Jackson Square Partners LLC Trims Stock Position in NVIDIA Corporation $NVDA

Jackson Square Partners LLC lessened its stake in shares of NVIDIA Corporation (NASDAQ:NVDA) by 6.7% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 152,030 shares of the computer hardware maker’s stock after selling 10,940 shares during the quarter. NVIDIA comprises about 2.2% of Jackson Square Partners LLC’s holdings, making the stock its 24th biggest holding. Jackson Square Partners LLC’s holdings in NVIDIA were worth $16,477,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Copia Wealth Management purchased a new stake in NVIDIA in the 4th quarter valued at $50,000. LSV Asset Management purchased a new stake in NVIDIA in the 4th quarter valued at $54,000. Kathleen S. Wright Associates Inc. raised its position 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 valued at $44,000 after purchasing an additional 254 shares during the last quarter. Barnes Dennig Private Wealth Management LLC purchased a new stake in NVIDIA in the 1st quarter valued at $51,000. Finally, Bruce G. Allen Investments LLC raised its position in NVIDIA by 198.2% in 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 during the last quarter. Hedge funds and other institutional investors own 65.27% of the company’s stock.

NVIDIA Stock Down 2.7%

Shares of NVIDIA stock opened at $167.02 on Friday. The company has a market cap of $4.06 trillion, a P/E ratio of 47.58, a PEG ratio of 1.21 and a beta of 2.10. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.60 and a current ratio of 4.21. NVIDIA Corporation has a one year low of $86.62 and a one year high of $184.48. The firm has a fifty day moving average of $172.73 and a two-hundred day moving average of $140.21.

NVIDIA (NASDAQ:NVDA) last announced its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, topping analysts’ consensus estimates of $1.01 by $0.04. The company had revenue of $46.74 billion during the quarter, compared to the consensus estimate of $45.65 billion. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. NVIDIA’s quarterly revenue was up 55.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.68 EPS. 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 year.

NVIDIA Announces Dividend

The business 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 dividend on an annualized basis and a dividend yield of 0.0%. NVIDIA’s dividend payout ratio is 1.14%.

Insider Activity at NVIDIA

In other news, Director Mark A. Stevens sold 608,248 shares of the company’s stock in a transaction on Wednesday, June 18th. The shares were sold at an average price of $145.26, for a total transaction of $88,354,104.48. Following the transaction, the director directly owned 8,247,600 shares of the company’s stock, valued at $1,198,046,376. This represents a 6.87% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Jen Hsun Huang sold 75,000 shares of the company’s stock in a transaction on Wednesday, June 25th. The stock was sold at an average price of $152.54, for a total transaction of $11,440,500.00. Following the transaction, the chief executive officer directly owned 75,548,225 shares in the company, valued at approximately $11,524,126,241.50. This trade represents a 0.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 4,872,755 shares of company stock valued at $764,283,330. Company insiders own 4.17% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently commented on NVDA. DA Davidson upped their price target on shares of NVIDIA from $135.00 to $195.00 and gave the company a “neutral” rating in a research report on Thursday, August 28th. Citigroup reiterated a “buy” rating and issued a $210.00 price target (up previously from $190.00) on shares of NVIDIA in a research report on Thursday, August 28th. Truist Financial upped their price target on shares of NVIDIA from $210.00 to $228.00 and gave the company a “buy” rating in a research report on Thursday, August 28th. Needham & Company LLC reiterated a “buy” rating and issued a $200.00 price target on shares of NVIDIA in a research report on Thursday, August 28th. Finally, Loop Capital upped their price target on shares of NVIDIA from $175.00 to $250.00 and gave the company a “buy” rating in a research report on Wednesday, June 25th. Four research analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average 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.