Plimoth Trust Co. LLC Has $21.23 Million Stock Position in NVIDIA Corporation $NVDA

Plimoth Trust Co. LLC grew its stake in NVIDIA Corporation (NASDAQ:NVDA) by 0.7% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 134,398 shares of the computer hardware maker’s stock after acquiring an additional 962 shares during the quarter. NVIDIA accounts for 5.1% of Plimoth Trust Co. LLC’s holdings, making the stock its 3rd biggest position. Plimoth Trust Co. LLC’s holdings in NVIDIA were worth $21,234,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Pachira Investments Inc. boosted its holdings in shares of NVIDIA by 1.0% in the 2nd quarter. Pachira Investments Inc. now owns 6,450 shares of the computer hardware maker’s stock valued at $1,019,000 after buying an additional 63 shares during the last quarter. Warner Financial Inc. raised its stake in NVIDIA by 2.3% in the 2nd quarter. Warner Financial Inc. now owns 2,911 shares of the computer hardware maker’s stock valued at $460,000 after acquiring an additional 66 shares during the period. HFG Wealth Management LLC raised its stake in NVIDIA by 3.4% in the 2nd quarter. HFG Wealth Management LLC now owns 2,075 shares of the computer hardware maker’s stock valued at $328,000 after acquiring an additional 68 shares during the period. Hidden Cove Wealth Management LLC raised its stake in NVIDIA by 0.3% in the 2nd quarter. Hidden Cove Wealth Management LLC now owns 23,778 shares of the computer hardware maker’s stock valued at $3,757,000 after acquiring an additional 69 shares during the period. Finally, Summit Financial Strategies Inc. raised its stake in NVIDIA by 0.6% in the 2nd quarter. Summit Financial Strategies Inc. now owns 11,637 shares of the computer hardware maker’s stock valued at $1,839,000 after acquiring an additional 69 shares during the period. 65.27% of the stock is owned by institutional investors.

NVIDIA Stock Up 2.3%

NVDA stock opened at $186.26 on Friday. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.21 and a quick ratio of 3.60. The stock has a market capitalization of $4.53 trillion, a price-to-earnings ratio of 53.07, a PEG ratio of 1.31 and a beta of 2.12. The business’s fifty day moving average price is $179.46 and its two-hundred day moving average price is $155.82. NVIDIA Corporation has a fifty-two week low of $86.62 and a fifty-two week high of $195.62.

NVIDIA (NASDAQ:NVDA) last posted its quarterly earnings data 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 firm had revenue of $46.74 billion for the quarter, compared to analysts’ expectations of $45.65 billion. During the same quarter last year, the business earned $0.68 EPS. The company’s quarterly revenue was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. On average, equities analysts anticipate that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, October 2nd. Investors of record on Thursday, September 11th were given a $0.01 dividend. The ex-dividend date 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 (DPR) is presently 1.14%.

Insider Buying and Selling

In related news, Director Harvey C. Jones sold 250,000 shares of the firm’s stock in a transaction on Thursday, September 18th. The stock was sold at an average price of $176.21, for a total value of $44,052,500.00. Following the transaction, the director owned 7,183,280 shares in the company, valued at approximately $1,265,765,768.80. This trade represents a 3.36% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Mark A. Stevens sold 350,000 shares of the firm’s stock in a transaction on Friday, September 19th. The stock was 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 in the company, valued at $1,305,251,251.17. The trade was a 4.52% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 3,801,577 shares of company stock worth $678,643,875. Company insiders own 4.17% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on NVDA shares. New Street Research increased their price target on NVIDIA from $200.00 to $235.00 and gave the company a “buy” rating in a research note on Friday, September 12th. Oppenheimer restated an “outperform” rating and issued a $225.00 price target (up previously from $200.00) on shares of NVIDIA in a research note on Thursday, August 28th. Benchmark increased their price target on NVIDIA from $190.00 to $220.00 and gave the company a “buy” rating in a research note on Thursday, August 28th. Wedbush restated an “outperform” rating and issued a $210.00 price target on shares of NVIDIA in a research note on Thursday, August 28th. Finally, Daiwa Capital Markets increased their price target on NVIDIA from $165.00 to $205.00 and gave the company an “outperform” rating in a research note on Wednesday, September 17th. Five equities research analysts have rated the stock with a Strong Buy rating, forty have assigned a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, NVIDIA currently has an average rating of “Buy” and an average price target 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.