RD Finance Ltd Makes New Investment in NVIDIA Corporation $NVDA

Key Points

• RD Finance Ltd has acquired a new stake in NVIDIA Corporation, purchasing 45,385 shares valued at about $4.9 million, making it the 5th largest holding in their portfolio.
• Several institutional investors are increasing their stake in NVIDIA, with Kathleen S. Wright Associates Inc. increasing its holdings by 169.3% in the first quarter alone.
• NVIDIA's share price target has been raised by various brokerage firms, with Loop Capital increasing it from $175 to $250, reflecting a strong market outlook for the stock.

RD Finance Ltd bought a new position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 45,385 shares of the computer hardware maker's stock, valued at approximately $4,919,000. NVIDIA accounts for 3.9% of RD Finance Ltd's investment portfolio, making the stock its 5th biggest position.

Other large investors have also recently added to or reduced their stakes in the company. Kathleen S. Wright Associates Inc. boosted its position in NVIDIA by 169.3% during the first quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker's stock worth $44,000 after purchasing an additional 254 shares during the period. Copia Wealth Management bought a new position in NVIDIA in the 4th quarter worth approximately $50,000. Barnes Dennig Private Wealth Management LLC bought a new position in NVIDIA in the 1st quarter worth approximately $51,000. Bruce G. Allen Investments LLC increased 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 worth $53,000 after buying an additional 327 shares during the period. Finally, LSV Asset Management bought a new position in NVIDIA in the 4th quarter worth approximately $54,000. Institutional investors own 65.27% of the company's stock.

NVIDIA Price Performance

NVDA stock traded down $5.99 during trading on Friday, hitting $174.18. The company had a trading volume of 242,604,296 shares, compared to its average volume of 168,293,824. The company has a fifty day moving average price of $170.83 and a two-hundred day moving average price of $139.08. The company has a current ratio of 4.21, a quick ratio of 2.96 and a debt-to-equity ratio of 0.08. The company has a market cap of $4.23 trillion, a P/E ratio of 49.62, a P/E/G ratio of 1.52 and a beta of 2.14. NVIDIA Corporation has a fifty-two week low of $86.62 and a fifty-two week high of $184.48.

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

NVIDIA Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several brokerages have commented on NVDA. KeyCorp reaffirmed an "overweight" rating and issued a $230.00 price target (up from $215.00) on shares of NVIDIA in a research report on Thursday. Arete Research raised NVIDIA to a "strong-buy" rating in a report on Wednesday, May 21st. Wedbush reissued an "outperform" rating and set a $210.00 price objective on shares of NVIDIA in a report on Thursday. Oppenheimer reissued an "outperform" rating and set a $225.00 price objective (up previously from $200.00) on shares of NVIDIA in a report on Thursday. Finally, Benchmark lifted their price objective on NVIDIA from $190.00 to $220.00 and gave the stock a "buy" rating in a report on Thursday. Four research analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, NVIDIA has an average rating of "Moderate Buy" and an average price target of $207.69.

Insider Buying and Selling at NVIDIA

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

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.