Advantage Trust Co Has $291,000 Holdings in NVIDIA Corporation $NVDA

Advantage Trust Co lifted its holdings in NVIDIA Corporation (NASDAQ:NVDAFree Report) by 71.9% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 2,681 shares of the computer hardware maker’s stock after purchasing an additional 1,121 shares during the period. Advantage Trust Co’s holdings in NVIDIA were worth $291,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in NVDA. Norges Bank bought a new position in NVIDIA during the fourth quarter valued at about $43,515,504,000. GAMMA Investing LLC increased its stake in 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 acquiring an additional 48,439,859 shares during the period. Northern Trust Corp increased its stake in 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 acquiring an additional 36,266,817 shares during the period. Assenagon Asset Management S.A. boosted its holdings in 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 purchasing an additional 23,948,733 shares in the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in NVIDIA during the fourth quarter valued at approximately $2,987,733,000. 65.27% of the stock is currently owned by institutional investors.

NVIDIA Price Performance

NVDA opened at $179.81 on Tuesday. 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 Corporation has a 12 month low of $86.62 and a 12 month high of $184.48. The company has a fifty day simple moving average of $168.05 and a 200 day simple moving average of $137.81. The stock has a market cap of $4.39 trillion, a P/E ratio of 58.00, a P/E/G ratio of 1.56 and a beta of 2.14.

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

NVIDIA Announces Dividend

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

Insider Activity

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

Analysts Set New Price Targets

A number of equities research analysts have weighed in on NVDA shares. Arete Research raised NVIDIA to a “strong-buy” rating in a report on Wednesday, May 21st. Citigroup restated an “overweight” rating on shares of NVIDIA in a research report on Monday, August 18th. Robert W. Baird increased their price target on NVIDIA from $195.00 to $225.00 and gave the stock an “outperform” rating in a research report on Monday. Wells Fargo & Company increased their price target on NVIDIA from $185.00 to $220.00 and gave the stock an “overweight” rating in a research report on Monday, August 11th. Finally, The Goldman Sachs Group initiated coverage on NVIDIA in a research report on Thursday, July 10th. They set a “buy” rating and a $185.00 price target on the stock. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $194.31.

Read Our Latest Analysis on NVDA

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.

See Also

Institutional Ownership by Quarter for NVIDIA (NASDAQ:NVDA)

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