Yahav Achim Ve Achayot Provident Funds Management Co Ltd. Has $1.34 Million Stake in NVIDIA Corporation $NVDA

Yahav Achim Ve Achayot Provident Funds Management Co Ltd. increased its stake in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 50.7% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,359 shares of the computer hardware maker's stock after buying an additional 4,159 shares during the quarter. NVIDIA comprises approximately 5.4% of Yahav Achim Ve Achayot Provident Funds Management Co Ltd.'s holdings, making the stock its 9th largest position. Yahav Achim Ve Achayot Provident Funds Management Co Ltd.'s holdings in NVIDIA were worth $1,339,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Nutshell Asset Management Ltd grew its stake in shares of NVIDIA by 53.2% in the first quarter. Nutshell Asset Management Ltd now owns 77,713 shares of the computer hardware maker's stock worth $8,423,000 after purchasing an additional 27,000 shares in the last quarter. Caisse Des Depots ET Consignations grew its stake in shares of NVIDIA by 0.7% in the first quarter. Caisse Des Depots ET Consignations now owns 511,146 shares of the computer hardware maker's stock worth $55,398,000 after purchasing an additional 3,484 shares in the last quarter. Union Heritage Capital LLC grew its stake in shares of NVIDIA by 43.7% in the first quarter. Union Heritage Capital LLC now owns 65,740 shares of the computer hardware maker's stock worth $7,125,000 after purchasing an additional 20,000 shares in the last quarter. Flagship Wealth Advisors LLC grew its stake in shares of NVIDIA by 0.6% in the first quarter. Flagship Wealth Advisors LLC now owns 37,743 shares of the computer hardware maker's stock worth $4,091,000 after purchasing an additional 210 shares in the last quarter. Finally, Fayez Sarofim & Co grew its stake in shares of NVIDIA by 14.9% in the first quarter. Fayez Sarofim & Co now owns 6,678,844 shares of the computer hardware maker's stock worth $732,613,000 after purchasing an additional 864,727 shares in the last quarter. 65.27% of the stock is currently owned by institutional investors.

NVIDIA Stock Down 2.7%

Shares of NVIDIA stock opened at $167.02 on Friday. The stock has a 50-day moving average price of $172.73 and a 200 day moving average price of $140.21. The company has a market cap of $4.06 trillion, a P/E ratio of 47.58, a P/E/G ratio of 1.21 and a beta of 2.10. The company has a current ratio of 4.21, a quick ratio of 3.60 and a debt-to-equity ratio of 0.08. NVIDIA Corporation has a 1 year low of $86.62 and a 1 year high of $184.48.

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. 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 business's revenue was up 55.6% compared to the same quarter last year. During the same period in the prior 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 Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 2nd. Shareholders 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 yield of 0.0%. NVIDIA's dividend payout ratio (DPR) is 1.14%.

Insider Buying and Selling

In other NVIDIA news, CEO Jen Hsun Huang sold 75,000 shares of the firm'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 completion of the sale, the chief executive officer owned 72,698,366 shares in the company, valued at approximately $12,333,277,791.90. This trade represents a 0.10% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Dawn E. Hudson sold 18,000 shares of the firm's stock in a transaction that occurred on Wednesday, September 3rd. The stock was 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 owned 368,887 shares of the company's stock, valued at $63,448,564. This represents a 4.65% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 4,872,755 shares of company stock worth $764,283,330 in the last ninety days. Insiders own 4.17% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on NVDA. Wall Street Zen upgraded NVIDIA from a "hold" rating to a "buy" rating in a report on Friday. Barclays upped their price objective on NVIDIA from $170.00 to $200.00 and gave the company an "overweight" rating in a report on Tuesday, June 17th. TD Cowen upped their price objective on NVIDIA from $140.00 to $235.00 and gave the company a "buy" rating in a report on Tuesday, August 19th. Mizuho upped their price objective on NVIDIA from $192.00 to $205.00 and gave the company an "outperform" rating in a report on Thursday, August 14th. Finally, BNP Paribas upgraded NVIDIA to a "hold" rating in a report on Friday, August 1st. Four 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 issued a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price 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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