Cozad Asset Management Inc. Cuts Stake in NVIDIA Corporation $NVDA

Cozad Asset Management Inc. decreased its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA) by 4.7% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 181,163 shares of the computer hardware maker’s stock after selling 8,967 shares during the quarter. NVIDIA accounts for about 2.0% of Cozad Asset Management Inc.’s investment portfolio, making the stock its 3rd biggest position. Cozad Asset Management Inc.’s holdings in NVIDIA were worth $19,634,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of NVDA. Renaissance Investment Group LLC grew its stake in NVIDIA by 11.8% in the first quarter. Renaissance Investment Group LLC now owns 96,000 shares of the computer hardware maker’s stock worth $10,404,000 after purchasing an additional 10,147 shares in the last quarter. N.E.W. Advisory Services LLC grew its stake in NVIDIA by 23.7% in the first quarter. N.E.W. Advisory Services LLC now owns 33,187 shares of the computer hardware maker’s stock worth $3,597,000 after purchasing an additional 6,351 shares in the last quarter. Canopy Partners LLC grew its stake in NVIDIA by 2.2% in the first quarter. Canopy Partners LLC now owns 50,882 shares of the computer hardware maker’s stock worth $5,515,000 after purchasing an additional 1,090 shares in the last quarter. Morningstar Investment Management LLC grew its stake in NVIDIA by 65.2% in the first quarter. Morningstar Investment Management LLC now owns 262,501 shares of the computer hardware maker’s stock worth $28,450,000 after purchasing an additional 103,597 shares in the last quarter. Finally, TCTC Holdings LLC grew its stake in NVIDIA by 36.0% in the first quarter. TCTC Holdings LLC now owns 1,338 shares of the computer hardware maker’s stock worth $145,000 after purchasing an additional 354 shares in the last quarter. Institutional investors own 65.27% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently issued reports on NVDA shares. BNP Paribas raised NVIDIA to a “hold” rating in a research note on Friday, August 1st. Summit Insights raised NVIDIA from a “hold” rating to a “buy” rating in a research note on Thursday, May 29th. Cantor Fitzgerald reissued an “overweight” rating and issued a $240.00 price objective on shares of NVIDIA in a research note on Thursday. Rosenblatt Securities increased their price objective on NVIDIA from $200.00 to $215.00 and gave the stock a “buy” rating in a research note on Thursday. Finally, Craig Hallum upped their target price on NVIDIA from $195.00 to $245.00 and gave the stock a “buy” rating in a report on Thursday. Four analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $207.69.

Insider Transactions at NVIDIA

In related news, Director Mark A. Stevens sold 935,000 shares of the firm’s stock in a transaction on Tuesday, June 3rd. The stock was sold at an average price of $140.92, for a total value of $131,760,200.00. Following the completion of the transaction, the director owned 9,214,697 shares in the company, valued at $1,298,535,101.24. This trade represents a 9.21% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Jen Hsun Huang sold 75,000 shares of the firm’s stock in a transaction on Wednesday, June 25th. The stock was sold at an average price of $152.54, for a total value of $11,440,500.00. Following the completion of the transaction, the chief executive officer owned 75,548,225 shares of the company’s stock, valued at $11,524,126,241.50. This trade represents a 0.10% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 5,862,440 shares of company stock worth $896,145,782. Insiders own 4.17% of the company’s stock.

NVIDIA Stock Performance

Shares of NVDA opened at $180.17 on Friday. NVIDIA Corporation has a 12 month low of $86.62 and a 12 month high of $184.48. The stock has a fifty day moving average price of $170.22 and a 200-day moving average price of $138.74. The company has a current ratio of 3.39, a quick ratio of 2.96 and a debt-to-equity ratio of 0.10. The firm has a market cap of $4.40 trillion, a PE ratio of 51.33, a P/E/G ratio of 1.59 and a beta of 2.14.

NVIDIA (NASDAQ:NVDA) last issued its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, beating the consensus estimate of $1.01 by $0.04. NVIDIA had a return on equity of 109.66% and a net margin of 52.41%.The firm had revenue of $46.74 billion during the quarter, compared to analyst estimates of $45.65 billion. During the same quarter in the prior year, the business posted $0.68 EPS. The business’s revenue for the quarter was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. Equities research analysts predict that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 2nd. Investors of record on Thursday, September 11th will be paid a $0.01 dividend. The ex-dividend date 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 1.29%.

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.