Sava Infond d.o.o. Has $53.45 Million Stock Position in NVIDIA Corporation $NVDA

Key Points

• Sava Infond d.o.o. has increased its stake in NVIDIA Corporation by 3.2%, now holding 338,320 shares valued at approximately $53.45 million, making it the largest position in their portfolio.
• Recent insider sales saw Director Mark A. Stevens and Director Harvey C. Jones selling 350,000 and 250,000 shares, respectively, marking a significant decrease in their ownership.
• Several analysts have upgraded their price targets for NVIDIA, with Citigroup raising its target to $210.00 and Craig Hallum setting it at $245.00, reflecting strong bullish sentiment around the stock.

Sava Infond d.o.o. grew its holdings in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 3.2% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 338,320 shares of the computer hardware maker's stock after buying an additional 10,500 shares during the quarter. NVIDIA makes up 8.4% of Sava Infond d.o.o.'s portfolio, making the stock its largest position. Sava Infond d.o.o.'s holdings in NVIDIA were worth $53,451,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Peoples Bank OH grew its position in shares of NVIDIA by 55.9% during the 2nd quarter. Peoples Bank OH now owns 14,205 shares of the computer hardware maker's stock worth $2,244,000 after buying an additional 5,093 shares during the period. Quent Capital LLC grew its position in shares of NVIDIA by 0.8% during the 2nd quarter. Quent Capital LLC now owns 132,071 shares of the computer hardware maker's stock worth $20,866,000 after buying an additional 1,091 shares during the period. NTV Asset Management LLC grew its position in shares of NVIDIA by 0.4% during the 2nd quarter. NTV Asset Management LLC now owns 54,199 shares of the computer hardware maker's stock worth $8,563,000 after buying an additional 242 shares during the period. Future Financial Wealth Managment LLC lifted its holdings in shares of NVIDIA by 4.4% during the 2nd quarter. Future Financial Wealth Managment LLC now owns 4,172 shares of the computer hardware maker's stock valued at $659,000 after purchasing an additional 177 shares in the last quarter. Finally, 111 Capital lifted its holdings in shares of NVIDIA by 0.6% during the 2nd quarter. 111 Capital now owns 121,445 shares of the computer hardware maker's stock valued at $19,187,000 after purchasing an additional 747 shares in the last quarter. 65.27% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director Mark A. Stevens sold 350,000 shares of the firm's stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $176.39, for a total value of $61,736,500.00. Following the sale, the director directly owned 7,399,803 shares of the company's stock, valued at $1,305,251,251.17. This trade represents a 4.52% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Harvey C. Jones sold 250,000 shares of the firm's stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $176.21, for a total value of $44,052,500.00. Following the completion of the sale, the director directly owned 7,183,280 shares in the company, valued at $1,265,765,768.80. This trade represents a 3.36% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 3,753,937 shares of company stock worth $669,548,776. Company insiders own 4.17% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the company. Citigroup reiterated a "buy" rating and set a $210.00 price objective (up previously from $200.00) on shares of NVIDIA in a report on Tuesday, September 30th. Daiwa Capital Markets lifted their price objective on NVIDIA from $165.00 to $205.00 and gave the company an "outperform" rating in a report on Wednesday, September 17th. Craig Hallum lifted their price objective on NVIDIA from $195.00 to $245.00 and gave the company a "buy" rating in a report on Thursday, August 28th. Evercore ISI lifted their price objective on NVIDIA from $214.00 to $225.00 and gave the company an "outperform" rating in a report on Tuesday, September 23rd. Finally, HSBC set a $320.00 price target on NVIDIA and gave the stock a "buy" rating in a research report on Wednesday, October 15th. Five analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of "Buy" and a consensus target price of $222.23.

NVIDIA Stock Down 0.8%

NVDA stock opened at $181.16 on Wednesday. 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 stock has a market capitalization of $4.40 trillion, a price-to-earnings ratio of 51.61, a PEG ratio of 1.32 and a beta of 2.12. The business's fifty day moving average price is $179.37 and its two-hundred day moving average price is $154.43. NVIDIA Corporation has a fifty-two week low of $86.62 and a fifty-two week high of $195.62.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.04. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The firm had revenue of $46.74 billion for the quarter, compared to analysts' expectations of $45.65 billion. During the same quarter last year, the business earned $0.68 EPS. The company's quarterly revenue was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. On average, equities analysts anticipate that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 2nd. Investors of record on Thursday, September 11th were given a $0.01 dividend. The ex-dividend date was Thursday, September 11th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.0%. NVIDIA's dividend payout ratio (DPR) is presently 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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