NVIDIA Corporation $NVDA Shares Acquired by Seneca House Advisors

Seneca House Advisors raised its position in shares of NVIDIA Corporation (NASDAQ:NVDAFree Report) by 71.4% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,864 shares of the computer hardware maker’s stock after buying an additional 1,609 shares during the quarter. Seneca House Advisors’ holdings in NVIDIA were worth $610,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in NVDA. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in NVIDIA by 2.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 206,794,926 shares of the computer hardware maker’s stock worth $22,412,434,000 after buying an additional 5,896,735 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of NVIDIA by 11.4% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 200,898,191 shares of the computer hardware maker’s stock worth $26,978,618,000 after acquiring an additional 20,494,402 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of NVIDIA by 123.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 187,995,213 shares of the computer hardware maker’s stock worth $20,374,921,000 after acquiring an additional 103,889,872 shares in the last quarter. Nuveen LLC bought a new stake in shares of NVIDIA during the 1st quarter worth $15,089,414,000. Finally, Amundi boosted its stake in shares of NVIDIA by 16.0% during the 1st quarter. Amundi now owns 135,770,043 shares of the computer hardware maker’s stock worth $13,826,199,000 after acquiring an additional 18,733,431 shares in the last quarter. 65.27% of the stock is currently owned by institutional investors and hedge funds.

NVIDIA Trading Up 3.9%

Shares of NASDAQ:NVDA opened at $183.61 on Tuesday. NVIDIA Corporation has a 52-week low of $86.62 and a 52-week high of $184.55. The company has a market cap of $4.46 trillion, a P/E ratio of 52.31, a P/E/G ratio of 1.28 and a beta of 2.10. The stock’s 50-day moving average is $176.12 and its 200-day moving average is $144.35. 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:NVDAGet Free Report) last released its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share for the quarter, topping analysts’ consensus estimates of $1.01 by $0.04. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The business had revenue of $46.74 billion for the quarter, compared to the consensus estimate of $45.65 billion. During the same period last year, the business earned $0.68 earnings per share. The firm’s revenue for the quarter was up 55.6% compared to the same quarter last year. 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 year.

NVIDIA Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 2nd. Investors of record on Thursday, September 11th will be given 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 yield of 0.0%. NVIDIA’s dividend payout ratio (DPR) is 1.14%.

Insider Buying and Selling at NVIDIA

In other NVIDIA news, CFO Colette Kress sold 30,500 shares of the firm’s stock in a transaction dated 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 owned 2,883,402 shares in the company, valued at $508,632,112.80. This trade represents a 1.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 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 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. This represents a 3.70% decrease in their position. The disclosure for this sale can be found here. Insiders sold 4,109,874 shares of company stock valued at $698,280,697 over the last quarter. Company insiders own 4.17% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Wall Street Zen raised NVIDIA from a “hold” rating to a “buy” rating in a research note on Friday, September 5th. Barclays reissued an “overweight” rating on shares of NVIDIA in a research note on Monday. Summit Insights raised NVIDIA from a “hold” rating to a “buy” rating in a research note on Thursday, May 29th. Robert W. Baird increased their target price on NVIDIA from $195.00 to $225.00 and gave the company an “outperform” rating in a report on Monday, August 25th. Finally, Piper Sandler set a $225.00 target price on NVIDIA and gave the company an “overweight” rating in a report on Wednesday, August 13th. 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 issued a Sell rating to the stock. According to data from MarketBeat, NVIDIA has an average rating of “Moderate Buy” and an average target price of $208.47.

View Our Latest Research Report on NVDA

NVIDIA Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for NVIDIA (NASDAQ:NVDA)

Receive News & Ratings for NVIDIA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NVIDIA and related companies with MarketBeat.com's FREE daily email newsletter.