NVIDIA Corporation $NVDA Stock Position Lowered by Brandywine Managers LLC

Brandywine Managers LLC cut its stake in shares of NVIDIA Corporation (NASDAQ:NVDA) by 5.0% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 20,310 shares of the computer hardware maker’s stock after selling 1,080 shares during the quarter. NVIDIA makes up approximately 2.6% of Brandywine Managers LLC’s holdings, making the stock its 5th biggest holding. Brandywine Managers LLC’s holdings in NVIDIA were worth $2,201,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Bridgeway Capital Management LLC boosted its stake in shares of NVIDIA by 2.3% during the first quarter. Bridgeway Capital Management LLC now owns 316,630 shares of the computer hardware maker’s stock valued at $34,316,000 after purchasing an additional 7,070 shares in the last quarter. AQR Capital Management LLC boosted its stake in shares of NVIDIA by 17.7% during the first quarter. AQR Capital Management LLC now owns 19,204,763 shares of the computer hardware maker’s stock valued at $2,011,795,000 after purchasing an additional 2,892,402 shares in the last quarter. Alexis Investment Partners LLC boosted its stake in shares of NVIDIA by 4.7% during the first 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 in the last quarter. Amundi boosted its stake in shares of NVIDIA by 16.0% during the first 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 in the last quarter. Finally, Aprio Wealth Management LLC boosted its stake in shares of NVIDIA by 1.3% during the first 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 in the last quarter. 65.27% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, EVP Ajay K. Puri sold 168,195 shares of the firm’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 completion of the transaction, the executive vice president owned 4,018,547 shares of the company’s stock, valued at $613,391,014.08. This trade represents a 4.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Jen Hsun Huang sold 75,000 shares of the firm’s stock in a transaction on Wednesday, June 25th. The stock was sold at an average price of $152.54, for a total transaction of $11,440,500.00. Following the transaction, the chief executive officer directly owned 75,548,225 shares of the company’s stock, valued at approximately $11,524,126,241.50. This trade represents a 0.10% decrease in their position. 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 90 days. Insiders own 4.17% of the company’s stock.

NVIDIA Trading Up 0.4%

NASDAQ NVDA opened at $177.82 on Friday. The company has a fifty day simple moving average of $174.42 and a two-hundred day simple moving average of $141.58. The stock has a market cap of $4.32 trillion, a P/E ratio of 50.66, a P/E/G ratio of 1.29 and a beta of 2.10. NVIDIA Corporation has a 12-month low of $86.62 and a 12-month high of $184.48. 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 issued its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.04. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The firm had revenue of $46.74 billion during the quarter, compared to analysts’ expectations of $45.65 billion. During the same quarter last year, the company posted $0.68 earnings per share. The firm’s revenue was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. On average, analysts forecast that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 2nd. Investors of record on Thursday, September 11th will be issued a dividend of $0.01 per share. 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 (DPR) is 1.14%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the stock. Wells Fargo & Company increased their price objective on shares of NVIDIA from $185.00 to $220.00 and gave the company an “overweight” rating in a research note on Monday, August 11th. Rosenblatt Securities increased their price objective 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. Mizuho increased their price objective on shares of NVIDIA from $192.00 to $205.00 and gave the company an “outperform” rating in a research note on Thursday, August 14th. Stifel Nicolaus raised their target price on shares of NVIDIA from $202.00 to $212.00 and gave the company a “buy” rating in a research note on Monday, August 25th. Finally, JPMorgan Chase & Co. restated an “overweight” rating and issued a $215.00 target price on shares of NVIDIA in a research note on Thursday, September 4th. Four analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus 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.