ST Germain D J Co. Inc. Has $35.16 Million Holdings in NVIDIA Corporation $NVDA

ST Germain D J Co. Inc. grew its stake in NVIDIA Corporation (NASDAQ:NVDA) by 138.9% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 222,571 shares of the computer hardware maker’s stock after purchasing an additional 129,389 shares during the period. NVIDIA comprises about 1.5% of ST Germain D J Co. Inc.’s investment portfolio, making the stock its 14th biggest position. ST Germain D J Co. Inc.’s holdings in NVIDIA were worth $35,164,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Kathleen S. Wright Associates Inc. grew its position in NVIDIA by 169.3% in the 1st quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker’s stock worth $44,000 after purchasing an additional 254 shares during the last quarter. Barnes Dennig Private Wealth Management LLC acquired a new stake in NVIDIA in the 1st quarter worth $51,000. Bruce G. Allen Investments LLC grew its position in NVIDIA by 198.2% in the 1st quarter. Bruce G. Allen Investments LLC now owns 492 shares of the computer hardware maker’s stock worth $53,000 after purchasing an additional 327 shares during the last quarter. Legend Financial Advisors Inc. acquired a new stake in NVIDIA in the 2nd quarter worth $55,000. Finally, Campbell Capital Management Inc. grew its position in NVIDIA by 5,900.0% in the 1st quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker’s stock worth $65,000 after purchasing an additional 590 shares during the last quarter. 65.27% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other NVIDIA news, Director Mark A. Stevens sold 350,000 shares of the business’s stock in a transaction dated Friday, September 19th. The shares were 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. The trade was a 4.52% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Harvey C. Jones sold 250,000 shares of the business’s stock in a transaction dated Thursday, September 18th. The stock was sold at an average price of $176.21, for a total transaction of $44,052,500.00. Following the completion of the transaction, 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 disclosure for this sale can be found here. Over the last three months, insiders sold 3,898,491 shares of company stock valued at $686,333,234. Insiders own 4.17% of the company’s stock.

NVIDIA Trading Up 2.2%

Shares of NVDA stock opened at $189.11 on Thursday. NVIDIA Corporation has a 12-month low of $86.62 and a 12-month high of $191.05. The company has a market capitalization of $4.60 trillion, a P/E ratio of 53.88, a P/E/G ratio of 1.34 and a beta of 2.12. The firm has a 50-day moving average price of $178.67 and a 200 day moving average price of $149.57. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08.

NVIDIA (NASDAQ:NVDA) last announced its 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. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The company had revenue of $46.74 billion during the quarter, compared to the consensus estimate of $45.65 billion. During the same period in the previous year, the firm posted $0.68 earnings per share. The company’s revenue was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. Research analysts forecast that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement

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

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on NVDA shares. Daiwa Capital Markets lifted their target price on shares of NVIDIA from $165.00 to $205.00 and gave the company an “outperform” rating in a research report on Wednesday, September 17th. Robert W. Baird lifted their target price on shares of NVIDIA from $195.00 to $225.00 and gave the company an “outperform” rating in a research report on Monday, August 25th. Wedbush reiterated an “outperform” rating and set a $210.00 target price on shares of NVIDIA in a research report on Thursday, August 28th. Barclays reiterated an “overweight” rating and set a $240.00 target price (up from $200.00) on shares of NVIDIA in a research report on Monday, September 22nd. Finally, Craig Hallum lifted their target price on shares of NVIDIA from $195.00 to $245.00 and gave the company a “buy” rating in a research report on Thursday, August 28th. Four research analysts have rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $211.26.

NVIDIA 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.