Lcnb Corp Cuts Stock Holdings in NVIDIA Corporation $NVDA

Lcnb Corp lowered its stake in shares of NVIDIA Corporation (NASDAQ:NVDA) by 1.8% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 36,580 shares of the computer hardware maker’s stock after selling 667 shares during the period. NVIDIA makes up approximately 1.5% of Lcnb Corp’s portfolio, making the stock its 13th biggest holding. Lcnb Corp’s holdings in NVIDIA were worth $3,965,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. High Note Wealth LLC raised its position in shares of NVIDIA by 0.5% during the 1st quarter. High Note Wealth LLC now owns 17,873 shares of the computer hardware maker’s stock valued at $1,937,000 after acquiring an additional 91 shares in the last quarter. Kelly Financial Services LLC grew its stake in NVIDIA by 2.0% during the 1st quarter. Kelly Financial Services LLC now owns 4,736 shares of the computer hardware maker’s stock worth $513,000 after buying an additional 94 shares during the last quarter. Next Capital Management LLC grew its stake in NVIDIA by 0.8% during the 1st quarter. Next Capital Management LLC now owns 12,589 shares of the computer hardware maker’s stock worth $1,364,000 after buying an additional 94 shares during the last quarter. Mendel Capital Management LLC grew its stake in NVIDIA by 0.8% during the 1st quarter. Mendel Capital Management LLC now owns 11,871 shares of the computer hardware maker’s stock worth $1,287,000 after buying an additional 96 shares during the last quarter. Finally, Affiance Financial LLC grew its stake in NVIDIA by 0.7% during the 1st quarter. Affiance Financial LLC now owns 13,651 shares of the computer hardware maker’s stock worth $1,479,000 after buying an additional 97 shares during the last quarter. Hedge funds and other institutional investors own 65.27% of the company’s stock.

Wall Street Analysts Forecast Growth

NVDA has been the subject of several recent analyst reports. Morgan Stanley increased their price target on NVIDIA from $206.00 to $210.00 and gave the stock an “overweight” rating in a research note on Thursday, August 28th. Phillip Securities raised NVIDIA from a “moderate buy” rating to a “strong-buy” rating in a research note on Monday, July 14th. Rosenblatt Securities increased their price target on NVIDIA from $200.00 to $215.00 and gave the stock a “buy” rating in a research note on Thursday, August 28th. Benchmark upped 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, Raymond James Financial upped their price objective on NVIDIA from $150.00 to $165.00 and gave the company a “strong-buy” rating in a report on Thursday, May 29th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $207.69.

NVIDIA Trading Down 2.7%

Shares of NASDAQ NVDA opened at $167.02 on Monday. NVIDIA Corporation has a 12 month low of $86.62 and a 12 month high of $184.48. The company has a market cap of $4.06 trillion, a price-to-earnings ratio of 47.58, a P/E/G ratio of 1.21 and a beta of 2.10. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08. The business has a fifty day simple moving average of $172.73 and a 200-day simple moving average of $140.21.

NVIDIA (NASDAQ:NVDA) last announced its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 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 period in the prior year, the business posted $0.68 earnings per share. NVIDIA’s revenue was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. Sell-side analysts predict that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Announces Dividend

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

Insider Buying and Selling at NVIDIA

In related news, CEO Jen Hsun Huang sold 75,000 shares of the 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 directly owned 72,698,366 shares of the company’s stock, valued at approximately $12,333,277,791.90. This represents a 0.10% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Dawn E. Hudson sold 18,000 shares of the 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 sale, the director directly owned 368,887 shares of the company’s stock, valued at approximately $63,448,564. This represents a 4.65% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 3,682,755 shares of company stock valued at $594,406,430. 4.17% of the stock is currently owned by company insiders.

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.