Siren L.L.C. decreased its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 9.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 44,432 shares of the computer hardware maker's stock after selling 4,500 shares during the period. Siren L.L.C.'s holdings in NVIDIA were worth $4,816,000 at the end of the most recent quarter.
Several other large investors have also recently added to or reduced their stakes in NVDA. Astoria Portfolio Advisors LLC. increased its position in shares of NVIDIA by 0.9% in the first quarter. Astoria Portfolio Advisors LLC. now owns 93,568 shares of the computer hardware maker's stock worth $9,610,000 after purchasing an additional 864 shares during the period. Centerpoint Advisory Group increased its position in shares of NVIDIA by 2.5% in the first quarter. Centerpoint Advisory Group now owns 39,398 shares of the computer hardware maker's stock worth $4,270,000 after purchasing an additional 943 shares during the period. GSB Wealth Management LLC increased its position in shares of NVIDIA by 3.3% in the first quarter. GSB Wealth Management LLC now owns 32,611 shares of the computer hardware maker's stock worth $3,534,000 after purchasing an additional 1,043 shares during the period. Variant Private Wealth LLC increased its position in shares of NVIDIA by 20.6% in the first quarter. Variant Private Wealth LLC now owns 18,800 shares of the computer hardware maker's stock worth $2,038,000 after purchasing an additional 3,206 shares during the period. Finally, Financial Perspectives Inc boosted its holdings in shares of NVIDIA by 2.8% in the 1st quarter. Financial Perspectives Inc now owns 45,958 shares of the computer hardware maker's stock valued at $4,981,000 after purchasing an additional 1,265 shares in the last quarter. Institutional investors own 65.27% of the company's stock.
NVIDIA Price Performance
NVIDIA stock opened at $177.17 on Friday. The stock's 50 day moving average is $174.05 and its 200 day moving average is $141.23. 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 firm has a market cap of $4.31 trillion, a P/E ratio of 50.48, a P/E/G ratio of 1.29 and a beta of 2.10. NVIDIA Corporation has a one year low of $86.62 and a one year high of $184.48.
NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, topping analysts' consensus estimates of $1.01 by $0.04. The company 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%.The firm's quarterly revenue was up 55.6% on a year-over-year basis. During the same period in the previous year, the firm earned $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. As a group, research analysts expect that NVIDIA Corporation will post 2.77 EPS for the current year.
NVIDIA Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 2nd. Shareholders 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 1.14%.
Insider Buying and Selling at NVIDIA
In related news, EVP Ajay K. Puri sold 168,195 shares of the business's stock in a transaction dated Wednesday, June 25th. The stock was sold at an average price of $152.64, for a total value of $25,673,284.80. Following the completion of the sale, 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 sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Mark A. Stevens sold 608,248 shares of the business's stock in a transaction dated Wednesday, June 18th. The shares were sold at an average price of $145.26, for a total value of $88,354,104.48. Following the completion of the sale, the director directly 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 ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 3,907,755 shares of company stock valued at $633,253,430. 4.17% of the stock is currently owned by company insiders.
Wall Street Analyst Weigh In
NVDA has been the topic of a number of research analyst reports. JPMorgan Chase & Co. reaffirmed an "overweight" rating and issued a $215.00 target price on shares of NVIDIA in a report on Thursday, September 4th. Evercore ISI raised their price objective on NVIDIA from $190.00 to $214.00 and gave the company an "outperform" rating in a research note on Friday, August 22nd. Benchmark raised their price objective on NVIDIA from $190.00 to $220.00 and gave the company a "buy" rating in a research note on Thursday, August 28th. Stifel Nicolaus raised their price objective on NVIDIA from $202.00 to $212.00 and gave the company a "buy" rating in a research note on Monday, August 25th. Finally, Cantor Fitzgerald reaffirmed an "overweight" rating and issued a $240.00 price objective on shares of NVIDIA in a research note on Thursday, August 28th. Four analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $207.83.
Check Out Our Latest Research 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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