Raiffeisen Bank International AG Sells 56,597 Shares of NVIDIA Corporation $NVDA

Raiffeisen Bank International AG lowered its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA) by 1.8% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 3,046,977 shares of the computer hardware maker’s stock after selling 56,597 shares during the period. NVIDIA accounts for approximately 5.3% of Raiffeisen Bank International AG’s holdings, making the stock its largest position. Raiffeisen Bank International AG’s holdings in NVIDIA were worth $334,152,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of NVDA. High Note Wealth LLC increased its holdings in NVIDIA by 0.5% in the first quarter. High Note Wealth LLC now owns 17,873 shares of the computer hardware maker’s stock valued at $1,937,000 after purchasing an additional 91 shares during the period. Kelly Financial Services LLC boosted its position 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 valued at $513,000 after acquiring an additional 94 shares during the last quarter. Next Capital Management LLC boosted its position 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 valued at $1,364,000 after acquiring an additional 94 shares during the last quarter. Mendel Capital Management LLC boosted its position 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 valued at $1,287,000 after acquiring an additional 96 shares during the last quarter. Finally, Affiance Financial LLC boosted its position in NVIDIA by 0.7% during the first quarter. Affiance Financial LLC now owns 13,651 shares of the computer hardware maker’s stock valued at $1,479,000 after acquiring an additional 97 shares during the last quarter. Institutional investors own 65.27% of the company’s stock.

NVIDIA Trading Down 2.0%

NASDAQ:NVDA opened at $170.78 on Wednesday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.96 and a current ratio of 4.21. The firm has a market cap of $4.15 trillion, a price-to-earnings ratio of 48.66, a price-to-earnings-growth ratio of 1.30 and a beta of 2.10. NVIDIA Corporation has a 52 week low of $86.62 and a 52 week high of $184.48. The firm has a 50-day moving average price of $171.89 and a two-hundred day moving average price of $139.57.

NVIDIA (NASDAQ:NVDA) last posted its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, beating the consensus estimate 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 net margin of 52.41% and a return on equity of 101.74%. The company’s revenue for the quarter was up 55.6% on a year-over-year basis. During the same quarter last year, the business posted $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. On average, equities analysts expect that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 2nd. Shareholders of record on Thursday, September 11th will be paid a $0.01 dividend. The ex-dividend date is Thursday, September 11th. This represents a $0.04 annualized dividend and a yield of 0.0%. NVIDIA’s dividend payout ratio (DPR) is 1.14%.

Insider Activity

In other news, CEO Jen Hsun Huang sold 75,000 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the chief executive officer owned 72,848,225 shares in the company, valued at $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 available at 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 stock was sold at an average price of $178.06, for a total transaction of $4,921,578.40. Following the sale, the chief financial officer owned 2,956,876 shares of the company’s stock, valued at approximately $526,501,340.56. The trade was a 0.93% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 4,801,604 shares of company stock valued at $747,046,639. Company insiders own 4.17% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the stock. Piper Sandler set a $225.00 price objective on shares of NVIDIA and gave the stock an “overweight” rating in a research report on Wednesday, August 13th. Sanford C. Bernstein reissued an “outperform” rating and set a $225.00 price objective (up previously from $185.00) on shares of NVIDIA in a research report on Thursday, August 28th. UBS Group increased their price objective on shares of NVIDIA from $175.00 to $205.00 and gave the stock a “buy” rating in a research report on Thursday, August 21st. KeyCorp reissued an “overweight” rating and set a $230.00 price objective (up previously from $215.00) on shares of NVIDIA in a research report on Thursday, August 28th. Finally, Wells Fargo & Company increased their price objective on shares of NVIDIA from $185.00 to $220.00 and gave the stock an “overweight” rating in a research report on Monday, August 11th. Four 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 assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $207.69.

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.