Iowa State Bank Acquires 693 Shares of NVIDIA Corporation $NVDA

Iowa State Bank raised its holdings in NVIDIA Corporation (NASDAQ:NVDA) by 0.8% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 87,756 shares of the computer hardware maker’s stock after purchasing an additional 693 shares during the quarter. NVIDIA comprises approximately 2.8% of Iowa State Bank’s portfolio, making the stock its 7th largest holding. Iowa State Bank’s holdings in NVIDIA were worth $13,865,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the business. Kingstone Capital Partners Texas LLC increased its stake in 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 valued at $64,976,521,000 after purchasing an additional 382,231,120 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in NVIDIA by 2.9% in the first 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 valued at $22,412,434,000 after purchasing an additional 5,896,735 shares during the period. Goldman Sachs Group Inc. increased its stake in NVIDIA by 123.5% in the first quarter. Goldman Sachs Group Inc. now owns 187,995,213 shares of the computer hardware maker’s stock valued at $20,374,921,000 after purchasing an additional 103,889,872 shares during the period. Nuveen LLC acquired a new position in NVIDIA in the first quarter valued at $15,089,414,000. Finally, Amundi increased its stake in 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 during the period. 65.27% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other NVIDIA news, CFO Colette Kress sold 27,640 shares of the company’s stock in a transaction dated Tuesday, October 21st. The shares were sold at an average price of $181.42, for a total value of $5,014,448.80. Following the sale, the chief financial officer owned 2,855,762 shares of the company’s stock, valued at $518,092,342.04. This represents a 0.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Jen Hsun Huang sold 75,000 shares of the company’s stock in a transaction dated Wednesday, October 22nd. The shares were sold at an average price of $179.91, for a total transaction of $13,493,250.00. Following the completion of the sale, the chief executive officer directly owned 69,958,203 shares in the company, valued at $12,586,180,301.73. This trade represents a 0.11% decrease in their position. The disclosure for this sale can be found here. Insiders sold 3,801,577 shares of company stock worth $678,643,875 in the last ninety days. Insiders own 4.17% of the company’s stock.

Analyst Ratings Changes

NVDA has been the topic of a number of recent research reports. BNP Paribas upgraded shares of NVIDIA to a “hold” rating in a research note on Friday, August 1st. Daiwa Capital Markets boosted their price target on shares of NVIDIA from $165.00 to $205.00 and gave the stock an “outperform” rating in a research note on Wednesday, September 17th. Robert W. Baird boosted their price target on shares of NVIDIA from $195.00 to $225.00 and gave the stock an “outperform” rating in a research note on Monday, August 25th. Rosenblatt Securities reiterated a “buy” rating and set a $215.00 price target on shares of NVIDIA in a research note on Tuesday, September 23rd. Finally, HSBC set a $320.00 price target on shares of NVIDIA and gave the stock a “buy” rating in a research note on Wednesday, October 15th. Five research analysts have rated the stock with a Strong Buy rating, forty have issued a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $222.23.

NVIDIA Trading Up 2.3%

Shares of NVDA opened at $186.26 on Friday. 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’s 50-day moving average is $179.46 and its two-hundred day moving average is $155.82. NVIDIA Corporation has a twelve month low of $86.62 and a twelve month high of $195.62. The firm has a market capitalization of $4.53 trillion, a P/E ratio of 53.07, a PEG ratio of 1.31 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 net margin of 52.41% and a return on equity of 101.74%. 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 business posted $0.68 earnings per share. The firm’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. On average, research analysts predict 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 given a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a yield of 0.0%. The ex-dividend date was Thursday, September 11th. NVIDIA’s dividend payout ratio is presently 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.