Loudon Investment Management LLC Grows Position in NVIDIA Corporation $NVDA

Loudon Investment Management LLC increased its position in shares of NVIDIA Corporation (NASDAQ:NVDA) by 119.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,354 shares of the computer hardware maker’s stock after acquiring an additional 2,369 shares during the quarter. Loudon Investment Management LLC’s holdings in NVIDIA were worth $688,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of NVDA. Pachira Investments Inc. increased its stake in shares of NVIDIA by 1.0% during the second quarter. Pachira Investments Inc. now owns 6,450 shares of the computer hardware maker’s stock worth $1,019,000 after buying an additional 63 shares during the period. HFG Wealth Management LLC grew its position in shares of NVIDIA by 3.4% during the second quarter. HFG Wealth Management LLC now owns 2,075 shares of the computer hardware maker’s stock worth $328,000 after acquiring an additional 68 shares during the last quarter. Hidden Cove Wealth Management LLC grew its position in shares of NVIDIA by 0.3% during the second quarter. Hidden Cove Wealth Management LLC now owns 23,778 shares of the computer hardware maker’s stock worth $3,757,000 after acquiring an additional 69 shares during the last quarter. Summit Financial Strategies Inc. grew its position in shares of NVIDIA by 0.6% during the second quarter. Summit Financial Strategies Inc. now owns 11,637 shares of the computer hardware maker’s stock worth $1,839,000 after acquiring an additional 69 shares during the last quarter. Finally, Burkett Financial Services LLC grew its position in shares of NVIDIA by 1.3% during the second quarter. Burkett Financial Services LLC now owns 5,450 shares of the computer hardware maker’s stock worth $861,000 after acquiring an additional 70 shares during the last quarter. Institutional investors and hedge funds own 65.27% of the company’s stock.

Insider Activity at NVIDIA

In related news, CEO Jen Hsun Huang sold 75,000 shares of the stock in a transaction on Monday, August 4th. The stock was sold at an average price of $178.16, for a total value of $13,362,000.00. Following the completion of the transaction, the chief executive officer owned 73,523,225 shares in the company, valued at $13,098,897,766. This trade represents a 0.10% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Mark A. Stevens sold 350,000 shares of the stock in a transaction on 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 owned 7,399,803 shares of the company’s stock, valued at $1,305,251,251.17. This trade represents a 4.52% decrease in their position. The disclosure for this sale can be found here. Insiders sold 3,753,937 shares of company stock valued at $667,769,026 over the last 90 days. 4.17% of the stock is currently owned by corporate insiders.

NVIDIA Trading Up 1.1%

NASDAQ:NVDA opened at $181.81 on Friday. NVIDIA Corporation has a 1 year low of $86.62 and a 1 year high of $195.62. The stock has a market cap of $4.42 trillion, a price-to-earnings ratio of 51.80, a PEG ratio of 1.30 and a beta of 2.12. The business has a fifty day moving average of $179.39 and a 200-day moving average of $152.47. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.60 and a current ratio of 4.21.

NVIDIA (NASDAQ:NVDA) last released its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) 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 during the quarter, compared to analysts’ expectations of $45.65 billion. During the same quarter in the prior year, the business posted $0.68 earnings per share. The company’s revenue for the quarter 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 year.

NVIDIA Announces Dividend

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

Analysts Set New Price Targets

Several brokerages recently weighed in on NVDA. Mizuho increased their price target on NVIDIA from $205.00 to $225.00 and gave the stock an “outperform” rating in a report on Monday. Oppenheimer reaffirmed an “outperform” rating and set a $225.00 price target (up previously from $200.00) on shares of NVIDIA in a research note on Thursday, August 28th. Wells Fargo & Company increased their price objective on shares of NVIDIA from $185.00 to $220.00 and gave the stock an “overweight” rating in a report on Monday, August 11th. Wall Street Zen cut NVIDIA from a “buy” rating to a “hold” rating in a report on Saturday, October 11th. Finally, Sanford C. Bernstein reiterated a “buy” rating on shares of NVIDIA in a research note on Tuesday, September 23rd. Five investment analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of $222.23.

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.