NVIDIA Corporation $NVDA is First National Bank of Hutchinson’s 7th Largest Position

First National Bank of Hutchinson lowered its stake in shares of NVIDIA Corporation (NASDAQ:NVDA) by 1.1% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 49,449 shares of the computer hardware maker’s stock after selling 547 shares during the period. NVIDIA makes up approximately 3.5% of First National Bank of Hutchinson’s investment portfolio, making the stock its 7th largest position. First National Bank of Hutchinson’s holdings in NVIDIA were worth $5,359,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Kathleen S. Wright Associates Inc. lifted its holdings in NVIDIA by 169.3% during the 1st quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker’s stock worth $44,000 after buying an additional 254 shares in the last quarter. Copia Wealth Management acquired a new stake in shares of NVIDIA in the 4th quarter valued at $50,000. Barnes Dennig Private Wealth Management LLC acquired a new stake in shares of NVIDIA in the 1st quarter valued at $51,000. Bruce G. Allen Investments LLC raised its holdings in shares of NVIDIA by 198.2% in the 1st quarter. Bruce G. Allen Investments LLC now owns 492 shares of the computer hardware maker’s stock valued at $53,000 after purchasing an additional 327 shares in the last quarter. Finally, LSV Asset Management acquired a new stake in shares of NVIDIA in the 4th quarter valued at $54,000. Hedge funds and other institutional investors own 65.27% of the company’s stock.

Insider Buying and Selling at NVIDIA

In other NVIDIA news, Director Mark A. Stevens sold 935,000 shares of NVIDIA stock in a transaction dated Tuesday, June 3rd. The shares were sold at an average price of $140.92, for a total transaction of $131,760,200.00. Following the completion of the transaction, the director owned 9,214,697 shares in the company, valued at approximately $1,298,535,101.24. The trade was a 9.21% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Jen Hsun Huang sold 75,000 shares of NVIDIA stock in a transaction dated Wednesday, June 25th. The stock was sold at an average price of $152.54, for a total transaction of $11,440,500.00. Following the transaction, the chief executive officer owned 75,548,225 shares of the company’s stock, valued at approximately $11,524,126,241.50. The trade was a 0.10% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 5,912,440 shares of company stock worth $902,886,782. 4.17% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on NVDA shares. Mizuho raised their price objective on shares of NVIDIA from $192.00 to $205.00 and gave the company an “outperform” rating in a report on Thursday, August 14th. Needham & Company LLC raised their price objective on shares of NVIDIA from $160.00 to $200.00 and gave the company a “buy” rating in a report on Wednesday, July 16th. Cantor Fitzgerald restated an “overweight” rating and issued a $240.00 price objective (up from $200.00) on shares of NVIDIA in a report on Monday. The Goldman Sachs Group initiated coverage on shares of NVIDIA in a research report on Thursday, July 10th. They issued a “buy” rating and a $185.00 target price on the stock. Finally, Morgan Stanley reaffirmed an “overweight” rating and issued a $206.00 target price (up from $200.00) on shares of NVIDIA in a research report on Monday. Four analysts have rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, NVIDIA currently has an average rating of “Moderate Buy” and a consensus price target of $189.28.

NVIDIA Stock Down 3.5%

Shares of NASDAQ:NVDA opened at $175.64 on Wednesday. The company has a market cap of $4.29 trillion, a price-to-earnings ratio of 56.66, a PEG ratio of 1.60 and a beta of 2.14. The firm’s 50-day simple moving average is $165.38 and its 200-day simple moving average is $136.23. The company has a quick ratio of 2.96, a current ratio of 3.39 and a debt-to-equity ratio of 0.10. NVIDIA Corporation has a fifty-two week low of $86.62 and a fifty-two week high of $184.48.

NVIDIA (NASDAQ:NVDA) last issued its earnings results on Wednesday, May 28th. The computer hardware maker reported $0.81 earnings per share for the quarter, missing the consensus estimate of $0.87 by ($0.06). NVIDIA had a net margin of 51.69% and a return on equity of 105.09%. The firm had revenue of $44.06 billion during the quarter, compared to analysts’ expectations of $43.09 billion. During the same period in the previous year, the firm earned $0.61 EPS. The firm’s revenue was up 69.2% on a year-over-year basis. NVIDIA has set its Q2 2026 guidance at EPS. As a group, equities research analysts predict that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 3rd. Shareholders of record on Wednesday, June 11th were given a dividend of $0.01 per share. The ex-dividend date was Wednesday, June 11th. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. NVIDIA’s payout ratio is presently 1.29%.

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.