Westwood Holdings Group Inc. increased its position in shares of NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 36.1% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 375,658 shares of the computer hardware maker’s stock after acquiring an additional 99,657 shares during the quarter. Westwood Holdings Group Inc.’s holdings in NVIDIA were worth $40,714,000 as of its most recent filing with the SEC.
A number of other hedge funds have also recently bought and sold shares of NVDA. GAMMA Investing LLC boosted its position in NVIDIA by 12,173.2% during the first quarter. GAMMA Investing LLC now owns 48,837,781 shares of the computer hardware maker’s stock worth $5,293,039,000 after acquiring an additional 48,439,859 shares during the last quarter. Northern Trust Corp boosted its position in NVIDIA by 15.8% during the fourth quarter. Northern Trust Corp now owns 266,454,194 shares of the computer hardware maker’s stock worth $35,782,134,000 after acquiring an additional 36,266,817 shares during the last quarter. Assenagon Asset Management S.A. boosted its position in NVIDIA by 204.6% during the first quarter. Assenagon Asset Management S.A. now owns 35,652,571 shares of the computer hardware maker’s stock worth $3,864,026,000 after acquiring an additional 23,948,733 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in NVIDIA during the fourth quarter worth approximately $2,987,733,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in NVIDIA by 11.4% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 200,898,191 shares of the computer hardware maker’s stock worth $26,978,618,000 after acquiring an additional 20,494,402 shares during the last quarter. Institutional investors and hedge funds own 65.27% of the company’s stock.
NVIDIA Stock Performance
NASDAQ:NVDA opened at $167.02 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 $4.06 trillion, a price-to-earnings ratio of 47.58, a PEG ratio of 1.25 and a beta of 2.10. The firm’s fifty day simple moving average is $172.73 and its 200 day simple moving average is $140.20. NVIDIA Corporation has a twelve month low of $86.62 and a twelve month high of $184.48.
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 business 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%. The business’s quarterly revenue was up 55.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. As a group, equities research analysts expect that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.
NVIDIA Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 2nd. Shareholders of record on Thursday, September 11th will be issued a $0.01 dividend. The ex-dividend date is Thursday, September 11th. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. NVIDIA’s payout ratio is currently 1.14%.
Wall Street Analysts Forecast Growth
Several analysts have recently issued reports on NVDA shares. Mizuho boosted their price objective on shares of NVIDIA from $192.00 to $205.00 and gave the company an “outperform” rating in a research note on Thursday, August 14th. Phillip Securities upgraded NVIDIA from a “moderate buy” rating to a “strong-buy” rating in a report on Monday, July 14th. Wall Street Zen raised NVIDIA from a “hold” rating to a “buy” rating in a research report on Friday. Piper Sandler set a $225.00 price target on NVIDIA and gave the company an “overweight” rating in a research report on Wednesday, August 13th. Finally, Oppenheimer reissued an “outperform” rating and set a $225.00 price target (up previously from $200.00) on shares of NVIDIA in a research report on Thursday, August 28th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $207.69.
Check Out Our Latest Research Report on NVDA
Insider Activity
In other news, CEO Jen Hsun Huang sold 75,000 shares of the firm’s stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $169.65, for a total transaction of $12,723,750.00. Following the completion of the sale, the chief executive officer directly owned 72,698,366 shares in the company, valued at $12,333,277,791.90. This trade represents a 0.10% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Dawn E. Hudson sold 18,000 shares of the firm’s stock in a transaction dated Wednesday, September 3rd. The shares were sold at an average price of $172.00, for a total value of $3,096,000.00. Following the sale, the director owned 368,887 shares of the company’s stock, valued at $63,448,564. This represents a 4.65% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 4,872,755 shares of company stock valued at $764,283,330 over the last 90 days. Insiders own 4.17% of the company’s stock.
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.
See Also
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