NVIDIA Corporation $NVDA Shares Sold by BI Asset Management Fondsmaeglerselskab A S

BI Asset Management Fondsmaeglerselskab A S reduced its stake in shares of NVIDIA Corporation (NASDAQ:NVDA) by 1.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 4,966,920 shares of the computer hardware maker’s stock after selling 79,455 shares during the quarter. NVIDIA makes up approximately 6.1% of BI Asset Management Fondsmaeglerselskab A S’s portfolio, making the stock its largest position. BI Asset Management Fondsmaeglerselskab A S’s holdings in NVIDIA were worth $538,315,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the stock. Price T Rowe Associates Inc. MD boosted its holdings in shares of NVIDIA by 0.9% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 411,328,951 shares of the computer hardware maker’s stock worth $55,237,367,000 after purchasing an additional 3,721,331 shares during the period. Northern Trust Corp lifted its stake in NVIDIA by 15.8% in the fourth quarter. Northern Trust Corp now owns 266,454,194 shares of the computer hardware maker’s stock valued at $35,782,134,000 after acquiring an additional 36,266,817 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in NVIDIA by 11.4% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 200,898,191 shares of the computer hardware maker’s stock valued at $26,978,618,000 after acquiring an additional 20,494,402 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in NVIDIA by 123.5% in 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 acquiring an additional 103,889,872 shares during the last quarter. Finally, Capital World Investors lifted its stake in NVIDIA by 6.5% in the fourth quarter. Capital World Investors now owns 140,921,614 shares of the computer hardware maker’s stock valued at $18,925,009,000 after acquiring an additional 8,555,411 shares during the last quarter. 65.27% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

NVDA has been the subject of a number of analyst reports. Craig Hallum lifted their target price on shares of NVIDIA from $195.00 to $245.00 and gave the company a “buy” rating in a research note on Thursday, August 28th. Phillip Securities upgraded shares of NVIDIA from a “moderate buy” rating to a “strong-buy” rating in a research note on Monday, July 14th. KeyCorp reiterated an “overweight” rating and issued a $230.00 target price (up from $215.00) on shares of NVIDIA in a research note on Thursday, August 28th. Wall Street Zen upgraded shares of NVIDIA from a “hold” rating to a “buy” rating in a research note on Friday, September 5th. Finally, Rosenblatt Securities lifted their target price on shares of NVIDIA from $200.00 to $215.00 and gave the company a “buy” rating in a research note on Thursday, August 28th. 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 company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $207.42.

NVIDIA Trading Up 3.8%

Shares of NVDA stock opened at $177.33 on Thursday. NVIDIA Corporation has a 1 year low of $86.62 and a 1 year high of $184.48. The firm’s fifty day simple moving average is $173.69 and its 200 day simple moving average is $140.91. 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. 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 earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, topping 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 business 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 firm posted $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 EPS for the current 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 given 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 yield of 0.0%. NVIDIA’s payout ratio is 1.14%.

Insider Buying and Selling

In related news, CEO Jen Hsun Huang sold 75,000 shares of the business’s stock in a transaction on Wednesday, June 25th. The shares were sold at an average price of $152.54, for a total transaction of $11,440,500.00. Following the transaction, the chief executive officer owned 75,548,225 shares of the company’s stock, valued at approximately $11,524,126,241.50. The trade was a 0.10% 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, Director Mark A. Stevens sold 608,248 shares of the business’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 completion of the sale, the director directly owned 8,247,600 shares in the company, valued at $1,198,046,376. This trade represents a 6.87% decrease in their position. 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 owned by company insiders.

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.