First National Bank & Trust Co. of Newtown Boosts Stake in NVIDIA Corporation $NVDA

First National Bank & Trust Co. of Newtown lifted its holdings in NVIDIA Corporation (NASDAQ:NVDA) by 0.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 49,985 shares of the computer hardware maker’s stock after buying an additional 110 shares during the period. NVIDIA makes up 1.6% of First National Bank & Trust Co. of Newtown’s holdings, making the stock its 11th biggest position. First National Bank & Trust Co. of Newtown’s holdings in NVIDIA were worth $7,897,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Kathleen S. Wright Associates Inc. lifted its stake in shares of NVIDIA by 169.3% in the first quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker’s stock worth $44,000 after buying an additional 254 shares in the last quarter. Barnes Dennig Private Wealth Management LLC purchased a new position in NVIDIA during the first quarter worth about $51,000. Bruce G. Allen Investments LLC raised its stake in NVIDIA by 198.2% during the first 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 period. Legend Financial Advisors Inc. purchased a new position in NVIDIA during the second quarter worth about $55,000. Finally, Campbell Capital Management Inc. raised its stake in NVIDIA by 5,900.0% during the first 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 period. 65.27% of the stock is owned by hedge funds and other institutional investors.

NVIDIA Price Performance

Shares of NVDA opened at $183.22 on Friday. NVIDIA Corporation has a fifty-two week low of $86.62 and a fifty-two week high of $195.62. The firm’s 50 day moving average price is $179.40 and its 200 day moving average price is $153.27. The company has a market cap of $4.45 trillion, a P/E ratio of 52.20, a PEG ratio of 1.32 and a beta of 2.12. 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 the consensus estimate of $1.01 by $0.04. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The firm had revenue of $46.74 billion for the quarter, compared to the consensus estimate of $45.65 billion. During the same period in the prior year, the firm earned $0.68 EPS. The firm’s revenue for the quarter was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. On average, research analysts forecast that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement

The firm 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. This represents a $0.04 annualized dividend and a yield of 0.0%. The ex-dividend date of this dividend was Thursday, September 11th. NVIDIA’s dividend payout ratio is presently 1.14%.

Insiders Place Their Bets

In related news, CEO Jen Hsun Huang sold 75,000 shares of the company’s stock in a transaction that occurred on Wednesday, October 15th. The shares were sold at an average price of $181.01, for a total transaction of $13,575,750.00. Following the sale, the chief executive officer directly owned 70,333,203 shares of the company’s stock, valued at $12,731,013,075.03. This represents a 0.11% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Over the last quarter, insiders have sold 3,753,937 shares of company stock worth $667,769,026. 4.17% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on NVDA shares. Oppenheimer reaffirmed an “outperform” rating and set a $225.00 target price (up from $200.00) on shares of NVIDIA in a research note on Thursday, August 28th. Truist Financial lifted their target price on shares of NVIDIA from $210.00 to $228.00 and gave the stock a “buy” rating in a research note on Thursday, August 28th. Sanford C. Bernstein reaffirmed a “buy” rating on shares of NVIDIA in a research note on Tuesday, September 23rd. HSBC set a $320.00 target price on shares of NVIDIA and gave the stock a “buy” rating in a research note on Wednesday. Finally, Daiwa Capital Markets boosted their price target on shares of NVIDIA from $165.00 to $205.00 and gave the company an “outperform” rating in a research note on Wednesday, September 17th. Five investment analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, NVIDIA presently has a consensus rating of “Buy” and an average price target of $222.23.

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.