Marshall Financial Group LLC raised its holdings in NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 1.4% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 79,447 shares of the computer hardware maker’s stock after buying an additional 1,085 shares during the period. NVIDIA makes up approximately 2.5% of Marshall Financial Group LLC’s portfolio, making the stock its 9th largest position. Marshall Financial Group LLC’s holdings in NVIDIA were worth $12,572,000 as of its most recent SEC filing.
Several other hedge funds have also modified their holdings of NVDA. Nuveen LLC acquired a new position in shares of NVIDIA during the first quarter worth about $15,089,414,000. 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 worth $20,374,921,000 after acquiring an additional 103,889,872 shares during the last quarter. GAMMA Investing LLC grew its holdings in NVIDIA by 12,173.2% during the 1st 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 in the last quarter. Assenagon Asset Management S.A. increased its position in shares of NVIDIA by 204.6% in the 1st quarter. Assenagon Asset Management S.A. now owns 35,652,571 shares of the computer hardware maker’s stock valued at $3,864,026,000 after purchasing an additional 23,948,733 shares during the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in shares of NVIDIA in the 4th quarter valued at approximately $2,987,733,000. 65.27% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity
In other news, Director Harvey C. Jones sold 250,000 shares of the stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $176.21, for a total transaction of $44,052,500.00. Following the completion of the sale, the director owned 7,183,280 shares in the company, valued at approximately $1,265,765,768.80. This represents a 3.36% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Persis Drell sold 40,000 shares of the firm’s stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $177.65, for a total value of $7,106,000.00. Following the transaction, the director directly owned 138,740 shares in the company, valued at approximately $24,647,161. This represents a 22.38% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 4,176,470 shares of company stock worth $720,979,162 over the last 90 days. 4.17% of the stock is owned by corporate insiders.
NVIDIA Stock Up 0.4%
NVIDIA (NASDAQ:NVDA – Get Free Report) last released its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, topping the consensus estimate of $1.01 by $0.04. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The company had revenue of $46.74 billion for the quarter, compared to analyst estimates of $45.65 billion. During the same quarter in the previous year, the company posted $0.68 earnings per share. The firm’s revenue was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. Equities research analysts expect that NVIDIA Corporation will post 2.77 earnings per share for the current year.
NVIDIA Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 2nd. Investors of record on Thursday, September 11th will be given a $0.01 dividend. The ex-dividend date is Thursday, September 11th. This represents a $0.04 annualized dividend and a yield of 0.0%. NVIDIA’s dividend payout ratio is 1.14%.
Analysts Set New Price Targets
Several research firms have recently issued reports on NVDA. Rosenblatt Securities reaffirmed a “buy” rating and set a $215.00 price objective on shares of NVIDIA in a research report on Tuesday. Oppenheimer reaffirmed an “outperform” rating and set a $225.00 price target (up from $200.00) on shares of NVIDIA in a report on Thursday, August 28th. DA Davidson raised NVIDIA from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $195.00 to $210.00 in a research report on Thursday, September 11th. New Street Research raised their target price on NVIDIA from $200.00 to $235.00 and gave the stock a “buy” rating in a research report on Friday, September 12th. Finally, Citigroup decreased their target price on NVIDIA from $210.00 to $200.00 and set a “buy” rating for the company in a research note on Monday, September 8th. Four analysts have rated the stock with a Strong Buy rating, thirty-six have assigned a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, NVIDIA has a consensus rating of “Moderate Buy” and an average price target of $209.82.
Read Our Latest Report on NVDA
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.
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