Missouri Trust & Investment Co raised its stake in NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 0.8% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 28,110 shares of the computer hardware maker’s stock after buying an additional 215 shares during the period. NVIDIA makes up about 1.5% of Missouri Trust & Investment Co’s investment portfolio, making the stock its 12th largest holding. Missouri Trust & Investment Co’s holdings in NVIDIA were worth $4,441,000 as of its most recent filing with the SEC.
Other large investors have also modified their holdings of the company. Kingstone Capital Partners Texas LLC increased its position in shares of NVIDIA by 267,959.7% in the second quarter. Kingstone Capital Partners Texas LLC now owns 382,373,765 shares of the computer hardware maker’s stock worth $64,976,521,000 after acquiring an additional 382,231,120 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in NVIDIA by 2.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 206,794,926 shares of the computer hardware maker’s stock worth $22,412,434,000 after purchasing an additional 5,896,735 shares during the period. Goldman Sachs Group Inc. grew its position in NVIDIA by 123.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 187,995,213 shares of the computer hardware maker’s stock worth $20,374,921,000 after purchasing an additional 103,889,872 shares in the last quarter. Nuveen LLC acquired a new stake in NVIDIA during the 1st quarter valued at $15,089,414,000. Finally, Amundi lifted its holdings in shares of NVIDIA by 16.0% in the first quarter. Amundi now owns 135,770,043 shares of the computer hardware maker’s stock valued at $13,826,199,000 after purchasing an additional 18,733,431 shares in the last quarter. 65.27% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
A number of research analysts have recently weighed in on the company. Daiwa Capital Markets lifted their price target on NVIDIA from $165.00 to $205.00 and gave the company an “outperform” rating in a report on Wednesday, September 17th. Oppenheimer reaffirmed an “outperform” rating and set a $225.00 target price (up previously from $200.00) on shares of NVIDIA in a research note on Thursday, August 28th. Citigroup reiterated a “buy” rating and issued a $210.00 target price (up previously from $200.00) on shares of NVIDIA in a report on Tuesday, September 30th. Stifel Nicolaus raised their price target on shares of NVIDIA from $202.00 to $212.00 and gave the stock a “buy” rating in a report on Monday, August 25th. Finally, Wells Fargo & Company upped their price objective on shares of NVIDIA from $185.00 to $220.00 and gave the company an “overweight” rating in a research note on Monday, August 11th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, NVIDIA has a consensus rating of “Moderate Buy” and an average price target of $211.00.
NVIDIA Price Performance
Shares of NASDAQ:NVDA opened at $187.62 on Monday. The business’s 50 day moving average is $178.11 and its 200-day moving average is $148.57. The company has a current ratio of 4.21, a quick ratio of 3.60 and a debt-to-equity ratio of 0.08. The firm has a market capitalization of $4.56 trillion, a PE ratio of 53.45, a PEG ratio of 1.36 and a beta of 2.12. NVIDIA Corporation has a 1-year low of $86.62 and a 1-year high of $191.05.
NVIDIA (NASDAQ:NVDA – Get Free Report) last posted its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share for the quarter, topping analysts’ consensus estimates of $1.01 by $0.04. The firm had revenue of $46.74 billion for the quarter, compared to the consensus estimate of $45.65 billion. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The business’s revenue was up 55.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. Sell-side analysts predict that NVIDIA Corporation will post 2.77 earnings per share for the current year.
NVIDIA Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 2nd. Shareholders of record on Thursday, September 11th were issued a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. The ex-dividend date of this dividend was Thursday, September 11th. NVIDIA’s payout ratio is presently 1.14%.
Insider Buying and Selling
In related news, CFO Colette Kress sold 30,500 shares of the firm’s stock in a transaction that occurred on Friday, September 19th. The stock was sold at an average price of $176.40, for a total transaction of $5,380,200.00. Following the completion of the transaction, the chief financial officer owned 2,883,402 shares in the company, valued at $508,632,112.80. This trade represents a 1.05% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Persis Drell sold 40,000 shares of the business’s stock in a transaction on Friday, September 19th. The shares were sold at an average price of $177.65, for a total value of $7,106,000.00. Following the completion of the sale, the director directly owned 138,740 shares in the company, valued at approximately $24,647,161. This represents a 22.38% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 3,971,893 shares of company stock valued at $694,502,352 over the last ninety days. Company insiders own 4.17% of the company’s stock.
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.
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