Siren L.L.C. Has $4.82 Million Stake in NVIDIA Corporation $NVDA

Siren L.L.C. trimmed its position in shares of NVIDIA Corporation (NASDAQ:NVDA) by 9.2% during the first quarter, Holdings Channel.com reports. The firm owned 44,432 shares of the computer hardware maker’s stock after selling 4,500 shares during the period. Siren L.L.C.’s holdings in NVIDIA were worth $4,816,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of NVDA. Kathleen S. Wright Associates Inc. raised its position in shares of NVIDIA by 169.3% during the first quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker’s stock worth $44,000 after purchasing an additional 254 shares during the period. Copia Wealth Management bought a new stake in NVIDIA during the fourth quarter worth $50,000. Barnes Dennig Private Wealth Management LLC bought a new stake in NVIDIA during the first quarter worth $51,000. Bruce G. Allen Investments LLC grew its holdings in NVIDIA by 198.2% during the first quarter. Bruce G. Allen Investments LLC now owns 492 shares of the computer hardware maker’s stock worth $53,000 after buying an additional 327 shares in the last quarter. Finally, Campbell Capital Management Inc. grew its holdings in NVIDIA by 5,900.0% during the first quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker’s stock worth $65,000 after buying an additional 590 shares in the last quarter. 65.27% of the stock is owned by institutional investors and hedge funds.

NVIDIA Stock Down 0.1%

Shares of NASDAQ:NVDA opened at $177.17 on Friday. The company has a market capitalization of $4.31 trillion, a PE ratio of 50.48, a price-to-earnings-growth ratio of 1.29 and a beta of 2.10. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.21 and a quick ratio of 3.60. The business has a fifty day moving average price of $174.05 and a two-hundred day moving average price of $141.23. NVIDIA Corporation has a 1 year low of $86.62 and a 1 year high of $184.48.

NVIDIA (NASDAQ:NVDA) last announced its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.01 by $0.04. The firm had revenue of $46.74 billion during the quarter, compared to the consensus estimate of $45.65 billion. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The business’s revenue for the quarter was up 55.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. Analysts forecast that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th will be paid a dividend of $0.01 per share. The ex-dividend date is Thursday, September 11th. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. NVIDIA’s dividend payout ratio is presently 1.14%.

Insider Transactions at NVIDIA

In other NVIDIA news, Director Mark A. Stevens sold 608,248 shares of the business’s stock in a transaction on Wednesday, June 18th. The shares were sold at an average price of $145.26, for a total transaction of $88,354,104.48. Following the sale, the director owned 8,247,600 shares of the company’s stock, valued at $1,198,046,376. The trade was a 6.87% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Ajay K. Puri sold 168,195 shares of the business’s stock in a transaction on Wednesday, June 25th. The shares were sold at an average price of $152.64, for a total transaction of $25,673,284.80. Following the sale, the executive vice president directly owned 4,018,547 shares in the company, valued at $613,391,014.08. The trade was a 4.02% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 3,907,755 shares of company stock worth $633,253,430. 4.17% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the company. Rosenblatt Securities upped their price target on NVIDIA from $200.00 to $215.00 and gave the stock a “buy” rating in a report on Thursday, August 28th. Phillip Securities upgraded NVIDIA from a “moderate buy” rating to a “strong-buy” rating in a report on Monday, July 14th. Wall Street Zen upgraded NVIDIA from a “hold” rating to a “buy” rating in a research note on Friday, September 5th. Truist Financial boosted their target price on NVIDIA from $210.00 to $228.00 and gave the stock a “buy” rating in a research note on Thursday, August 28th. Finally, TD Cowen boosted their target price on NVIDIA from $140.00 to $235.00 and gave the stock a “buy” rating in a research note on Tuesday, August 19th. Four research analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $207.83.

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.