Advantage Trust Co Purchases 525 Shares of NVIDIA Corporation $NVDA

Advantage Trust Co lifted its position in shares of NVIDIA Corporation (NASDAQ:NVDA) by 19.6% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,206 shares of the computer hardware maker’s stock after buying an additional 525 shares during the period. Advantage Trust Co’s holdings in NVIDIA were worth $507,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Kingstone Capital Partners Texas LLC boosted its position in 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 valued at $64,976,521,000 after buying an additional 382,231,120 shares during the period. Nuveen LLC bought a new stake in shares of NVIDIA in the 1st quarter valued at about $15,089,414,000. Goldman Sachs Group Inc. boosted its holdings in NVIDIA by 123.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 187,995,213 shares of the computer hardware maker’s stock valued at $20,374,921,000 after acquiring an additional 103,889,872 shares during the period. Amundi increased 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 during the period. Finally, Strs Ohio bought a new stake in NVIDIA in the first quarter valued at approximately $1,163,288,000. Hedge funds and other institutional investors own 65.27% of the company’s stock.

NVIDIA Stock Up 1.8%

Shares of NASDAQ:NVDA opened at $190.17 on Friday. The company has a current ratio of 4.21, a quick ratio of 3.60 and a debt-to-equity ratio of 0.08. The stock has a fifty day simple moving average of $185.60 and a two-hundred day simple moving average of $165.95. NVIDIA Corporation has a 12-month low of $86.62 and a 12-month high of $212.19. The stock has a market capitalization of $4.62 trillion, a price-to-earnings ratio of 54.18, a PEG ratio of 1.49 and a beta of 2.11.

NVIDIA (NASDAQ:NVDA) last issued its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.04. The firm had revenue of $46.74 billion during the quarter, compared to the consensus estimate of $45.65 billion. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The company’s revenue was up 55.6% on a year-over-year basis. During the same period last year, the company earned $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. On average, research analysts anticipate that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal 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 dividend of $0.01 per share. The ex-dividend date was Thursday, September 11th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.0%. NVIDIA’s dividend payout ratio is presently 1.14%.

Insider Buying and Selling

In related news, CFO Colette Kress sold 27,640 shares of the business’s stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $208.33, for a total value of $5,758,241.20. Following the completion of the transaction, the chief financial officer directly owned 2,828,122 shares in the company, valued at $589,182,656.26. The trade was a 0.97% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Jen Hsun Huang sold 25,000 shares of the company’s stock in a transaction that occurred on Wednesday, October 29th. The shares were sold at an average price of $207.91, for a total value of $5,197,750.00. Following the completion of the transaction, the chief executive officer directly owned 69,733,203 shares in the company, valued at $14,498,230,235.73. This trade represents a 0.04% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 3,251,577 shares of company stock worth $583,143,187. Corporate insiders own 4.17% of the company’s stock.

Wall Street Analysts Forecast Growth

NVDA has been the topic of several analyst reports. Truist Financial lifted their target price on shares of NVIDIA from $210.00 to $228.00 and gave the stock a “buy” rating in a research note on Thursday, August 28th. Bank of America boosted their price objective on shares of NVIDIA from $235.00 to $275.00 and gave the company a “buy” rating in a research report on Wednesday, October 29th. Benchmark increased their target price on shares of NVIDIA from $190.00 to $220.00 and gave the stock a “buy” rating in a report on Thursday, August 28th. Needham & Company LLC boosted their price target on NVIDIA from $200.00 to $240.00 and gave the company a “buy” rating in a report on Wednesday, October 29th. Finally, Piper Sandler set a $225.00 price objective on NVIDIA and gave the stock an “overweight” rating in a research report on Wednesday, August 13th. Five research analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, NVIDIA presently has an average rating of “Buy” and an average price target of $239.15.

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.