1 North Wealth Services LLC decreased its position in NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 5.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,935 shares of the computer hardware maker’s stock after selling 171 shares during the period. 1 North Wealth Services LLC’s holdings in NVIDIA were worth $318,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also bought and sold shares of NVDA. Nuveen LLC acquired a new position in NVIDIA in the first quarter valued at $15,089,414,000. Goldman Sachs Group Inc. lifted its holdings 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 buying an additional 103,889,872 shares during the period. GAMMA Investing LLC lifted its holdings in NVIDIA by 12,173.2% in the first quarter. GAMMA Investing LLC now owns 48,837,781 shares of the computer hardware maker’s stock valued at $5,293,039,000 after buying an additional 48,439,859 shares during the period. Northern Trust Corp raised its holdings in shares of NVIDIA by 15.8% during 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 purchasing an additional 36,266,817 shares during the period. Finally, Assenagon Asset Management S.A. raised its holdings in shares of NVIDIA by 204.6% during the first quarter. Assenagon Asset Management S.A. now owns 35,652,571 shares of the computer hardware maker’s stock valued at $3,864,026,000 after purchasing an additional 23,948,733 shares during the period. Institutional investors and hedge funds own 65.27% of the company’s stock.
Insider Transactions at NVIDIA
In other NVIDIA news, CEO Jen Hsun Huang sold 75,000 shares of the company’s stock in a transaction dated Wednesday, September 10th. The shares were sold at an average price of $177.57, for a total value of $13,317,750.00. Following the completion of the sale, the chief executive officer directly owned 72,248,366 shares of the company’s stock, valued at approximately $12,829,142,350.62. This represents a 0.10% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Dawn E. Hudson sold 18,000 shares of the company’s stock in a transaction dated 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 completion of the sale, the director directly owned 368,887 shares of the company’s stock, valued at $63,448,564. The trade was a 4.65% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 3,907,755 shares of company stock valued at $633,253,430 over the last ninety days. 4.17% of the stock is currently owned by insiders.
Wall Street Analyst Weigh In
View Our Latest Stock Report on NVIDIA
NVIDIA Trading Up 0.4%
Shares of NVDA stock opened at $177.82 on Friday. NVIDIA Corporation has a 52-week low of $86.62 and a 52-week 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 company has a 50-day simple moving average of $174.42 and a two-hundred day simple moving average of $141.58. The company has a market capitalization of $4.32 trillion, a price-to-earnings ratio of 50.66, a PEG ratio of 1.29 and a beta of 2.10.
NVIDIA (NASDAQ:NVDA – Get Free Report) last issued its quarterly earnings data 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 during the quarter, compared to the consensus estimate of $45.65 billion. During the same period in the prior year, the firm posted $0.68 EPS. The firm’s quarterly revenue 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 EPS for the current fiscal year.
NVIDIA Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 2nd. Shareholders of record on Thursday, September 11th will be given 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 is presently 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.
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