NVIDIA Corporation $NVDA Shares Bought by Bar Harbor Wealth Management

Bar Harbor Wealth Management grew its stake in shares of NVIDIA Corporation (NASDAQ:NVDA) by 10.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 67,765 shares of the computer hardware maker’s stock after acquiring an additional 6,333 shares during the period. Bar Harbor Wealth Management’s holdings in NVIDIA were worth $10,706,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Kathleen S. Wright Associates Inc. boosted its holdings in shares of 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 buying an additional 254 shares during the period. Barnes Dennig Private Wealth Management LLC acquired a new position in shares of NVIDIA in the 1st quarter valued at about $51,000. Legend Financial Advisors Inc. acquired a new position in shares of NVIDIA in the 2nd quarter valued at about $55,000. Campbell Capital Management Inc. boosted its holdings in shares of 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 buying an additional 590 shares during the period. Finally, Luken Investment Analytics LLC boosted its holdings in shares of 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 buying an additional 321 shares during the period. 65.27% of the stock is owned by institutional investors and hedge funds.

NVIDIA Stock Up 5.0%

NVDA stock opened at $201.03 on Wednesday. NVIDIA Corporation has a 52 week low of $86.62 and a 52 week high of $203.15. The company has a market capitalization of $4.89 trillion, a price-to-earnings ratio of 57.27, a price-to-earnings-growth ratio of 1.38 and a beta of 2.12. The firm’s 50-day moving average is $180.16 and its two-hundred day moving average is $157.72. The company has a current ratio of 4.21, a quick ratio of 3.60 and a debt-to-equity ratio of 0.08.

NVIDIA (NASDAQ:NVDA) last released its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, topping analysts’ consensus estimates 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 the consensus estimate of $45.65 billion. During the same period in the previous year, the firm earned $0.68 EPS. NVIDIA’s revenue was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. On average, 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 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 was Thursday, September 11th. NVIDIA’s payout ratio is presently 1.14%.

Insider Buying and Selling

In related news, CEO Jen Hsun Huang sold 25,000 shares of the business’s stock in a transaction that occurred on Monday, October 27th. The shares were sold at an average price of $190.73, for a total value of $4,768,250.00. Following the sale, the chief executive officer directly owned 69,783,203 shares in the company, valued at $13,309,750,308.19. The trade was a 0.04% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Colette Kress sold 27,640 shares of the business’s 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 owned 2,855,762 shares in the company, valued at $518,092,342.04. The trade was a 0.96% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 3,751,577 shares of company stock worth $670,766,375 over the last quarter. Insiders own 4.17% of the company’s stock.

Analyst Upgrades and Downgrades

NVDA has been the subject of several research reports. Benchmark lifted their price target on shares of NVIDIA from $190.00 to $220.00 and gave the company a “buy” rating in a report on Thursday, August 28th. Bank of America lifted their price target on shares of NVIDIA from $220.00 to $235.00 and gave the company a “buy” rating in a report on Thursday, August 28th. Wells Fargo & Company lifted their price target on shares of NVIDIA from $185.00 to $220.00 and gave the company an “overweight” rating in a report on Monday, August 11th. Mizuho lifted their price objective on shares of NVIDIA from $205.00 to $225.00 and gave the company an “outperform” rating in a research report on Monday, October 13th. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a $220.00 price objective (up from $205.00) on shares of NVIDIA in a research report on Monday, September 29th. Five research analysts have rated the stock with a Strong Buy rating, forty have issued a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price 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.