Trivest Advisors Ltd Lowers Stock Position in NVIDIA Corporation $NVDA

Trivest Advisors Ltd lowered its position in NVIDIA Corporation (NASDAQ:NVDA) by 56.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 165,720 shares of the computer hardware maker’s stock after selling 214,280 shares during the period. NVIDIA comprises about 1.5% of Trivest Advisors Ltd’s portfolio, making the stock its 11th largest position. Trivest Advisors Ltd’s holdings in NVIDIA were worth $17,961,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. FMR LLC raised its holdings in shares of NVIDIA by 0.7% in the fourth quarter. FMR LLC now owns 1,004,376,608 shares of the computer hardware maker’s stock valued at $134,877,735,000 after purchasing an additional 6,665,252 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of NVIDIA by 1.7% in the 4th quarter. Geode Capital Management LLC now owns 555,548,278 shares of the computer hardware maker’s stock worth $74,439,273,000 after buying an additional 9,468,786 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in shares of NVIDIA by 0.9% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 411,328,951 shares of the computer hardware maker’s stock worth $55,237,367,000 after buying an additional 3,721,331 shares during the last quarter. Norges Bank purchased a new position in shares of NVIDIA in the 4th quarter worth about $43,515,504,000. Finally, Northern Trust Corp boosted its holdings in shares of NVIDIA by 15.8% in 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 buying an additional 36,266,817 shares during the last quarter. Hedge funds and other institutional investors own 65.27% of the company’s stock.

NVIDIA Stock Down 0.8%

Shares of NVDA opened at $180.17 on Friday. The firm has a market cap of $4.40 trillion, a P/E ratio of 51.33, a P/E/G ratio of 1.59 and a beta of 2.14. NVIDIA Corporation has a 1 year low of $86.62 and a 1 year high of $184.48. 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 stock has a 50 day simple moving average of $170.22 and a two-hundred day simple moving average of $138.74.

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 analysts’ consensus estimates of $1.01 by $0.04. The firm had revenue of $46.74 billion during the quarter, compared to analyst estimates of $45.65 billion. NVIDIA had a return on equity of 109.66% and a net margin of 52.41%.The business’s quarterly revenue was up 55.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. On average, analysts forecast that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

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

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. Evercore ISI upped their price objective on shares of NVIDIA from $190.00 to $214.00 and gave the company an “outperform” rating in a report on Friday, August 22nd. Benchmark upped their price target on NVIDIA from $190.00 to $220.00 and gave the company a “buy” rating in a research report on Thursday. Stifel Nicolaus upped their price objective on shares of NVIDIA from $202.00 to $212.00 and gave the stock a “buy” rating in a research report on Monday. KeyCorp restated an “overweight” rating and issued a $230.00 price objective (up from $215.00) on shares of NVIDIA in a research report on Thursday. Finally, 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. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, NVIDIA presently has a consensus rating of “Moderate Buy” and a consensus target price of $207.69.

Insider Buying and Selling

In other news, CEO Jen Hsun Huang sold 75,000 shares of the stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $179.76, for a total transaction of $13,482,000.00. Following the completion of the sale, the chief executive officer owned 72,848,225 shares of the company’s stock, valued at approximately $13,095,196,926. This represents a 0.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Colette Kress sold 27,640 shares of the 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 sale, the chief financial officer directly owned 2,956,876 shares of the company’s stock, valued at approximately $526,501,340.56. This trade represents a 0.93% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 5,862,440 shares of company stock valued at $896,145,782. Insiders own 4.17% of the company’s stock.

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.