Narwhal Capital Management Has $78.97 Million Stake in NVIDIA Corporation $NVDA

Narwhal Capital Management lessened its stake in shares of NVIDIA Corporation (NASDAQ:NVDA) by 2.3% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 499,817 shares of the computer hardware maker’s stock after selling 11,522 shares during the period. NVIDIA makes up about 6.3% of Narwhal Capital Management’s investment portfolio, making the stock its 2nd largest holding. Narwhal Capital Management’s holdings in NVIDIA were worth $78,966,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Kingstone Capital Partners Texas LLC increased its position in NVIDIA by 267,959.7% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 382,373,765 shares of the computer hardware maker’s stock valued at $64,976,521,000 after buying an additional 382,231,120 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in NVIDIA by 2.9% during 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 valued at $22,412,434,000 after buying an additional 5,896,735 shares in the last quarter. Goldman Sachs Group Inc. increased its position 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 buying an additional 103,889,872 shares in the last quarter. Nuveen LLC bought a new position in NVIDIA during the 1st quarter valued at approximately $15,089,414,000. Finally, Amundi increased its position in NVIDIA by 16.0% during the 1st 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 in the last quarter. Institutional investors own 65.27% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on NVDA shares. Oppenheimer reaffirmed an “outperform” rating and set a $225.00 price objective (up previously from $200.00) on shares of NVIDIA in a research report on Thursday, August 28th. Needham & Company LLC reiterated a “buy” rating and set a $200.00 target price on shares of NVIDIA in a research note on Thursday, August 28th. DA Davidson upgraded NVIDIA from a “neutral” rating to a “buy” rating and increased their target price for the company from $195.00 to $210.00 in a research note on Thursday, September 11th. BNP Paribas upgraded NVIDIA to a “hold” rating in a research note on Friday, August 1st. Finally, Jefferies Financial Group reiterated a “buy” rating and set a $220.00 target price (up from $205.00) on shares of NVIDIA in a research note on Monday, September 29th. Five research analysts have rated the stock with a Strong Buy rating, forty have given a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $222.23.

Insider Buying and Selling at NVIDIA

In other news, CEO Jen Hsun Huang sold 25,000 shares of the firm’s stock in a transaction on Monday, October 27th. The shares were sold at an average price of $190.73, for a total transaction of $4,768,250.00. Following the sale, the chief executive officer directly owned 69,783,203 shares in the company, valued at $13,309,750,308.19. This trade represents a 0.04% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Colette Kress sold 27,640 shares of the firm’s stock in a transaction on Tuesday, October 21st. The shares were sold at an average price of $181.42, for a total transaction of $5,014,448.80. Following the sale, the chief financial officer owned 2,855,762 shares in the company, valued at $518,092,342.04. The trade was a 0.96% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 3,751,577 shares of company stock worth $670,766,375 over the last 90 days. Insiders own 4.17% of the company’s stock.

NVIDIA Stock Up 5.0%

NASDAQ NVDA opened at $201.03 on Wednesday. NVIDIA Corporation has a 52 week low of $86.62 and a 52 week high of $203.15. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08. The company has a market capitalization of $4.89 trillion, a P/E ratio of 57.27, a price-to-earnings-growth ratio of 1.38 and a beta of 2.12. The stock’s 50-day moving average price is $180.16 and its 200-day moving average price is $157.72.

NVIDIA (NASDAQ:NVDA) last released its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.04. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The company had revenue of $46.74 billion during the quarter, compared to analyst estimates of $45.65 billion. During the same period in the prior year, the firm posted $0.68 EPS. The firm’s quarterly revenue was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. On average, equities research analysts predict that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th were 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 was Thursday, September 11th. NVIDIA’s dividend payout ratio (DPR) is presently 1.14%.

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.