Triasima Portfolio Management inc. Buys 10,091 Shares of NVIDIA Corporation $NVDA

Triasima Portfolio Management inc. lifted its stake in shares of NVIDIA Corporation (NASDAQ:NVDA) by 18.5% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 64,600 shares of the computer hardware maker’s stock after acquiring an additional 10,091 shares during the period. NVIDIA accounts for about 1.9% of Triasima Portfolio Management inc.’s portfolio, making the stock its 10th largest position. Triasima Portfolio Management inc.’s holdings in NVIDIA were worth $10,206,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Astoria Portfolio Advisors LLC. lifted its position in shares of NVIDIA by 0.9% during the 1st quarter. Astoria Portfolio Advisors LLC. now owns 93,568 shares of the computer hardware maker’s stock valued at $9,610,000 after acquiring an additional 864 shares during the period. Centerpoint Advisory Group lifted its position in shares of NVIDIA by 2.5% during the 1st quarter. Centerpoint Advisory Group now owns 39,398 shares of the computer hardware maker’s stock valued at $4,270,000 after acquiring an additional 943 shares during the period. GSB Wealth Management LLC lifted its position in shares of NVIDIA by 3.3% during the 1st quarter. GSB Wealth Management LLC now owns 32,611 shares of the computer hardware maker’s stock valued at $3,534,000 after acquiring an additional 1,043 shares during the period. Variant Private Wealth LLC increased its stake in NVIDIA by 20.6% during the 1st quarter. Variant Private Wealth LLC now owns 18,800 shares of the computer hardware maker’s stock valued at $2,038,000 after purchasing an additional 3,206 shares in the last quarter. Finally, Financial Perspectives Inc raised its holdings in NVIDIA by 2.8% during the first quarter. Financial Perspectives Inc now owns 45,958 shares of the computer hardware maker’s stock worth $4,981,000 after buying an additional 1,265 shares during the last quarter. Institutional investors and hedge funds own 65.27% of the company’s stock.

Insider Transactions at NVIDIA

In other news, CFO Colette Kress sold 27,640 shares of the 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 directly owned 2,855,762 shares of the company’s stock, valued at approximately $518,092,342.04. This represents a 0.96% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Jen Hsun Huang sold 75,000 shares of the stock in a transaction dated Wednesday, October 22nd. The stock was 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 approximately $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. Over the last three months, insiders sold 3,726,577 shares of company stock worth $665,502,375. Insiders own 4.17% of the company’s stock.

Analysts Set New Price Targets

Several research firms have weighed in on NVDA. Weiss Ratings restated a “buy (b)” rating on shares of NVIDIA in a report on Wednesday, October 8th. S&P Equity Research restated a “positive” rating on shares of NVIDIA in a report on Wednesday, October 22nd. Wedbush restated an “outperform” rating and set a $210.00 price objective on shares of NVIDIA in a report on Thursday, August 28th. Sanford C. Bernstein reiterated a “buy” rating on shares of NVIDIA in a research note on Tuesday, September 23rd. Finally, Benchmark upped their target price on shares of NVIDIA from $190.00 to $220.00 and gave the stock a “buy” rating in a research note on Thursday, August 28th. Five equities research analysts have rated the stock with a Strong Buy rating, forty have assigned a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of $222.23.

NVIDIA Price Performance

Shares of NASDAQ:NVDA opened at $191.49 on Tuesday. 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 firm 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 Corporation has a twelve month low of $86.62 and a twelve month high of $195.62. The company has a 50-day moving average price of $179.65 and a two-hundred day moving average price of $157.06.

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 analysts’ consensus estimates of $1.01 by $0.04. The firm had revenue of $46.74 billion during the quarter, compared to analyst estimates of $45.65 billion. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The company’s quarterly revenue was up 55.6% on a year-over-year basis. During the same quarter last year, the business earned $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. Equities analysts forecast that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th were issued a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.0%. The ex-dividend date of this dividend 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.