Baxter Bros Inc. Purchases 464 Shares of NVIDIA Corporation $NVDA

Baxter Bros Inc. boosted its stake in NVIDIA Corporation (NASDAQ:NVDA) by 6.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,922 shares of the computer hardware maker’s stock after purchasing an additional 464 shares during the quarter. Baxter Bros Inc.’s holdings in NVIDIA were worth $1,252,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Kingstone Capital Partners Texas LLC raised its stake in shares of NVIDIA by 267,959.7% during the second quarter. Kingstone Capital Partners Texas LLC now owns 382,373,765 shares of the computer hardware maker’s stock worth $64,976,521,000 after acquiring an additional 382,231,120 shares in the last quarter. Nuveen LLC bought a new stake in shares of NVIDIA during the 1st quarter valued at $15,089,414,000. Goldman Sachs Group Inc. boosted its stake in NVIDIA by 123.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 187,995,213 shares of the computer hardware maker’s stock worth $20,374,921,000 after purchasing an additional 103,889,872 shares in the last quarter. Amundi boosted its stake in NVIDIA by 16.0% in the 1st quarter. Amundi now owns 135,770,043 shares of the computer hardware maker’s stock worth $13,826,199,000 after purchasing an additional 18,733,431 shares in the last quarter. Finally, Strs Ohio bought a new position in NVIDIA in the 1st quarter worth about $1,163,288,000. 65.27% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on NVDA. Daiwa Capital Markets boosted their target price on NVIDIA from $165.00 to $205.00 and gave the stock an “outperform” rating in a research report on Wednesday, September 17th. Sanford C. Bernstein restated a “buy” rating on shares of NVIDIA in a research note on Tuesday, September 23rd. Wolfe Research set a $230.00 target price on NVIDIA and gave the company an “outperform” rating in a research report on Tuesday. Craig Hallum increased their target price on NVIDIA from $195.00 to $245.00 and gave the company a “buy” rating in a research report on Thursday, August 28th. Finally, DA Davidson set a $250.00 target price on NVIDIA and gave the company a “buy” rating in a research report on Wednesday. Five equities research analysts have rated the stock with a Strong Buy rating, forty have given a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $227.26.

Insider Buying and Selling

In other 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 transaction, 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 position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Jen Hsun Huang sold 25,000 shares of the firm’s stock in a transaction on Monday, October 27th. The stock was sold at an average price of $190.73, for a total value of $4,768,250.00. Following the transaction, the chief executive officer directly owned 69,783,203 shares of the company’s stock, valued at $13,309,750,308.19. The trade was a 0.04% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 3,751,577 shares of company stock valued at $670,766,375 over the last ninety days. 4.17% of the stock is owned by insiders.

NVIDIA Stock Performance

Shares of NASDAQ:NVDA opened at $207.04 on Thursday. 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 business’s 50 day moving average price is $180.79 and its 200-day moving average price is $158.39. The firm has a market capitalization of $5.03 trillion, a PE ratio of 58.99, a P/E/G ratio of 1.45 and a beta of 2.12. NVIDIA Corporation has a 1 year low of $86.62 and a 1 year high of $212.19.

NVIDIA (NASDAQ:NVDA) last released 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. The company had revenue of $46.74 billion for the quarter, compared to analyst estimates of $45.65 billion. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The firm’s revenue for the quarter was up 55.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. As a group, equities research analysts expect that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement

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%.

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.