NVIDIA Corporation $NVDA Shares Sold by Robocap Asset Management Ltd

Robocap Asset Management Ltd lessened its stake in shares of NVIDIA Corporation (NASDAQ:NVDA) by 3.1% during the 2nd quarter, Holdings Channel reports. The firm owned 103,413 shares of the computer hardware maker’s stock after selling 3,307 shares during the quarter. NVIDIA comprises approximately 10.3% of Robocap Asset Management Ltd’s investment portfolio, making the stock its largest position. Robocap Asset Management Ltd’s holdings in NVIDIA were worth $16,338,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Fielder Capital Group LLC increased its holdings in NVIDIA by 9.7% in the 1st quarter. Fielder Capital Group LLC now owns 50,469 shares of the computer hardware maker’s stock worth $5,470,000 after buying an additional 4,444 shares during the period. MADDEN SECURITIES Corp boosted its holdings in shares of NVIDIA by 3.2% in the 2nd quarter. MADDEN SECURITIES Corp now owns 81,322 shares of the computer hardware maker’s stock valued at $12,848,000 after acquiring an additional 2,484 shares during the last quarter. ORG Wealth Partners LLC increased its stake in shares of NVIDIA by 7.7% in the second quarter. ORG Wealth Partners LLC now owns 49,301 shares of the computer hardware maker’s stock worth $7,560,000 after acquiring an additional 3,542 shares during the period. Sentinel Pension Advisors LLC raised its holdings in shares of NVIDIA by 4.1% during the second quarter. Sentinel Pension Advisors LLC now owns 2,743 shares of the computer hardware maker’s stock worth $433,000 after purchasing an additional 107 shares during the last quarter. Finally, Winthrop Capital Management LLC lifted its position in NVIDIA by 4.3% during the first quarter. Winthrop Capital Management LLC now owns 42,746 shares of the computer hardware maker’s stock valued at $4,633,000 after purchasing an additional 1,778 shares during the period. Hedge funds and other institutional investors own 65.27% of the company’s stock.

NVIDIA Stock Performance

NASDAQ:NVDA opened at $177.82 on Wednesday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.60 and a current ratio of 4.21. The stock has a market capitalization of $4.32 trillion, a PE ratio of 50.66, a P/E/G ratio of 1.49 and a beta of 2.11. NVIDIA Corporation has a fifty-two week low of $86.62 and a fifty-two week high of $212.19. The company has a fifty day moving average of $186.62 and a two-hundred day moving average of $169.66.

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

NVIDIA Dividend Announcement

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

Wall Street Analysts Forecast Growth

NVDA has been the subject of a number of recent research reports. BNP Paribas Exane lifted their price objective on NVIDIA from $240.00 to $250.00 and gave the company an “outperform” rating in a research note on Tuesday, November 18th. New Street Research reissued a “buy” rating and issued a $307.00 price target on shares of NVIDIA in a report on Thursday, October 30th. Wedbush raised their price objective on shares of NVIDIA from $210.00 to $230.00 and gave the stock an “outperform” rating in a research note on Thursday, November 20th. Mizuho lifted their target price on shares of NVIDIA from $235.00 to $245.00 and gave the company an “outperform” rating in a report on Thursday, November 20th. Finally, DA Davidson reissued a “buy” rating and set a $250.00 price target on shares of NVIDIA in a report on Thursday, November 20th. Four equities research analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $258.19.

Insider Activity

In other NVIDIA news, Director Mark A. Stevens sold 350,000 shares of the firm’s stock in a transaction on Friday, September 19th. The stock was sold at an average price of $176.39, for a total value of $61,736,500.00. Following the transaction, the director owned 7,399,803 shares in the company, valued at approximately $1,305,251,251.17. This trade represents a 4.52% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Jen Hsun Huang sold 75,000 shares of NVIDIA stock in a transaction on Wednesday, September 10th. The stock was sold at an average price of $177.57, for a total transaction of $13,317,750.00. Following the sale, the chief executive officer directly owned 72,248,366 shares in the company, valued at approximately $12,829,142,350.62. This trade represents a 0.10% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 3,251,577 shares of company stock worth $583,143,187 over the last quarter. 4.17% of the stock is currently owned by corporate insiders.

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.