True North Advisors LLC Boosts Stock Position in NVIDIA Corporation $NVDA

True North Advisors LLC boosted its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA) by 34.7% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 32,971 shares of the computer hardware maker’s stock after purchasing an additional 8,488 shares during the quarter. NVIDIA makes up approximately 1.0% of True North Advisors LLC’s holdings, making the stock its 18th largest holding. True North Advisors LLC’s holdings in NVIDIA were worth $5,209,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. Kathleen S. Wright Associates Inc. boosted its position in NVIDIA by 169.3% during the 1st quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker’s stock valued at $44,000 after purchasing an additional 254 shares during the period. Barnes Dennig Private Wealth Management LLC acquired a new position in NVIDIA during the 1st quarter worth $51,000. Bruce G. Allen Investments LLC boosted its position in NVIDIA by 198.2% during the 1st quarter. Bruce G. Allen Investments LLC now owns 492 shares of the computer hardware maker’s stock worth $53,000 after acquiring an additional 327 shares during the period. Legend Financial Advisors Inc. acquired a new position in NVIDIA during the 2nd quarter worth $55,000. Finally, Campbell Capital Management Inc. boosted its position in NVIDIA by 5,900.0% during the 1st quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker’s stock worth $65,000 after acquiring an additional 590 shares during the period. 65.27% of the stock is currently owned by institutional investors.

Insider Activity

In other news, Director Harvey C. Jones sold 250,000 shares of the 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 transaction, the director 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 position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Jen Hsun Huang sold 75,000 shares of the stock in a transaction dated Friday, July 25th. The shares were sold at an average price of $173.88, for a total value of $13,041,000.00. Following the transaction, the chief executive officer directly owned 73,973,225 shares in the company, valued at approximately $12,862,464,363. This represents a 0.10% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 3,898,491 shares of company stock valued at $686,333,234. Insiders own 4.17% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on NVDA shares. Stifel Nicolaus boosted their price target on NVIDIA from $202.00 to $212.00 and gave the stock a “buy” rating in a research report on Monday, August 25th. New Street Research boosted their price target on NVIDIA from $200.00 to $235.00 and gave the stock a “buy” rating in a research report on Friday, September 12th. BNP Paribas upgraded NVIDIA to a “hold” rating in a research report on Friday, August 1st. The Goldman Sachs Group set a $210.00 price objective on NVIDIA and gave the company a “buy” rating in a report on Monday. Finally, Jefferies Financial Group restated a “buy” rating and issued a $220.00 price objective (up previously from $205.00) on shares of NVIDIA in a report on Monday, September 29th. 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 issued a Sell rating to the company’s stock. According to MarketBeat.com, NVIDIA presently has a consensus rating of “Moderate Buy” and an average target price of $211.26.

NVIDIA Stock Performance

Shares of NVDA stock opened at $189.11 on Thursday. 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 Corporation has a fifty-two week low of $86.62 and a fifty-two week high of $191.05. The stock’s 50-day moving average is $178.67 and its two-hundred day moving average is $149.57. The firm has a market cap of $4.60 trillion, a P/E ratio of 53.88, a PEG ratio of 1.34 and a beta of 2.12.

NVIDIA (NASDAQ:NVDA) last issued its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share for the quarter, topping 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 company had revenue of $46.74 billion for the quarter, compared to analyst estimates of $45.65 billion. During the same period in the prior year, the firm posted $0.68 EPS. The business’s revenue was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. Analysts predict that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th were issued a dividend of $0.01 per share. 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 dividend payout ratio is currently 1.14%.

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.