Intrust Bank NA Increases Stock Holdings in NVIDIA Corporation $NVDA

Intrust Bank NA raised its holdings in NVIDIA Corporation (NASDAQ:NVDA) by 0.4% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 188,720 shares of the computer hardware maker’s stock after acquiring an additional 751 shares during the quarter. NVIDIA makes up 2.0% of Intrust Bank NA’s holdings, making the stock its 8th largest holding. Intrust Bank NA’s holdings in NVIDIA were worth $20,453,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of NVDA. Brighton Jones LLC grew its position in NVIDIA by 12.4% in the 4th quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker’s stock valued at $43,631,000 after acquiring an additional 35,815 shares during the last quarter. Bank Pictet & Cie Europe AG grew its position in shares of NVIDIA by 1.0% during the 4th quarter. Bank Pictet & Cie Europe AG now owns 2,346,417 shares of the computer hardware maker’s stock worth $315,100,000 after buying an additional 22,929 shares in the last quarter. Highview Capital Management LLC DE grew its position in shares of NVIDIA by 6.7% during the 4th quarter. Highview Capital Management LLC DE now owns 58,396 shares of the computer hardware maker’s stock worth $7,842,000 after buying an additional 3,653 shares in the last quarter. Hudson Value Partners LLC grew its position in shares of NVIDIA by 30.7% during the 4th quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker’s stock worth $6,805,000 after buying an additional 11,900 shares in the last quarter. Finally, Selway Asset Management bought a new position in shares of NVIDIA during the 4th quarter worth $269,000. Institutional investors own 65.27% of the company’s stock.

Insider Activity

In other NVIDIA news, CEO Jen Hsun Huang sold 75,000 shares of the firm’s stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $169.65, for a total value of $12,723,750.00. Following the completion of the sale, the chief executive officer owned 72,698,366 shares of the company’s stock, valued at approximately $12,333,277,791.90. This trade represents a 0.10% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Dawn E. Hudson sold 18,000 shares of the firm’s stock in a transaction dated Wednesday, September 3rd. The stock was sold at an average price of $172.00, for a total value of $3,096,000.00. Following the completion of the transaction, the director owned 368,887 shares of the company’s stock, valued at approximately $63,448,564. The trade was a 4.65% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 4,872,755 shares of company stock valued at $764,283,330. Corporate insiders own 4.17% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the company. Craig Hallum increased their price target on NVIDIA from $195.00 to $245.00 and gave the stock a “buy” rating in a research report on Thursday, August 28th. Needham & Company LLC reissued a “buy” rating and set a $200.00 price target on shares of NVIDIA in a research report on Thursday, August 28th. Piper Sandler set a $225.00 price target on NVIDIA and gave the stock an “overweight” rating in a research report on Wednesday, August 13th. The Goldman Sachs Group reissued a “buy” rating and set a $200.00 price target on shares of NVIDIA in a research report on Wednesday, August 27th. Finally, KeyCorp reissued an “overweight” rating and set a $230.00 price target (up previously from $215.00) on shares of NVIDIA in a research report on Thursday, August 28th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $207.69.

NVIDIA Price Performance

Shares of NASDAQ NVDA opened at $167.02 on Friday. 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 company has a market cap of $4.06 trillion, a PE ratio of 47.58, a P/E/G ratio of 1.25 and a beta of 2.10. The business has a 50-day simple moving average of $172.73 and a two-hundred day simple moving average of $140.20. 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 quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.04. The business had revenue of $46.74 billion during the quarter, compared to the consensus estimate of $45.65 billion. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The company’s quarterly revenue was up 55.6% on a year-over-year basis. During the same quarter last year, the company earned $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. As a group, equities analysts expect that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 2nd. Shareholders of record on Thursday, September 11th will be issued a $0.01 dividend. This represents a $0.04 annualized dividend and a yield of 0.0%. The ex-dividend date of this dividend is Thursday, September 11th. NVIDIA’s dividend payout ratio (DPR) is currently 1.14%.

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.