NVIDIA Corporation $NVDA is Bessemer Group Inc.’s 2nd Largest Position

Bessemer Group Inc. boosted its stake in NVIDIA Corporation (NASDAQ:NVDA) by 0.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,110,948 shares of the computer hardware maker’s stock after buying an additional 193,503 shares during the quarter. NVIDIA makes up approximately 5.7% of Bessemer Group Inc.’s portfolio, making the stock its 2nd largest holding. Bessemer Group Inc. owned approximately 0.09% of NVIDIA worth $3,493,307,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of NVDA. Kingstone Capital Partners Texas LLC raised its stake 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 valued at $64,976,521,000 after purchasing an additional 382,231,120 shares during the last quarter. Nuveen LLC purchased a new stake in shares of NVIDIA during the first quarter worth $15,089,414,000. Goldman Sachs Group Inc. grew its holdings in shares of 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 worth $20,374,921,000 after buying an additional 103,889,872 shares in the last quarter. Amundi raised its position in shares of NVIDIA by 16.0% in 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 last quarter. Finally, Strs Ohio purchased a new position in shares of NVIDIA in the first quarter worth about $1,163,288,000. 65.27% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, CEO Jen Hsun Huang sold 25,000 shares of the business’s stock in a transaction that occurred on Wednesday, October 29th. The stock was sold at an average price of $207.91, for a total transaction of $5,197,750.00. Following the completion of the sale, the chief executive officer owned 69,733,203 shares in the company, valued at $14,498,230,235.73. The trade was a 0.04% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Colette Kress sold 27,640 shares of the company’s stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $208.33, for a total value of $5,758,241.20. Following the completion of the transaction, the chief financial officer directly owned 2,828,122 shares of the company’s stock, valued at $589,182,656.26. This trade represents a 0.97% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 3,251,577 shares of company stock worth $583,143,187 in the last three months. Corporate insiders own 4.17% of the company’s stock.

NVIDIA Trading Down 1.0%

Shares of NASDAQ:NVDA opened at $178.88 on Friday. NVIDIA Corporation has a 52 week low of $86.62 and a 52 week high of $212.19. The company’s 50 day moving average is $186.46 and its two-hundred day moving average is $168.41. The company has a market cap of $4.35 trillion, a PE ratio of 50.96, a P/E/G ratio of 1.49 and a beta of 2.11. The company has a current ratio of 4.21, a quick ratio of 3.60 and a debt-to-equity ratio of 0.08.

NVIDIA (NASDAQ:NVDA) last issued its earnings results on Wednesday, November 19th. The computer hardware maker reported $1.30 EPS for the quarter, topping analysts’ consensus estimates of $1.23 by $0.07. The firm had revenue of $57.01 billion during the quarter, compared to the consensus estimate of $54.66 billion. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The company’s revenue was up 62.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.81 earnings per share. NVIDIA has set its Q4 2026 guidance at EPS. Equities analysts predict that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 26th. Stockholders of record on Thursday, December 4th will be issued a $0.01 dividend. The ex-dividend date is Thursday, December 4th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.0%. NVIDIA’s dividend payout ratio is presently 0.99%.

Analyst Upgrades and Downgrades

A number of research firms have commented on NVDA. HSBC set a $320.00 price objective on shares of NVIDIA and gave the company a “buy” rating in a report on Wednesday, October 15th. Wells Fargo & Company restated an “overweight” rating and issued a $265.00 price target (up from $220.00) on shares of NVIDIA in a research report on Friday, November 14th. President Capital lifted their price objective on NVIDIA from $210.00 to $240.00 and gave the stock a “buy” rating in a research report on Thursday, October 30th. Daiwa Capital Markets upped their target price on NVIDIA from $165.00 to $205.00 and gave the company an “outperform” rating in a report on Wednesday, September 17th. Finally, BNP Paribas Exane raised their target price on NVIDIA from $240.00 to $250.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 18th. Four equities research analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, NVIDIA has a consensus rating of “Buy” and an average price target of $257.79.

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.