NVIDIA Corporation $NVDA Holdings Lowered by Nan Shan Life Insurance Co. Ltd.

Nan Shan Life Insurance Co. Ltd. trimmed its stake in shares of NVIDIA Corporation (NASDAQ:NVDA) by 25.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 341,051 shares of the computer hardware maker’s stock after selling 116,643 shares during the period. Nan Shan Life Insurance Co. Ltd.’s holdings in NVIDIA were worth $36,963,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of NVDA. Nuveen LLC purchased a new stake in shares of NVIDIA during the first quarter valued at $15,089,414,000. Goldman Sachs Group Inc. lifted its holdings in shares of NVIDIA by 123.5% during the first quarter. Goldman Sachs Group Inc. now owns 187,995,213 shares of the computer hardware maker’s stock valued at $20,374,921,000 after purchasing an additional 103,889,872 shares during the last quarter. GAMMA Investing LLC lifted its stake in NVIDIA by 12,173.2% in the 1st quarter. GAMMA Investing LLC now owns 48,837,781 shares of the computer hardware maker’s stock worth $5,293,039,000 after acquiring an additional 48,439,859 shares in the last quarter. Northern Trust Corp lifted its stake in 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 acquiring an additional 36,266,817 shares in the last quarter. Finally, Assenagon Asset Management S.A. lifted its stake in NVIDIA by 204.6% in the 1st quarter. Assenagon Asset Management S.A. now owns 35,652,571 shares of the computer hardware maker’s stock worth $3,864,026,000 after acquiring an additional 23,948,733 shares in the last quarter. 65.27% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at NVIDIA

In related news, Director Dawn E. Hudson sold 18,000 shares of the business’s stock in a transaction 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 transaction, the director owned 368,887 shares of the company’s stock, valued at approximately $63,448,564. The trade was a 4.65% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Jen Hsun Huang sold 75,000 shares of the stock in a transaction 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 completion of the sale, the chief executive officer directly owned 72,398,366 shares of the company’s stock, valued at approximately $12,286,726,693.86. 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 90 days, insiders sold 3,832,755 shares of company stock worth $619,935,680. 4.17% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several equities research analysts recently issued reports on NVDA shares. Bank of America increased their price objective on NVIDIA from $220.00 to $235.00 and gave the stock a “buy” rating in a research note on Thursday, August 28th. Loop Capital increased their price objective on NVIDIA from $175.00 to $250.00 and gave the stock a “buy” rating in a research note on Wednesday, June 25th. Citigroup dropped their target price on NVIDIA from $210.00 to $200.00 and set a “buy” rating on the stock in a research report on Monday. Stifel Nicolaus lifted their price target on NVIDIA from $202.00 to $212.00 and gave the company a “buy” rating in a report on Monday, August 25th. Finally, Raymond James Financial increased their price objective on NVIDIA from $150.00 to $165.00 and gave the stock a “strong-buy” rating in a report on Thursday, May 29th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, NVIDIA currently has an average rating of “Moderate Buy” and an average target price of $207.42.

NVIDIA Stock Up 3.8%

NVDA opened at $177.33 on Thursday. The business has a 50 day moving average price of $173.69 and a 200 day moving average price of $140.91. NVIDIA Corporation has a twelve month low of $86.62 and a twelve month high of $184.48. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.60 and a current ratio of 4.21. The firm has a market cap 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 posted its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.04. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The firm had revenue of $46.74 billion during the quarter, compared to analyst estimates of $45.65 billion. During the same period in the previous year, the company earned $0.68 EPS. The company’s revenue for the quarter was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. Research analysts forecast that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Dividend Announcement

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

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.