NVIDIA Corporation $NVDA is Alpine Woods Capital Investors LLC’s 9th Largest Position

Alpine Woods Capital Investors LLC increased its position in NVIDIA Corporation (NASDAQ:NVDA) by 0.8% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 52,456 shares of the computer hardware maker’s stock after acquiring an additional 442 shares during the period. NVIDIA comprises approximately 2.0% of Alpine Woods Capital Investors LLC’s holdings, making the stock its 9th largest position. Alpine Woods Capital Investors LLC’s holdings in NVIDIA were worth $8,288,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in NVDA. Kingstone Capital Partners Texas LLC grew its position in NVIDIA by 267,959.7% in the 2nd 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 purchasing an additional 382,231,120 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in NVIDIA by 2.9% in 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 worth $22,412,434,000 after purchasing an additional 5,896,735 shares during the period. Goldman Sachs Group Inc. grew its position in NVIDIA by 123.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 187,995,213 shares of the computer hardware maker’s stock worth $20,374,921,000 after purchasing an additional 103,889,872 shares during the period. Nuveen LLC bought a new stake in NVIDIA in the 1st quarter worth approximately $15,089,414,000. Finally, Amundi grew its position in NVIDIA by 16.0% in the 1st quarter. Amundi now owns 135,770,043 shares of the computer hardware maker’s stock worth $13,826,199,000 after purchasing an additional 18,733,431 shares during the period. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

NVIDIA Stock Down 1.8%

Shares of NASDAQ NVDA opened at $195.21 on Thursday. The firm’s 50-day moving average price is $182.99 and its 200-day moving average price is $161.72. 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 has a market capitalization of $4.74 trillion, a price-to-earnings ratio of 55.62, a P/E/G ratio of 1.49 and a beta of 2.12. NVIDIA Corporation has a 12-month low of $86.62 and a 12-month high of $212.19.

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

NVIDIA Announces Dividend

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

Insider Transactions at NVIDIA

In related news, CEO Jen Hsun Huang sold 25,000 shares of NVIDIA stock in a transaction that occurred on Wednesday, October 29th. The shares were sold at an average price of $207.91, for a total transaction of $5,197,750.00. Following the transaction, the chief executive officer directly owned 69,733,203 shares of the company’s stock, valued at $14,498,230,235.73. This trade represents a 0.04% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CFO Colette Kress sold 27,640 shares of NVIDIA stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $208.33, for a total transaction of $5,758,241.20. Following the transaction, the chief financial officer directly owned 2,828,122 shares in the company, valued at approximately $589,182,656.26. The trade was a 0.97% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 3,551,577 shares of company stock valued at $637,612,687. 4.17% of the stock is owned by insiders.

Analysts Set New Price Targets

NVDA has been the subject of a number of research analyst reports. Barclays reaffirmed an “overweight” rating and issued a $240.00 target price (up previously from $200.00) on shares of NVIDIA in a research report on Monday, September 22nd. Wedbush reissued an “outperform” rating and set a $210.00 price objective on shares of NVIDIA in a research report on Thursday, August 28th. Jefferies Financial Group boosted their price objective on shares of NVIDIA from $220.00 to $240.00 and gave the company a “buy” rating in a research report on Tuesday. Craig Hallum boosted their price objective on shares of NVIDIA from $195.00 to $245.00 and gave the company a “buy” rating in a research report on Thursday, August 28th. Finally, Stifel Nicolaus boosted their price objective on shares of NVIDIA from $202.00 to $212.00 and gave the company a “buy” rating in a research report on Monday, August 25th. Five research analysts have rated the stock with a Strong Buy rating, forty-one have issued a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, NVIDIA currently has an average rating of “Buy” and an average price target of $233.75.

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.