NVIDIA Corporation $NVDA is HMS Capital Management LLC’s 6th Largest Position

HMS Capital Management LLC reduced its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA) by 1.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 53,027 shares of the computer hardware maker’s stock after selling 1,037 shares during the quarter. NVIDIA accounts for 3.8% of HMS Capital Management LLC’s portfolio, making the stock its 6th largest position. HMS Capital Management LLC’s holdings in NVIDIA were worth $8,378,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of NVDA. Brighton Jones LLC grew its stake in NVIDIA by 12.4% during the fourth quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker’s stock worth $43,631,000 after buying an additional 35,815 shares during the period. Bank Pictet & Cie Europe AG grew its stake in NVIDIA by 1.0% during the fourth quarter. Bank Pictet & Cie Europe AG now owns 2,346,417 shares of the computer hardware maker’s stock worth $315,100,000 after buying an additional 22,929 shares during the period. Highview Capital Management LLC DE grew its stake in NVIDIA by 6.7% during the fourth quarter. Highview Capital Management LLC DE now owns 58,396 shares of the computer hardware maker’s stock worth $7,842,000 after buying an additional 3,653 shares during the period. Hudson Value Partners LLC grew its stake in NVIDIA by 30.7% during the fourth quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker’s stock worth $6,805,000 after buying an additional 11,900 shares during the period. Finally, Summit Investment Advisors Inc. grew its stake in NVIDIA by 1.9% during the fourth quarter. Summit Investment Advisors Inc. now owns 737,749 shares of the computer hardware maker’s stock worth $99,072,000 after buying an additional 13,700 shares during the period. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

NVDA has been the topic of a number of recent research reports. Stifel Nicolaus boosted their target price on shares of NVIDIA from $202.00 to $212.00 and gave the stock a “buy” rating in a research report on Monday, August 25th. Wolfe Research boosted their target price on shares of NVIDIA from $220.00 to $230.00 and gave the stock an “outperform” rating in a research report on Thursday, August 28th. Loop Capital boosted their target price on shares of NVIDIA from $175.00 to $250.00 and gave the stock a “buy” rating in a research report on Wednesday, June 25th. 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 research report on Thursday, September 11th. Finally, Robert W. Baird boosted their target price on shares of NVIDIA from $195.00 to $225.00 and gave the stock an “outperform” rating in a research report on Monday, August 25th. Four analysts have rated the stock with a Strong Buy rating, thirty-six have issued a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $208.47.

NVIDIA Stock Up 3.5%

Shares of NASDAQ:NVDA opened at $176.24 on Friday. The stock has a market capitalization of $4.28 trillion, a price-to-earnings ratio of 50.21, a price-to-earnings-growth ratio of 1.23 and a beta of 2.10. NVIDIA Corporation has a 1-year low of $86.62 and a 1-year high of $184.48. The company’s fifty day moving average is $175.50 and its two-hundred day moving average is $143.02. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.60 and a current ratio of 4.21.

NVIDIA (NASDAQ:NVDA) last released its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, topping the consensus estimate of $1.01 by $0.04. The business had revenue of $46.74 billion during the quarter, compared to analyst estimates of $45.65 billion. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The company’s quarterly revenue was up 55.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. Equities analysts anticipate that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th will be given a dividend of $0.01 per share. The ex-dividend date is Thursday, September 11th. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. NVIDIA’s dividend payout ratio is currently 1.14%.

Insider Transactions at NVIDIA

In other news, EVP Ajay K. Puri sold 168,195 shares of the company’s stock in a transaction dated 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 in the company, valued at approximately $613,391,014.08. This represents a 4.02% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Jen Hsun Huang sold 75,000 shares of the company’s stock in a transaction dated Friday, June 27th. The stock was sold at an average price of $157.02, for a total transaction of $11,776,500.00. Following the transaction, the chief executive officer owned 75,398,225 shares of the company’s stock, valued at $11,839,029,289.50. This represents a 0.10% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 3,819,522 shares of company stock worth $642,506,300. Insiders own 4.17% of the company’s stock.

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.