SGL Investment Advisors Inc. lifted its stake in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 516.7% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 33,228 shares of the computer hardware maker's stock after buying an additional 27,840 shares during the quarter. NVIDIA makes up about 2.0% of SGL Investment Advisors Inc.'s investment portfolio, making the stock its 21st largest holding. SGL Investment Advisors Inc.'s holdings in NVIDIA were worth $3,900,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors have also made changes to their positions in NVDA. Kathleen S. Wright Associates Inc. increased its position in shares of NVIDIA by 169.3% in the 1st 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 last quarter. Copia Wealth Management bought a new position in shares of NVIDIA during the fourth quarter worth about $50,000. Barnes Dennig Private Wealth Management LLC acquired a new position in NVIDIA in the first quarter worth about $51,000. Bruce G. Allen Investments LLC increased its holdings in NVIDIA by 198.2% in the first 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 last quarter. Finally, LSV Asset Management bought a new stake in NVIDIA in the fourth quarter valued at about $54,000. Institutional investors own 65.27% of the company's stock.
Insiders Place Their Bets
In related news, Director Tench Coxe sold 1,000,000 shares of the firm's stock in a transaction that occurred on Monday, June 9th. The stock was sold at an average price of $142.80, for a total value of $142,800,000.00. Following the sale, the director directly owned 26,671,360 shares in the company, valued at $3,808,670,208. This trade represents a 3.61% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Jen Hsun Huang sold 75,000 shares of NVIDIA stock in a transaction on Wednesday, June 25th. The shares were sold at an average price of $152.54, for a total value of $11,440,500.00. Following the sale, the chief executive officer directly owned 75,548,225 shares in the company, valued at $11,524,126,241.50. The trade was a 0.10% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 4,951,604 shares of company stock valued at $772,854,889. 4.17% of the stock is owned by corporate insiders.
NVIDIA Stock Performance
Shares of NVIDIA stock traded up $1.04 during trading on Thursday, hitting $171.66. 140,239,481 shares of the stock were exchanged, compared to its average volume of 238,167,859. 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 Corporation has a 12 month low of $86.62 and a 12 month high of $184.48. The stock's fifty day moving average is $172.21 and its 200 day moving average is $139.78. The stock has a market cap of $4.17 trillion, a PE ratio of 48.91, a P/E/G ratio of 1.30 and a beta of 2.10.
NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share for the quarter, beating the consensus estimate 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%. NVIDIA's quarterly revenue was up 55.6% compared to the same quarter last year. During the same period last year, the firm posted $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. As a group, sell-side analysts anticipate that NVIDIA Corporation will post 2.77 EPS for the current year.
NVIDIA Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th will be given a dividend of $0.01 per share. The ex-dividend date is Thursday, September 11th. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. NVIDIA's payout ratio is currently 1.14%.
Wall Street Analyst Weigh In
A number of research analysts have commented on the company. Barclays increased their target price on NVIDIA from $170.00 to $200.00 and gave the stock an "overweight" rating in a report on Tuesday, June 17th. TD Cowen raised their price objective on NVIDIA from $140.00 to $235.00 and gave the stock a "buy" rating in a research note on Tuesday, August 19th. Benchmark boosted their target price on shares of NVIDIA from $190.00 to $220.00 and gave the company a "buy" rating in a research note on Thursday, August 28th. Craig Hallum raised their price target on shares of NVIDIA from $195.00 to $245.00 and gave the stock a "buy" rating in a research report on Thursday, August 28th. Finally, JPMorgan Chase & Co. reaffirmed an "overweight" rating and issued a $215.00 price target on shares of NVIDIA in a report on Thursday. Four analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, NVIDIA has a consensus rating of "Moderate Buy" and an average price target of $207.69.
Check Out Our Latest Stock Report on NVDA
NVIDIA Profile
(
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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