Westwood Holdings Group Inc. Boosts Stake in NVIDIA Corporation $NVDA

Key Points

• Westwood Holdings Group Inc. increased its stake in NVIDIA Corporation by 36.1% during the first quarter, acquiring an additional 99,657 shares, bringing its total holdings to 375,658 shares worth approximately $40.7 million.
• CEO Jen Hsun Huang sold 75,000 shares of NVIDIA for about $12.7 million, reducing his ownership position by 0.10%.
• NVIDIA's recent earnings report showed a profit of $1.05 EPS, exceeding analyst estimates and reflecting significant revenue growth of 55.6% year-over-year with revenues reaching $46.74 billion.

Westwood Holdings Group Inc. increased its position in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 36.1% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 375,658 shares of the computer hardware maker's stock after purchasing an additional 99,657 shares during the period. Westwood Holdings Group Inc.'s holdings in NVIDIA were worth $40,714,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Copia Wealth Management purchased a new stake in shares of NVIDIA in the 4th quarter valued at about $50,000. LSV Asset Management purchased a new stake in shares of NVIDIA in the fourth quarter valued at about $54,000. Kathleen S. Wright Associates Inc. raised its holdings in shares of NVIDIA by 169.3% in the first 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 last quarter. Barnes Dennig Private Wealth Management LLC purchased a new stake in shares of NVIDIA in the first quarter valued at about $51,000. Finally, Bruce G. Allen Investments LLC raised its holdings in shares of NVIDIA by 198.2% in the first 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 last quarter. 65.27% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CEO Jen Hsun Huang sold 75,000 shares of the company's stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $169.65, for a total value of $12,723,750.00. Following the sale, the chief executive officer owned 72,698,366 shares of the company's stock, valued at approximately $12,333,277,791.90. This represents a 0.10% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Dawn E. Hudson sold 18,000 shares of the company's stock in a transaction that occurred on Wednesday, September 3rd. The shares were sold at an average price of $172.00, for a total value of $3,096,000.00. Following the completion of the sale, the director directly owned 368,887 shares in the company, valued at approximately $63,448,564. The trade was a 4.65% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 4,872,755 shares of company stock worth $764,283,330. 4.17% of the stock is owned by corporate insiders.

NVIDIA Trading Down 2.7%

Shares of NVIDIA stock opened at $167.02 on Friday. NVIDIA Corporation has a 12-month low of $86.62 and a 12-month high of $184.48. The company has a current ratio of 4.21, a quick ratio of 3.60 and a debt-to-equity ratio of 0.08. The stock has a market cap of $4.06 trillion, a PE ratio of 47.58, a price-to-earnings-growth ratio of 1.25 and a beta of 2.10. The company has a 50-day moving average of $172.73 and a two-hundred day moving average of $140.20.

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 (EPS) for the quarter, beating analysts' consensus estimates of $1.01 by $0.04. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The company had revenue of $46.74 billion during the quarter, compared to analysts' expectations of $45.65 billion. During the same period last year, the company posted $0.68 earnings per share. The firm's quarterly revenue was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. On average, research analysts anticipate that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th will be given a $0.01 dividend. The ex-dividend date is Thursday, September 11th. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. NVIDIA's dividend payout ratio is currently 1.14%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on NVDA shares. Mizuho upped their target price on shares of NVIDIA from $192.00 to $205.00 and gave the company an "outperform" rating in a report on Thursday, August 14th. Loop Capital upped their target price on shares of NVIDIA from $175.00 to $250.00 and gave the company a "buy" rating in a report on Wednesday, June 25th. Barclays upped their target price on shares of NVIDIA from $170.00 to $200.00 and gave the company an "overweight" rating in a report on Tuesday, June 17th. Bank of America upped their target price on shares of NVIDIA from $220.00 to $235.00 and gave the company a "buy" rating in a report on Thursday, August 28th. Finally, Needham & Company LLC restated a "buy" rating and issued a $200.00 price objective on shares of NVIDIA in a research report on Thursday, August 28th. Four equities research 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 given a Sell rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $207.69.

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.

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