J. W. Coons Advisors LLC Has $2.83 Million Holdings in NVIDIA Corporation $NVDA

J. W. Coons Advisors LLC lifted its position in shares of NVIDIA Corporation (NASDAQ:NVDAFree Report) by 1.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 26,140 shares of the computer hardware maker’s stock after buying an additional 250 shares during the quarter. J. W. Coons Advisors LLC’s holdings in NVIDIA were worth $2,833,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of NVDA. Norges Bank acquired a new stake in NVIDIA in the fourth quarter worth $43,515,504,000. GAMMA Investing LLC grew its holdings in shares of NVIDIA by 12,173.2% during the first quarter. GAMMA Investing LLC now owns 48,837,781 shares of the computer hardware maker’s stock valued at $5,293,039,000 after buying an additional 48,439,859 shares during the last quarter. Northern Trust Corp grew its holdings in shares of NVIDIA by 15.8% during the fourth quarter. Northern Trust Corp now owns 266,454,194 shares of the computer hardware maker’s stock valued at $35,782,134,000 after buying an additional 36,266,817 shares during the last quarter. Assenagon Asset Management S.A. grew its holdings in shares of NVIDIA by 204.6% during the first quarter. Assenagon Asset Management S.A. now owns 35,652,571 shares of the computer hardware maker’s stock valued at $3,864,026,000 after buying an additional 23,948,733 shares during the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of NVIDIA during the fourth quarter valued at about $2,987,733,000. 65.27% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the stock. The Goldman Sachs Group assumed coverage on shares of NVIDIA in a report on Thursday, July 10th. They set a “buy” rating and a $185.00 price objective for the company. Phillip Securities raised shares of NVIDIA from a “moderate buy” rating to a “strong-buy” rating in a research report on Monday, July 14th. UBS Group raised their price target on shares of NVIDIA from $175.00 to $205.00 and gave the company a “buy” rating in a research report on Thursday. BNP Paribas raised shares of NVIDIA to a “hold” rating in a research report on Friday, August 1st. Finally, Oppenheimer lifted their price objective on shares of NVIDIA from $175.00 to $200.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 15th. Four research analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, NVIDIA currently has a consensus rating of “Moderate Buy” and a consensus target price of $191.78.

Read Our Latest Research Report on NVDA

Insider Activity at NVIDIA

In other news, CEO Jen Hsun Huang sold 75,000 shares of the business’s stock in a transaction that occurred 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 sale, the chief executive officer owned 72,848,225 shares of the company’s stock, valued at $13,095,196,926. The trade was a 0.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Colette Kress sold 27,640 shares of the business’s stock in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of $178.06, for a total transaction of $4,921,578.40. Following the completion of the sale, the chief financial officer directly owned 2,956,876 shares in the company, valued at approximately $526,501,340.56. This trade represents a 0.93% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 5,912,440 shares of company stock worth $902,886,782. Insiders own 4.17% of the company’s stock.

NVIDIA Stock Performance

NASDAQ NVDA opened at $174.98 on Friday. The company’s 50 day moving average is $166.63 and its 200-day moving average is $136.90. NVIDIA Corporation has a 12-month low of $86.62 and a 12-month high of $184.48. The company has a quick ratio of 2.96, a current ratio of 3.39 and a debt-to-equity ratio of 0.10. The firm has a market cap of $4.27 trillion, a P/E ratio of 56.45, a price-to-earnings-growth ratio of 1.54 and a beta of 2.14.

NVIDIA (NASDAQ:NVDAGet 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). NVIDIA had a net margin of 51.69% and a return on equity of 105.09%. The business had revenue of $44.06 billion during the quarter, compared to the consensus estimate of $43.09 billion. During the same period last year, the firm earned $0.61 EPS. The business’s revenue for the quarter was up 69.2% on a year-over-year basis. NVIDIA has set its Q2 2026 guidance at EPS. Sell-side analysts predict that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 3rd. Stockholders of record on Wednesday, June 11th were given a $0.01 dividend. The ex-dividend date of this dividend was Wednesday, June 11th. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. NVIDIA’s payout ratio is 1.29%.

NVIDIA Company Profile

(Free Report)

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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Institutional Ownership by Quarter for NVIDIA (NASDAQ:NVDA)

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