NVIDIA Corporation $NVDA Shares Bought by Morningstar Investment Management LLC

Morningstar Investment Management LLC increased its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA) by 65.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 262,501 shares of the computer hardware maker’s stock after acquiring an additional 103,597 shares during the period. NVIDIA makes up approximately 2.4% of Morningstar Investment Management LLC’s portfolio, making the stock its 11th biggest holding. Morningstar Investment Management LLC’s holdings in NVIDIA were worth $28,450,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Copia Wealth Management acquired a new position in NVIDIA during the fourth quarter worth $50,000. LSV Asset Management acquired a new position in NVIDIA during the fourth quarter worth $54,000. Kathleen S. Wright Associates Inc. grew its holdings in NVIDIA by 169.3% during the first quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker’s stock worth $44,000 after acquiring an additional 254 shares during the period. Barnes Dennig Private Wealth Management LLC purchased a new stake in NVIDIA during the first quarter worth $51,000. Finally, Bruce G. Allen Investments LLC boosted its position in NVIDIA by 198.2% during the first quarter. Bruce G. Allen Investments LLC now owns 492 shares of the computer hardware maker’s stock worth $53,000 after purchasing an additional 327 shares in the last quarter. Institutional investors and hedge funds own 65.27% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have commented on the company. Craig Hallum boosted their target price on NVIDIA from $195.00 to $245.00 and gave the stock a “buy” rating in a research report on Thursday. The Goldman Sachs Group reiterated a “buy” rating and set a $200.00 target price on shares of NVIDIA in a research report on Wednesday. Sanford C. Bernstein restated an “outperform” rating and issued a $225.00 price objective (up from $185.00) on shares of NVIDIA in a research report on Thursday. Robert W. Baird upped their price objective on NVIDIA from $195.00 to $225.00 and gave the company an “outperform” rating in a research report on Monday. Finally, Mizuho upped their price objective on NVIDIA from $192.00 to $205.00 and gave the company an “outperform” rating in a research report on Thursday, August 14th. Four research 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 given a Sell rating to the company’s stock. According to MarketBeat.com, NVIDIA has a consensus rating of “Moderate Buy” and an average price target of $207.69.

Insider Activity at NVIDIA

In related news, CEO Jen Hsun Huang sold 75,000 shares of the firm’s stock in a transaction that occurred on Friday, August 15th. The stock was 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 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 this hyperlink. Also, CFO Colette Kress sold 27,640 shares of the firm’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 value 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 approximately $526,501,340.56. This represents a 0.93% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 5,862,440 shares of company stock worth $896,145,782. Company insiders own 4.17% of the company’s stock.

NVIDIA Stock Performance

Shares of NASDAQ:NVDA opened at $180.17 on Friday. The firm 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. The company has a debt-to-equity ratio of 0.10, a current ratio of 3.39 and a quick ratio of 2.96. The business has a 50-day moving average of $170.22 and a two-hundred day moving average of $138.74. NVIDIA Corporation has a 12 month low of $86.62 and a 12 month high of $184.48.

NVIDIA (NASDAQ:NVDA) last posted its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.01 by $0.04. NVIDIA had a return on equity of 109.66% and a net margin of 52.41%.The business had revenue of $46.74 billion during the quarter, compared to analyst estimates of $45.65 billion. During the same quarter last year, the firm earned $0.68 earnings per share. The company’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 forecast that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Announces Dividend

The company 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 dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. The ex-dividend date of this dividend is Thursday, September 11th. NVIDIA’s dividend payout ratio (DPR) is currently 1.29%.

NVIDIA Company 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.