NVIDIA Corporation $NVDA Stake Lifted by Meeder Advisory Services Inc.

Meeder Advisory Services Inc. grew its position in shares of NVIDIA Corporation (NASDAQ:NVDA) by 9.0% during the first quarter, according to its most recent filing with the SEC. The firm owned 546,080 shares of the computer hardware maker’s stock after acquiring an additional 45,162 shares during the period. NVIDIA comprises about 3.5% of Meeder Advisory Services Inc.’s holdings, making the stock its 5th largest holding. Meeder Advisory Services Inc.’s holdings in NVIDIA were worth $59,184,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in NVDA. Norges Bank purchased a new position in shares of NVIDIA during the 4th quarter worth approximately $43,515,504,000. GAMMA Investing LLC grew its holdings in shares of NVIDIA by 12,173.2% during the 1st quarter. GAMMA Investing LLC now owns 48,837,781 shares of the computer hardware maker’s stock worth $5,293,039,000 after acquiring an additional 48,439,859 shares during the period. Northern Trust Corp grew its holdings in shares of NVIDIA by 15.8% during the 4th quarter. Northern Trust Corp now owns 266,454,194 shares of the computer hardware maker’s stock worth $35,782,134,000 after acquiring an additional 36,266,817 shares during the period. Assenagon Asset Management S.A. grew its stake in shares of NVIDIA by 204.6% in the 1st quarter. Assenagon Asset Management S.A. now owns 35,652,571 shares of the computer hardware maker’s stock worth $3,864,026,000 after buying an additional 23,948,733 shares during the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in shares of NVIDIA in the 4th quarter worth approximately $2,987,733,000. Hedge funds and other institutional investors own 65.27% of the company’s stock.

Insider Buying and Selling

In other NVIDIA news, Director Tench Coxe sold 1,000,000 shares of the stock in a transaction on Monday, June 9th. The stock was sold at an average price of $142.80, for a total value of $142,800,000.00. Following the completion of the sale, the director owned 26,671,360 shares in the company, valued at approximately $3,808,670,208. This represents a 3.61% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Jen Hsun Huang sold 75,000 shares of the 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 sale, the chief executive officer owned 75,548,225 shares of the company’s stock, valued at $11,524,126,241.50. The trade was a 0.10% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 5,862,440 shares of company stock valued at $896,145,782 in the last 90 days. 4.17% of the stock is owned by company insiders.

NVIDIA Price Performance

NASDAQ NVDA opened at $180.17 on Friday. The business’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 price-to-earnings ratio of 51.33, a PEG 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. NVIDIA Corporation has a 1-year low of $86.62 and a 1-year high of $184.48.

NVIDIA (NASDAQ:NVDA) last released its quarterly 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. The firm had revenue of $46.74 billion for the quarter, compared to analysts’ expectations of $45.65 billion. NVIDIA had a return on equity of 109.66% and a net margin of 52.41%.The company’s revenue was up 55.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. On average, equities analysts predict that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 2nd. Investors of record on Thursday, September 11th will be issued a $0.01 dividend. 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%.

Analyst Ratings Changes

Several analysts recently weighed in on NVDA shares. Cantor Fitzgerald restated an “overweight” rating and issued a $240.00 price target on shares of NVIDIA in a research note on Thursday. Rosenblatt Securities upped their price target on NVIDIA from $200.00 to $215.00 and gave the stock a “buy” rating in a research note on Thursday. Truist Financial upped their price target on NVIDIA from $210.00 to $228.00 and gave the stock a “buy” rating in a research note on Thursday. Needham & Company LLC restated a “buy” rating and issued a $200.00 price target on shares of NVIDIA in a research note on Thursday. Finally, JPMorgan Chase & Co. upped their price objective on NVIDIA from $170.00 to $215.00 and gave the company an “overweight” rating in a research report on Thursday. Four research analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, NVIDIA currently has an average rating of “Moderate Buy” and a consensus target price of $207.69.

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.