NVIDIA Corporation $NVDA Stock Position Boosted by Orrstown Financial Services Inc.

Orrstown Financial Services Inc. boosted its stake in NVIDIA Corporation (NASDAQ:NVDA) by 2.2% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 26,822 shares of the computer hardware maker’s stock after buying an additional 573 shares during the period. NVIDIA accounts for 0.9% of Orrstown Financial Services Inc.’s portfolio, making the stock its 13th biggest holding. Orrstown Financial Services Inc.’s holdings in NVIDIA were worth $4,238,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Bouvel Investment Partners LLC grew its position in NVIDIA by 3.2% in the 2nd quarter. Bouvel Investment Partners LLC now owns 76,961 shares of the computer hardware maker’s stock valued at $12,159,000 after buying an additional 2,408 shares in the last quarter. Meriwether Wealth & Planning LLC grew its position in NVIDIA by 1.9% in the 2nd quarter. Meriwether Wealth & Planning LLC now owns 7,721 shares of the computer hardware maker’s stock valued at $1,220,000 after buying an additional 145 shares in the last quarter. Hilltop Wealth Advisors LLC grew its position in NVIDIA by 25.0% in the 2nd quarter. Hilltop Wealth Advisors LLC now owns 8,337 shares of the computer hardware maker’s stock valued at $1,317,000 after buying an additional 1,665 shares in the last quarter. First PREMIER Bank lifted its holdings in NVIDIA by 27.6% in the 2nd quarter. First PREMIER Bank now owns 15,431 shares of the computer hardware maker’s stock valued at $2,438,000 after acquiring an additional 3,340 shares during the last quarter. Finally, Mallini Complete Financial Planning LLC acquired a new stake in NVIDIA in the 2nd quarter valued at about $234,000. Institutional investors own 65.27% of the company’s stock.

NVIDIA Price Performance

Shares of NVDA opened at $178.19 on Monday. The company has a market capitalization of $4.33 trillion, a price-to-earnings ratio of 50.77, a P/E/G ratio of 1.29 and a beta of 2.10. NVIDIA Corporation has a fifty-two week low of $86.62 and a fifty-two week 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. The business’s 50-day moving average is $176.60 and its 200-day moving average is $146.20.

NVIDIA (NASDAQ:NVDA) last released its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, topping 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 firm had revenue of $46.74 billion for the quarter, compared to the consensus estimate of $45.65 billion. During the same quarter in the prior year, the company posted $0.68 earnings per share. The firm’s revenue was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. Equities research analysts expect that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Dividend Announcement

The business 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 dividend of $0.01 per share. This represents a $0.04 annualized dividend and a yield of 0.0%. The ex-dividend date is Thursday, September 11th. NVIDIA’s dividend payout ratio (DPR) is 1.14%.

Insider Buying and Selling at NVIDIA

In other news, Director Harvey C. Jones sold 250,000 shares of the stock in a transaction that occurred on Thursday, September 18th. The stock was sold at an average price of $176.21, for a total value of $44,052,500.00. Following the completion of the sale, the director directly owned 7,183,280 shares of the company’s stock, valued at approximately $1,265,765,768.80. This represents a 3.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Mark A. Stevens sold 350,000 shares of the firm’s stock in a transaction on Friday, September 19th. The stock was sold at an average price of $176.39, for a total value of $61,736,500.00. Following the completion of the transaction, the director directly owned 7,399,803 shares of the company’s stock, valued at approximately $1,305,251,251.17. This trade represents a 4.52% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 4,050,558 shares of company stock worth $701,164,609 over the last 90 days. Insiders own 4.17% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the stock. The Goldman Sachs Group reissued a “buy” rating and issued a $200.00 price target on shares of NVIDIA in a report on Wednesday, August 27th. Wells Fargo & Company upped their price target on shares of NVIDIA from $185.00 to $220.00 and gave the company an “overweight” rating in a report on Monday, August 11th. BNP Paribas raised shares of NVIDIA to a “hold” rating in a report on Friday, August 1st. Barclays reissued an “overweight” rating and issued a $240.00 price target (up from $200.00) on shares of NVIDIA in a report on Monday, September 22nd. Finally, Benchmark upped their price target on shares of NVIDIA from $190.00 to $220.00 and gave the company a “buy” rating in a report on Thursday, August 28th. Four analysts have rated the stock with a Strong Buy rating, thirty-six have issued a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $209.82.

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.