Senator Investment Group LP Increases Stock Holdings in NVIDIA Corporation $NVDA

Senator Investment Group LP lifted its stake in shares of NVIDIA Corporation (NASDAQ:NVDA) by 8.3% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 357,500 shares of the computer hardware maker’s stock after buying an additional 27,500 shares during the quarter. NVIDIA comprises about 2.1% of Senator Investment Group LP’s holdings, making the stock its 21st biggest holding. Senator Investment Group LP’s holdings in NVIDIA were worth $38,746,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of NVDA. Copia Wealth Management purchased a new position in shares of NVIDIA during the fourth quarter worth about $50,000. Kathleen S. Wright Associates Inc. boosted its position in shares of NVIDIA by 169.3% in the 1st quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker’s stock valued at $44,000 after purchasing an additional 254 shares during the period. Barnes Dennig Private Wealth Management LLC purchased a new position in NVIDIA during the 1st quarter worth approximately $51,000. Bruce G. Allen Investments LLC increased its position 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 during the period. Finally, Campbell Capital Management Inc. increased its position 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 during the period. Institutional investors and hedge funds own 65.27% of the company’s stock.

NVIDIA Price Performance

Shares of NASDAQ:NVDA opened at $177.33 on Thursday. NVIDIA Corporation has a 12 month low of $86.62 and a 12 month high of $184.48. The firm has a market capitalization of $4.31 trillion, a price-to-earnings ratio of 50.52, a price-to-earnings-growth ratio of 1.24 and a beta of 2.10. The business’s 50 day simple moving average is $173.69 and its 200-day simple moving average is $140.91. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.21 and a quick ratio of 3.60.

NVIDIA (NASDAQ:NVDA) last issued its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.04. The firm had revenue of $46.74 billion during the quarter, compared to analysts’ expectations of $45.65 billion. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.NVIDIA’s revenue was up 55.6% on a year-over-year basis. During the same period in the previous year, the firm posted $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. As a group, equities analysts forecast 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 Thursday, October 2nd. Investors of record on Thursday, September 11th will be paid a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. The ex-dividend date of this dividend is Thursday, September 11th. NVIDIA’s dividend payout ratio is presently 1.14%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on NVDA shares. JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a $215.00 target price on shares of NVIDIA in a report on Thursday, September 4th. Robert W. Baird lifted their price objective on shares of NVIDIA from $195.00 to $225.00 and gave the company an “outperform” rating in a research note on Monday, August 25th. Citigroup decreased their target price on shares of NVIDIA from $210.00 to $200.00 and set a “buy” rating for the company in a research note on Monday. Jefferies Financial Group raised their price target on NVIDIA from $200.00 to $205.00 and gave the stock a “buy” rating in a report on Thursday, August 28th. Finally, Craig Hallum upped their price objective on NVIDIA from $195.00 to $245.00 and gave the company a “buy” rating in a research note on Thursday, August 28th. Four research analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $207.42.

Insider Buying and Selling at NVIDIA

In other news, CEO Jen Hsun Huang sold 75,000 shares of the firm’s stock in a transaction that occurred on Wednesday, June 25th. The shares were sold at an average price of $152.54, for a total transaction of $11,440,500.00. Following the completion of the transaction, the chief executive officer directly owned 75,548,225 shares of the company’s stock, valued at $11,524,126,241.50. This trade represents a 0.10% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Ajay K. Puri sold 168,195 shares of NVIDIA stock in a transaction that occurred on Wednesday, June 25th. The stock was sold at an average price of $152.64, for a total value of $25,673,284.80. Following the transaction, the executive vice president owned 4,018,547 shares of the company’s stock, valued at $613,391,014.08. This represents a 4.02% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 3,832,755 shares of company stock worth $619,935,680. 4.17% of the stock is owned by corporate insiders.

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.