NVIDIA Corporation $NVDA is Jackson Square Capital LLC’s Largest Position

Jackson Square Capital LLC grew its stake in shares of NVIDIA Corporation (NASDAQ:NVDA) by 25.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 196,817 shares of the computer hardware maker’s stock after purchasing an additional 40,331 shares during the period. NVIDIA comprises about 6.9% of Jackson Square Capital LLC’s holdings, making the stock its biggest holding. Jackson Square Capital LLC’s holdings in NVIDIA were worth $31,095,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the business. Kathleen S. Wright Associates Inc. increased its position in NVIDIA by 169.3% in the 1st quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker’s stock worth $44,000 after purchasing an additional 254 shares during the last quarter. Copia Wealth Management bought a new stake in shares of NVIDIA in the 4th quarter worth approximately $50,000. Barnes Dennig Private Wealth Management LLC bought a new stake in shares of NVIDIA in the 1st quarter worth approximately $51,000. Bruce G. Allen Investments LLC lifted its position in shares of NVIDIA by 198.2% in the 1st quarter. Bruce G. Allen Investments LLC now owns 492 shares of the computer hardware maker’s stock worth $53,000 after acquiring an additional 327 shares during the period. Finally, Campbell Capital Management Inc. lifted its position in shares of NVIDIA by 5,900.0% during the 1st quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker’s stock worth $65,000 after buying an additional 590 shares during the period. 65.27% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

NVDA has been the subject of a number of recent analyst reports. Rosenblatt Securities reaffirmed a “buy” rating and set a $215.00 price target on shares of NVIDIA in a report on Tuesday. The Goldman Sachs Group reaffirmed a “buy” rating and set a $200.00 price objective on shares of NVIDIA in a research note on Wednesday, August 27th. JPMorgan Chase & Co. reissued a “buy” rating and issued a $215.00 target price on shares of NVIDIA in a research note on Friday, September 19th. Morgan Stanley lifted their target price on NVIDIA from $206.00 to $210.00 and gave the company an “overweight” rating in a research report on Thursday, August 28th. Finally, TD Cowen increased their price target on NVIDIA from $140.00 to $235.00 and gave the company a “buy” rating in a research report on Tuesday, August 19th. Four equities 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 assigned a Sell rating to the company’s stock. According to MarketBeat, NVIDIA presently has a consensus rating of “Moderate Buy” and a consensus price target of $208.76.

Insider Buying and Selling at NVIDIA

In related news, CFO Colette Kress sold 30,500 shares of the firm’s stock in a transaction on Friday, September 19th. The stock was sold at an average price of $176.40, for a total transaction of $5,380,200.00. Following the sale, the chief financial officer owned 2,883,402 shares of the company’s stock, valued at $508,632,112.80. This trade represents a 1.05% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Mark A. Stevens sold 350,000 shares of the firm’s stock in a transaction on Friday, September 19th. The shares were sold at an average price of $176.39, for a total value of $61,736,500.00. Following the sale, the director directly owned 7,399,803 shares in the company, valued at approximately $1,305,251,251.17. This trade represents a 4.52% decrease in their position. The disclosure for this sale can be found here. Insiders sold 4,302,450 shares of company stock worth $740,755,443 over the last quarter. 4.17% of the stock is currently owned by company insiders.

NVIDIA Price Performance

NVIDIA stock opened at $176.97 on Thursday. The stock’s fifty day moving average price is $176.39 and its two-hundred day moving average price is $144.81. NVIDIA Corporation has a one year low of $86.62 and a one year high of $184.55. 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 firm has a market cap of $4.30 trillion, a PE ratio of 50.42, a price-to-earnings-growth ratio of 1.29 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 EPS 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 firm had revenue of $46.74 billion for the quarter, compared to analyst estimates of $45.65 billion. During the same quarter last year, the company earned $0.68 EPS. The company’s revenue was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. As a group, research analysts expect that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Dividend Announcement

The firm also recently disclosed 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. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. The ex-dividend date is Thursday, September 11th. NVIDIA’s dividend payout ratio 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.