Valliance Asset Management Ltd Makes New $542,000 Investment in NVIDIA Corporation $NVDA

Key Points

• Valliance Asset Management Ltd has initiated a new stake in NVIDIA Corporation, acquiring 5,000 shares valued at approximately $542,000, making it the firm's 16th largest position.
• Institutional investors and hedge funds collectively own 65.27% of NVIDIA's stock, indicating strong institutional confidence in the company.
• NVIDIA recently reported stronger-than-expected earnings, with $1.05 EPS compared to consensus estimates of $1.01, as revenue grew by 55.6% year-over-year to $46.74 billion.

Valliance Asset Management Ltd bought a new position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 5,000 shares of the computer hardware maker's stock, valued at approximately $542,000. NVIDIA accounts for 1.2% of Valliance Asset Management Ltd's portfolio, making the stock its 16th largest holding.

Other institutional investors have also recently bought and sold shares of the company. Kathleen S. Wright Associates Inc. grew its holdings 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 valued at $44,000 after buying an additional 254 shares during the period. Copia Wealth Management acquired a new position in shares of NVIDIA in the 4th quarter valued at $50,000. Barnes Dennig Private Wealth Management LLC acquired a new position in shares of NVIDIA in the 1st quarter valued at $51,000. Bruce G. Allen Investments LLC grew its holdings in shares of NVIDIA by 198.2% in the 1st 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 period. Finally, LSV Asset Management acquired a new position in shares of NVIDIA in the 4th quarter valued at $54,000. Institutional investors and hedge funds own 65.27% of the company's stock.

Insider Transactions at NVIDIA

In other news, CFO Colette Kress sold 27,640 shares of the company's stock in a transaction dated Monday, August 4th. The shares were 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 approximately $526,501,340.56. This represents a 0.93% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Jen Hsun Huang sold 75,000 shares of the company's stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $179.76, for a total transaction of $13,482,000.00. Following the completion of the sale, the chief executive officer directly owned 72,848,225 shares in the company, valued at approximately $13,095,196,926. The trade was a 0.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 5,862,440 shares of company stock worth $896,145,782. 4.17% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on NVDA. Sanford C. Bernstein reissued an "outperform" rating and issued a $225.00 price target (up previously from $185.00) on shares of NVIDIA in a report on Thursday. The Goldman Sachs Group reissued a "buy" rating and issued a $200.00 price target on shares of NVIDIA in a report on Wednesday. UBS Group boosted their price objective on shares of NVIDIA from $175.00 to $205.00 and gave the company a "buy" rating in a research report on Thursday, August 21st. Piper Sandler set a $225.00 price objective on shares of NVIDIA and gave the company an "overweight" rating in a research report on Wednesday, August 13th. Finally, BNP Paribas raised shares of NVIDIA to a "hold" rating in a research report on Friday, August 1st. Four analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $207.69.

NVIDIA Stock Down 3.3%

NASDAQ:NVDA traded down $5.99 on Friday, hitting $174.18. 242,604,296 shares of the company's stock were exchanged, compared to its average volume of 168,293,824. The firm has a 50-day moving average price of $170.83 and a 200-day moving average price of $139.08. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.21 and a quick ratio of 2.96. NVIDIA Corporation has a 52 week low of $86.62 and a 52 week high of $184.48. The company 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 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 firm had revenue of $46.74 billion for the quarter, compared to analysts' expectations of $45.65 billion. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The company's revenue for the quarter was up 55.6% on a year-over-year basis. During the same period in the previous year, the firm posted $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. As a group, analysts expect that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Dividend Announcement

The company 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. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.0%. The ex-dividend date of this dividend is Thursday, September 11th. NVIDIA's dividend payout ratio is presently 1.14%.

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.