Quintet Private Bank Europe S.A. Has $228.33 Million Position in NVIDIA Corporation $NVDA

Quintet Private Bank Europe S.A. trimmed its holdings in NVIDIA Corporation (NASDAQ:NVDA) by 8.3% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,445,244 shares of the computer hardware maker’s stock after selling 129,957 shares during the quarter. NVIDIA comprises 13.2% of Quintet Private Bank Europe S.A.’s portfolio, making the stock its 2nd biggest holding. Quintet Private Bank Europe S.A.’s holdings in NVIDIA were worth $228,334,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in NVDA. Astoria Portfolio Advisors LLC. boosted its position in NVIDIA by 0.9% during the 1st quarter. Astoria Portfolio Advisors LLC. now owns 93,568 shares of the computer hardware maker’s stock worth $9,610,000 after acquiring an additional 864 shares during the last quarter. Centerpoint Advisory Group increased its position in NVIDIA by 2.5% during the 1st quarter. Centerpoint Advisory Group now owns 39,398 shares of the computer hardware maker’s stock worth $4,270,000 after buying an additional 943 shares during the period. GSB Wealth Management LLC increased its position in NVIDIA by 3.3% during the 1st quarter. GSB Wealth Management LLC now owns 32,611 shares of the computer hardware maker’s stock worth $3,534,000 after buying an additional 1,043 shares during the period. Variant Private Wealth LLC increased its position in shares of NVIDIA by 20.6% in the first quarter. Variant Private Wealth LLC now owns 18,800 shares of the computer hardware maker’s stock worth $2,038,000 after purchasing an additional 3,206 shares during the period. Finally, Financial Perspectives Inc increased its position in shares of NVIDIA by 2.8% in the first quarter. Financial Perspectives Inc now owns 45,958 shares of the computer hardware maker’s stock worth $4,981,000 after purchasing an additional 1,265 shares during the period. 65.27% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on NVDA. Daiwa Capital Markets lifted their target price on NVIDIA from $165.00 to $205.00 and gave the company an “outperform” rating in a research report on Wednesday. UBS Group lifted their target price on NVIDIA from $175.00 to $205.00 and gave the company a “buy” rating in a research report on Thursday, August 21st. JPMorgan Chase & Co. reiterated a “buy” rating and issued a $215.00 target price on shares of NVIDIA in a research report on Friday. The Goldman Sachs Group restated a “buy” rating and set a $200.00 price target on shares of NVIDIA in a report on Wednesday, August 27th. Finally, Rosenblatt Securities boosted their price target on NVIDIA from $200.00 to $215.00 and gave the stock a “buy” rating in a report on Thursday, August 28th. Four research 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 given a Sell rating to the stock. Based on data from MarketBeat, NVIDIA has an average rating of “Moderate Buy” and a consensus price target of $208.47.

NVIDIA Trading Up 0.2%

NASDAQ NVDA opened at $176.67 on Friday. The firm has a market capitalization of $4.29 trillion, a P/E ratio of 50.33, a PEG ratio of 1.27 and a beta of 2.10. The company has a current ratio of 4.21, a quick ratio of 3.60 and a debt-to-equity ratio of 0.08. The business has a fifty day simple moving average of $175.73 and a 200 day simple moving average of $143.44. NVIDIA Corporation has a 12 month low of $86.62 and a 12 month high of $184.48.

NVIDIA (NASDAQ:NVDA) last announced its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) 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 return on equity of 101.74% and a net margin of 52.41%.The business’s revenue for the quarter was up 55.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. On average, analysts predict that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Dividend Announcement

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 paid 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 presently 1.14%.

Insider Buying and Selling

In related news, Director Mark A. Stevens sold 297,797 shares of the stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $178.19, for a total transaction of $53,064,447.43. Following the sale, the director owned 7,749,803 shares of the company’s stock, valued at approximately $1,380,937,396.57. This represents a 3.70% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Stephen C. Neal sold 28,000 shares of the stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $177.58, for a total value of $4,972,240.00. Following the sale, the director directly owned 143,410 shares in the company, valued at $25,466,747.80. This trade represents a 16.34% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 4,020,022 shares of company stock worth $677,418,500. Company 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.