NVIDIA Corporation $NVDA Shares Purchased by Adirondack Trust Co.

Adirondack Trust Co. boosted its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA) by 1.0% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 91,401 shares of the computer hardware maker’s stock after purchasing an additional 895 shares during the period. NVIDIA accounts for approximately 5.2% of Adirondack Trust Co.’s holdings, making the stock its 2nd largest holding. Adirondack Trust Co.’s holdings in NVIDIA were worth $14,440,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of NVDA. Brighton Jones LLC increased its stake in shares of 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 buying an additional 35,815 shares during the period. Bank Pictet & Cie Europe AG increased its stake in shares of NVIDIA by 1.0% in the 4th quarter. Bank Pictet & Cie Europe AG now owns 2,346,417 shares of the computer hardware maker’s stock valued at $315,100,000 after buying an additional 22,929 shares during the period. Highview Capital Management LLC DE increased its stake in shares of NVIDIA by 6.7% in the 4th quarter. Highview Capital Management LLC DE now owns 58,396 shares of the computer hardware maker’s stock valued at $7,842,000 after buying an additional 3,653 shares during the period. Hudson Value Partners LLC increased its stake in shares of NVIDIA by 30.7% in the 4th quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker’s stock valued at $6,805,000 after buying an additional 11,900 shares during the period. Finally, Forum Financial Management LP increased its stake in shares of NVIDIA by 28.2% in the 4th quarter. Forum Financial Management LP now owns 189,998 shares of the computer hardware maker’s stock valued at $25,515,000 after buying an additional 41,757 shares during the period. 65.27% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts recently commented on the company. Mizuho lifted their price objective on NVIDIA from $192.00 to $205.00 and gave the stock an “outperform” rating in a research note on Thursday, August 14th. Sanford C. Bernstein reaffirmed a “buy” rating on shares of NVIDIA in a research note on Tuesday, September 23rd. TD Cowen lifted their target price on NVIDIA from $140.00 to $235.00 and gave the stock a “buy” rating in a report on Tuesday, August 19th. Loop Capital boosted their target price on NVIDIA from $175.00 to $250.00 and gave the company a “buy” rating in a research note on Wednesday, June 25th. Finally, UBS Group reissued a “buy” rating on shares of NVIDIA in a research note on Tuesday, September 23rd. Four investment analysts have rated the stock with a Strong Buy rating, thirty-six have issued a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, NVIDIA currently has a consensus rating of “Moderate Buy” and an average target price of $209.82.

Insider Transactions at NVIDIA

In other news, Director Persis Drell sold 40,000 shares of the stock in a transaction that occurred on Friday, September 19th. The stock was sold at an average price of $177.65, for a total transaction of $7,106,000.00. Following the transaction, the director owned 138,740 shares in the company, valued at approximately $24,647,161. This trade represents a 22.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Colette Kress sold 30,500 shares of the stock in a transaction that occurred on Friday, September 19th. The stock was sold at an average price of $176.40, for a total value of $5,380,200.00. Following the transaction, the chief financial officer owned 2,883,402 shares in the company, valued at approximately $508,632,112.80. This trade represents a 1.05% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 4,050,558 shares of company stock valued at $701,164,609. Company insiders own 4.17% of the company’s stock.

NVIDIA Stock Performance

Shares of NVIDIA stock opened at $178.19 on Monday. The firm has a market cap of $4.33 trillion, a price-to-earnings ratio of 50.77, a price-to-earnings-growth ratio of 1.29 and a beta of 2.10. The stock’s 50-day moving average is $176.60 and its 200-day moving average is $146.20. NVIDIA Corporation has a one year low of $86.62 and a one year high of $184.55. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.21 and a quick ratio of 3.60.

NVIDIA (NASDAQ:NVDA) last issued its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, beating analysts’ consensus estimates of $1.01 by $0.04. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The company had revenue of $46.74 billion for the quarter, compared to analyst estimates of $45.65 billion. During the same period in the previous year, the company posted $0.68 earnings per share. The company’s quarterly revenue was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. Equities analysts predict that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement

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