Czech National Bank Purchases 335,692 Shares of NVIDIA Corporation $NVDA

Czech National Bank lifted its stake in NVIDIA Corporation (NASDAQ:NVDA) by 6.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,961,185 shares of the computer hardware maker’s stock after buying an additional 335,692 shares during the period. NVIDIA makes up 7.3% of Czech National Bank’s investment portfolio, making the stock its largest holding. Czech National Bank’s holdings in NVIDIA were worth $941,808,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in the company. Brighton Jones LLC raised its position 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 acquiring an additional 35,815 shares during the last quarter. Bank Pictet & Cie Europe AG raised its position 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 acquiring an additional 22,929 shares during the last quarter. Highview Capital Management LLC DE raised its position 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 acquiring an additional 3,653 shares during the last quarter. Hudson Value Partners LLC raised its position 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 acquiring an additional 11,900 shares during the last quarter. Finally, Summit Investment Advisors Inc. grew its holdings in shares of 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 in the last quarter. Institutional investors and hedge funds own 65.27% of the company’s stock.

NVIDIA Trading Up 0.2%

Shares of NVIDIA stock opened at $176.67 on Friday. NVIDIA Corporation has a 12-month low of $86.62 and a 12-month high of $184.48. The business’s 50 day moving average is $175.73 and its 200-day moving average is $143.62. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08. The stock has a market cap of $4.29 trillion, a P/E ratio of 50.33, a P/E/G ratio of 1.28 and a beta of 2.10.

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

NVIDIA Announces Dividend

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

Insider Buying and Selling at NVIDIA

In other news, EVP Ajay K. Puri sold 168,195 shares of the firm’s stock in a transaction dated Wednesday, June 25th. The stock was 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 directly owned 4,018,547 shares in the company, valued at $613,391,014.08. This trade represents a 4.02% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Mark A. Stevens sold 297,797 shares of the firm’s stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $178.19, for a total value of $53,064,447.43. Following the transaction, the director owned 7,749,803 shares of the company’s stock, valued at $1,380,937,396.57. This trade represents a 3.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 4,020,022 shares of company stock worth $677,418,500. 4.17% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on NVDA shares. Robert W. Baird lifted their price target on shares of NVIDIA from $195.00 to $225.00 and gave the stock an “outperform” rating in a report on Monday, August 25th. Wedbush reiterated an “outperform” rating and set a $210.00 price objective on shares of NVIDIA in a research note on Thursday, August 28th. Cantor Fitzgerald reissued an “overweight” rating and set a $240.00 target price on shares of NVIDIA in a research report on Thursday, August 28th. Piper Sandler set a $225.00 price target on shares of NVIDIA and gave the company an “overweight” rating in a report on Wednesday, August 13th. Finally, DA Davidson raised shares of NVIDIA from a “neutral” rating to a “buy” rating and upped their price target for the company from $195.00 to $210.00 in a report on Thursday, September 11th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-six have given a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $208.47.

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.