NVIDIA Corporation $NVDA Shares Sold by Douglas Lane & Associates LLC

Douglas Lane & Associates LLC decreased its position in NVIDIA Corporation (NASDAQ:NVDA) by 7.9% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,791,147 shares of the computer hardware maker’s stock after selling 152,848 shares during the period. NVIDIA comprises approximately 4.1% of Douglas Lane & Associates LLC’s holdings, making the stock its largest holding. Douglas Lane & Associates LLC’s holdings in NVIDIA were worth $282,983,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Northern Trust Corp grew its stake in shares of NVIDIA by 15.8% in the 4th 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. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in NVIDIA by 2.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 206,794,926 shares of the computer hardware maker’s stock worth $22,412,434,000 after acquiring an additional 5,896,735 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in NVIDIA by 11.4% during the 4th 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 worth $26,978,618,000 after acquiring an additional 20,494,402 shares during the last quarter. Goldman Sachs Group Inc. grew its position in NVIDIA by 123.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 187,995,213 shares of the computer hardware maker’s stock worth $20,374,921,000 after acquiring an additional 103,889,872 shares during the last quarter. Finally, Nuveen LLC bought a new stake in NVIDIA during the 1st quarter worth approximately $15,089,414,000. Institutional investors and hedge funds own 65.27% of the company’s stock.

Insider Activity

In other NVIDIA news, CEO Jen Hsun Huang sold 75,000 shares of the firm’s stock in a transaction on Monday, September 15th. The shares were sold at an average price of $176.57, for a total value of $13,242,750.00. Following the sale, the chief executive officer owned 72,023,366 shares of the company’s stock, valued at $12,717,165,734.62. This trade represents a 0.10% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Mark A. Stevens sold 297,797 shares of NVIDIA stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $178.19, for a total transaction of $53,064,447.43. Following the sale, the director directly owned 7,749,803 shares in the company, valued at $1,380,937,396.57. The trade was a 3.70% decrease in their position. The disclosure for this sale can be found here. Insiders sold 3,975,304 shares of company stock worth $665,001,763 in the last quarter. Insiders own 4.17% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on NVDA shares. Oppenheimer reaffirmed an “outperform” rating and set a $225.00 price objective (up previously from $200.00) on shares of NVIDIA in a report on Thursday, August 28th. Summit Insights raised NVIDIA from a “hold” rating to a “buy” rating in a research note on Thursday, May 29th. Loop Capital increased their target price on NVIDIA from $175.00 to $250.00 and gave the stock a “buy” rating in a report on Wednesday, June 25th. Arete Research upgraded NVIDIA to a “strong-buy” rating in a report on Wednesday, May 21st. Finally, KeyCorp restated an “overweight” rating and issued a $230.00 price objective (up previously from $215.00) on shares of NVIDIA in a report on Thursday, August 28th. Four analysts have rated the stock with a Strong Buy rating, thirty-six have given a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, NVIDIA has a consensus rating of “Moderate Buy” and an average price target of $208.47.

NVIDIA Trading Down 2.6%

Shares of NVDA stock opened at $170.29 on Thursday. 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 $175.25 and a two-hundred day simple moving average of $142.59. The company has a market capitalization of $4.14 trillion, a price-to-earnings ratio of 48.52, a PEG ratio of 1.26 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 for the quarter, beating analysts’ consensus estimates of $1.01 by $0.04. The firm had revenue of $46.74 billion during the quarter, compared to the consensus estimate of $45.65 billion. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The company’s revenue was up 55.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.68 EPS. 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 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. The ex-dividend date of this dividend is Thursday, September 11th. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. NVIDIA’s dividend payout ratio (DPR) is currently 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.