NVIDIA Corporation $NVDA Shares Sold by Zevenbergen Capital Investments LLC

Zevenbergen Capital Investments LLC decreased its stake in shares of NVIDIA Corporation (NASDAQ:NVDA) by 4.1% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,980,228 shares of the computer hardware maker’s stock after selling 127,702 shares during the period. NVIDIA accounts for 9.2% of Zevenbergen Capital Investments LLC’s portfolio, making the stock its largest position. Zevenbergen Capital Investments LLC’s holdings in NVIDIA were worth $470,846,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Burkett Financial Services LLC increased its position in NVIDIA by 1.3% during the second quarter. Burkett Financial Services LLC now owns 5,450 shares of the computer hardware maker’s stock worth $861,000 after purchasing an additional 70 shares during the last quarter. Elevate Wealth Advisory Inc. increased its position in shares of NVIDIA by 1.7% in the first quarter. Elevate Wealth Advisory Inc. now owns 4,617 shares of the computer hardware maker’s stock worth $500,000 after acquiring an additional 77 shares in the last quarter. Earnest Partners LLC increased its position in shares of NVIDIA by 0.7% in the first quarter. Earnest Partners LLC now owns 11,334 shares of the computer hardware maker’s stock worth $1,228,000 after acquiring an additional 81 shares in the last quarter. Retirement Wealth Solutions LLC increased its position in shares of NVIDIA by 2.0% in the second quarter. Retirement Wealth Solutions LLC now owns 4,172 shares of the computer hardware maker’s stock worth $659,000 after acquiring an additional 81 shares in the last quarter. Finally, High Note Wealth LLC increased its position in shares of NVIDIA by 0.5% in the first quarter. High Note Wealth LLC now owns 17,873 shares of the computer hardware maker’s stock worth $1,937,000 after acquiring an additional 91 shares in the last quarter. Institutional investors and hedge funds own 65.27% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on NVDA shares. JPMorgan Chase & Co. reissued an “overweight” rating and issued a $215.00 price objective on shares of NVIDIA in a research report on Thursday, September 4th. Wolfe Research increased their price objective 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. Morgan Stanley increased their price objective on shares of NVIDIA from $206.00 to $210.00 and gave the stock an “overweight” rating in a research report on Thursday, August 28th. Raymond James Financial increased their price objective on shares of NVIDIA from $150.00 to $165.00 and gave the company a “strong-buy” rating in a research note on Thursday, May 29th. Finally, Barclays raised their price target on shares of NVIDIA from $170.00 to $200.00 and gave the stock an “overweight” rating in a research report on Tuesday, June 17th. Four research 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 issued a Sell rating to the stock. According to data from MarketBeat.com, NVIDIA has an average rating of “Moderate Buy” and a consensus price target of $208.47.

Insider Buying and Selling

In related news, Director Mark A. Stevens sold 297,797 shares of the business’s stock in a transaction on 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 transaction, the director owned 7,749,803 shares of the company’s stock, valued at approximately $1,380,937,396.57. The trade was a 3.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Jen Hsun Huang sold 75,000 shares of the business’s stock in a transaction on Friday, June 27th. The shares were sold at an average price of $157.02, for a total transaction of $11,776,500.00. Following the completion of the sale, the chief executive officer owned 75,398,225 shares in the company, 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 have sold 3,819,522 shares of company stock valued at $642,506,300. 4.17% of the stock is owned by company insiders.

NVIDIA Stock Performance

Shares of NVDA opened at $176.24 on Friday. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.21 and a quick ratio of 3.60. The stock has a market cap of $4.28 trillion, a price-to-earnings ratio of 50.21, a PEG ratio of 1.23 and a beta of 2.10. The company has a 50-day moving average of $175.50 and a two-hundred day moving average of $143.02. NVIDIA Corporation has a one year low of $86.62 and a one year high of $184.48.

NVIDIA (NASDAQ:NVDA) last posted 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 analysts’ expectations of $45.65 billion. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The firm’s quarterly revenue was up 55.6% compared to the same quarter last year. During the same period last year, the company posted $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. On average, equities research analysts expect that NVIDIA Corporation will post 2.77 earnings per share 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 $0.01 dividend. The ex-dividend date of this dividend is Thursday, September 11th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.0%. NVIDIA’s dividend payout ratio (DPR) is currently 1.14%.

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.