Nan Fung Trinity HK Ltd. Invests $19.29 Million in NVIDIA Corporation $NVDA

Nan Fung Trinity HK Ltd. acquired a new stake in NVIDIA Corporation (NASDAQ:NVDA) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 178,000 shares of the computer hardware maker’s stock, valued at approximately $19,292,000. NVIDIA accounts for 3.1% of Nan Fung Trinity HK Ltd.’s investment portfolio, making the stock its 16th largest holding.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. High Note Wealth LLC grew its stake in NVIDIA by 0.5% during the first quarter. High Note Wealth LLC now owns 17,873 shares of the computer hardware maker’s stock worth $1,937,000 after buying an additional 91 shares during the period. Kelly Financial Services LLC grew its stake in NVIDIA by 2.0% during the first quarter. Kelly Financial Services LLC now owns 4,736 shares of the computer hardware maker’s stock worth $513,000 after buying an additional 94 shares during the period. Next Capital Management LLC grew its stake in NVIDIA by 0.8% during the first quarter. Next Capital Management LLC now owns 12,589 shares of the computer hardware maker’s stock worth $1,364,000 after buying an additional 94 shares during the period. Mendel Capital Management LLC grew its stake in NVIDIA by 0.8% during the first quarter. Mendel Capital Management LLC now owns 11,871 shares of the computer hardware maker’s stock worth $1,287,000 after buying an additional 96 shares during the period. Finally, Affiance Financial LLC grew its stake in NVIDIA by 0.7% during the first quarter. Affiance Financial LLC now owns 13,651 shares of the computer hardware maker’s stock worth $1,479,000 after buying an additional 97 shares during the period. Institutional investors and hedge funds own 65.27% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on NVDA. Bank of America boosted their target price on shares of NVIDIA from $220.00 to $235.00 and gave the stock a “buy” rating in a research report on Thursday. Rosenblatt Securities boosted their target price on shares of NVIDIA from $200.00 to $215.00 and gave the stock 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. Wolfe Research boosted their target price on shares of NVIDIA from $220.00 to $230.00 and gave the stock an “outperform” rating in a research report on Thursday. Finally, Cantor Fitzgerald reissued an “overweight” rating and set a $240.00 target price on shares of NVIDIA in a research report on Thursday. Four investment analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $207.69.

NVIDIA Trading Down 0.8%

NVDA opened at $180.17 on Friday. The company has a debt-to-equity ratio of 0.10, a current ratio of 3.39 and a quick ratio of 2.96. NVIDIA Corporation has a 12-month low of $86.62 and a 12-month high of $184.48. The firm’s fifty day moving average price is $170.22 and its 200 day moving average price is $138.74. The stock has a market capitalization 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 released its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.04. NVIDIA had a net margin of 52.41% and a return on equity of 109.66%. 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 previous year, the firm earned $0.68 earnings per share. The firm’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. As a group, research analysts expect that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Dividend Announcement

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 paid a dividend of $0.01 per share. The ex-dividend date is Thursday, September 11th. This represents a $0.04 annualized dividend and a yield of 0.0%. NVIDIA’s payout ratio is presently 1.29%.

Insider Buying and Selling at NVIDIA

In other NVIDIA news, CFO Colette Kress sold 27,640 shares of the business’s stock in a transaction 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 owned 2,956,876 shares in the company, valued at $526,501,340.56. The trade was a 0.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Jen Hsun Huang sold 75,000 shares of the business’s stock in a transaction on Friday, August 15th. The shares were sold at an average price of $179.76, for a total transaction of $13,482,000.00. Following the sale, the chief executive officer owned 72,848,225 shares of the company’s stock, valued at approximately $13,095,196,926. The trade was a 0.10% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 5,862,440 shares of company stock valued at $896,145,782. 4.17% of the stock is owned by insiders.

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.