RD Finance Ltd Makes New Investment in NVIDIA Corporation $NVDA

RD Finance Ltd purchased a new position in NVIDIA Corporation (NASDAQ:NVDA) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 45,385 shares of the computer hardware maker’s stock, valued at approximately $4,919,000. NVIDIA comprises about 3.9% of RD Finance Ltd’s portfolio, making the stock its 5th largest position.

A number of other large investors have also added to or reduced their stakes in NVDA. Kathleen S. Wright Associates Inc. grew its holdings in NVIDIA by 169.3% in the 1st 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 last quarter. Copia Wealth Management bought a new stake in NVIDIA in the 4th quarter worth $50,000. Barnes Dennig Private Wealth Management LLC bought a new stake in NVIDIA in the 1st quarter worth $51,000. Bruce G. Allen Investments LLC boosted its stake in shares of NVIDIA by 198.2% during the 1st quarter. Bruce G. Allen Investments LLC now owns 492 shares of the computer hardware maker’s stock valued at $53,000 after purchasing an additional 327 shares in the last quarter. Finally, LSV Asset Management bought a new stake in shares of NVIDIA during the 4th quarter valued at about $54,000. Institutional investors own 65.27% of the company’s stock.

NVIDIA Stock Down 0.8%

NVDA opened at $180.17 on Friday. The company has a quick ratio of 2.96, a current ratio of 3.39 and a debt-to-equity ratio of 0.10. The firm has a 50 day moving average price of $170.22 and a 200-day moving average price of $138.74. NVIDIA Corporation has a twelve month low of $86.62 and a twelve month high of $184.48. 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.

NVIDIA (NASDAQ:NVDA) last released its quarterly earnings data 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 analysts’ expectations of $45.65 billion. During the same period in the previous year, the company earned $0.68 earnings per share. The firm’s quarterly revenue was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. Equities research analysts forecast that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th will be issued a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. The ex-dividend date of this dividend is Thursday, September 11th. NVIDIA’s payout ratio is presently 1.29%.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on NVDA shares. Bank of America lifted their price target on shares of NVIDIA from $220.00 to $235.00 and gave the company a “buy” rating in a research report on Thursday. Citigroup reissued a “buy” rating and set a $210.00 price target (up from $190.00) on shares of NVIDIA 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 lifted their price target on shares of NVIDIA from $220.00 to $230.00 and gave the company an “outperform” rating in a research report on Thursday. Finally, Barclays lifted their price target on shares of NVIDIA from $170.00 to $200.00 and gave the company an “overweight” rating in a research report on Tuesday, June 17th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $207.69.

Insider Activity at NVIDIA

In related news, EVP Ajay K. Puri sold 168,195 shares of the business’s stock in a transaction that occurred on Wednesday, June 25th. The shares were sold at an average price of $152.64, for a total transaction of $25,673,284.80. Following the completion of the sale, the executive vice president directly owned 4,018,547 shares in the company, valued at approximately $613,391,014.08. The trade was a 4.02% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Mark A. Stevens sold 935,000 shares of the business’s stock in a transaction that occurred on Tuesday, June 3rd. The shares were sold at an average price of $140.92, for a total transaction of $131,760,200.00. Following the sale, the director owned 9,214,697 shares of the company’s stock, valued at $1,298,535,101.24. This trade represents a 9.21% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 5,862,440 shares of company stock valued at $896,145,782 over the last ninety days. Company insiders own 4.17% of the company’s stock.

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.