NVIDIA Corporation $NVDA Stock Position Lowered by Hall Laurie J Trustee

Hall Laurie J Trustee lowered its stake in NVIDIA Corporation (NASDAQ:NVDA) by 1.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 87,801 shares of the computer hardware maker’s stock after selling 1,206 shares during the period. NVIDIA makes up approximately 4.6% of Hall Laurie J Trustee’s holdings, making the stock its 2nd largest holding. Hall Laurie J Trustee’s holdings in NVIDIA were worth $13,872,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of NVDA. Kingstone Capital Partners Texas LLC increased its holdings in shares of NVIDIA by 267,959.7% in the second quarter. Kingstone Capital Partners Texas LLC now owns 382,373,765 shares of the computer hardware maker’s stock worth $64,976,521,000 after buying an additional 382,231,120 shares during the period. Nuveen LLC purchased a new position in NVIDIA during the 1st quarter valued at about $15,089,414,000. Goldman Sachs Group Inc. increased its holdings in 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 valued at $20,374,921,000 after purchasing an additional 103,889,872 shares during the period. GAMMA Investing LLC increased its holdings in NVIDIA by 12,173.2% during the 1st quarter. GAMMA Investing LLC now owns 48,837,781 shares of the computer hardware maker’s stock valued at $5,293,039,000 after purchasing an additional 48,439,859 shares during the period. Finally, Assenagon Asset Management S.A. increased its holdings in NVIDIA by 204.6% during the 1st quarter. Assenagon Asset Management S.A. now owns 35,652,571 shares of the computer hardware maker’s stock valued at $3,864,026,000 after purchasing an additional 23,948,733 shares during the period. Hedge funds and other institutional investors own 65.27% of the company’s stock.

Wall Street Analyst Weigh In

NVDA has been the topic of a number of research analyst reports. TD Cowen boosted their price target on NVIDIA from $140.00 to $235.00 and gave the company a “buy” rating in a report on Tuesday, August 19th. Craig Hallum boosted their price target on NVIDIA from $195.00 to $245.00 and gave the company a “buy” rating in a report on Thursday, August 28th. Jefferies Financial Group restated a “buy” rating and set a $220.00 price target (up previously from $205.00) on shares of NVIDIA in a report on Monday, September 29th. Loop Capital boosted their price target on NVIDIA from $175.00 to $250.00 and gave the company a “buy” rating in a report on Wednesday, June 25th. Finally, Stifel Nicolaus boosted their price target on NVIDIA from $202.00 to $212.00 and gave the company a “buy” rating in a report on Monday, August 25th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-seven have given a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, NVIDIA currently has an average rating of “Moderate Buy” and an average target price of $211.00.

NVIDIA Stock Performance

NVDA stock opened at $187.62 on Friday. The stock has a market capitalization of $4.56 trillion, a PE ratio of 53.45, a price-to-earnings-growth ratio of 1.37 and a beta of 2.12. NVIDIA Corporation has a 12-month low of $86.62 and a 12-month high of $191.05. 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 stock’s 50 day simple moving average is $178.11 and its 200 day simple moving average is $148.15.

NVIDIA (NASDAQ:NVDA) last released its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.01 by $0.04. The business 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 firm’s quarterly revenue was up 55.6% on a year-over-year basis. During the same period in the prior year, the firm posted $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. As a group, research analysts forecast that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, October 2nd. Shareholders of record on Thursday, September 11th were paid a dividend of $0.01 per share. The ex-dividend date was Thursday, September 11th. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. NVIDIA’s payout ratio is currently 1.14%.

Insider Activity at NVIDIA

In other NVIDIA 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 sale, the chief financial officer directly owned 2,883,402 shares in the company, valued at approximately $508,632,112.80. The trade was a 1.05% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Persis Drell sold 40,000 shares of the business’s stock in a transaction on Friday, September 19th. The shares were sold at an average price of $177.65, for a total transaction of $7,106,000.00. Following the sale, the director owned 138,740 shares of the company’s stock, valued at approximately $24,647,161. This represents a 22.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 4,097,407 shares of company stock valued at $714,378,504 in the last quarter. 4.17% of the stock is currently owned by corporate insiders.

About NVIDIA

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.