NVIDIA Corporation $NVDA Shares Purchased by NBT Bank N A NY

NBT Bank N A NY increased its position in shares of NVIDIA Corporation (NASDAQ:NVDA) by 4.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 74,253 shares of the computer hardware maker’s stock after acquiring an additional 2,878 shares during the period. NVIDIA comprises 0.8% of NBT Bank N A NY’s investment portfolio, making the stock its 29th biggest position. NBT Bank N A NY’s holdings in NVIDIA were worth $11,731,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of NVDA. Kathleen S. Wright Associates Inc. raised its position in NVIDIA by 169.3% in 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 in the last quarter. Barnes Dennig Private Wealth Management LLC acquired a new stake in NVIDIA in the 1st quarter valued at about $51,000. Legend Financial Advisors Inc. acquired a new stake in NVIDIA in the 2nd quarter valued at about $55,000. Campbell Capital Management Inc. raised its position in NVIDIA by 5,900.0% in the 1st quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker’s stock valued at $65,000 after purchasing an additional 590 shares in the last quarter. Finally, Luken Investment Analytics LLC raised its position in NVIDIA by 107.0% in the 1st quarter. Luken Investment Analytics LLC now owns 621 shares of the computer hardware maker’s stock valued at $67,000 after purchasing an additional 321 shares in the last quarter. Institutional investors and hedge funds own 65.27% of the company’s stock.

NVIDIA Trading Up 2.8%

NASDAQ:NVDA opened at $191.49 on Tuesday. NVIDIA Corporation has a 52-week low of $86.62 and a 52-week high of $195.62. The stock’s 50 day moving average price is $179.65 and its 200 day moving average price is $157.06. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08. The company has a market capitalization of $4.65 trillion, a PE ratio of 54.56, a P/E/G ratio of 1.34 and a beta of 2.12.

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 analysts’ consensus estimates 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 period last 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 anticipate that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Announces Dividend

The business also recently disclosed 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 dividend on an annualized basis and a yield of 0.0%. The ex-dividend date of this dividend was Thursday, September 11th. NVIDIA’s dividend payout ratio (DPR) is presently 1.14%.

Analysts Set New Price Targets

NVDA has been the topic of a number of analyst reports. Sanford C. Bernstein reaffirmed a “buy” rating on shares of NVIDIA in a research report on Tuesday, September 23rd. Mizuho increased their price target on NVIDIA from $205.00 to $225.00 and gave the company an “outperform” rating in a research report on Monday, October 13th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $215.00 price target on shares of NVIDIA in a research report on Tuesday, September 23rd. Cantor Fitzgerald set a $300.00 price objective on NVIDIA and gave the company an “overweight” rating in a report on Thursday, October 9th. Finally, Stifel Nicolaus increased their price objective on NVIDIA from $202.00 to $212.00 and gave the company a “buy” rating in a report on Monday, August 25th. Five investment analysts have rated the stock with a Strong Buy rating, forty have assigned a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, NVIDIA has an average rating of “Buy” and a consensus price target of $222.23.

Insider Buying and Selling

In other NVIDIA news, CFO Colette Kress sold 27,640 shares of the stock in a transaction that occurred on Tuesday, October 21st. The stock was sold at an average price of $181.42, for a total transaction of $5,014,448.80. Following the completion of the sale, the chief financial officer directly owned 2,855,762 shares of the company’s stock, valued at approximately $518,092,342.04. This trade represents a 0.96% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Jen Hsun Huang sold 75,000 shares of the stock in a transaction that occurred on Wednesday, October 22nd. The stock was sold at an average price of $179.91, for a total value of $13,493,250.00. Following the sale, the chief executive officer directly owned 69,958,203 shares of the company’s stock, valued at $12,586,180,301.73. The trade was a 0.11% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 3,726,577 shares of company stock valued at $665,502,375 over the last ninety days. 4.17% of the stock is owned by insiders.

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.