Levin Capital Strategies L.P. Increases Position in NVIDIA Corporation $NVDA

Levin Capital Strategies L.P. raised its holdings in NVIDIA Corporation (NASDAQ:NVDA) by 10.3% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,410 shares of the computer hardware maker’s stock after buying an additional 2,007 shares during the period. Levin Capital Strategies L.P.’s holdings in NVIDIA were worth $2,320,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Astoria Portfolio Advisors LLC. raised its stake in NVIDIA by 0.9% in the first quarter. Astoria Portfolio Advisors LLC. now owns 93,568 shares of the computer hardware maker’s stock valued at $9,610,000 after buying an additional 864 shares in the last quarter. Centerpoint Advisory Group raised its stake in NVIDIA by 2.5% in the first quarter. Centerpoint Advisory Group now owns 39,398 shares of the computer hardware maker’s stock valued at $4,270,000 after buying an additional 943 shares in the last quarter. GSB Wealth Management LLC raised its stake in NVIDIA by 3.3% in the first quarter. GSB Wealth Management LLC now owns 32,611 shares of the computer hardware maker’s stock valued at $3,534,000 after buying an additional 1,043 shares in the last quarter. Variant Private Wealth LLC raised its stake in NVIDIA by 20.6% in the first quarter. Variant Private Wealth LLC now owns 18,800 shares of the computer hardware maker’s stock valued at $2,038,000 after buying an additional 3,206 shares in the last quarter. Finally, Financial Perspectives Inc raised its stake in NVIDIA by 2.8% in the first quarter. Financial Perspectives Inc now owns 45,958 shares of the computer hardware maker’s stock valued at $4,981,000 after buying an additional 1,265 shares in the last quarter. 65.27% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at NVIDIA

In other news, Director Dawn E. Hudson sold 18,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 3rd. The stock was sold at an average price of $172.00, for a total transaction of $3,096,000.00. Following the sale, the director owned 368,887 shares of the company’s stock, valued at $63,448,564. The trade was a 4.65% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Jen Hsun Huang sold 75,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $169.65, for a total value of $12,723,750.00. Following the sale, the chief executive officer directly owned 72,698,366 shares in the company, valued at $12,333,277,791.90. This trade represents a 0.10% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 4,872,755 shares of company stock worth $764,283,330 in the last three months. Corporate insiders own 4.17% of the company’s stock.

NVIDIA Price Performance

Shares of NVDA opened at $171.66 on Friday. NVIDIA Corporation has a twelve month low of $86.62 and a twelve month high of $184.48. The stock’s 50 day moving average is $172.55 and its two-hundred day moving average is $140.01. The firm has a market capitalization of $4.17 trillion, a PE ratio of 48.91, a P/E/G ratio of 1.24 and a beta of 2.10. The company has a current ratio of 4.21, a quick ratio of 3.60 and a debt-to-equity ratio of 0.08.

NVIDIA (NASDAQ:NVDA) last announced 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. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The company had revenue of $46.74 billion for the quarter, compared to analyst estimates of $45.65 billion. During the same quarter in the previous year, the company earned $0.68 EPS. The firm’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. Research analysts anticipate that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Announces Dividend

The company also recently declared 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. The ex-dividend date of this dividend is Thursday, September 11th. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. NVIDIA’s payout ratio is 1.14%.

Wall Street Analyst Weigh In

A number of research firms have weighed in on NVDA. The Goldman Sachs Group restated a “buy” rating and issued a $200.00 price target on shares of NVIDIA in a research note on Wednesday, August 27th. KeyCorp reiterated an “overweight” rating and set a $230.00 target price (up previously from $215.00) on shares of NVIDIA in a research report on Thursday, August 28th. Phillip Securities upgraded NVIDIA from a “moderate buy” rating to a “strong-buy” rating in a research report on Monday, July 14th. Wells Fargo & Company lifted their target price on NVIDIA from $185.00 to $220.00 and gave the stock an “overweight” rating in a research report on Monday, August 11th. Finally, Stifel Nicolaus lifted their target price on NVIDIA from $202.00 to $212.00 and gave the stock a “buy” rating in a research report on Monday, August 25th. Four analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, NVIDIA currently has an average rating of “Moderate Buy” and a consensus price target of $207.69.

About NVIDIA

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.