Universal Beteiligungs und Servicegesellschaft mbH Sells 258,776 Shares of NVIDIA Corporation $NVDA

Universal Beteiligungs und Servicegesellschaft mbH lessened its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 1.2% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 21,989,587 shares of the computer hardware maker's stock after selling 258,776 shares during the quarter. NVIDIA comprises approximately 4.8% of Universal Beteiligungs und Servicegesellschaft mbH's portfolio, making the stock its 2nd largest position. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.09% of NVIDIA worth $2,383,231,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Condor Capital Management boosted its stake in NVIDIA by 3.6% in the fourth quarter. Condor Capital Management now owns 2,559 shares of the computer hardware maker's stock valued at $344,000 after acquiring an additional 89 shares in the last quarter. High Note Wealth LLC boosted its stake in NVIDIA by 0.5% in the first quarter. High Note Wealth LLC now owns 17,873 shares of the computer hardware maker's stock valued at $1,937,000 after acquiring an additional 91 shares in the last quarter. Kelly Financial Services LLC boosted its stake in NVIDIA by 2.0% in the first quarter. Kelly Financial Services LLC now owns 4,736 shares of the computer hardware maker's stock valued at $513,000 after acquiring an additional 94 shares in the last quarter. Mendel Capital Management LLC boosted its stake in NVIDIA by 0.8% in the first quarter. Mendel Capital Management LLC now owns 11,871 shares of the computer hardware maker's stock valued at $1,287,000 after acquiring an additional 96 shares in the last quarter. Finally, Affiance Financial LLC boosted its stake in NVIDIA by 0.7% in the first quarter. Affiance Financial LLC now owns 13,651 shares of the computer hardware maker's stock valued at $1,479,000 after acquiring an additional 97 shares in the last quarter. Hedge funds and other institutional investors own 65.27% of the company's stock.

Insider Activity at NVIDIA

In other NVIDIA news, Director Tench Coxe sold 1,000,000 shares of the stock in a transaction dated Monday, June 9th. The shares were sold at an average price of $142.80, for a total value of $142,800,000.00. Following the completion of the transaction, the director directly owned 26,671,360 shares of the company's stock, valued at approximately $3,808,670,208. This trade represents a 3.61% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Mark A. Stevens sold 935,000 shares of the stock in a transaction dated Tuesday, June 3rd. The shares were sold at an average price of $140.92, for a total transaction of $131,760,200.00. Following the completion of the transaction, the director directly owned 9,214,697 shares of the company's stock, valued at approximately $1,298,535,101.24. This trade represents a 9.21% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 5,912,440 shares of company stock valued at $902,886,782. 4.17% of the stock is currently owned by corporate insiders.

NVIDIA Trading Down 3.5%

NASDAQ NVDA opened at $175.64 on Wednesday. The stock has a market capitalization of $4.29 trillion, a P/E ratio of 56.66, a P/E/G ratio of 1.60 and a beta of 2.14. NVIDIA Corporation has a 52-week low of $86.62 and a 52-week high of $184.48. The firm has a 50-day moving average price of $165.38 and a 200 day moving average price of $136.23. The company has a quick ratio of 2.96, a current ratio of 3.39 and a debt-to-equity ratio of 0.10.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its quarterly earnings results on Wednesday, May 28th. The computer hardware maker reported $0.81 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.87 by ($0.06). The firm had revenue of $44.06 billion for the quarter, compared to analysts' expectations of $43.09 billion. NVIDIA had a return on equity of 105.09% and a net margin of 51.69%.The company's revenue for the quarter was up 69.2% on a year-over-year basis. During the same period in the prior year, the company earned $0.61 earnings per share. NVIDIA has set its Q2 2026 guidance at EPS. Equities research analysts expect that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, July 3rd. Shareholders of record on Wednesday, June 11th were issued a $0.01 dividend. The ex-dividend date of this dividend was Wednesday, June 11th. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. NVIDIA's dividend payout ratio (DPR) is 1.29%.

Analysts Set New Price Targets

NVDA has been the subject of several research analyst reports. Loop Capital upped their price objective on shares of NVIDIA from $175.00 to $250.00 and gave the company a "buy" rating in a research note on Wednesday, June 25th. Cantor Fitzgerald restated an "overweight" rating and issued a $240.00 price objective (up previously from $200.00) on shares of NVIDIA in a research note on Monday. Rosenblatt Securities upped their price objective on shares of NVIDIA from $178.00 to $200.00 and gave the company a "buy" rating in a research note on Thursday, May 29th. Bank of America upped their target price on shares of NVIDIA from $180.00 to $220.00 in a report on Wednesday, July 16th. Finally, TD Cowen upped their target price on shares of NVIDIA from $140.00 to $235.00 and gave the company a "buy" rating in a report on Tuesday. Four investment analysts have rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $189.28.

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.

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