AlTi Global Inc. Sells 38,028 Shares of NVIDIA Corporation $NVDA

AlTi Global Inc. cut its stake in shares of NVIDIA Corporation (NASDAQ:NVDA) by 32.4% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 79,386 shares of the computer hardware maker’s stock after selling 38,028 shares during the quarter. AlTi Global Inc.’s holdings in NVIDIA were worth $8,605,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Alexis Investment Partners LLC grew its holdings in shares of NVIDIA by 4.7% during the 1st quarter. Alexis Investment Partners LLC now owns 11,081 shares of the computer hardware maker’s stock valued at $1,213,000 after purchasing an additional 494 shares during the last quarter. Amundi grew its holdings in shares of NVIDIA by 16.0% during the 1st quarter. Amundi now owns 135,770,043 shares of the computer hardware maker’s stock valued at $13,826,199,000 after purchasing an additional 18,733,431 shares during the last quarter. Aprio Wealth Management LLC grew its holdings in shares of NVIDIA by 1.3% during the 1st quarter. Aprio Wealth Management LLC now owns 26,897 shares of the computer hardware maker’s stock valued at $2,915,000 after purchasing an additional 348 shares during the last quarter. 5th Street Advisors LLC grew its holdings in shares of NVIDIA by 11.4% during the 1st quarter. 5th Street Advisors LLC now owns 3,072 shares of the computer hardware maker’s stock valued at $333,000 after purchasing an additional 315 shares during the last quarter. Finally, Paragon Private Wealth Management LLC grew its holdings in shares of NVIDIA by 12.2% during the 1st quarter. Paragon Private Wealth Management LLC now owns 58,201 shares of the computer hardware maker’s stock valued at $6,308,000 after purchasing an additional 6,343 shares during the last quarter. 65.27% of the stock is owned by institutional investors.

NVIDIA Stock Up 0.4%

NVIDIA stock opened at $177.82 on Friday. The company has a quick ratio of 3.60, a current ratio of 4.21 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’s fifty day moving average is $174.42 and its 200 day moving average is $141.58. The company has a market capitalization of $4.32 trillion, a PE ratio of 50.66, a PEG ratio of 1.29 and a beta of 2.10.

NVIDIA (NASDAQ:NVDA) last released its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (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 for the quarter, compared to the consensus estimate of $45.65 billion. During the same quarter in the previous year, the company earned $0.68 EPS. NVIDIA’s quarterly 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 fiscal year.

NVIDIA Dividend Announcement

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. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.0%. The ex-dividend date is Thursday, September 11th. NVIDIA’s payout ratio is presently 1.14%.

Insider Activity at NVIDIA

In related news, EVP Ajay K. Puri sold 168,195 shares of the business’s stock in a transaction on Wednesday, June 25th. The shares were sold at an average price of $152.64, for a total transaction of $25,673,284.80. Following the transaction, the executive vice president owned 4,018,547 shares in the company, valued at $613,391,014.08. The trade was a 4.02% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 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 transaction, the director owned 8,247,600 shares in the company, valued at $1,198,046,376. The trade was a 6.87% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 3,907,755 shares of company stock worth $633,253,430 in the last quarter. Company insiders own 4.17% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. Evercore ISI lifted their price target on shares of NVIDIA from $190.00 to $214.00 and gave the company an “outperform” rating in a report on Friday, August 22nd. Mizuho lifted their price target on shares of NVIDIA from $192.00 to $205.00 and gave the company an “outperform” rating in a report on Thursday, August 14th. Morgan Stanley boosted their target price on shares of NVIDIA from $206.00 to $210.00 and gave the stock an “overweight” rating in a report on Thursday, August 28th. Wells Fargo & Company boosted their target price on shares of NVIDIA from $185.00 to $220.00 and gave the stock an “overweight” rating in a report on Monday, August 11th. Finally, DA Davidson raised shares of NVIDIA from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $195.00 to $210.00 in a report on Thursday. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $207.83.

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.