Community Bank N.A. Sells 1,438 Shares of NVIDIA Corporation $NVDA

Community Bank N.A. decreased its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA) by 3.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 46,814 shares of the computer hardware maker’s stock after selling 1,438 shares during the period. NVIDIA comprises 1.0% of Community Bank N.A.’s portfolio, making the stock its 25th biggest holding. Community Bank N.A.’s holdings in NVIDIA were worth $7,396,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Legend Financial Advisors Inc. bought a new position in shares of NVIDIA in the second quarter valued at approximately $55,000. Kathleen S. Wright Associates Inc. increased its holdings in shares of NVIDIA by 169.3% in the first 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. Westend Capital Management LLC grew its holdings in NVIDIA by 46.8% during the 2nd quarter. Westend Capital Management LLC now owns 455 shares of the computer hardware maker’s stock worth $72,000 after acquiring an additional 145 shares during the period. Barnes Dennig Private Wealth Management LLC acquired a new stake in NVIDIA during the 1st quarter worth $51,000. Finally, Campbell Capital Management Inc. grew its holdings in NVIDIA by 5,900.0% during the 1st quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker’s stock worth $65,000 after acquiring an additional 590 shares during the period. Institutional investors own 65.27% of the company’s stock.

Wall Street Analyst Weigh In

NVDA has been the subject of several research analyst reports. UBS Group set a $235.00 price target on shares of NVIDIA and gave the company a “buy” rating in a report on Wednesday, October 29th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $300.00 target price on shares of NVIDIA in a research note on Wednesday, October 29th. Craig Hallum boosted their price target on shares of NVIDIA from $195.00 to $245.00 and gave the stock a “buy” rating in a research report on Thursday, August 28th. President Capital boosted their price target on shares of NVIDIA from $210.00 to $240.00 and gave the stock a “buy” rating in a research report on Thursday, October 30th. Finally, TD Cowen upped their target price on shares of NVIDIA from $140.00 to $235.00 and gave the company a “buy” rating in a report on Tuesday, August 19th. Five equities research analysts have rated the stock with a Strong Buy rating, forty-one have given a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, NVIDIA has a consensus rating of “Buy” and a consensus price target of $233.75.

NVIDIA Stock Down 1.8%

Shares of NVDA opened at $195.21 on Thursday. NVIDIA Corporation has a 12 month low of $86.62 and a 12 month high of $212.19. The firm’s 50 day moving average is $182.99 and its 200-day moving average is $161.72. The stock has a market capitalization of $4.74 trillion, a PE ratio of 55.62, a P/E/G ratio of 1.49 and a beta of 2.12. 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 posted its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.04. The business had revenue of $46.74 billion for 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 firm’s revenue for the quarter was up 55.6% on a year-over-year basis. During the same quarter last year, the business posted $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. Equities research analysts forecast that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 2nd. Investors of record on Thursday, September 11th were paid a $0.01 dividend. 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 1.14%.

Insider Activity at NVIDIA

In other NVIDIA news, CEO Jen Hsun Huang sold 75,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $169.65, for a total value of $12,723,750.00. Following the sale, the chief executive officer owned 72,698,366 shares in the company, valued at $12,333,277,791.90. This trade represents a 0.10% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Harvey C. Jones sold 250,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 18th. The shares were sold at an average price of $176.21, for a total transaction of $44,052,500.00. Following the completion of the sale, the director owned 7,183,280 shares in the company, valued at $1,265,765,768.80. This represents a 3.36% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 3,551,577 shares of company stock valued at $637,612,687 over the last three months. 4.17% of the stock is owned by insiders.

About NVIDIA

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.