NVIDIA Corporation $NVDA is Everest Management Corp.’s 10th Largest Position

Everest Management Corp. grew its stake in NVIDIA Corporation (NASDAQ:NVDA) by 7.2% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 19,022 shares of the computer hardware maker’s stock after buying an additional 1,275 shares during the period. NVIDIA accounts for 2.2% of Everest Management Corp.’s investment portfolio, making the stock its 10th largest holding. Everest Management Corp.’s holdings in NVIDIA were worth $3,005,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of NVDA. Kingstone Capital Partners Texas LLC lifted its holdings in shares of 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. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position 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 worth $22,412,434,000 after buying an additional 5,896,735 shares during the period. Goldman Sachs Group Inc. lifted its stake in NVIDIA by 123.5% in 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 last quarter. Nuveen LLC acquired a new stake in shares of NVIDIA in the first quarter valued at approximately $15,089,414,000. Finally, Amundi boosted its holdings 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 acquiring an additional 18,733,431 shares during the period. 65.27% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts recently commented on NVDA shares. The Goldman Sachs Group reiterated a “buy” rating and issued a $240.00 price target (up previously from $210.00) on shares of NVIDIA in a research report on Friday, October 31st. Benchmark lifted their price objective on shares of NVIDIA from $220.00 to $250.00 and gave the company a “buy” rating in a research note on Thursday, November 20th. Oppenheimer reiterated an “outperform” rating and set a $265.00 target price on shares of NVIDIA in a research note on Thursday, November 20th. Wall Street Zen upgraded NVIDIA from a “hold” rating to a “buy” rating in a research report on Sunday, October 19th. Finally, Raymond James Financial set a $272.00 price objective on NVIDIA and gave the company a “strong-buy” rating in a research note on Thursday, November 20th. Five equities research analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, NVIDIA currently has an average rating of “Buy” and an average target price of $258.30.

NVIDIA Price Performance

Shares of NASDAQ:NVDA opened at $176.67 on Friday. 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 cap of $4.29 trillion, a P/E ratio of 50.33, a PEG ratio of 1.49 and a beta of 2.11. NVIDIA Corporation has a 52 week low of $86.62 and a 52 week high of $212.19. The company has a 50-day moving average price of $186.90 and a 200 day moving average price of $170.18.

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

NVIDIA Announces Dividend

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

Insiders Place Their Bets

In other news, Director John Dabiri sold 626 shares of the company’s stock in a transaction on Monday, November 24th. The shares were sold at an average price of $179.42, for a total transaction of $112,316.92. Following the transaction, the director directly owned 17,792 shares of the company’s stock, valued at $3,192,240.64. This represents a 3.40% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Jen Hsun Huang sold 25,000 shares of the firm’s stock in a transaction dated 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 completion of the sale, the chief executive officer 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 position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 3,177,203 shares of company stock worth $570,171,004. Corporate insiders own 4.17% of the company’s stock.

NVIDIA Company 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.