Lynx Investment Advisory lifted its holdings in NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 1.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 11,708 shares of the computer hardware maker’s stock after acquiring an additional 142 shares during the period. NVIDIA accounts for approximately 1.2% of Lynx Investment Advisory’s holdings, making the stock its 23rd biggest holding. Lynx Investment Advisory’s holdings in NVIDIA were worth $1,850,000 as of its most recent SEC filing.
A number of other institutional investors have also recently made changes to their positions in the business. Kingstone Capital Partners Texas LLC increased its position in shares of NVIDIA by 267,959.7% during 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 acquiring an additional 382,231,120 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in NVIDIA by 2.9% during the first 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 valued at $22,412,434,000 after buying an additional 5,896,735 shares during the period. Goldman Sachs Group Inc. increased its holdings in NVIDIA by 123.5% during the first 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 buying an additional 103,889,872 shares during the period. Nuveen LLC purchased a new position in NVIDIA during the first quarter valued at approximately $15,089,414,000. Finally, Amundi increased its holdings in NVIDIA by 16.0% during the first quarter. Amundi now owns 135,770,043 shares of the computer hardware maker’s stock valued at $13,826,199,000 after buying an additional 18,733,431 shares during the period. Institutional investors own 65.27% of the company’s stock.
Analysts Set New Price Targets
NVDA has been the subject of several recent analyst reports. Benchmark raised their target price on shares of NVIDIA from $190.00 to $220.00 and gave the company a “buy” rating in a research note on Thursday, August 28th. Wall Street Zen downgraded shares of NVIDIA from a “buy” rating to a “hold” rating in a research note on Saturday, October 11th. Evercore ISI boosted their target price on shares of NVIDIA from $214.00 to $225.00 and gave the company an “outperform” rating in a research report on Tuesday, September 23rd. Jefferies Financial Group reaffirmed a “buy” rating and issued a $220.00 price objective (up previously from $205.00) on shares of NVIDIA in a report on Monday, September 29th. Finally, Truist Financial lifted their price objective on shares of NVIDIA from $210.00 to $228.00 and gave the company a “buy” rating in a report on Thursday, August 28th. Five analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, NVIDIA currently has an average rating of “Buy” and a consensus price target of $222.23.
NVIDIA Stock Performance
NVDA opened at $181.81 on Friday. 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 firm has a market capitalization of $4.42 trillion, a PE ratio of 51.80, a PEG ratio of 1.30 and a beta of 2.12. The firm’s 50-day moving average price is $179.39 and its 200 day moving average price is $152.47. NVIDIA Corporation has a twelve month low of $86.62 and a twelve month high of $195.62.
NVIDIA (NASDAQ:NVDA – Get Free Report) last posted its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.04. The company had revenue of $46.74 billion for the quarter, compared to analyst estimates of $45.65 billion. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. NVIDIA’s revenue was up 55.6% on a year-over-year basis. During the same period in the previous year, the business posted $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. As a group, sell-side analysts expect that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.
NVIDIA Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th were issued a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. The ex-dividend date was Thursday, September 11th. NVIDIA’s dividend payout ratio is currently 1.14%.
Insider Transactions at NVIDIA
In related news, Director Harvey C. Jones sold 250,000 shares of the stock in a transaction on Thursday, September 18th. The shares were sold at an average price of $176.21, for a total value of $44,052,500.00. Following the transaction, the director directly owned 7,183,280 shares of the company’s stock, valued at $1,265,765,768.80. This trade represents a 3.36% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Jen Hsun Huang sold 75,000 shares of the stock in a transaction on Monday, August 4th. The stock was sold at an average price of $178.16, for a total transaction of $13,362,000.00. Following the sale, the chief executive officer owned 73,523,225 shares of the company’s stock, valued at approximately $13,098,897,766. This represents a 0.10% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 3,753,937 shares of company stock worth $667,769,026. 4.17% of the stock is currently owned by insiders.
NVIDIA 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.
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