NVIDIA Corporation $NVDA Shares Sold by Sustainable Insight Capital Management LLC

Key Points

• Sustainable Insight Capital Management LLC decreased its holdings in NVIDIA Corporation by 4.7%, selling 3,500 shares in the first quarter, which now makes up about 3.8% of their portfolio.
• Insider transactions showed significant sales, with EVP Ajay K. Puri selling 168,195 shares and director Mark A. Stevens disposing of 608,248 shares, reflecting notable decreases in their ownership positions.
• Several analysts have raised their price targets for NVIDIA, with Piper Sandler setting a target of $225.00 and UBS Group increasing theirs to $205.00, while the stock is rated as a "Moderate Buy" with an average target price of $207.83.

Sustainable Insight Capital Management LLC trimmed its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 4.7% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 70,364 shares of the computer hardware maker's stock after selling 3,500 shares during the quarter. NVIDIA accounts for approximately 3.8% of Sustainable Insight Capital Management LLC's investment portfolio, making the stock its 10th biggest position. Sustainable Insight Capital Management LLC's holdings in NVIDIA were worth $7,626,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Keeler & Nadler Financial Planning & Wealth Management boosted its stake in shares of NVIDIA by 557.8% in the 1st quarter. Keeler & Nadler Financial Planning & Wealth Management now owns 37,204 shares of the computer hardware maker's stock valued at $4,080,000 after buying an additional 31,548 shares during the period. Capital Planning Advisors LLC boosted its stake in shares of NVIDIA by 2.3% in the 1st quarter. Capital Planning Advisors LLC now owns 90,178 shares of the computer hardware maker's stock valued at $9,773,000 after buying an additional 2,054 shares during the period. Mustard Seed Financial LLC boosted its stake in shares of NVIDIA by 0.8% in the 1st quarter. Mustard Seed Financial LLC now owns 29,316 shares of the computer hardware maker's stock valued at $3,177,000 after buying an additional 219 shares during the period. Gouws Capital LLC boosted its stake in shares of NVIDIA by 19.4% in the 1st quarter. Gouws Capital LLC now owns 6,150 shares of the computer hardware maker's stock valued at $667,000 after buying an additional 1,000 shares during the period. Finally, Public Sector Pension Investment Board boosted its stake in shares of NVIDIA by 4.6% in the 1st quarter. Public Sector Pension Investment Board now owns 9,466,221 shares of the computer hardware maker's stock valued at $1,025,949,000 after buying an additional 415,396 shares during the period. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

NVIDIA Stock Performance

NVDA traded up $0.41 during trading on Friday, hitting $177.58. 84,030,391 shares of the stock were exchanged, compared to its average volume of 235,778,656. The firm has a market capitalization of $4.32 trillion, a P/E ratio of 50.61, a PEG ratio of 1.29 and a beta of 2.10. NVIDIA Corporation has a 1-year low of $86.62 and a 1-year high of $184.48. The stock has a fifty day moving average price of $174.05 and a two-hundred day moving average price of $141.23. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08.

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 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 revenue was up 55.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. As a group, sell-side analysts predict that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Announces Dividend

The business also recently announced 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 dividend on an annualized basis and a dividend yield of 0.0%. NVIDIA's payout ratio is presently 1.14%.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on NVDA shares. Wells Fargo & Company lifted their price objective on NVIDIA from $185.00 to $220.00 and gave the company an "overweight" rating in a research note on Monday, August 11th. Piper Sandler set a $225.00 price objective on NVIDIA and gave the company an "overweight" rating in a research note on Wednesday, August 13th. Evercore ISI lifted 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. Rosenblatt Securities lifted their price objective on NVIDIA from $200.00 to $215.00 and gave the company a "buy" rating in a research note on Thursday, August 28th. Finally, Phillip Securities raised NVIDIA from a "moderate buy" rating to a "strong-buy" rating in a research report on Monday, July 14th. Four research analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $207.83.

Insider Activity

In other news, EVP Ajay K. Puri sold 168,195 shares of the business's stock in a transaction that occurred on 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 transaction, the executive vice president owned 4,018,547 shares of the company's stock, valued at approximately $613,391,014.08. The trade was a 4.02% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Jen Hsun Huang sold 75,000 shares of the business's stock in a transaction that occurred 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 completion of the transaction, the chief executive officer directly owned 75,548,225 shares in the company, valued at approximately $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 have sold 3,907,755 shares of company stock valued at $633,253,430. Company insiders own 4.17% of the company's stock.

About NVIDIA

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.