NVIDIA Corporation $NVDA is Perennial Advisors LLC’s 4th Largest Position

Perennial Advisors LLC decreased its position in NVIDIA Corporation (NASDAQ:NVDAFree Report) by 1.7% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 139,211 shares of the computer hardware maker’s stock after selling 2,396 shares during the quarter. NVIDIA makes up 4.1% of Perennial Advisors LLC’s portfolio, making the stock its 4th biggest holding. Perennial Advisors LLC’s holdings in NVIDIA were worth $21,994,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Brighton Jones LLC boosted its holdings in NVIDIA by 12.4% in the 4th quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker’s stock worth $43,631,000 after buying an additional 35,815 shares during the period. Bank Pictet & Cie Europe AG grew its holdings in NVIDIA by 1.0% during the 4th quarter. Bank Pictet & Cie Europe AG now owns 2,346,417 shares of the computer hardware maker’s stock valued at $315,100,000 after buying an additional 22,929 shares in the last quarter. Highview Capital Management LLC DE grew its holdings in shares of NVIDIA by 6.7% in the fourth quarter. Highview Capital Management LLC DE now owns 58,396 shares of the computer hardware maker’s stock valued at $7,842,000 after purchasing an additional 3,653 shares in the last quarter. Hudson Value Partners LLC increased its holdings in shares of NVIDIA by 30.7% in the 4th quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker’s stock worth $6,805,000 after buying an additional 11,900 shares during the last quarter. Finally, Northstar Financial Companies Inc. bought a new stake in NVIDIA during the fourth quarter worth approximately $565,000. Hedge funds and other institutional investors own 65.27% of the company’s stock.

NVIDIA Stock Down 0.7%

Shares of NVDA opened at $187.62 on Monday. The stock has a market capitalization of $4.56 trillion, a PE ratio of 53.45, a P/E/G ratio of 1.36 and a beta of 2.12. NVIDIA Corporation has a 1 year low of $86.62 and a 1 year high of $191.05. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.60 and a current ratio of 4.21. The company’s 50-day simple moving average is $178.11 and its 200-day simple moving average is $148.57.

NVIDIA (NASDAQ:NVDAGet Free Report) 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 the consensus estimate of $1.01 by $0.04. The business had revenue of $46.74 billion during 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 business’s quarterly revenue was up 55.6% compared to the same quarter last year. During the same quarter last year, the business posted $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. Analysts forecast that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 2nd. Investors of record on Thursday, September 11th were given a $0.01 dividend. The ex-dividend date was Thursday, September 11th. This represents a $0.04 annualized dividend and a yield of 0.0%. NVIDIA’s dividend payout ratio is 1.14%.

Insider Buying and Selling at NVIDIA

In related news, Director Persis Drell sold 40,000 shares of the company’s stock in a transaction on Friday, September 19th. The stock was sold at an average price of $177.65, for a total transaction of $7,106,000.00. Following the transaction, the director owned 138,740 shares of the company’s stock, valued at $24,647,161. This represents a 22.38% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Jen Hsun Huang sold 75,000 shares of the stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $186.61, for a total transaction of $13,995,750.00. Following the completion of the transaction, the chief executive officer directly owned 71,083,203 shares of the company’s stock, valued at approximately $13,264,836,511.83. This trade represents a 0.11% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 3,971,893 shares of company stock worth $694,502,352 over the last three months. 4.17% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on NVDA shares. Cantor Fitzgerald reissued an “overweight” rating and issued a $240.00 price objective on shares of NVIDIA in a research report on Friday. KeyCorp restated an “overweight” rating and issued a $250.00 price objective (up from $230.00) on shares of NVIDIA in a report on Tuesday, September 30th. TD Cowen increased their target price on NVIDIA from $140.00 to $235.00 and gave the company a “buy” rating in a research report on Tuesday, August 19th. Wells Fargo & Company raised their price target on shares of NVIDIA from $185.00 to $220.00 and gave the company an “overweight” rating in a report on Monday, August 11th. Finally, Piper Sandler set a $225.00 price objective on NVIDIA and gave the stock an “overweight” rating in a research report on Wednesday, August 13th. Four research analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $211.00.

Read Our Latest Report on NVIDIA

NVIDIA Company 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

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Institutional Ownership by Quarter for NVIDIA (NASDAQ:NVDA)

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