NVIDIA Corporation $NVDA Shares Sold by Trivest Advisors Ltd

Key Points

• Trivest Advisors Ltd has significantly reduced its stake in NVIDIA Corporation by 56.4%, now holding 165,720 shares, valued at approximately $17.96 million.
• Equities research analysts are optimistic about NVIDIA, with several firms recently raising their target price, including Barclays to $200 and TD Cowen to $235, while the stock maintains an average price target of $207.69.
• NVIDIA recently announced a quarterly dividend of $0.01 per share, with an upcoming payment date of October 2nd, and indicated a 0.0% dividend yield due to its low payout ratio.

Trivest Advisors Ltd lessened its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 56.4% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 165,720 shares of the computer hardware maker's stock after selling 214,280 shares during the quarter. NVIDIA comprises about 1.5% of Trivest Advisors Ltd's holdings, making the stock its 11th largest holding. Trivest Advisors Ltd's holdings in NVIDIA were worth $17,961,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of NVDA. Brighton Jones LLC boosted its stake in shares of NVIDIA by 12.4% during the 4th quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker's stock valued at $43,631,000 after buying an additional 35,815 shares during the last quarter. Bank Pictet & Cie Europe AG boosted its stake in shares of NVIDIA by 1.0% during the 4th quarter. Bank Pictet & Cie Europe AG now owns 2,346,417 shares of the computer hardware maker's stock valued at $315,100,000 after buying an additional 22,929 shares during the last quarter. Highview Capital Management LLC DE boosted its stake in shares of NVIDIA by 6.7% during the 4th quarter. Highview Capital Management LLC DE now owns 58,396 shares of the computer hardware maker's stock valued at $7,842,000 after buying an additional 3,653 shares during the last quarter. Hudson Value Partners LLC boosted its stake in shares of NVIDIA by 30.7% during the 4th quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker's stock valued at $6,805,000 after buying an additional 11,900 shares during the last quarter. Finally, NEOS Investment Management LLC boosted its stake in shares of NVIDIA by 26.0% during the 4th quarter. NEOS Investment Management LLC now owns 1,966,142 shares of the computer hardware maker's stock valued at $264,033,000 after buying an additional 405,894 shares during the last quarter. Hedge funds and other institutional investors own 65.27% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the company. Wedbush reiterated an "outperform" rating and set a $210.00 target price on shares of NVIDIA in a research note on Thursday. Piper Sandler set a $225.00 target price on NVIDIA and gave the company an "overweight" rating in a research note on Wednesday, August 13th. Morgan Stanley upped their price target on NVIDIA from $206.00 to $210.00 and gave the company an "overweight" rating in a research report on Thursday. Mizuho upped their price target on NVIDIA from $192.00 to $205.00 and gave the company an "outperform" rating in a research report on Thursday, August 14th. Finally, UBS Group upped their price target on NVIDIA from $175.00 to $205.00 and gave the company a "buy" rating in a research report on Thursday, August 21st. Four investment 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 stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $207.69.

NVIDIA Stock Performance

NASDAQ NVDA traded down $5.99 during trading hours 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. NVIDIA Corporation has a fifty-two week low of $86.62 and a fifty-two week high of $184.48. The company has a quick ratio of 2.96, a current ratio of 4.21 and a debt-to-equity ratio of 0.08. The business has a fifty day simple moving average of $170.83 and a 200-day simple moving average of $139.08. The firm has a market cap of $4.23 trillion, a P/E ratio of 49.62, a price-to-earnings-growth ratio of 1.52 and a beta of 2.14.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its earnings results 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 analyst estimates of $45.65 billion. During the same period last year, the company earned $0.68 earnings per share. The firm's revenue for the quarter was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. Equities analysts predict that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 2nd. Shareholders of record on Thursday, September 11th will be given 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 dividend payout ratio (DPR) is currently 1.14%.

Insider Buying and Selling at NVIDIA

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