E. Ohman J or Asset Management AB Has $308.36 Million Holdings in NVIDIA Corporation $NVDA

E. Ohman J or Asset Management AB lowered its position in NVIDIA Corporation (NASDAQ:NVDA) by 1.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,951,771 shares of the computer hardware maker’s stock after selling 37,707 shares during the period. NVIDIA makes up approximately 7.7% of E. Ohman J or Asset Management AB’s investment portfolio, making the stock its 2nd biggest holding. E. Ohman J or Asset Management AB’s holdings in NVIDIA were worth $308,360,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in NVDA. Kathleen S. Wright Associates Inc. raised its stake in shares of NVIDIA by 169.3% during the first quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker’s stock valued at $44,000 after acquiring an additional 254 shares in the last quarter. Copia Wealth Management bought a new stake in shares of NVIDIA during the fourth quarter valued at approximately $50,000. Barnes Dennig Private Wealth Management LLC bought a new stake in shares of NVIDIA during the first quarter valued at approximately $51,000. Bruce G. Allen Investments LLC raised its stake in shares of NVIDIA by 198.2% during the first quarter. Bruce G. Allen Investments LLC now owns 492 shares of the computer hardware maker’s stock valued at $53,000 after acquiring an additional 327 shares in the last quarter. Finally, Campbell Capital Management Inc. raised its stake in shares of NVIDIA by 5,900.0% during the first quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker’s stock valued at $65,000 after acquiring an additional 590 shares in the last quarter. Institutional investors own 65.27% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the stock. UBS Group lifted their price objective on shares of NVIDIA from $175.00 to $205.00 and gave the company a “buy” rating in a report on Thursday, August 21st. Morgan Stanley lifted their price objective on shares of NVIDIA from $206.00 to $210.00 and gave the company an “overweight” rating in a report on Thursday, August 28th. Craig Hallum lifted their price objective on shares of NVIDIA from $195.00 to $245.00 and gave the company a “buy” rating in a report on Thursday, August 28th. Mizuho lifted their price objective on shares of NVIDIA from $192.00 to $205.00 and gave the company an “outperform” rating in a report on Thursday, August 14th. Finally, Evercore ISI lifted their price objective on shares of NVIDIA from $190.00 to $214.00 and gave the company an “outperform” rating in a report on Friday, August 22nd. Four analysts have rated the stock with a Strong Buy rating, thirty-six have assigned a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $208.47.

Insider Activity at NVIDIA

In related news, CFO Colette Kress sold 30,500 shares of the business’s stock in a transaction on Friday, September 19th. The shares were sold at an average price of $176.40, for a total transaction of $5,380,200.00. Following the completion of the transaction, the chief financial officer directly owned 2,883,402 shares in the company, valued at $508,632,112.80. The trade was a 1.05% decrease in their ownership of the stock. The transaction 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 business’s stock in a transaction on Friday, September 19th. The shares were sold at an average price of $176.42, for a total transaction of $13,231,500.00. Following the transaction, the chief executive officer owned 71,683,203 shares of the company’s stock, valued at $12,646,350,673.26. This represents a 0.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 4,020,022 shares of company stock valued at $677,418,500 over the last three months. 4.17% of the stock is owned by corporate insiders.

NVIDIA Price Performance

Shares of NVDA opened at $176.67 on Friday. The firm has a market capitalization of $4.29 trillion, a PE ratio of 50.33, a price-to-earnings-growth ratio of 1.27 and a beta of 2.10. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.21 and a quick ratio of 3.60. 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 price is $175.73 and its 200-day moving average price is $143.44.

NVIDIA (NASDAQ:NVDA) last announced its quarterly earnings data 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 for 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 business’s quarterly revenue was up 55.6% compared to the same quarter last year. During the same period in the previous year, the company earned $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. On average, equities research analysts predict that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 2nd. Stockholders 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 dividend on an annualized basis and a dividend yield of 0.0%. NVIDIA’s payout ratio is 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.