Murphy Pohlad Asset Management LLC Sells 1,266 Shares of NVIDIA Corporation $NVDA

Murphy Pohlad Asset Management LLC reduced its position in shares of NVIDIA Corporation (NASDAQ:NVDA) by 21.2% in the second quarter, according to its most recent filing with the SEC. The fund owned 4,714 shares of the computer hardware maker’s stock after selling 1,266 shares during the quarter. Murphy Pohlad Asset Management LLC’s holdings in NVIDIA were worth $745,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Kingstone Capital Partners Texas LLC grew its stake in shares of NVIDIA by 267,959.7% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 382,373,765 shares of the computer hardware maker’s stock worth $64,976,521,000 after buying an additional 382,231,120 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of NVIDIA by 2.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 206,794,926 shares of the computer hardware maker’s stock valued at $22,412,434,000 after acquiring an additional 5,896,735 shares during the last quarter. Goldman Sachs Group Inc. grew its position 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 in the last quarter. Nuveen LLC bought a new stake in NVIDIA during the first quarter worth approximately $15,089,414,000. Finally, Amundi raised its position in NVIDIA by 16.0% during the first quarter. Amundi now owns 135,770,043 shares of the computer hardware maker’s stock valued at $13,826,199,000 after purchasing an additional 18,733,431 shares during the period. 65.27% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

NVDA has been the subject of a number of recent research reports. Barclays lifted their target price on NVIDIA from $240.00 to $275.00 and gave the stock an “overweight” rating in a report on Thursday, November 20th. Melius Research boosted their price objective on shares of NVIDIA from $300.00 to $320.00 and gave the company a “buy” rating in a research report on Thursday, November 20th. Robert W. Baird set a $275.00 target price on shares of NVIDIA and gave the company an “outperform” rating in a research note on Thursday, November 20th. TD Cowen raised their target price on shares of NVIDIA from $140.00 to $235.00 and gave the stock a “buy” rating in a report on Tuesday, August 19th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $240.00 price target on shares of NVIDIA in a report on Thursday, November 20th. Five investment analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $258.19.

NVIDIA Stock Up 1.4%

Shares of NASDAQ NVDA opened at $180.26 on Friday. NVIDIA Corporation has a 52-week low of $86.62 and a 52-week high of $212.19. The firm has a market capitalization of $4.38 trillion, a price-to-earnings ratio of 51.36, a PEG ratio of 1.49 and a beta of 2.11. The stock has a 50 day moving average price of $186.90 and a 200 day moving average price of $169.81. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.60 and a current ratio of 4.21.

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

NVIDIA Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 26th. Investors of record on Thursday, December 4th will be issued 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 payout ratio is presently 0.99%.

Insider Activity at NVIDIA

In other news, CEO Jen Hsun Huang sold 25,000 shares of the business’s stock in a transaction dated Wednesday, October 29th. The shares were sold at an average price of $207.91, for a total value of $5,197,750.00. Following the completion of the sale, the chief executive officer owned 69,733,203 shares in the company, valued at approximately $14,498,230,235.73. The trade was a 0.04% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Colette Kress sold 27,640 shares of the company’s stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $208.33, for a total transaction of $5,758,241.20. Following the completion of the sale, the chief financial officer directly owned 2,828,122 shares of the company’s stock, valued at $589,182,656.26. The trade was a 0.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 3,177,203 shares of company stock worth $570,171,004 over the last three months. 4.17% of the stock is owned by corporate insiders.

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.