DekaBank Deutsche Girozentrale Has $317.93 Million Stake in NVIDIA Corporation $NVDA

DekaBank Deutsche Girozentrale reduced its stake in NVIDIA Corporation (NASDAQ:NVDA) by 4.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,004,081 shares of the computer hardware maker’s stock after selling 87,724 shares during the quarter. DekaBank Deutsche Girozentrale’s holdings in NVIDIA were worth $317,929,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the company. Harbor Asset Planning Inc. bought a new stake in NVIDIA in the 2nd quarter valued at approximately $28,000. Kathleen S. Wright Associates Inc. raised its holdings in shares of NVIDIA by 169.3% in the first 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 last quarter. Barnes Dennig Private Wealth Management LLC bought a new stake in shares of NVIDIA in the first quarter worth $51,000. Legend Financial Advisors Inc. acquired a new position in NVIDIA during the second quarter worth $55,000. Finally, Campbell Capital Management Inc. grew its position in NVIDIA by 5,900.0% in the first quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker’s stock valued at $65,000 after purchasing an additional 590 shares in the last quarter. Institutional investors own 65.27% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have commented on NVDA shares. Weiss Ratings reissued a “buy (b-)” rating on shares of NVIDIA in a research report on Thursday. Wedbush restated an “outperform” rating and issued a $210.00 price target on shares of NVIDIA in a research note on Thursday, August 28th. HSBC set a $320.00 price target on NVIDIA and gave the stock a “buy” rating in a research report on Wednesday, October 15th. Benchmark increased their price objective on NVIDIA from $190.00 to $220.00 and gave the company a “buy” rating in a report on Thursday, August 28th. Finally, UBS Group restated a “buy” rating on shares of NVIDIA in a report on Monday, November 10th. Five investment analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $239.15.

NVIDIA Stock Up 1.8%

NVDA stock opened at $190.17 on Friday. NVIDIA Corporation has a 1-year low of $86.62 and a 1-year high of $212.19. The business’s 50 day simple moving average is $185.60 and its 200 day simple moving average is $165.55. 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 $4.62 trillion, a PE ratio of 54.18, a PEG ratio of 1.49 and a beta of 2.11.

NVIDIA (NASDAQ:NVDA) last announced its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, beating 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 business had revenue of $46.74 billion during the quarter, compared to the consensus estimate of $45.65 billion. During the same quarter last year, the firm posted $0.68 EPS. The company’s quarterly revenue was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. As a group, research analysts anticipate that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, October 2nd. Investors of record on Thursday, September 11th were issued a dividend of $0.01 per share. The ex-dividend date of this dividend was Thursday, September 11th. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. NVIDIA’s payout ratio is presently 1.14%.

Insider Activity at NVIDIA

In other NVIDIA news, Director Mark A. Stevens sold 350,000 shares of the stock in a transaction dated Friday, September 19th. The shares were sold at an average price of $176.39, for a total value of $61,736,500.00. Following the transaction, the director directly owned 7,399,803 shares of the company’s stock, valued at $1,305,251,251.17. This represents a 4.52% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Jen Hsun Huang sold 75,000 shares of the firm’s stock in a transaction that occurred 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 owned 72,248,366 shares of the company’s stock, valued at $12,829,142,350.62. This trade represents a 0.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 3,251,577 shares of company stock worth $583,143,187. Insiders own 4.17% of the company’s stock.

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.