Korea Investment CORP Acquires 566,975 Shares of NVIDIA Corporation $NVDA

Korea Investment CORP boosted its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA) by 3.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 19,775,381 shares of the computer hardware maker’s stock after buying an additional 566,975 shares during the period. NVIDIA makes up about 5.2% of Korea Investment CORP’s portfolio, making the stock its 2nd largest position. Korea Investment CORP owned approximately 0.08% of NVIDIA worth $2,143,256,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Kathleen S. Wright Associates Inc. boosted its holdings in NVIDIA by 169.3% during the first quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker’s stock worth $44,000 after purchasing an additional 254 shares during the last quarter. Copia Wealth Management purchased a new position in NVIDIA during the fourth quarter worth about $50,000. Barnes Dennig Private Wealth Management LLC purchased a new position in NVIDIA during the first quarter worth about $51,000. Bruce G. Allen Investments LLC boosted its holdings in NVIDIA by 198.2% during the first quarter. Bruce G. Allen Investments LLC now owns 492 shares of the computer hardware maker’s stock worth $53,000 after purchasing an additional 327 shares during the last quarter. Finally, Campbell Capital Management Inc. grew its position in NVIDIA by 5,900.0% during the first quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker’s stock valued at $65,000 after buying an additional 590 shares during the period. Institutional investors and hedge funds own 65.27% of the company’s stock.

Insider Activity at NVIDIA

In other NVIDIA news, Director Dawn E. Hudson sold 18,000 shares of NVIDIA stock in a transaction that occurred on Wednesday, September 3rd. The shares were sold at an average price of $172.00, for a total transaction of $3,096,000.00. Following the completion of the sale, the director directly owned 368,887 shares in the company, valued at $63,448,564. The trade was a 4.65% decrease in their ownership of the stock. The sale 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 NVIDIA stock in a transaction that occurred on Monday, September 8th. The shares were sold at an average price of $169.71, for a total transaction of $12,728,250.00. Following the sale, the chief executive officer owned 72,398,366 shares of the company’s stock, valued at approximately $12,286,726,693.86. The trade was a 0.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 3,832,755 shares of company stock valued at $619,935,680. 4.17% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on NVDA shares. The Goldman Sachs Group restated a “buy” rating and set a $200.00 price target on shares of NVIDIA in a research report on Wednesday, August 27th. UBS Group increased their price target on shares of NVIDIA from $175.00 to $205.00 and gave the company a “buy” rating in a research report on Thursday, August 21st. Needham & Company LLC restated a “buy” rating and set a $200.00 price target on shares of NVIDIA in a research report on Thursday, August 28th. Wall Street Zen upgraded shares of NVIDIA from a “hold” rating to a “buy” rating in a research report on Friday, September 5th. Finally, Citigroup reduced their price target on shares of NVIDIA from $210.00 to $200.00 and set a “buy” rating for the company in a research report on Monday. Four investment 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 stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $207.42.

NVIDIA Price Performance

NVDA stock opened at $177.33 on Thursday. The firm has a 50 day moving average of $173.69 and a 200-day moving average of $140.91. 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 Corporation has a 12 month low of $86.62 and a 12 month high of $184.48. The firm has a market capitalization of $4.31 trillion, a P/E ratio of 50.52, a price-to-earnings-growth ratio of 1.24 and a beta of 2.10.

NVIDIA (NASDAQ:NVDA) last released its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, beating analysts’ consensus estimates of $1.01 by $0.04. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The company had revenue of $46.74 billion during the quarter, compared to analyst estimates of $45.65 billion. During the same period last year, the business earned $0.68 earnings per share. NVIDIA’s revenue was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. As a group, sell-side analysts predict that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

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

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.