutional investors and hedge funds.
NVIDIA Stock Down 2.7%
NVDA traded down $4.64 during trading hours on Friday, reaching $167.02. 223,875,375 shares of the stock traded hands, compared to its average volume of 167,410,624. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.21 and a quick ratio of 3.60. NVIDIA Corporation has a fifty-two week low of $86.62 and a fifty-two week high of $184.48. The firm's fifty day simple moving average is $172.73 and its two-hundred day simple moving average is $140.20. The company has a market cap of $4.06 trillion, a price-to-earnings ratio of 47.58, a PEG ratio of 1.25 and a beta of 2.10.
NVIDIA (NASDAQ:NVDA - Get Free Report) last released its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 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 analysts' expectations of $45.65 billion. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The company's revenue was up 55.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. As a group, analysts forecast that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.
NVIDIA Announces Dividend
The firm 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. The ex-dividend date of this dividend is Thursday, September 11th. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. NVIDIA's payout ratio is 1.14%.
Analyst Upgrades and Downgrades
Several equities analysts have commented on the stock. Mizuho boosted their price target on shares of NVIDIA from $192.00 to $205.00 and gave the stock an "outperform" rating in a research note on Thursday, August 14th. Loop Capital boosted their price target on shares of NVIDIA from $175.00 to $250.00 and gave the company a "buy" rating in a research report on Wednesday, June 25th. Needham & Company LLC reaffirmed a "buy" rating and issued a $200.00 target price on shares of NVIDIA in a report on Thursday, August 28th. Morgan Stanley increased their price target on shares of NVIDIA from $206.00 to $210.00 and gave the stock an "overweight" rating in a report on Thursday, August 28th. Finally, The Goldman Sachs Group restated a "buy" rating and set a $200.00 target price on shares of NVIDIA in a research report on Wednesday, August 27th. Four investment 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 assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $207.69.
View Our Latest Analysis on NVIDIA
Insider Buying and Selling at NVIDIA
In other NVIDIA news, EVP Ajay K. Puri sold 168,195 shares of the business's stock in a transaction dated 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 directly owned 4,018,547 shares of the company's stock, valued at $613,391,014.08. The trade was a 4.02% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Tench Coxe sold 1,000,000 shares of the business's stock in a transaction dated Monday, June 9th. The shares were sold at an average price of $142.80, for a total transaction of $142,800,000.00. Following the transaction, the director directly owned 26,671,360 shares of the company's stock, valued at $3,808,670,208. The trade was a 3.61% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 4,872,755 shares of company stock valued at $764,283,330. Corporate insiders own 4.17% of the company's stock.
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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